Sales of newly built homes jumped far more than expected, up nearly 13% annually, according to the U.S. Census. After slowing dramatically in March, as the coronavirus shut down the economy, they posted the strongest May pace since 2007, a recovery that surprised even the builders themselves. But housing starts were not nearly as strong, and builders are struggling to meet this new demand. A telling point in the data: The biggest sales jump came in homes not yet started. That caused the supply of homes for sale that were under construction to drop 15% compared with a year ago.
Five Washington Marriott Wardman Park employees have told Channel 7 On Your Side that the storied, 102-year-old hotel is expected to go out of business this summer.
Brahim Abouaraine, 58, of Falls Church, Muluberhan Teffera, 62, of Gaithersburg, Mulugete Ambaye, 56, of Silver Spring, Paul Chiduzo, 60, of Silver Spring, and Samson Solomon, 60, of Silver Spring, met on the grassy knoll in front of the historic property. The five unionized employees have collectively worked at the Marriott Wardman Park for nearly 160 years.
Teffera heard a rumor that the 1,153-room hotel — which has been closed since mid-March because of COVID — would shutter for good. On Monday, Teffera explained she received an “emergency” text directing her to a Zoom teleconference with Local 25 leadership. The call confirmed her worst fears.