Arlington’s Housing Market Profiled — “Outside of their single-family zoning reforms, both Minneapolis and Arlington have been national standouts for permitting large numbers of big apartment buildings. In both places, rents are more affordable than in peer cities, in part due to this multifamily construction. One new apartment building in either locality may exceed its number of missing-middle units permitted in a year.” [Governing]
Condo Sale Record — “A 29th-floor Rosslyn condo has set a record for the most expensive sale of its kind in Virginia. Ralph Shrader, chairman of Booz Allen Hamilton’s board of directors and its former CEO, and his wife, Janet, sold their Waterview condo this week for $5.95 million, or just shy of $1,300 per square foot. The unit was originally listed for $6.95 million in July before dropping to $6.25 in late October.” [Washington Business Journal]