Washington Life Magazine - June 2008

WHO HAS IT? AND WHO GIVES IT AWAY?

S P E C I A L R E P O R T

THE WEALTH LIST THE SECOND IN A TWO-PART SERIES

MILLION TO MILLION

PAY IT FORWARD ROLAND FLAMINI ON WEALTH PRESERVATION AND THE STATE OF WASHINGTON PHILANTHROPY

MEDIA CRUSH!

JUNE

2008

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PAGES OF FASHION WEALTH AND LUXURY REAL ESTATE

IE S!

PLUS CONTRIBUTIONS FROM MIA FARROW CHRISTY TURLINGTON & REP STEPHANIE TUBBS JONES

FATHER’S DAY TRIBUTES FOR ADRIAN FENTY AND JIM WOOLSEY

EX ES C ,P L AR U TI SI ES V ,P E AR !

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SHEILA JOHNSON TAKES A POWERFUL NOISE TO TRIBECA

WL’S FINANCIAL ROUNDTABLE WITH ED MATHIAS AIMEE DANIELS DEAN EISEN LARRY FISHER AND TERRY BEATY

PA RT I

BRET BAIER TAMMY HADDAD ANN COMPTON & JANET DONOVAN ON THE WHITE HOUSE CORRESPONDENTS’ ASSOCIATION DINNER WEEKEND

WASHINGTON DC STORE

1666 CONNECTICUT AVENUE NW, T +1.202.232.8520 OPER ATED BY IK MIX INC.

CONTENTS JUNE 2008

POLLYWOOD

WHITE HOUSE CORRESPONDENTS’ ASSOCIATION WEEKEND

Inside info on Washington’s favorite weekend party marathon, complete with pre-parties, brunch, red carpet coverage, after parties, and more.

SPECIAL REPORT

THE WEALTH LIST

The Wealth List returns this month in its second installment, which features a selection of Washingtonians in the $25 to $200 million net worth category.

INSIDE HOMES

PEEBLES’ PRIORITIES

Don and Katrina Peebles invite us in to their 1929 Jacobean revival in Massachusetts Avenue Heights, which they’ve transformed into a minimalist haven for contemporary art.

ON THE COVER Melvyn Estrin, Ted Kennedy, Bonnie McElveen Hunter, Huda Farouki, Norma Gewirz Kline Tiefel, Jack Davies, Joan Fleischmann Tobin, Stuart Bernstein, Colin Powell, and Mark Ein ABOVE JoAnn and John Mason. TOP RIGHT Morgan Fairchild and Wolf Blitzer at the White House Correspondents’ Association Dinner (Photo by Tony Powell) BOTTOM RIGHT Katrina and Don Peebles with their daughter Chloe. (Photo by JB Yong)

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73 EDITOR’S LETTER ...............................................

CONTRIBUTORS .................................................

FYIDC WHO’S NEXT Coventry Burke .............................

SOCIETY POP Hollywood meets K Street ............

THE INSIDER’S GUIDE This month’s must-dos ..

SOCIAL CALENDAR Save the date ....................

42 LIFE OF THE PARTY WL EXCLUSIVES “Tamerlano” Cast Party at the British Amb. Residence .................................................

De Beers’ Shining Light Fashion Show .....................

Capitol Movement Project Post-Performance Party.......

Congressional Black Caucus Foundation Event...........

WASHINGTON SOCIAL DIARY PARTIES! PARTIES! PARTIES! ........................

PAINT THE TOWN Getting in art’s head space ............................................

AROUND TOWN Pulling rabbits out of the Bard’s hat ..............................

OVER THE MOON Hunt Country angels ...........

Ruth Buchanan’s 90th Birthday ...............................

Twin Oaks 120th Anniversary Celebration ................

HOME LIFE

WL SPONSORED

INSIDE HOMES

Corcoran Ball ...............................................................

At home with Don and Katrina Peebles .......................

Kennedy Center Spring Gala.......................................

Washington Ballet Gala ...............................................

OPEN HOUSE

White House Correspondents’ Association Weekend .....

Mosaic Foundation Benefit Dinner...............................

Tribeca Film Festival ....................................................

School Night ................................................................

DIPLOMATIC DANCE

Refugees International Gala ........................................

Wealth in different lands .............................................

Shoshana Trunk Show at Urban Chic ..........................

POLLYWOOD HOLLYWOOD ON THE POTOMAC

Cultural Development Corporation Gala .....................

FEATURES

On the market and ready to move ................................

REAL ESTATE SPOTLIGHT Save money with new mortgage regulations...................

RE NEWS Meet the new neighbors ...........................

HISTORICAL LANDSCAPES From such great heights ................................................

Pecha Kucha Vol. 4 ......................................................

GOOD SPENDING HABITS Roland Flamini on paying it forward ............................

MY FATHER Tributes to dads Adrian Fenty and James Woolsey ........

FINANCIAL ROUND TABLE Experts discuss the current financial climate .................

LIFESTYLES WL FASHION

Saint-Tropez on the Bay ..............................................

TREND REPORT Diamond girl ................................................................

CLOCKWISE FROM UPPER LEFT Cool Change dress ($202) and Don Eduardo et Donna Rosalia hat ($620); SyLene, 4407 South Park Ave., Chevy Chase, Md., 301-654-4200. Beaudry 44” platinum and diamond chain necklace ($44,330); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432. (Photo: Tim Coburn). PAGE 73 / Custom-designed platinum and diamond ring ($72,900); Jorge Adeler Original Design, Adeler Jewelers, 772 Walker Rd., Great Falls, Va., 703-759-4076. PAGE 80 / Christy Turlington and Sheila Johnson (Photo by Chris Eastland) PAGE 50 / Laura Desirio, Septime Webre, and Sara Lange at the Washington Ballet’s Cinderella Ball. (Photo: Tony Powell) PAGE 30 / Tom Cruise and Martin Scorcese at the Kennedy Center Spring Gala.

(Photo by Margot Schulman) PAGE 42.

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ON THE SURFACE IT’S A SCHOOL, BUT DEEP DOWN WE’RE UNEARTHING TOMORROW’S DIAMONDS. Every year, De Beers helps educate children throughout Southern Africa, ensuring dreams have a chance to grow. From building new classrooms and providing textbooks, to helping children discover the digital world with state-of-the-art computer labs, De Beers is helping to bring hope and change lives. De Beers currently has 600 Social Investment Projects around the world.

WA S H I N GTO N ’S P R E M I E R E LUXU RY L I F E ST Y L E M AGA Z I N E S I N C E 1 9 9 1

EDITOR IN CHIEF

Nancy Reynolds Bagley EXECUTIVE EDITOR

Michael M. Clements EDITORIAL DIRECTOR

SENIOR EDITOR

Katie Tarbox

Kevin Chaffee

DEPUTY EDITOR

ASSOCIATE EDITOR

Christina Wilkie

Beth Farnstrom COPY EDITOR

Claudia Krieger COLUMNISTS

Janet Donovan, Renee Drake, Donna Evers, Mary Mewborn,Vicky Moon, Gail Scott, and Donna Shor CONTRIBUTING WRITERS & EDITORS

Bret Baier, Ann Compton, Samia Farouki, Mia Farrow, Roland Flamini, Jason Gold,Tammy Haddad, Hamdah Harizi, Rep.Stephanie Tubbs Jones, Christy Turlington, and Dan Woolsey CREATIVE DIRECTOR

J.C. Suarès

ART DIRECTOR

Bridget Manifold CONTRIBUTING GRAPHIC DESIGNERS

Elizabeth Demers, Anas Ruhman PHOTO EDITOR

Paul Simkin CONTRIBUTING PHOTOGRAPHERS

Tim Coburn, Beth Farnstrom, Zaid Hamid, Russell Hirshon, Justin Kriel, Mary Kate McKenna, Peter Muller,Vicky Pombo,Tony Powell, Kyle Samperton, and JB Yong STYLISTS

James Cornwell and Lana Orloff ADVERTISING DIRECTOR

Kelly Ginter LUXURY BRAND MANAGER

Krista Bullion SENIOR ACCOUNT EXECUTIVE

Alexandra Misci ACCOUNT EXECUTIVES

Anna Croll, Sara Padob, and Theodore Wilhite BOOKKEEPER

Kevin Smoot WEB TECHNOLOGIES DEVELOPMENT

Ernesto Gluecksmann, Infamia, Inc. INTERNS

Katie Buckland, Juliana Gutowski, Anfon Ha, Raven Holzer, Jessica Hurtt, and Lakendra Smith FOUNDER

Vicki Bagley CHAIRMAN, EXECUTIVE BOARD

Gerry Byrne CHIEF EXECUTIVE OFFICER

Soroush Richard Shehabi

Washington Life magazine publishes ten times a year. Issues are distributed in February, March, April, May, June, July/August, September, October, November and December and are hand-delivered on a rotating basis to over 150,000 homes throughout D.C., Northern Virginia and Maryland. Additional copies are available at various upscale retailers, hotels, select newstands and Whole Foods stores in the area. For a complete listing, please-consult our website at www.washingtonlife.com. You can also subscribe online at www.washingtonlife.com or send a check for $49.99 (one year) to: Washington Life Magazine, 2301 Tracy Place NW, Washington D.C., 20008. BPA audited. Email us at info@washingtonlife.com with press releases, tips and editorial comments. Copyright ©2008 by Washington Life. All rights reserved. Reproduction or use of editorial content or photos in any manner without permission is strictly prohibited. Printed in the United States. We will not be responsible for unsolicited manuscripts or photographs.

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EDITOR’S LETTER

What is Wealth Worth?

L

ast year, ourWealth List turned out to be one of our best sellling issues ever. In 2007, the price of inclusion on the Forbes 400 rose from $1 to $1.3 billion. Last time we started at the top as well, with $10 billion, and worked our way “down” to $200 million, considering financial assets and other information from the public record and confidential sources such as the highly secretive “Deep Pockets.” The second half follows the same pattern but requires less capital – $25 million to $200 million – respectively.

With great wealth comes great responsibility. Many wealthy area residents manage their money wisely and give generously. Veteran writer Roland Flamini takes a look at current trends in American philanthropy, and we gather some of the region’s wisest financial gurus – Ed Mathias, Dean Eisen,Terry Beaty, Larry Fisher, Amee Daniels for our Financial Roundtable.Thanks also to JosephWarren and Ron Paul for their contributions.

June is also the time for fatherfêting, and we’ve got well-known dads like Adrian Fenty and Jim Woolsey celebrated by their proud sons in our Father’s Day Special.

Having covered the dads, we put a sparkle in the ladies’ eyes in Lifestyles, where our Trend Report shines with the brilliance of diamonds. This aesthetic carries over into our fashion feature,“Saint-Tropez on the Bay,” where we sunbathe in the hottest yachting fashion.Thanks to Bay Bridge Marina, and, especailly, Fred Azar and the team at American Global Yacht Group at for letting us play on their Aprea Mare Maestro 65 Italian yacht (yours for a meager $3.6 million.)

We turn our attention from sea to stars in Pollywood, where Hollywood on the Potomac columnist Janet Donovan covers the White House Correspondents’ Association Dinner Weekend; we go inside one of the city’s other hottest celebrity draws – the Kennedy Center Spring Gala; and in New York at the Tribeca Film Festival, we catch up with Washington filmmakers Sheila Johnson (A Powerful Noise), Tom and Paul Hardart (Before the Rains), and Karim Chrobog, whose film War Child won the Tribeca 2008 Audience Choice for Best Feature Film. Plus, yoga enthusiast/philanthropist Christy

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Turlington Burns writes about Johnson’s cinematic tour de force.

Our columnists were hard at work making sure that your social life is as “rich” as our big-bucks feature section. Around Town pulls up a chair at the must-attend galas; Diplomatic Dance looks at the meaning of “wealth” around the world; and Over the Moon brings Middleburg philanthropic flavor. In Home Life, Don and Katrina Peebles welcome us into their Massachusetts Avenue Heights residence; Real Estate Spotlight takes a look at loan limits for residential mortgages; Historical Landscapes examinesWashington’s storied Left: Livia Giuggioli, Colin past; and Open House shows Firth, and Nancy Bagley at the us what’s currently up for Bloomberg after party following the White House Correspondents’ grabs on the real estate front.

Association annual dinner.

There’s a wealth of events (Photo by Tony Powell) covered this month; WL Below: Rosario Dawson, Nancy Bagley, and Maria Teresa Peterson sponsored the Corcoran at John and Christina McLaughlin’s Ball, the Washington Ballet brunch the day after the dinner and Bloomberg after-party.

