UPDATE: GM was mistaken. While the Levy Group owns several of the buildings along Pennsylvania Ave. next to the Four Seasons, it doesn’t own the hotel, Strategic Hotels does. However the root of the prediction still holds since the Levy Group is teaming with Strategic Hotels to bid on the West Heating Plant.
Original Post:
As of last night, the standing highest bid on the West Heating Plant is over $15 million. The auction was supposed to close on February 19th, but it was always labeled a “soft close” and GSA will likely keep the bidding open until 24 hours goes by without a higher bid.
The bids are anonymous. Until last night the high bidder was “Bidder #5” for $15 million. That was topped by a bid for $15.2. All we know is that neither is EastBanc; Anthony Lanier announced that they are no longer in the running.
GM has heard no rumors or tips as to who could be throwing around that much dough. But for the record, he is going to guess that the winning bid will come from one of two sources: the Levy Group or New York money.
The Levy Group owns the is teaming with the owners of the Four Seasons and they have been the most aggressive group pushing various ideas they’d like to implement as if they already owned it. For instance, they’ve already privately floated the idea of building a bridge across the canal to connect the two buildings (that has no chance in hell getting built). Continue reading →
Photo by Brownpau.
The Georgetown Metropolitan 
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