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Six Years After Setting a Record, DC Rentals Take a Hit

Boston Firm Agrees to Buy Luxury Property The Woodley for $180 Million, Down 10% From 2014
The eight-story Woodley in Washington, D.C., has a wood-paneled lounge that hearkens back to residential properties from generations ago. (CoStar)
The eight-story Woodley in Washington, D.C., has a wood-paneled lounge that hearkens back to residential properties from generations ago. (CoStar)
By John Doherty
CoStar News
January 9, 2020 | 11:09 P.M.

The Woodley, a luxury rental property in Washington, D.C., set a pricing record six years ago when it traded for $198 million. Then, it was a brand-new, sparkly – but empty – jewel in the northwest part of the nation’s capital.

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News | Six Years After Setting a Record, DC Rentals Take a Hit