Gala, the Mosaic Foundation (Photo by Kyle Samperton) Dinner, and the Refugees International Dinner (with a heartfelt contribution from human rights advocate Mia Farrow). We had the exclusive on Twin Oaks 120th Anniversary Dinner, the Cultural Development Corporation Benefit, the British Ambasador’s dinner for Placido Domingo, and the Congressional Black Caucus Foundation’s event.

Coming up,save the dates for the WL sponsored Opera Ball on June 6, the CharityWorks 100 PointVintage Wine Tasting on June 7, and the Silverdocs Film Festival, which takes place from June 16-23, join us for the kickoff party at Chi Cha Lounge on the 5th.

Nancy R. Bagley Editor in Chief Readers wishing to contact Nancy can email: letters@washingtonlife.com

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)T´S NOT JUST A CARD

)T´S A CHOICE

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! CHOICE TO SPEED UP YOUR LIFE ! CHOICE TO SLOW IT DOWN

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CONTRIBUTORS

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BRET BAIER is the chief White House correspondent for FOX News Channel, where he reports on presidential activities on a national and international scale. He contributes to our coverage of the White House Correspondents Association Weekend.

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ANN COMPTON began her career as an ABC News White House correspondent in 1974. She is president of the White House Correspondents’ Association.

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JANET DONOVAN is the founder and president of Creative Enterprises International, a Washington publicity firm whose clients include celebrities, authors, politicians, and publications.

She created and hosted The Beltway Broads radio show and writes the column Media Spotlight.

4 SAMIA FAROUKI is involved in the arts, education, and peace building. Well-known for her creative energy, she is the founder and CEO of HAIFinance Corporation, a global investment company. She adds to our coverage of the Mosaic Foundation Dinner.

5 MIA FARROW’s screen credits include over 40 major films, a Golden Globe award, and a hit TV series. A longtime UNICEF goodwill ambassador, Farrow has played a leading role in mobilizing the international community to protest the genocide in Darfur. She was honored for her humanitarian work at the Refugees International Gala.

6 ROLAND FLAMINI was the Washingtonbased chief international correspondent at United Press International until 2006. He also worked as the foreign correspondent and World section editor for Time magazine. In the feature “Good Spending Habits” he explores some of the forces affecting philanthropy today.

7 JASON R. GOLD is a mortgage specialist for Bank of America, with more than 16 years of experience serving clients nationwide. He and his business partner, Shap Bashar are the most successful team of mortgage bankers at Bank of America. This month Gold contributes an informative piece on the future of residential loan limits.

8 TAMMY HADDAD is a veteran executive producer of network news and entertainment programs. Best known as the creator and longtime executive producer of Larry King Live, this media consultant shares her White House Correspondents Association Weekend

experience.

9 HAMDAH HARIZI is the legendary Queen of Caviar, representing Black Pearl Caviar International L.L.C., which supplies luxury hoteliers and more with the finest roe. Harizi contributes to our coverage of the Mosaic Foundation Gala.

10 EDWARD J. MATHIAS is a managing director of the Carlyle Group and co-chairman of the President’s Circle of the National Gallery of Art. An expert in venture-capital investments, Mathias serves as the moderator for this month’s Financial Roundtable.

11 LANA ORLOFF heads a style consulting company “Lana Orloff Style.” With many years of experience and a love for shopping and fashion, Lana offers style and image management, closet and wardrobe organization and special event styling and makeovers, among other fashion services.

12 REP. STEPHANIE TUBBS JONES is the first African-American woman elected to the U.S. House of Representatives from Ohio. and she is serving her 5th term in office. Tubbs Jones wrties about the historic relationship between African-Americans and the nation of Turkey.

13 CHRISTY TURLINGTON shows that models can be role models as well. She is the benefactor to a number of organizations, including causes for cancer and animal rights.

She contributes to coverage of Sheila Johnson’s film, A Powerful Noise.

14 DAN WOOLSEY was raised in Washington and studied overseas before receiving a Bachelor’s degree in Anthropology from Colorado College. After working as a corporate investigator in London, he moved to New York to start a career in film. He writes about his father, R. James Woolsey, in our Father’s Day feature.

Notes on the May 2008 Power Issue: Viewership from September 2, 2007 to May 11, 2008 for Sunday morning talk shows was Meet the Press, 3.92 million viewers; This Week, 2.78 million; Face the Nation, 2.70 million; and Fox News Sunday, 1.39 million. / For the May “Power Stylists” feature, Christophe Salon’s Isabelle Geotz notes that she has been Sen. Hillary Clinton’s stylist for the past decade. / Abe Pollin is a very young 85 years old, not 77 as noted in “The Power 100.”

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www.breitlingforbentley.com

PRESTIGE AND PERFORMANCE. Each inspired by its own “winged B” symbol, Breitling and Bentley share the same concern for perfection. The same extreme standards of reliability, precision and authenticity.The same unique blend of prestige and performance. Whether in the Breitling workshops or in the Bentley factory in Crewe, cutting-edge technology is placed in the service of noble traditions.

Symbolising this communion of ideals,Breitling participated in styling the instrumentation of the Bentley Continental models, the most powerful ever built by Bentley.

EXCLUSIVITY AND TECHNICAL EXCELLENCE. For devotees of fine mechanisms, Breitling has created a line of exceptional chronographs named “Breitling for Bentley”. Representing the culmination of sophisticated aesthetic research, these wrist instruments mirror the signature features of the famous British car manufacturer. Dedicated to the automobile world, they incorporate several exclusive technical characteristics, including a variable tachometer, and are propelled by high-performance “motors” patiently assembled by watchmakers at the peak of their art.Time is the ultimate luxury.

The greatest luxury in life is time.

Savour every second.

BENTLEY MOTORS

FYIDC

The Insider’s Guide to Washington | Hollywood meets K Street, The Social Calendar, Summer Polo and The Darlington House

WHICH CHARITIES DO YOU SUPPORT AND WHY?

I give to the “One Laptop Per Child Foundation,” that distributes laptops in Africa, and to the Valour IT program, which helps wounded soldiers get voice-activated laptops.

WHICH FUNDRAISERS DO YOU LIKE TO ATTEND?

The Jeté Society throws an outrageously fun party for The Washington Ballet.

WHAT DO YOU DO IN YOUR FREE TIME?

I am an avid equestrienne and I ride and show hunter-schooled horses. I’m also a voracious reader and I love to hike and fish.

WHAT SURPRISES YOU MOST ABOUT YOUR ADULT LIFE?

That I have found a profession I love so much! Working for The Nature Conservancy is both challenging and inspiring every day.

WHAT IS SOMETHING MOST PEOPLE KNOW ABOUT YOU?

I tie my own flies for flyfishing - catch and release, of course!

WHAT DO YOU MOST LOVE ABOUT D.C.?

The smell of spring and the song of the Carolina Wren.

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Who’s Next Coventry Burke Since moving to Washington to complete a Master’s degree, Burke has quietly been devoting her time to worthy causes. By day she works in development at The Nature Conservancy, and by night she serves on boards and committees for non-profits like The Washington Ballet and the Washington Humane Society.

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FYIDC | SOCIETY POP

WHEN HOLLYWOOD LOBBIES THE

HILL

After Elizabeth Taylor testified before Congress in the ‘80s, AIDS research got major funding. Her efforts established a model for celebrity lobbying that continues to this day and it wasn’t too long before the Capitol steps turned into a red carpet for Hollywood stars to voice their concerns at official hearings. Here’s a breakdown of advocates and their causes: ROSARIO DAWSON

BEN AFFLECK A-T Children’s Project

V-Day / Violence Against Women

for Ataxia-Telangiectasia research

DREW BARRYMORE Goodwill Ambassador for the U.N. World Food Program

GEORGE CLOONEY Save Darfur

KATIE COURIC Funding for Colon Cancer Research (NCCRA)

BONO ONE Campaign

ROBERT REDFORD National Endowment for the Arts and the Natural Resources Defense Council

MARCIA CROSS Breast Cancer Patient Protection Act of 2007

PAMELA ANDERSON PETA

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FYIDC | THE INSIDER’S GUIDE

Hey, Big Spender Editor’s Pick QUIET REVOLUTION Immerse yourself in art at SYNETIC THEATER where beautifully choreographed classical plays are performed entirely without words.

Led by the talented husband and wife team of Paata and Irina Tsikurishvili, Synetic’s 2007 productions were recently honored with five Helen Hayes Awards, reinforcing the company’s status as the current darlings of Washington theater. The company makes its Kennedy Center debut May 29th with Carmen, which runs through June 15. Tuesday–Saturday, 7:30 p.m.; Sundays, 3 p.m.; tickets: $35-40; www.kennedy-center.org

IN

“The Fall of the House of Usher” at the Synetic Theater, which utilizes movement over dialogue. (Photo by Raymond Gniewek)

&

OUT

SmartBike D.C.’s shared 3-speed bike pilot program

Driving your SUV three blocks

Sharing your day with a shelter rescue dog through the flexpet program, flexpetz.com

Dressing up your Chihuahua

Speedboat tours, www.

Amphibious “duck” tours

by the numbers

100%

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The rate of return for micro loans to entrpreneurs made through www.kiva.org

The number of anonymous charitable donations over $10 million made in 2007

How many Americans gave away more than $200 million last year

The estimated number of children in Washington D.C. who are at risk of hunger

Sources (L to R): Kiva, The Chronicle of Philanthropy, and Share our Strength

hot ticket PLAY THE PONIES Washington’s thriving summer polo scene heats up this month, so don your pressed linens and wide brimmed hats at these fantastic fields.

• TWILIGHT POLO Enjoy polo, tailgates, and a DJ every Saturday night from May 31 – September 13 at Great Meadow.

Gates open at 6:30 p.m. and the first match starts at 7 p.m. $20 per car or $10 a person; www.greatmeadow.org • VIRGINIA INTERNATIONAL POLO CLUB Sunday afternoons from June 1 – through September at historic Llangollen Farm in Upperville,Va. Weekly premiere matches Polo matches are a fun, affordable way at 3 p.m. and special events all summer. to spend the day 540-592-7474 or www.vipoloclub.com outdoors

SeadogCruises. com

Fashion Law, like the recently passed D.C. Fashion Bill to create a fashion commission in the District

Fashion crimes

Respecting your political opponents

Campaigning “to-the-death”

Gladiator sandals

The new American Gladiator

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FYIDC | THE INSIDERâ&#x20AC;&#x2122;S GUIDE

Foodies ONLY RESTON WINE TOURS Gather a few friends and visit three of Virginiaâ&#x20AC;&#x2122;s best wineries all in one dayâ&#x20AC;Świthout ever getting behind the wheel. RESTON LIMOUSINE offers weekend day-trips to wine country starting at $35 per person, with an optional catered lunch and a minimum of three winery stops. Prefer to design your own tour? Their private day-trips are a uniquely luxurious way to toast a bride, grad, or birthday boy. 703478-0500; www. restonlimo.com Chef Alexander Paul Schulte in the 2nd floor dining room of the newly opened Darlington House, which is owned by Fabio and Patricia Beggiato of Sesto Senso and Andalu. (Photo by Russel Hirshorn)

quotable

â&#x20AC;&#x153;We make a living by what we get, but we make a life by what we give.â&#x20AC;?

Winston Churchill

DC-ology

NEW IN TOWN DARLINGTON DEAR Tucked away in an elegant townhouse in Dupont Circle, the nouveau-Italian cuisine and chic patrons at DARLINGTON HOUSE are generating a lot of buzz. Each of the three stories at the former Childe Harolde restaurant has a unique atmosphere - the lower level is a cantina and wine bar, the second floor is a formal dining room, and the top floor will be a library-style lounge. Darlington House, 1610 20th Street NW, between Q Street and Hillyer Place (202-332-3722)

WILLIAM HASELTINE John McCain: $1,000

KNOW YOUR NEIGHBORS As Georgetown gears up for the final campaign, check out whoâ&#x20AC;&#x2122;s supporting whom (and whoâ&#x20AC;&#x2122;s hedging their bets).

