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English basements are sometimes rented out separately from the main dwelling, either by a single landlord who owns both portions of the building or by a tenant of the building who is subletting. English basements are most common in larger, older cities like London, Edinburgh, New York City, Boston, and Washington, D.C. [2]
A basement apartment is an apartment located below street level, underneath another structure—usually an apartment building, but possibly a house or a business. Cities in North America are beginning to recognize these units as a vital source of housing in urban areas and legally define them as an accessory dwelling unit or "ADU".
In addition to single-family row houses and semi-detached houses, the neighborhood has about 75 rental apartments in 7 low-rise multi-family buildings. [1] River Terrace is bounded by DC Route 295 (also known as the Anacostia Freeway) to the east; Benning Road, NE to the north; the Anacostia River to the west; and East Capitol Street to the south.
Top real-estate CEO suggests some young people might have voted for Trump because they’re sick of living in their parents’ basements Alena Botros November 14, 2024 at 12:44 PM
A basement can be used in almost exactly the same manner as an additional above-ground floor of a house or other building. However, the use of basements depends largely on factors specific to a particular geographical area such as climate, soil, seismic activity, building technology, and real estate economics.
CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Washington, D.C., the company has grown to include the online database CoStar and several online marketplaces, including Apartments.com and Homes.com.
The property was valued at $278 million in 1991. [20] Efficiency units in that year sold for $95,000, while penthouse apartments went for $1 million or more. [20] Various buildings were sold again in the early 2000s (decade). [6] In 2005, all of the retail space in the complex was put up for sale. [3]
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