Want to live in the Grays on Pennsylvania Avenue SE, the 118-unit apartment building with the District’s newest Yes! Organic Market in the bottom floor?
The building opened back in May, and was completely leased up in September. Now it’s got 200 people on the waiting list.
I’d like to say it proves the strength of the residential market east of the Anacostia River, but this is a totally affordable building, priced for people making 60 percent of the area median income or below (which is still a respectable $43,500 in these parts). And the few times I’ve been by, the grocery store hasn’t looked particularly busy.
Still, the pace is impressive, and may bode well for market-driven development down the line.