DALE AND EDWARD MATHIAS Hillary Clinton: $4,600 Rudy Giuliani: $2,300 (Edward only)

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SARAH AND BOB NIXON Barack Obama: $4,828

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MARGUERITE KONDRACKE Barack Obama: $1,000

MALCOLM MIKE PEABODY Barack Obama: $300 John McCain: $625

Dumbarton Stďš&#x2019; NW ROGER AND VICTORIA SANT Barack Obama: $4,600 Hillary Clinton: $4,600 Christopher Dodd: $3,000 Mi Romney: $2,100 (Victoria only)

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FYIDC | SOCIAL CALENDAR

Visit Washingtonlife.com’s online calendar for information about local benefits and galas. You can post your event online, where it will be considered for our print edition and annual Balls and Galas Directory.

JUNE WASHINGTON OPERA BALL

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French ambassador Pierre Vimont welcomes a select crowd at his home for a celebration of Gallic culture and the Opera.

Bob Hardwick and his orchestra will perform, and lighting expert Julien Pavillard, artistic director of the Fête des Lumières in Lyon, will provide the magical atmosphere. French Ambassador’s Residence; 7:30 p.m. pre-ball dinners at embassies around town; 10 p.m. dancing; $1,000; black-tie; Contact Deana Taylor at 202-295-2437.

CHARITYWORKS POINT VINTAGE WINE TASTING

Featuring perfect wines, an extraordinary venue, and fine gourmet dining, this event is a must-attend … if you can score an invite. Five courses SPONSORED will be prepared by Washington’s bestin-class chefs and matched with wines meeting Wine Advocate 100-point standards. Salamander Farm, Middleburg,Va.; 5 p.m.; $4,000 individual, $40,000 per table; casual cocktail attire; Contact charityworks@aol.com or call 703-286-0758.

WL

JAMAICAN WOMEN OF WASHINGTON FUNDRAISER

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This “6th Annual Tea-Off to Good Health” features a silent auction and is themed around the prevention of obesity and promotion of healthy lifestyles. Honorary co-chairs are Mayor Adrian Fenty and Michelle Fenty. The Four Seasons Hotel; 1:30 – 5 p.m.; tickets start at $85; afternoon tea attire; Contact 202-756-4810.

SILVERDOCS KICK-OFF PARTY

WL SPONSORED

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Get a sneak peek at some of the films that will screen at SILVERDOCS (June 16-23), the District’s own documentary film festival that Variety has dubbed “non-fiction Nirvana.”

Terry Lineberger and Kay Kendall at the 2007 CharityWorks 100 Point Vintage Wine Tasting. (Photo by Paul Simkin)

Festival passes will be available for purchase and complementary, signature SILVERDOCS rail drinks will be provided. Chi Cha Lounge (1624 U St. NW); 6:30 p.m.; free; come as you are; Contact Mary Ann Brownlow at 301-495-672;To purchase tickets, call 1-877-DOCS-TIX. WASHINGTON HUMANE SOCIETY BARK BALL

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Billed as Washington’s only black-tie gala for the “Four on the Floor” crowd, “tails” are optional at this long-famous Washington event for pets and their owners.The formal

soirée includes an auction, seated dinner, and live entertainment. Renaissance Hotel; 7 p.m. silent auction, 8 p.m. dinner, 9 p.m. dancing; $250; black-tie; Contact Tara De Nicolas at 202-723-5730 ext. 226.

INNOCENTS AT RISK BENEFIT

This dinner with dancing and Latin flair honors Rep. Chris Smith and highlights the Ricky Martin “Call and Live” Campaign. It also supports SPONSORED Innocents at Risk’s mission to end of modern-day slave trafficking. Residence of the Ambassador of Colombia; 7 p.m.; $250; cocktail

WL

WA S H I N G T O N L I F E

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OPEN AND UNFORGETTABLE The St. Regis Washington, D.C. redefines elegance after a landmark restoration. Discover the presidential style and bespoke service of the most prestigious hotel in our nationâ&#x20AC;&#x2122;s Capital, desirably located just two blocks from the White House.

To book your next meeting or event at the new St. Regis Washington, D.C., please call 202-638-2626 or visit stregis.com/washington.

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Mae and Ande Grennan at the 2007 Opera Ball (Photo by Kyle Samperton)

Lynda Carter at the 2006 Silverdocs Festival (Photo by Paul Simkin)

attire; Contact 202-237-0090.

STARLIGHT STARBRIGHT CHILDREN’S FOUNDATION MIDATLANTIC TH ANNUAL GOLF TOURNAMENT

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Golfing is now game for a good cause at this event which raises funds to brighten the lives of seriously ill children. Raspberry Falls Golf & Hunt Club (41601 Raspberry Drive, Leesburg,Va.); 10:30 a.m. check in, 12 p.m. shotgun; $325 individual; $1,000 foursome; sporting attire; Contact Tara Waites at 202-293-7827.

US ACTION’S PROGRESSIVE LEADERSHIP AWARDS RECEPTION

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This night honors local leaders who support labor and human rights internationally working to change the world through progressive philanthropy and political activism. National Press Club; 6:30 to 8:30 p.m.; $100; business attire; Contact Andy Sudhakar at 202-263-4555.

AMERICAN DIABETES ASSOCIATION AWARDS DINNER

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The dinner honors fathers in the Washington area who demonstrate ability to balance their personal lives, serve as a role model for their children, and help make a positive difference in their community. Proceeds support the prevention and cure of diabetes.

Mayflower Hotel; 6:30 reception, 7:30 dinner; $250; cocktail attire; Contact Kristi Williams 202-3318303 ext. 4539.

MIDDLEBURG HUMANE FOUNDATION DINNER DANCE

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Games of chance, music by The Whalen Project, catering by Black Street Café and live and silent auctions — it all adds up to a great night out to support the rehabilition of abused, neglected, and at-risk animals. Peace and Plenty Farm at Bollingbrook, Upperville,Va.; 6:30 p.m.; $275; black-tie; Contact 540-364-3272.

THE CHILDREN’S INN AT NIH HONORS DEBBIE DINGELL

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Congressional spouses started the Inn in 1987 to assist pediatric cancer outpatients and their families.This year, longtime supporter Debbie Dingell will be honored.

National Building Museum; 6:30 p.m. reception, 7:30 p.m. dinner; $1,000 business attire; Contact Susan O’Neill at 301-229-0124.

SAVE THE DATE UPCOMING WL-SPONSORED EVENTS SEPTEMBER : WASHINGTON NATIONAL OPERA OPENING NIGHT

CARE EMBASSY DINNERS

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relief efforts. 7 – 9 p.m.; $350; business attire; Contact Oliver Truong at 202-595-2819.

Dozens of ambassadors will welcome CARE guests to their residences for a private dinner in support of CARE’s worldwide

SEPTEMBER : CHARITYWORKS DREAM BALL

WA S H I N G T O N L I F E

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THE WILLARD I N T E RC ON T I N E N TA L, W HER E GR E AT M E E T I N G S H A P P E N.

From small meetings to large conferences, breakfasts to banquets, the Willard InterContinentalÂŽ always makes a good impression. With a location in the heart of D.C., this magnificent Washington landmark provides an inspiring setting for any gathering. Whatever your needs, our professional staff will ensure that every detail goes smoothly. At the Willard InterContinental, every event is a special one.

Do you live an InterContinental life?

Call 202.628.9100 or visit www.washington.intercontinental.com Š2007 InterContinental Hotels Group. All rights reserved. Most hotels are independently owned and/or operated.

LIFE OF THE PARTY

WL-sponsoredďš?

Hostedďš? and exclusive events | Mosaic Foundation Benefit, Corcoran Ball, Refugees International, and the Washington Ballet

Christy Turlington and Sheila Johnson at the Tribeca premiere of A Powerful Noise. (Photo by Chris Eastland)

WA S H I N G T O N L I F E

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Susie Kupka and Nick Pappas1

Nancy Smith, Paul Greenhalgh, and Adero Willard1

William Haseltine and Nini Ferguson1

Dondi and Mark Schoenfeld2

WL SPONSORED

THE CORCORAN BALL The Corcoran Gallery of Art PHOTOS TONY POWELL AND MARY KATE MCKENNA

THE EVENT The 53rd annual Corcoran Ball brought together more than 1,200 art lovers and patrons for a gala evening of dinner and dancing which raised over $720,000 for Washington’s first and largest non-federal museum of art. Dinner tables were arranged throughout the galleries, and works from the museum’s special exhibition The American Evolution: A History through Art were on display, including Gilbert Stuart’s portrait of George Washington and Andy Warhol’s Mao print. THE SCENE The work of floral master Jack Lucky was on view in 15 uniquely decorated dining rooms, each designed by the Women’s Committee of the Corcoran to synchronize with the art on display in that gallery. Crab Louis and filet mignon were followed by a creative dessert of assorted individual pies and cakes, at which point the normally quiet museum was filled with the music of two live bands, one on each floor. Seen on the dance floor: Mike Peabody dipping and twirling a few lucky ladies…the man can dance! THE GUESTS Ball chairwoman Nancy Smith and her husband Steven, Italian Amb. Giovanni and Leila Castellaneta, Bitsey Folger, Septime Webre, Pam Howard, Wesley and Betty Foster, Michael and Susan Harreld, Sam and Ellen Schreiber, Hagan and Eve Saville, Rynthia Rost, William and Elise Couper, William and Maureen Torgerson, Janet Howard, Marc and Eileen Weller, and Ralph and Mary Grace Crosby.

Susan and Don Rappaport1 Bobby Schwartz and Andrew Brophy1

Jack Evans and Michele Seiver2

Jay Kimmitt and Ed Rahal2 Tammie Collins, Andrea Cecchi, and Anne Jacoboski1 28

Sedi and Maximo Flugelman1

Mayra Addison, Tori Lombardo, and Nina Boggs1

Ben and Lori Soto1

Clara Brillembourg and fiancée George Chopivsky1

Dennis Hightower and Beverly Behan2

The grand hall of the museum was decorated with a pop art motif 1

Sarah Cash, Kristen Denner, and Charles Moffett1

Flowers by Jack Lucky2

David and Katherine Bradley1

George and Trish Vradenburg1

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LIFE

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Kay Kendall and Martin Indyk

Carole Feld, Recebecca Fishman, and Robert and Aimee Lehrman

Afghan Amb. Said Tayeb and Shamim Jawad with Dani Levinas

Mirella Levinas and John Mason

WL SPONSORED

THE WASHINGTON BALLET ONCE UPON A BALL Andrew W. Mellon Auditorium PHOTOS BY TONY POWELL

THE EVENT Pink carpets, trumpeteers and ravishingly costumed revellers helped set the fairy tale scene for the Cinderella-themed blacktie gala. THE SCENE Gala chairs Jean-Marie and Raul Fernandez helped gather 500 patrons, making the event the most successful in ballet history.

Occasions Caterers served foie gras, lobster, and a white chocolate dessert in the shape of a carriage. Jack Lucky waved his magic wand over the floral centerpieces of hydrangeas and roses. Company members performed excerpts from Septime Webre’s recent production of “Cinderella,” which got guests in the mood to hit the dance floor until well a er the clock struck twelve. THE GUESTS Mandy and Mary Oursiman, Conrad and Ludmilla Cafritz, Jack Evans, John Firestone, Rachel Pearson, Michelle Maddux, and Ken and Bonnie Feld.

Rhona and Don Friedman

Performers from Cinderella

Andrea Weiswasser and Melissa Moss

Connie Carter, Jack Evans, and Michele Seiver

Simon and Sophia Haddad

Jean-Marie and Raul Fernandez 30

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William Haseltine

Joel Trachtenberg, Bill McSweeney, and Michael Goldstein Rick Kay

Susan Hurley Bennett

Doug and Laura Gansler

David Lawson, Jeong and Cindy Kim, Beth Dozoretz, Mark Ein

Sarah Elder, Lindsay Craig, Lauren Mason, and Hadley Gamble

Luis Moreno, Dorothy McSweeney, and Bill Delphos

Bruce and Sharon Bradley

Jack Davies and Michael Powell

Jonathan Silver and Robert Haft

Jack Luckyâ&#x20AC;&#x2122;s elegant displays of roses and hydrangeas.

