Residents to Leave Water Street Condos for Repairs
Residents of a high-end, 72-unit building on the Georgetown waterfront will be moving out temporarily for repairs to a structure just over ten years old.
With a lawsuit settled between owners of units in the condominium building at 3303 Water St. NW and its builder and seller EastBanc and its CEO Anthony Lanier, construction work is set to begin this month.
The Washington Business Journal reported May 29: "Details of the mass exodus from 3303 Water St. NW are scarce. We’re told that residents will be leaving as soon as the second week in June and were offered the opportunity to relocate to a D.C. Ritz-Carlton at a cost of $12,000 for a month."
The Journal continued: "In 2011, the 3303 Water Street Condominium Association sued EastBanc, its president Anthony Lanier, and EastBanc’s contractors, alleging the design, construction and installation of drywall, bathtubs, and ventilation shafts 'fail to meet the requirements of the applicable building code and industry standard, and creates substantial risk to the health and safety of unit owners and residents, as well as risk of and actual damage to property.' "
“It is one of the most beautiful condos in Washington, D.C.,” Katten Muchin Rosenman LLP Partner S. Scott Morrison, attorney for the condo association, told the Journal. “The interior finishes are first rate. The views out over either Georgetown or the river are spectacular. The problem in this building stems from poor management of the construction process by Lanier and a refusal to take appropriate steps to remedy those deficiencies. The association was left with absolutely no choice but to sue Lanier and the defendants.”
Morrison told the newspaper the issues were discovered after a sprinkler head burst, damaging six units. Contractors discovered “serious deficiencies” during the ensuing repairs, which required drywall removal. The lawsuit alleged: Gypsum wall board is discontinuous and/or omitted in concealed areas. Steel wall studs were severed and/or cut out for piping “in a manner that is not in compliance with applicable fire and building codes.” Bathtubs were improperly supported and installed, and a retention flange was omitted, allowing “water to enter the wall assembly.”
The condominiums were built by EastBanc in 2004. The lawsuit, which includes money for the construction job and moving costs, was settled in November 2014.
One source familiar with the address said that residents would be moving in stages, not all at once.
One of 3303 Water Street's units is on the market for $9 million.