capitol hill

Giorgio Gucci Visits Capitol Hill To Protest Counterfeit Trade and Distribution

Giorgio Gucci made his first visit to Washington yesterday as part of a forum discussion entitled "Intellectual Property Rights in the Fashion Industry and Its Effects on Our Nation's Economy." Gucci, descendant of the famous Gucci dynasty, is the third generation of Gucci heirs that began with his grandfather, Guccio, who established the Gucci House of design in 1905. Panelists included Caroyl Miller, deputy textile negotiator from the U.S. Trade Representative Office, Jean Bonilla, director of the Office of Intellectual Property Enforcement and Steve Hicks, director of trade policy and agreement at the office of U.S. Customs and Border Protection.

Tags: capitol hill, counterfeit, diane watson, giorgio g, giorgio gucci, greater washington fashion chamber of commerce, washington dc

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Fed Chairman Ben Bernanke's Home Victim of Same Economy

by Sarah Gilbert (RSS feed) —

Filed under: Estates

There's justice, and then there's poetic justice. Whether or not you blame Federal Reserve Chairman Ben Bernanke for the current woes of our financial system, it's good to know that he's not immune from the plummeting housing market. Not at all. The Fed chief has a four-bedroom townhouse in Washington, D.C.'s Capitol Hill area that he bought in May 2004 -- near the peak of the real estate market. He paid $839,000.

After enjoying a brief run-up in market value to over $1 million, the recession happened (and a little something with interest rates, remember that, Ben?) and now, according to estimates, the house is worth only... $840,000. Homes in Bernanke's neighborhood seem to have peaked in value in 2005, and have since fallen -- though only a few percentage points this year, down to a median of $545,000 from $550,000 in third quarter 2007.

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Tags: ben bernanke, bernanke, capitol hill, recession, washington dc

North Capitol Hill, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Lovely, that seems the perfect word to describe this 1906 home in Seattle's North Capitol Hill neighborhood. The home is full of beautiful vintage details such as coffered ceilings, stained glass windows, French doors and in the living room, a giant fireplace surrounded by prized Batchelder tiles. The six-bedroom three-bedroom home has beautiful hardwood floors, a private deck and a beautiful wine room. Absolutely gorgeous, this home has been lovingly maintained and is full of all sorts of swoonworthy details right down to the volute curves of the columns on the porch. It is listed at $3.75 million. Pictures are both after the jump and in the gallery below.

Gallery: North Capitol Hill