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Nina Boggs, Gina Coburn, and Kristin Steinberg

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Batool Al-Shamrani

Diana Negroponte, Jan Smith, and Alma Powell WL SPONSORED

Egypt Ambassador Nabil Fahmy and Nermin Fahmy, Mosaic Foundation Board of Trustees chairman and president

MOSAIC FOUNDATION DINNER National Building Museum PHOTOS BY TONY POWELL

THE EVENT The Mosaic Foundation continued its Year of the Women with the aptly themed “Inspiring Women, Expanding Horizons” 11th annual benefit gala. The foundation’s board, consisting of the spouses of Washington’s Middle Eastern ambassadors, honored their Commi ee of Inspiring Leaders by sharing their compelling stories of compassion, leadership, and sheer tenacity. The evening also celebrated the foundation’s AMIDEAST pilot project, the Entrepreneurship Awareness Program, which equips disadvantaged young women with the skills to succeed in life. THE SCENE The colorful evening heated up with three-time Grammy awardwinning group Ozomatli’s infectious Latin and Middle Eastern rhythms and cooled down with Moroccan tea, sweet deserts, and traditional Arab music.

Lyma Hakki and Jennifer Camel-Toueg

Mona Hamdy and Oman Ambassador Hunaina Al-Mughairy

Lisa Barry and Sen. Ted Stevens

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Rafif Al-Sayed and Debbie Dingell

Salma Al Ghaillani, Naima Besikri, and Ilse Kherbi

WA S H I N G T O N L I F E

Kathleen Doyle and Princess Sarah Zeid

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Leading by Example

By Hamdah Harizi

I

Arab League Ambassador Oman Hunaina Al-Mughairy HussainAmb. Hassouna

Royda Katwa and Sophia Haddad

was greatly honored to be recognized as a member of the Committee of Inspiring Leaders of the Mosaic Foundation. I have had to combat many of the pressures which face women in Arab society, but I have always drawn strength from a strong work ethic, an entrepreneurial spirit, and a calm presence in the workplace. There are many young women in the Arab world today who look for role models in the business world. I hope that when they see me, they see a woman who has worked tirelessly as a striving Arab businesswoman in a male dominated industry. It took hard work and endurance to establish Gourmet House as an international powerhouse in the caviar industry. Now, an openness to new ideas has allowed us to diversify and expand. It is essential that young women in the Arab world keep a similar open mind as they search for success in their careers. There are many opportunities available in our region, but it takes hard work and dedication to bring them to fruition. No matter what challenges appear in our paths, we must never give up.

Mosaic Inspires

By Samia Farouki Rima Al-Sabah, Susan Blumenthal and U.S. Chief of Protocol Nancy Brinker

Huda Farouki and Rim Abboud

Peggo Hodes and Nevine Hassouna with Amr and Leila Moussa

T

he 11th Annual Mosaic Foundation benefit dinner was a reflection of this incredible organization, which was founded by a group of extraordinary women from the Arab diplomatic corps under the helm of Her Royal Highness Princess Haifa AlFaisal of Saudi Arabia. Over the years, the foundation has raised funds for important causes such as establishing essential health care and education programs. It also bridges east and west while showcasing the beauty of Arab arts and culture from music to the divine national dresses worn by the spouses of the Arab ambassadors at the event. Ultimately, Mosaicâ&#x20AC;&#x2122;s success comes from celebrating similarities and differences while leading us to common ground. The women of Mosaic have been instrumental in doing good and allowing the people of the United States to get to know the Arab world on an intimate level in order to foster greater understanding.

Mosaic never ceases to delight us with an inspiring evening that promotes cultural exchange and social change.

LIFE

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John Legend

Ashley Allen and Hayley Gordon Pivato

Archbishop Donald Wuerl

Kyle Kelhofer, Mimi Alemayehou, and Joselyn Neukom

WL SPONSORED

SCHOOL NIGHT Washington Convention Center PHOTOS BY TONY POWELL

Joe Robert and Mayor Adrian Fenty

Sheila Johnson

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THE EVENT Fight For Children’s “Back to School with the Stars” benefit rocked this year thanks to a knock-out performance from Grammy winner John Legend. THE SCENE 800 partygoers received a $100 certificate to the website www.donorschoose.org to support a microfinanced school project – such as buying art supplies for a class room in the District. Three schools: Strong John Thomson Elementary School, E.L. Haynes Public Charter School, and San Miguel School received the $100,000 Fight For Children’s Quality Schools Initiative Award. By the end of the night, over $1.5 million was raised to support Washington schools. THE GUESTS Joe Robert, Jr., Mayor Adrian and Michelle Fenty, Katherine and David Bradley, Jim Kimsey, and Roger and Vicki Sant.

Lori and Ben Soto

Barbara Harrison

Jair Lynch and Susie Kay Carolyn Edenbaum and Jacqueline Wolf

Kurt Newman

WA S H I N G T O N L I F E

David Gregory

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LIFE

of the

PARTY Plácido Domingo and British Amb. Sir Nigel Sheinwald

Debbie and Tim Howard with Dorothy and Ken Woodcock

Barbara Teichert WL EXCLUSIVE

TAMERLANO CAST PARTY Residence of the British Ambassador PHOTOS BY TONY POWELL

THE EVENT The British ambassador’s residence was a fi ing backdrop for the cast and supporters of Tamerlano – a er all, composer George Frideric Handel created his finest works living in London and Tamerlano premiered there in 1724. THE SCENE Sir Nigel Sheinwald and Lady Sheinwald hosted a lavish buffet dinner for the exclusive list of guests, who sang praises of Washington National Opera general director Plácido Domingo and the cast of Handel’s longest Baroque opera under the watchful eye of Andy Warhol’s iconic print of Queen Elizabeth II. THE GUESTS Ina Ginsburg, Kuwaiti Amb. Salem Al-Sabah and Rima Al-Sabah, Lucky Roosevelt, Esther Coopersmith, Dorothy and Ken Woodcock, Elizabeth Lodal, former Mayor Anthony Williams, and Roland Flamini, among others.

Anne Johnson and Mary Mochary

Isabel and Ricardo Ernst with Susie Trees

36

John and Anne Pohanka

Michael Sonnenreich and Artemis McDonald

Tamerlano performers Patricia Bardon and Claudia Huckle

WA S H I N G T O N L I F E

Sarah Coburn with her father Rep. Tom Coburn

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The best of our nationâ&#x20AC;&#x2122;s past inspires everything we

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do today. Stay in gracious accommodations and enter a world shaped by true southern hospitality, from the renowned Williamsburg InnÂŽ to the

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charming Williamsburg Lodge to the authentic

H< 79BHIFM 7 BHIF BHIFM HI H I Play golf on award-winning courses designated as 18th-century lodgings in the Historic Area.

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Audubon sanctuaries. Be challenged with a game of

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fine cuisine. Relax with healing therapies drawn from

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five centuries of wellness practices in our new spa.

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P.O. Box 1776, Williamsburg, VA 23187-1776 ()34/29 s #OLONIAL7ILLIAMSBURG COM Š 4HE #OLONIAL 7ILLIAMSBURG &OUNDATION

LIFE

of the

PARTY Richard Holbrooke1

Mariella Trager and Kara Kennedy1

Italian Amb. Giovanni Castellaneta and Lila Castellaneta1

Michael Trager and Matt Dillon1 WL SPONSORED

REFUGEES INTERNATIONAL 29TH ANNIVERSARY DINNER The Embassy of Italy PHOTOS BY RUSSELL HIRSHON AND TONY POWELL

THE EVENT At this cocktail affair, style was eclipsed only by substance, as actor and humanitarian Mia Farrow – and son Ronan Farrow – were honored with the 2008 McCall-Pierpaoli Humanitarian Award. Michael and Mariella Trager chaired the event.

THE GUESTS Sam Waterston, Ma Dillon, Sen. Ted Kennedy, Sen. Gordon Smith, Omar and Nadia Kathwari, Luca and Mariachiara Ferrari, Moroccan Amb. Aziz Mekouar, Afghani Amb. Shamim Jawad and Said Jawad, Robert and Elena Allbri on, Reuben and Robin Jeffery, Chris and Kathleen Ma hews, Sarah Nixon, Sissy Yates, Linda and John Donovan, Cristina Burelli, and Be y King.

Mexican Amb. Arturo Sarukhan and wifeShields-West Veronica and Robin West2 Eileen

Ashley Taylor and Sam Waterston1 Farooq Kathwari and Sen. Joe Lieberman1

Sen. Ted Kennedy, Mia Farrow, and Ronan Farrow1

Ken Bacon 1

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Jim Kimsey and Vicki Sant 1

Princess Yasmine and Prince Reza Pahlavi2

Adriana Gluski and Cynthia Howar2

WA S H I N G T O N L I F E

Mexican Amb. Arturo Sarukhan and wife Veronica1

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Le to right: A village in Darfur in be er times; “Janjaweed,” or “devils on horseback”; The girl on the right has not made a sound since the day her parents were slaughtered and her village burned; Janjaweed on the move; 80-90 percent of Darfur’s villages have been burnt or bombed; (Photos and captions courtesy of MiaFarrow.org)

Never Again Five years into the conflict, refugees in Darfur still live in subhuman conditions.

The U.S. and the United Nations must take the lead to create a lasting peace

BY MIA FARROW

R

ecently, I returned from my eighth trip to the Darfur region.

Incomprehensibly, five years have passed since the Government of Sudan and its proxy killers, the Arab militia known as Jajanweed, launched their campaign of destruction upon the non-Arab population of Darfur. Only the perpetrators dispute that hundreds of thousands of innocent men, women, and children have died. And the dying continues.

In a typical Darfur village circa 2004, a landscape of mature fruit trees and walled gardens typified the agriculturally-sustained lifestyle of the region’s people. Today, 80-90 percent of these same villages are reduced to ashes. 2.5 million human beings were forced to flee their homes into camps such as Kalma Camp, where no trees nor grass have survived the relentless attacks on the 90,000 people living there. Of these inhabitants, women and children are in the majority.They survive on sorghum donated by the United Nations World Food Programme, a grain which requires more than two hours of cooking over an open fire to be palatable. As such, firewood has become de facto camp currency, and often necessitates a 20-mile walk to obtain, as the camp’s surrounding land is stripped bare of trees.

During this walk, the women are exposed to rape, mutilation, abduction, and murder; a man, were he to venture forth, would surely be killed outright.

WA S H I N G T O N L I F E

Mia Farrow with her son, Ronan. (Photo by Tony Powell)

Under these desperate circumstances, the camps have become cauldrons of rage and despair. Five years without access to adequate water and food rations, basic medical care, education, and hope have taken their toll. Even humanitarian work has suffered in some of the camps; in December, Oxfam’s director in Sudan said that his staff were being targeted on a daily basis. On the Darfur border, the head of Save the Children in Chad was shot, point-blank, in the head. The people of Darfur continue to be slaughtered and to

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die of disease and hunger. These are the victims of our indifference.

What is required now, and to prevent future genocides, is the will of the international community to accept its “Responsibility to Protect” defenseless civilans – a responsibility accepted by the United Nations in 2005, but whose words ultimately were proved to be as hollow as “never again.”

The U.S. government should make Darfur a genuinely first-tier issue. We need high-level, sustained engagement to pursue a peace process with all relevant parties at the table – one that is deemed to be just by Darfur’s people.

We look at Rwanda and despair at our abysmal failure to act. When the history of this terrible episode in human destruction is written, will we have any less reason to despair? Our country, the United Nations and all the nations of the world failed the people of Rwanda, and we are failing the people of Darfur – collectively and individually, we have failed them and we are failing them – even as we utterly fail our most essential human selves.

As Elie Wiesel wrote, “The victims [of the Holocaust] perished not only because of the killers, but also because of the apathy of the bystanders.What astonished us after the torment, after the tempest, was not that so many killers killed so many victims, but that so few cared about us at all.” This is a defining moment for each of us.

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“A buzzed about event that attracts filmmakers and media coverage from around the globe.” © 2008 DCL

-The Washington Post

Think for yourself JUNE 16-23 AFI/DISCOVERY CHANNEL DOCUMENTARY FESTIVAL SILVERDOCS.COM

BE THE FIRST TO SEE THE BEST DOCUMENTARY FILMS OF 2008. BUY A PLATINUM PASS! Ticketless entry for two to all regular screenings, plus access to galas and VIP receptions PROGRAM AND PASS INFO AT SILVERDOCS.COM

2008

POLLYWOOD

The Nexus of Politics﹐ Hollywood﹐ Media﹐ and Diplomacy | Kennedy Center Spring Gala and the White House Correspondents’ Assoc. Dinner

Stephen and Christine Schwarzman with Katie Holmes and Tom Cruise, and Steven Spielberg back stage before the National Symphony Orchestra’s performance at the Kennedy Center Spring gala. (Photo by Carol Pratt)

WA S H I N G T O N L I F E

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POLLYWOOD | KENNEDY CENTER SPRING GALA Billy Taylor

George and Elizabeth Stevens

Leonard Slatkin and Martin Scorsese (Photo by Carol Pra )

Erika Gutierrez with her father Carlos Gutierrez

KENNEDY CENTER SPRING GALA The John F. Kennedy Center for the Performing Arts PHOTOS BY TONY POWELL

THE EVENT The star power factor was enhanced by the super

Bernard and Sarah Gewirz

Carrie and Angie Marriott

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protected presence this year of Tom Cruise and Katie Holmes, who came to support close friend Steven Spielberg as he cohosted “The Art of Film Music” along with fellow directing legend Martin Scorsese. Spielberg’s longtime musical cohort, composer and 2004 Kennedy Center Honoree John Williams, helmed the National Symphony Orchestra as it performed film scores from ET, Jaws, Indiana Jones and the Last Crusade, Dr. Zhivago, Lawrence of Arabia and The Bridge on the River Kwai, among others, as clips of the films played on a screen behind them. THE SCENE The pre-concert reception on the elegant River Terrace featured sunshine, clear blue skies and gorgeous spring gowns. Dinner in the Atrium featured fashion courtesy of Neiman Marcus, including the sparkling Escada dress Katherine Heigl wore at the 2006 Emmy Awards.

Luis Alberto Moreno

Judge Paul and Liz Friedman with Anthony Blinken

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Michael Kaiser and Stephen Schwarzman

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Tracy and Adam Bernstein

Maxine Isaacs and James Johnson

Rhonda Wilkins, Suzy Pence, Angela McGlowan, and Susan Allen

Joseph Ferguson and Anthony Welters

Dick Marriott

Karl and Stevie Eller with Albert Small

Steve Wynn, David Rubenstein, Allen Zeman, and Bob Barnett Escada dress worn by Katherine Heigl at the 2006 Emmy Awards, courtesy of Neiman Marcus.

Bill Brock

Mel and Suellen Estrin

Sen. Patrick and Marcelle Leahy with Dorothy and Bill McSweeny

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POLLYWOOD | HOLLYWOOD ON THE POTOMAC

MEDIA PROM NIGHT INSIDE THE WHITE HOUSE CORRESPONDENTS’ ASSOCIATION DINNER WEEKEND WITH JANET DONOVAN

Mum’s the word Presidential hopeful John McCain should credit his

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Rosario Dawson

mother Roberta for his “Straight Talk Express.”

The sprightly 96 year old dowager was the center of gravity at the People magazine party at Park at Fourteenth on Friday night with her also straight talking granddaughter Meghan, who recently exposed “Nana” in a GQ interview as a fast driver who “got pulled over for doing 112 in Flagstaff about a year ago.” Their entourage included Meghan’s bloggettes and a dogette belonging to Animal Fair Magazine editor Wendy Diamond. Managing Editor Larry Hacke and Washington Correspondent Sandra Sobieraj Westfell hosted 200 guests including C-SPAN’s Steve Scully, Meet the Press Executive Producer Betsy Fisher,TV personality Rita Cosby, CNN’s Edie Emery, radio VP Chris Berry and reporters who were advised:“Observational reporting only is permitted inside.” Translation: Photographers missed a photo op, lots of barbecued salmon and a year’s supply of whatever makes you look good.

Casting call If the sun rises in the East, it’s a good bet that Tammy Haddad and her husband Ted Greenberg do too. If you missed their annual garden brunch on Saturday, you might as well go back to Wichita because a who’s who of Washington was there. Co-hosts David Adler, Hilary Rosen, Alex Castellanos, Debbie Dingell, Kathryn Leyman, and Beth Viola greeted guests, who arrived in mostly preppy-style garb. Whoever designed khaki pants and blue blazers is having a great laugh at the expense of Washingtonians, who in turn were grateful for the Brooks Brothers gift certificate in their People goody bag.

Results from a guest presidential prediction quiz later confirmed that despite the truly politically balanced attendees, Obama’s the one – much to the chagrin of Terry McAuliffe, an ardent Hillary supporter. The afternoon reality show was enhanced by the presence of Dennis

Hof of Nevada’s Bunny Ranch fame who left Hardball host Chris Ma hews virtually speechless

– no easy feat. Whether he stayed too long at the party or came that way, sun baked Florida Governor Charlie Crist was a study in contrast when paired with porcelain beauty Morgan Fairchild for a photo op. Taking it all in: Greta van Susteren, Andrea Mitchell, Alan Greenspan, Mark Penn, Tucker Carlson, Michael Chertoff, Tracey Ullman, Rosario Dawson, Bob Barne , Tim Russert, and David Gregory.

The big enchilada We’re fairly certain that no one missed last year’s fatal attraction; ousted American Idol hopeful Sanjaya. This year’s most watched celebrities at the mian event on Saturday night was a toss up between Pamela Anderson and The Jonas Brothers. Donatella Versace was a close third, assuming Dennis Hof didn’t make it in.

Larry King and CNN President Jonathan Klein

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PH OTO GRA PH S BY TO NY POWE L L

Invitation non-transferable The art of groveling is at its finest during festivities surrounding the annual White House Correspondents’ Association Dinner: This year was no exception. The weekend party marathon got an extra play day this year, compliments of the Creative Coalition, whose intimate gathering on Thursday night at Ceviche Wine Bar crammed guests and celebrities into a space closerthanthis. No one seemed to mind though, considering the ratio of guests to celebrities.

In town for Arts Advocacy Day, executive director Robin Bronk arrived with her entourage, including the talented Dalys: Tim (of Grey’s Anatomy) and sister Tyne (of Judging Amy). No one seemed to mind being closerthanthis to CSI’s Lauren Holly. Space sharing: MPAA’s Dan Glickman, Richard Schiff of The West Wing, CQ Publisher Keith White, Tommy Quinn, Connie Bri on of The Brothers McMullen, Wendie Malick of Just Shoot Me and Tim Blake Nelson of Syriana.

Will.I.Am and Colin Powell

Aaron Eckhart and Martha Stewart Ron Silver and Patricia DuďŹ&#x20AC;

Swedish Amb. Jonas Hafstrom

Ashlee Simpson

PRE-PARTIES AND RED CARPET Washington Hilton P H OTO S BY TO N Y P OW E L L

Pamela Anderson

Sarah Kammerer and Steve Scully

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Lauren Conrad

Madeleine Albright, Henry Kissinger, and Ben Bradlee

Marcia Cross

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Jim Kimsey and Morgan Fairchild

Russ Ramsey, Katherine Bradley, Norma Ramsey, and David Bradley

Donatella Versace and Rupert Everett

Donald Graham and his sister Lally Weymouth

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Darryl Judy, Penny Lee, and Brian Wolff

WASHINGTON’S OSCARS NOT PROM

Dina Habib Powell, Autumn Vandehei, Amy Little, and David Gregory

TAMMY HADDAD’S BRUNCH

BY TA MMY H A D DA D P RE S I D E NT H A D DA D ME D I A

Ronald Reagan called the White House Correspondents Dinner Washington’s “Spring Prom.” It may seem heretical to disagree with one of America’s favorite presidents, but I think Reagan would nod and smile at my description: “Washington’s Oscars.” Like Hollywood’s hottest night, Washington’s powerful are forced to parade unrehearsed in front of the world (via C-SPAN and Access Hollywood) with the very 5,000 people with whom they compete or cajole every other day of the year. No one at either event has to worry about getting the best table, best date, or biggest headline.

On this one night, a corner of the veil is lifted as we watch senators,TV anchors, and even the CIA director, waiting in line for the dine and stargaze.

What fun to see General Colin Powell and Martha Stewart’s intimate laughter and whispers on the red carpet this year. How about watching Washington’s most important moms lunge towards ’ tween sensations, The Jonas Brothers and then GQ cover boy Eric Dane?

Bloomberg asked me to host a table with actress/activist Pamela Anderson and reality TV’s biggest star, Lauren Conrad. Anderson gets the Hillary Clinton award for pure stamina and lobbying prowess for posing for countless photos. Her PETA partner, Dan Ma hews, handsome in a Civil War style tux, never missed a name as the powerful crowded in. I’ll admit to trying to pocket some chits with House Majority Leader Steny Hoyer, offering an introduction in exchange for his promise to come on every TV show I produce. Conrad gets the gracious award for listening non-stop analysis of why her The Hills cast mates Heidi and Spencer follow her everywhere (including this dinner).At the Bloomberg after party Anderson summed the night up best, saying,“I think everyone here has ulterior motives. It’s a room full of hidden agendas.” See ya next year!

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Betsy Myers and Beth Dozoretz

The Haddad Residence

Doug Wilson and Lynn Wasserman

P H OTO S BY TO N Y P OW E L L

Rita Cosby and Pat Buchanan

Capricia Marshall, Greta Van Susteren, and Betsy Fischer

Florida Gov. Charlie Crist with Meryl and Michael Chertoff, Ted Greenberg, and Sen. Bob bennett

Christina Sevilla and Michael Isikoff

The red carpet shuttled in a portfolio of most likely never to be seen at the same function – actress Jenny McCarthy, Commerce Secretary Carlos Gutierrez, gossip blogger Perez Hilton, CIA Director Michael Hayden, Ashlee Simpson, Henry Kissinger, Olivia Wilde, Marcia Cross, Rob Lowe (under nanny scrutiny), and very much alive Salman Rushdie. It wasn’t until over-activated exercise guru Denise Austin did push ups that you knew you were in for a bizarre evening.Gawkers littered the pre-dinner path between The National Journal and Newsweek parties before moving into the ballroom where the love-hate relationship between President George W. Bush and the media began.

Ann Stock, Tammy Haddad and Tracey Ullman

WHCA president Ann Compton thanked comedian Craig Ferguson, host of CBS’s Late Late Show for taking on the toughest gig in Washington. First up was President Bush:“Please excuse me if I’m a little sleepy. At 3 a.m. the phone rang – it was the wedding planner.

“You know, this is a small world. Craig was in a band called ‘Bastards from Hell,’ which is what Dick and I were going to call our band.”As for the absent presidential candidates, Bush joked:“Senator Clinton couldn’t get into the building because of sniper fire, and Senator Obama’s at church.”

“When asked to host I was told it’s a crowd full of angry men, and disappointed men and

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Dennis Hof Liya Kebede

Carol Rome and Gov. Charlie Crist

Rep. Debbie Wasserman Schultz The Jonas Brothers

BLOOMBERG AFTER PARTY

BY B R ET BAIER C H IEF WH IT E H OUSE COR R ESP OND ENT FOX NEWS

Embassy of Costa Rica P H O T O S B Y T O N Y P O W E L L

Cheryl Tiegs and Bob Nixon Jeff Koons

Joel McHale

Costa Rican Amb. Tomás Dueñas and his wife Diana Chavarría

women, and surly drunks, and I’m thinkin’ this is perfect; it’s like a family reunion. I’ll do it.” joked Ferguson, continuing, “I hear the New York Times didn’t buy a table because they feel this event undercuts the credibility of the press – I thought that Jason Blair and Judy Miller took care of that. What did I say, did I go too far? Let me try it again. Shut the hell up New York Times, you sanctimonious whining jerks.” happily ever after The after parties would have been better served by flood control. Even invited guests didn’t get into the rain-drenched Bloomberg party at

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Padma Lakshmi

Miss USA 2008 Crystle Stewart

the Embassy of Costa Rica. Its transformation into a hip night club with free flowing vodka, staffed by flight attendants and laden with celebrities made up for the wait though. Getting in: actor Isaiah Whitlock, Jr., Soup Kitchen’s Joel McHale, Rupert Evere , Colin Firth, Leonard and Evelyn Lauder, Charlie Rose and the omnipresent McCain duo.

Guests shuttled from one shindig to another while the smart ones went straight to the Vanity Fair party hosted by Christopher Hitchens and wife Carol Blue at their Kalorama penthouse apartment. Little Hollywood chatter here; few plunging necklines; few Jagger lips;

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CULTURES AND CONVERSATION

When I walked into the Washington Hilton, I knew this was going to be quite an evening.

I walked down the red carpet not far behind Pam Anderson. Shockingly, no one looked my way. My first stop was the National Journal party for a cocktail and then Newsweek’s bash in the outside reception area. After a great chat with the chairman of the Joint Chiefs of Staff,Admiral Mike Mullen, about the situation in Iraq – I noticed a big commotion to our right.There was a scrum of photographers around Lauren Conrad from The Hills. I am pretty confident Admiral Mullen had no clue who she was – I know I didn’t – nor did I know The Hills were “so alive” in Washington circles. I then spotted Geoff Hoon – a member of the British Parliament and a member of Prime Minister Gordon Brown’s cabinet – who I knew from my years at the Pentagon when Hoon was British defense minister.We talked about the U.S. election and the Brits’ take on it, and then about this night – he turned to me smiling and said,“It’s a fascinating mix of cultures, isn’t it?”

At dinner, our table happened to be next to where Jennifer Gardner and her husband, Ben Affleck, were sitting.There was a constant stream of picture takers and rubber-neckers. Even people who pretended they were just coming to say hi really were looking at Ben and Jen (who were chatting with Army Chief of Staff General George Casey). At the table to our left, former Secretary of State Colin Powell was chatting with Jenny McCarthy, all while President Bush looked on 15 feet away. I joked with Bill Hemmer and Megyn Kelly that it all seemed a bit surreal. All I know, after a little post party hopping in the pouring rain, Washington tries awfully hard to “bring it” on this night … and my sixth White House Correspondents’ Dinner didn’t disappoint.

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A PRESIDENTIAL SWAN SONG

Christina and John McLaughlin

Rosario Dawson and Maria Theresa Peterson

Jim Nicholson, Bill Press, and David Korn

MCLAUGHLIN BRUNCH

BY A NN CO MPTO N W H I TE H O U S E CO RRE S P O ND E NT A BC NEWS A N D P R E S I D E NT O F TH E W H I TE H O U S E CO R R E S P O ND E NTS’ A S S O C I ATI O N

The Hay Adams Roof

Secrets in Washington are notoriously hard to keep. The night of this year’s White House Correspondents’ dinner, we found ourselves with 41 secrets to keep for the President of the United States backstage. George Bush had already surprised the audience over the years with candid family snapshots, a stunt double, and at the dawn of his second term, he even let Laura Bush nudge him out of the spotlight to declare she was a “Desperate Housewife.”

For his final evening with us he wanted to fulfill a two-term dream, and surprise Washington again.

We knew something was afoot when White House advance teams carted in a small lectern instead of the traditional bulletproof presidential podium.

After the presentation of colors by a military honor guard, I turned onstage to thank the musicians, but they didn’t leave. The stage curtains closed around them, and our executive director, Julia Whiston, who never misses a trick, hustled them into a nearby reception room where she whistled up sandwiches for the band from room service.

The secret was out a few minutes after President Bush began his after dinner remarks.A White House audio-visual team suddenly yanked his lectern away.

Bush turned his back to the astonished audience, and the gold curtains parted. There stood the United States Marine Band. With baton in hand, the President conducted a rousing rendition of “The Stars and Stripes Forever.”And a tiny hidden camera backstage zoomed in on the president’s face as he playfully coaxed a little more trill from the flutes, a bigger rumble from the percussion. The images lighted up giant screens in the ballroom as the audience clapped in time to the music.

The Marine Band has been known through history as “The President’s Own” and for this one night, the President himself took command.

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P H OTO S BY K Y L E SA M P E RTO N

Doug Wilder, Kelli Goff, and Clarence Page

Adam Falkoff

Danish Amb. Friis Arne Peterson and Brigette Wilhelm

Susan Hurley

Blair and Dudley Spotswood

just Washington at it’s best, debating world issues. Intellects included British Amb. Sir Nigel Sheinwald, American University’s Jamie Raskin, Mother Jones’ David Corn, Newsweek’s Michael Isikoff, Richard Gere, author Michael Beschloss, and tax guy Grover Norquist. Tim Daly, although impressed by Hitchens’ book collection, concluded according to The Reliable Source that the weekend is, “Not so different from all those Hollywood bashes. For me, it’s like, ‘Same zoo, different animals.’”

The morning after Whoever invented the Bloody Mary deserves

Patrick Gavin and Jackie Kucinich

a medal. In between mini-crab cakes, an omelet bar and croissants, Cristina and John McLaughlin entertained guests lavishly with a Sunday brunch on the rooftop of The Hay Adams. It was a relief for the no-doz crowd who at that point wanted to be “home again” with their political and media cronies.

Walter Isaacson, John McCaslin, Ron Silver, Pat Buchanan, Felicia Taylor, Laurence O’Donnell , Clarence Thomas , Rosario Dawson, Eleanor Cliff, and Tony Blankley all had a great view of the White House and least they forget, the White House had a great view of them. Bye-bye.

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POLLYWOOD | TRIBECA FILM FESTIVAL

TRIBECA TRIPLE PLAY FILMS BY WASHINGTONIANS WON ACCOLADES – AND AWARDS – AT THE PRESTIGIOUS TRIBECA FILM FESTIVAL

F

ounded in 2001 to help revitalize lower Manhattan following 9-11, the Tribeca Film Festival today ranks among the world’s most prestigious festivals, with a reputation for launching hot new talent and tackling controversial subjects.This year,Washington filmmakers came out for premieres, parties, and, for the very first time, on the awards podium. Native sons Tom and Paul Hardart celebrated the opening of the historical drama they co-produced, Before the Rains, at the hip downtown eatery One Oak, where members of the cast were joined by a number of Hardart cousins and The Daily Show’s newest correspondent, Aasif Mandvi. Drink of choice? The Cham-Bull, a potent mix of champagne and Red Bull.

Later that night, Katie Couric and designer Kay Unger were among the VIP guests at Craftsteak restaurant for a surprise party for CEO and film producer Sheila Johnson, whose latest project, A Powerful Noise, premiered at the festival. Johnson is an outspoken advocate on issues of global poverty and women’s rights and serves as an ambassador for the international aid organization

Producer Kar im winning docum Chrobog and star Emmanue entary, War C l Jal at the prem hild iere

of their award-

Mark Burton and Tom Hardart

CARE, which hosted the event, Michael Connors Paul Hardart, Tracie Hardart, and and whose representatives helped to facilitate the location filming of A Powerful Noise. The following day Johnson was joined at the film’s official premiere by fellow CARE Ambassador Christy Turlington Burns and her husband, actor Ed Burns, and by CARE’s CEO, Dr. Helene Gayle. Following the screening, guests were invited to an after-party at the recently completed Sheila C. Johnson Design Center at Parsons School of Design.

One of the most coveted prizes at any film festival is the audience choice award, and the Tribeca 2008 Cadillac Award, The Audience Choice for Best Feature Film, went to Washingtonian producer/director Karim Chrobog, who’s moving documentary, War Child, chronicles the unlikely journey of Sudanese singer/rapper Emmanuel Jal from child soldier to internationally acclaimed recording artist. Jal’s third album, Ceasefire, will be released in the U.S. later this year.

C.A.R.E DINNER FOR SHEILA JOHNSON Cra steak, New York City PHOTOGRAPHS BY DANA CHARETTE

Madame Urbain

Kay Unger and Abbie Cutter

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Tom Cappello and Jen Fineran

Sheila Johnson, William Newman, Katie Couric, and Helene Gayle

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A POWERFUL STORY – ONE WOMAN’S VIEW

Sandy Ain, Carmen Taveras Cruz, and Myriam Ain

BY C H R IST Y T UR LINGTON B UR NS CAR E AM BASSAD OR

S

A POWERFUL NOISE Parsons School of Design, New York City PHOTOGRAPHS BY CHRIS EASTLAND

Sheila Johnson and Christy Turlington Burns

Mary Jo Meyers and Leslie Hayes Ken Hyle with Susan and Dale Weingram

Sandra Stern and Annie Totah Stuart Haney and Giardy Ritz

Donna Karan

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Jennifer McGuire Isham

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heila Johnson’s film, A Powerful Noise, stands witness to the lives of three remarkable, and yes, powerful women. The film weaves together compelling stories of three women each of whom has, in her own way, overcome a myriad of obstacles to mobilize her community and improve the quality of life in her own small corner of the world.

The film serves as a mirror reflecting just three of the innumerable success stories made possible through the work of organizations like CARE.These reflections are triumphs of courage and spirit that few have the privilege of seeing first hand.

Hahn is a Vietnamese woman who carries the HIV virus. She is a 37 year-old widow who has lost both her husband and her daughter to AIDS, who has chosen to come to terms with her pain and her loss by supporting others as they attempt to live – and in some cases die – with dignity.

Nada is a Bosnian woman who has lost her husband in the civil war with the Serbs. With her village in ruins and a vast number of the local men having died in battle, she has championed a farm coop that is generating vital revenue for her people, while at the same time uniting many one-time mortal enemies.

Finally, Madame Urbain is a larger-thanlife woman from Mali, a desperately poor subSaharan country in Africa. She has started a small organization that protects the rights of young women who have migrated to the city to find work, often as domestic workers, and who are subject to abuses of every kind. This is the only option for young women without a basic education, yet it offers no security, no future, and often, no hope.

Madame Urbain believes the only way to break Mali’s cycle of poverty is to educate its children, and she spends her days preaching to parents about the need to send young people to school.

One last thought: the cinematography in A Powerful Noise is beautiful, and if you’re not careful you might get caught up in the beauty of each country and lose sight of just how remarkable – and powerful – these three amazing women really are.

Hopefully, however, viewers will take away from these incredible women not only the spirit of taking action but also the notion that as a global community, just a little support can go quite a distance.

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POLLYWOOD | DIPLOMATIC DANCE

“Wealth” in Different Lands Definitions of affluence differ; but red, white, and blue is a charmer

BY GAIL SCOTT

G

ross national product, per capita income, oil reserves, and adequate water and food divide the world into “wealthy” and “poor.” Yes, America still has the most billionaires, but to many people, especially those outside the U.S., personal wealth – meaning currency and property – isn’t the only way to measure “wealth.” Some would rather have a royal title and less money. Others cherish their quality of life – in that category, Irish, Swiss, and Norwegians rank highest, but the U.S. is only 13th, just above Canada. Andorra, a tiny country in the Pyrenees, has the longest life expectancy at 83.5 years, with Japan, Macau, San Marino and Singapore close behind.

The Dutch have the shortest work week, and Singapore boasts of its “human” capital.

DO YOU KNOW

EMBASSY ROW? Many ambassadors keep up their stamina for this non-stop posting by staying in shape. When they can squeeze in time for sports, this is what they love to do.

• Qualified marathon runners include the ambassadors from Slovenia and the Dominican Republic.

• Envoys from Denmark, Russia, Sweden and Ecuador don’t like a day without tennis.

• Those hailing from Morocco,Iraq, Belgium, South Africa, Switzerland, and Liechtenstein are golfers.

• The ambassador of Mexico and his wife are expert scuba divers.

• Japan’s departing ambassador, an avid baseball fan, is his country’s new National Baseball Commissioner.

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Amsterdam’s the number one Internet hub, but Switzerland has the most computers per person. Do cell-phones make you feel rich and well-connected? The combined 27 nations of the European Union boast 466,000,000 cell phones but China is only five million behind at 461,100,000. The number one environmentally friendly nation is Finland followed by Norway, Uruguay, Sweden, Iceland, Canada and Switzerland. Iceland and Norway take turns being ranked the most peaceful nation. Canada has 40 percent of the world’s water and Uganda has the highest air quality. Australia is the sunniest country in the world but Ethiopia boasts “Thirteen months of sunshine!” – theirs is a 13month calendar.

The 178-nation “Happy Planet Index” lists the South Pacific island of Vanuatu as the happiest nation, while the U.K. is ranked 108th.

The index is based on consumption levels, life expectancy and happiness; rather than the usual national economic wealth measurements. Sweden boasts a Ministry for Integration and Gender Equality, an important focus for minorities and women. Luxembourg may have the highest per capita income but Saudi Arabia has the most oil.

Diamonds your best friend? Australia’s for you, but South Africa has the most gold and Sri Lanka has lots of gems.

Dream about being alone? The lowest population density is found in Greenland (part of Denmark), the Falkland Islands (UK),Western Sahara and Mongolia. Want to be married?

Head to Cyprus, but beware – Aruba has the highest divorce rate! The Economist’s “Big Mac” index of purchasing power indicates you can feel very wealthy in China where the famous cheeseburgers costs less than $1.50, but poor in Iceland where the same burgers costs $7.50.

If beauty is in the eye of the beholder, perhaps the concept of “wealth” is something that varies not only from person to person but country to

Former American Ambassador to the Netherlands Howard Wilkins and his wife Rhonda celebrate “America’s longest uninterrupted ally” at the 13th Annual NetherlandAmerica Foundation Awards Dinner by wearing the Dutch national colors. (Photo by Kyle Samperton for The NAF)

country. I’m still looking for the most hammocks and sailboats!

TRI-COLORS RULE More countries (30) have red, white and blue flags than any other color combination.Whether you think Betsy Ross copied the Union Jack or not, it’s curious that our old arch-enemy (the Soviet Union), now Russia, has almost the same flag as France, with color bars in different directions. Although the Dutch love orange (Prince William of Orange successfully fought the Spaniards from 1567-79), their flag is still, you guessed it – red, white and blue, as are the flags of Australia, New Zealand, the Dominican Republic, Iceland, Norway, Czech Republic, Croatia, Laos, Cambodia, Slovenia, Slovakia, Costa Rica, Thailand, Samoa, Chile, Panama, Nepal… and even North Korea and Cuba!

Readers wishing to get in touch with Gail can email: columns@washingtonlife.com.

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SPECIAL FEATURE | THE WEALTH LIST

WL’S

WEALTH

Who has it? ...

Left to right: Huda and Samia Farouki, Norma Gewirz Klein Tiefel, Colin Powell, and Arthur Arundel.

F

inancial experts estimate that more than 2,000 high net-worth individuals ($25 to $200 million) reside in the Washington, D.C. metropolitan area.

We’ve got old money descendants of 19th century industrialists, new money made in real estate and the financial sector, and all the technology gurus, who have made more money (and faster) than anyone in American history.

The economy might not be as bullish as investors would like these days, but the simple fact that we could not even begin to include every single person on this list (see the June 2007 issue for those with $200 million to $10 billion-plus) testifies to the financial acumen of the region’s residents. One thing many of them share – besides money – is a dedication to philanthropy, noblesse oblige being the American way.The whirlwind of charity events bears witness to the deep pockets and varied interests of the men and women listed below.“We can tell our values by looking at our checkbook stubs,” feminist icon Gloria Steinem once said; we’d be hard pressed to think of a better way to view personal worth, or one that better embodies the spirit of Washington’s wealthier residents...

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PART TWO

LI$T

In the second of a two-part series examining the state of wealth and philantrophy in the greater metro Washington area,WL and its team of researchers and writers turn their atttention on individuals with a net worth between $25 million and $200 billion ... Where did you land?

And who gives it away?

Left to right: Norman Dreyfuss, Betty Brown Casey, F. Davis Camalier, and Stuart and Wilma Bernstein.

$100-$200 MILLION PETER ACKERMAN When Peter Ackerman became managing director of the energy, materials and process industries venture capital firm Rockport Capital, Inc., his fortune was made. However, it’s his status as a scholar (he has a Ph.D. from the Fletcher School of Law and Diplomacy at Tufts University) that qualifies him to talk the talk. Ackerman chairs the boards of The Fletcher School and Freedom House and is the founding chair of the International Center on Nonviolent Conflict.

ARTHUR W NICK ARUNDEL Some tycoons collect baseball teams or wives.

Not Nick Arundel – he collects newspapers.

After earning an early fortune from a PepsiCola bottling plant and the sale of WAVA radio, he started in the print business. He’s the chairman and publisher of Times Community Newspapers, an umbrella that keeps the rain

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off the Fauquier Citizen and Culpeper Citizen, plus 16 other NoVa papers. Arundel turned the computerized presses over to son Peter, and son John brought back the Alexandria Times after acquiring it from his family.

The Arundels started the Great Meadow Foundation, which has housed community activities, including the Virginia Gold Cup, since 1982. They also donated the Arundel Family Library at the Potomac School and an emergency wing to Fauquier Hospital.

in 2007. Equally charitable, Howard Bender and wife, Sondra, have left their mark through contributions to the Jewish Community Center of Greater Washington’s Bender-Dosik Parenting Center, and the Bender Arena and Library at American University. The family has contributed more than $1 million to the Holocaust Museum.

HOWARD BENDER AND MORTON BENDER

ANNE CAMALIER CHARLES A CAMALIER III F DAVIS CAMALIER GREGORY CAMALIER F DAVIS CAMALIER LISA CAMALIER AND DEBORAH CAMALIER

Blake Construction Company was started by David Bender and then taken over by his three sons: Howard, Morton, Stanley (who sadly passed away earlier this year).They built many major real estate landmarks: to name a few, the Walter J. Reed Army Medical Center, the J. Edgar Hoover Building, and several metro stations. Morton and his wife Grace gave $5 million to George Washington University

These fifth-generation Washingtonians originally made their family fortune with the venerable leather good and gift specialty store Camalier & Buckley, but in recent generations the family has focused their interests in real estate. Long-time possessors of a prime wedge of undeveloped land inside the Beltway, the Camaliers are notably wary of making hasty development decisions – and,

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as such, they have added to their inheritance.

The Camaliers are staunch supporters of local educational institutions (Holton Arms and the Lab School) and causes related to the Roman Catholic Church.

BETTY BROWN CASEY Maryland developer Eugene B. Casey was such a skinflint (or conservation minded) that he was known to turn off the office Coke machine at night to save money. His widow, Betty Brown Casey, has used his millions to endow numerous causes - chief among them the Washington National Opera. In 1996, Mrs Casey bought the old Woodward & Lothrop building downtown for $18 million with plans to turn it into a grand new home for the company. When the opera elected to stay at the Kennedy Center instead, the benefactress promptly sold the site to developer Douglas Jemal for a whopping $28.2 million and then turned the proceeds over to the opera’s

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SPECIAL FEATURE | THE WEALTH LIST

endowment fund. That – plus additional contributions over the years – has earned her the unprecedented title of lifetime chairman.

As head of the Eugene B. Casey Foundation, Mrs. Casey directs donations to dozens of causes each year, mostly area hospitals, hospices, schools, and colleges. Although her civic-minded dream to completely finance an official residence on Foxhall Road NW for Washington’s mayors fell through a few years back, her environmentalist causes, including $50 million to plant trees, help ensure her place in the pantheon of American philanthropists.

GIUSEPPE CECCHI Rumored to be a financial advisor to the Vatican when he left Milan for western shores, the then-29-year-old Cecchi’s mission was of a more secular – and spectacular – nature.

The year was 1960, and he was working on financing the soon-to-be-infamous historical landmark The Watergate. Fast forward to 1975, when he leveraged this success into his own company with co-founder and friend Mike Erkiletian.Appropriately named International Developers, as he started it with a group of Swiss and Italian investors, ID Group Cos. was a smashing success, as was his development of Lansdowne’s Leisure World. He gives generously to the Capital Children’s Museum, the Signature Theatre, and other causes.

JAMES DONOHOE III If you’ve stayed at a local inn, parked at a Metro station, sent a child to an area school or a relative to a retirement community, you’ve probably admired one of his projects.

Like Cafritz, the name Donohoe is a topdrawer Washington brand in terms of history and high-rises.This District dynasty has been breaking ground here for four generations.

Donohoe recently branched into the residential realm in a $35 million dollar, 19-story apartment building at the Virginia Square Metro.

NORMAN DREYFUSS Dreyfuss’ International Developers, Inc. is a major force behind active adult retirement communities called Leisure World that are springing up in the Maryland and Virginia area. He recently made headlines with the success of his newest film La Misma Luna (Under the Same Moon). Dreyfuss paid nearly half of the film’s totals cost (which is estimated to be in the seven-figure range) and sold the movie to Fox Searchlight Films for $5 million after a successful premier at Sundance had buyers knocking on his hotel room door with offers.

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LOUISA DU PONT DUEMLING Historically, the du Ponts played an explosive role in the brave new world dominated by gunpowder; today, the world’s second largest chemical company is better known for introducing consumers to a brave new waistline, thanks to Lycra and Nylon. E.I. du Pont’s descendants have never lacked for anything, and Louisa du Pont Duemling, the daughter of Lammot du Pont Copeland, the company president in the ’60s, is no exception. She holds oodles of DuPont stock shares and keeps busy with various foundation boards. Duemling supports the Corcoran, the National Gallery of Art, and the National Building Museum.

HUDA FAROUKI Farouki is a Jordanian-American who founded Nour, a collaborative “arrangement” involving a Farouki family company, HAIFinance Corp., and a Jordanian venture called the Munir Sukhtian Group. In 2004, even bigger bucks started rolling in when Farouki received a big government contract for work in Iraq; hardly astonishing, as he is a pal of Ahmed Chalabi’s. Huda and wife Samia are active in the charity circuit and are generous supporters of the arts.

BERNARD GEWIRZ CARL GEWIRZ AND NORMA GEWIRZ KLINE TIEFEL The family Gewirz, like the family von Trapp, is a band of talented Swiss-German players – but without the lederhosen and the yodeling.

In the 1990s, their expansive but private realestate empire took advantage of falling prices in distressed D.C. zones, grabbing prime property on K Street NW. Bernard’s sons, Michael and Steven, are also in real estate and, together with their wives, have been strong supporters of the Corcoran.

MILES R GILBURNE Steve Case’s crack team of senior managers included Gilburne, who became AOL’s vicepresident for corporate development. Two quick turns on the stock market later, and Gilburne was ready to retire. Gilburne, the current managing partner of ZG Ventures, LLC, is a contributor to the Shakespeare Theatre, the Foundation for the National Institutions of Health, and In2Books, a local reading and literacy program.

HERMEN GREENBERG Greenberg and partner Albert Small took advantage of the post-WWII housing boom, parlaying starter homes into shopping centers and more through their company, Southern

Engineering, Inc.Through their foundation, he and his wife, Monica, are supporters of the Kennedy Center, National Rehabilitation and Sibley Hospitals, the National Gallery, and the Washington National Opera, among other causes.

JOHN T “TIL” HAZEL BILL HAZEL JACK HAZEL AND DICK HAZEL Good ol’ boys from Northern Virginia, Bill and Til Hazel were instrumental – perhaps elemental – in shaping Fairfax County into a bustling hub of industry. Since the 1960s, the clan’s major commercial developments (Tysons Corner, for example) have been legendary and far-reaching. Recognizing the business acumen and chutzpah of the Hazels, George Mason University named a law school building after them. Til Hazel is also a founder of theVirginia Business-Higher Education Council.

DAVID C KARLGAARD In 2005, when he and his two partners sold information-technology company PEC Solutions to Nortel Networks for $448 million, Karlgaard stayed on to help manage Nortel Government Solutions. Karlgaard is a founder and major stockholder of Arlington’s James Monroe Bancorp. He is the vice president of Argon ST Inc. and has a holding in Rising Edge Technologies.

DONALD DELASKI AND KENNETH DELASKI This father-son team doesn’t complain when the government goes over budget – after all, the company they cofounded, Deltek Systems, Inc. has been providing enterprise resource planning software to Uncle Sam since 1983.

With a posted revenue of $150 million in 2005, Deltek looked mighty appetizing to New Mountain Capital Partners, a private equity firm in New York. It purchased 75 percent of the shares in April 2005, which left the deLaski men with approximately $100 million. Father Donald deLaski contributes to the National Symphony Orchestra and the Center for Mind-Body Medicine. He recently paid for a practice room large enough for use by marching bands at the George Mason University School of Visual and Performing Arts.

DAVID FALK This now semi-retired sports law agent has signed up some of the biggest names in the athletic arena, with his main focus being the marketing of sports icon Michael Jordan and other stars of the NBA. Falk Associates Management Enterprises, Inc. was bought

out by SFX Entertainment Inc. in 1998 for around $100 million ... in cash. Syracuse University recently announced that Falk and wife Rhonda gave a $5 million gift to establish the David B. Falk Center for Sport Management, an interdisciplinary research center that will be the focal point of the Department of Sport Management in SU’s College of Human Ecology.

DAVID GLADSTONE Gladstone is a leader in the private financial industry. and former CEO of Allied Capital (multi-millionaire Bill Walton, who lives in Georgetown, was appointed his successor in 1996). Gladstone is also a champion of women in business; he’s a past member of the Advisory Committee to the Women’s Growth Capital Fund. Concern for his fellow man led to publishing two books on financing for medium to small businesses, thus disproving the old adage those who can’t do, teach. Not content to financially advise the little guy, Gladstone gives generously to feed and heal the needy as well; he’s involved with the Capital Area Food Bank and Sibley Hospital among other causes.

DAVID HILLMAN Hillman, a CPA and former partner of Melvin Lenkin, helped form Southern Management Corporation more than two decades ago. Today, he’s built it into one of the largest portfolios of District apartments.

Hillman has provided funds ($1.7 million) for nursing scholarships at the University of Maryland and has established the Hillman Entrepreneurs Program to encourage young business-minded students in Prince George’s County.

CATHERINE HUGHES Founder of the African-American network Radio One, Hughes and her then-husband, television producer Dewey Hughes put up $100,000 of their own money to buy troubled WOL-AM. In 1999, when Radio One was first traded publicly, its estimated value was $924 million, bringing Catherine Hughes’ back to the “top of the pops” financially – to the tune of approximately $200 million or so. Her dedication to minority communities includes fellowships for journalists through the Robert C. Maynard Institute of Journalism Education and sponsorship of the Piney Woods Summer Camp, where innercity youths can attend an African-American boarding school in Mississippi.

EVAN JONES As CEO of Digene, Jones focused on

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Clockwise from top left: John Burton, Marvin Bush, Giuseppe Cecchi, Mai and Jim Abdo, and Marc and Jacqueline Leland.

developing genetic tests (he brought one to market that can help women determine if they are at risk of developing cervical cancer). In a move that surprised industry insiders, Jones retired last year, giving him and wife Cindy more time to spend at their lovely $15 million property in Nantucket.

The Joneses support the Washington Ballet, among other local causes.

JACK KAY The Kay fortune was built in the peace and home-sweet-home of post-war America.

Not only was Jack building houses for the returning G.I.s, but he was heavily involved in the relocation of Jews from Cyprus to Palestine with the aid of refurbished freighter Exodus. This passion for Judaica – and for the improvement of the lives of Jewish people – led to Jack Kay’s establishment of a hospice in Jerusalem (Hadassah Hospital) and a donation of $1.5 million to Israel Studies at the University of Maryland.

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ROBERT C KETTLER A third-generation builder, Kettler’s massive real estate empire is ranked among the top 20 multi-housing developers in the nation, and he’s one of the largest land developers in metropolitan Washington. The Kettler Capitals Iceplex is not a departure for the development dynamo – his company, the erstwhile Kettler, specializes in “mixeduse” projects, where retail, commercial and industrial spaces co-exist in one structure. In 2007, Kettler announced the purchase of 19.6 acres in Pentagon City for approximately $220 million, giving him a long-term stake in one of the area’s most dynamic urban neighborhoods. Kettler supports the Washington Metropolitan Area Boys Club, St. Patrick’s School,The Potomac School, George Mason University, and Northern Virginia Community College.

NATHAN LANDOW Anybody who has been to Bethesda recently

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– and who remembers the Bethesda of the mid-1990s – knows that big things have been happening to this once nondescript ’burb. Landow and Co. was a key player in developing many of the area shops, restaurants and luxury condos. Landow also develops the Democratic Party; a former chairman of the Maryland D.P., he was a staunch supporter of both Al Gore and Bill Clinton through thick and thin. The thin was most apparent during the scandal years of Clinton’s tempestuous time at the White House, when Paula Jones’ attorneys accused Landow of trying to influence testimony in favor of the President. He took the Fifth.

MELVIN LENKIN Despite spending much of his time these days in sunny Boca Raton, Lenkin’s fortune is firmly grounded in Washington. During the real estate recession of the ’90s, he managed to stay in the game, leading a group of investors who purchased Columbia First Federal

Savings and Loan ... and then promptly resold it for about three times as much. Son Eddie is now in charge of most of the company’s operations. Melvin Lenkin and wife Thelma give back locally to a variety of Jewish causes.

They also support Parkinsons Disease research through their Thelma & Melvin Lenkin Family Charitable Foundation.

MILTON PETERSON This Northern Virginia developer’s U.S. pet projects are homes and hotels along the Potomac; he’s already sunk $100 million into the region. National Harbor, his $2 billion Prince George’s County complex development, which he calls “a marathon,” opened recently. The project’s anchor will be the $565 million Gaylord National Hotel and Convention Center.

DONALD RUMSFELD Rumsfeld served as both the 13th and the 21st secretary of defense. The former Navy

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pilot has also served as White House chief of staff, U.S. ambassador to NATO, and U.S. congressman. In between government jobs he made his substantial fortune while employed in the private sector as chief executive officer of two Fortune 500 companies (G.D. Searle and General Instrument). Last September, Rumsfeld announced that his family foundation would endow student fellowships to encourage young people to study public policy after college and also make loans to micro-enterprises in developing countries.

ALBERT SMALL Since 1950, Small has built thousands of homes, offices and apartments as the president of Southern Engineering Corporation, one of the region’s most successful construction companies. He quietly began to collect rare documents in American history including one of the first printings of the Declaration of Independence. In 2000, he donated them to his alma mater, UVA along with a $2.5 million grant to build the Albert and Shirley Small Special Collections Library. He continues to donate letters and prized manuscripts to the collection, which is reportedly worth over $30 million. The Smalls have served on the boards of the National Symphony Orchestra, the Folger Shakespeare Library, the Tudor Place Foundation, the Madison Council of the Library of Congress, the National Archives Foundation, the Trustees Council of the National Gallery of Art, and the National Trust for the Humanities.

GUY STEUART AND LEONARD STEUART One of Washington’s oldest business families, the Steuarts built their fortune in the early 1900s as coal-and-ice men.

Adapting to the times, their next venture was a Model-T franchise in 1916 and later an oil terminal in southeast Washington.

The Steuart brothers are directors of Steuart Investment Company, a real estate company which operates, through various affiliates, food and drug anchored shopping centers totaling over 600,000 square feet, a D.C. office building, a 24-story 350,000 square foot office building in Rosslyn, Va., and land holdings in the District of Columbia, Maryland, and Virginia. The Steuarts are generous supporters of Washington National Cathedral and its affiliated schools.

H BRIAN THOMPSON Thompson’s baby is telephone and highspeed internet powerhouse Global Telecom and Technology, Inc. (where he’s now building a transatlantic cable – quite the global venture,

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indeed), but he’s also had enormous success with LCI, MCI, and Qwest communications companies as well. Three decades total in technology and telecommunications have made Thompson a true leader in the field, where he recently used his know-how to acquire Netcom Internet Ltd., one of the United Kingdom’s largest Internet service providers in the business-to-business market.

known as Securacom, a publicly traded company backed by the Kuwait-American Corporation, from 1993-2000.

GERALD CASSIDY

Those listed below represent a significant but by no means comprehensive crosssection of the high-net worth individuals in this category residing in the National Capital area.

Public relations guru Gerald Cassidy doesn’t shy away from the tough cases. He’s the cofounder and CEO of Cassidy and Associates, which has polished the image of Equatorial Guinea’s controversial President Teodoro Obiang and worked for tobacco giant Phillip Morris. Cassidy prefers to lie low where charity’s involved; he gives deep, but prefers to do so quietly.AtVillanova University’s request, he revealed his 2004 gift of $5.25 million to help encourage others to contribute.

JIM ABDO

BILL AND HILLARY CLINTON

$25 - $100 MILLION

AL DWOSKIN Dwoskin’s portfolio includes 18 shopping centers, 1.4 million square feet of retail space and nine multi-family apartment communities with 1,843 units, all spread out in the Northern Virginia area. As CEO of A.J. Dwoskin and Associates, Dwoskin donated close to $70,000 to the Fairfax County Public Library Foundation in support of the New Century Library Fund endowment. He also offers teachers in the Fairfax County Public School System a discounted rate on rental properties.

MARK EIN

Abdo is a risk taker. Redeveloping H Street NE wasn’t an easy task, but he took it on with aplomb. His 25-plus years of experience in building notwithstanding, Abdo’s heart lies in community improvement. He serves on numerous boards, including the Washington Conservation Center Board, the D.C. Building Industry Association and Arena Stage. He’s also spearheading the construction of the National Children’s Museum at National Harbor.

As the former president said in My Life, at the time of his election, he had the smallest net worth of any president in U.S. history. Since then, both he and his wife, Senator Hillary Rodham Clinton, have done very nicely. Tax disclosures showed a cool $106 million or so in income for the Clintons since 2001.They have also raised millions for The Clinton Foundation which focuses on HIV/ AIDS, climate initiatives, human development, and health issues.

A leader in technology investments for Washington’s business-to-business set, Ein was an early investor in XM Satellite Radio and recently purchased Kastle Systems International, the area’s largest building and office security company. It’s no surprise that Ein’s new tennis franchise, part of the World TeamTennis Pro League, is called the Washington Kastles. Ein is a man about town and is seen at many balls and galas. When Venturehouse LLC sold a tech company for $230 million in 2004, he famously bought (for $8 million) the home of the late Katharine Graham, though he has never moved in. Ein is the youngest National Gallery of Art trustee.

STUART BERNSTEIN

JACK DAVIES

MELVYN J ESTRIN

A small-town boy from the Alleghany hills of Pennsylvania, Davies enjoyed helming the rocket-fueled thrill ride that was AOL’s international division in the mid-’90s with colleagues Ted Leonsis and Len Leader.

The latter introduced Davies to Venture Philanthropy Partners founder Mario Marino.

Davies became heavily involved with VPP, which he considers “probably the most significant thing that has happened [to him] since leaving AOL.” He’s on the boards of the See Forever Foundation, and the Maret School, and he serves on the boards of Heads Up and CharityWorks.

Film and Broadway producer Estrin is a Woodrow Wilson International Center scholar and best known for his wizardry with banking, real estate, and pharmaceuticals, and for founding the University Research Center. The first President Bush appointed Estrin to the National Capital Planning Commission. The second President Bush appointed him as a trustee of the Kennedy Center for the Performing Arts.

Bernstein owns the Bernstein Companies, one of the oldest real estate development firms in Washington. A former ambassador to the Danes, he conducts ambassadorial seminars through the U.S. Department of State for eager internationalists, and he is a trustee of the Kennedy Center. Wife Wilma née Estrin has been a strong supporter of the Washington Opera as well as other area institutions.

JOHN BURTON Prior to becoming managing general partner of Updata Partners (and managing director of Updata Capital, Inc) the growth stage technology venture firm that manages over $500 million, Burton had major roles in several other tech industry companies. He was CEO of Legent, and was cofounder of Business Software Technology. At Legent, Burton oversaw a jump in revenue from $126 million to more than $500 million.

MARVIN BUSH Son and brother of a president, Marvin Bush is a venture capitalist who’s carried water for the clan through thick and thin. Co-founder and managing partner at the investment firm Winston Capital Management, Bush was previously a director of Stratesec, formerly

BILL DEAN Bill Dean is president and CEO of M.C. Dean, Inc., a family company that designs, installs, and integrates complex power, electronics, homeland security and telecommunications systems. M.C. Dean, Inc. has grown three-fold, to 2,000 employees, in the past seven years.

Last year the firm announced it was opening a new facility in Caroline County, Va., that would add yet another 100 jobs. M.C. Dean, Inc. and donating subcontractors also recently provided the District of Columbia Center for Therapeutic Recreation – which serves specialneeds children – with approximately $40,000 worth of electrical lighting and upgrades.

JEFFREY FREED Freed, a founding partner of Arlington Capital Partners, a Washington “buyout shop,” has 21 years of private equity and business experience, and has actively participated in nearly 30 transactions worth over $3 billion in enterprise value. Freed recently helmed the purchase of The Daily Racing Form – the thoroughbred horse bettors’ bible and a onetime pillar of the Annenberg family fortune – for somewhere between $170 and $190 million.

RICHARD HANLON Hanlon is in that lucky club of clued-in AOL founders from the mid-’90s. His is an interesting life filled with travel and …poetry?

It’s true -- Hanlon, who grew up in the West Indies and Hong Kong, first gained recognition

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Top from left to right: Al Dwoskin, Bonnie McElveen-Hunter, Cindy and Evan Jones. Bottom from left to right: Victoria and Ted Kennedy, John T. “Til” Hazel, Jack Davies, and Robert Haft.

by winning a poetry prize at the University of London. He used the resulting job at The SundayTelegraph to jump-start a lifestyle beyond most people’s wildest dreams. He currently works with Venture Philanthropy Partners, most notably with Heads Up!

GLORIA HAFT ROBERT HAFT AND LINDA HAFT The Haft family (Gloria and late husband Herbert’s three children are Ronnie, who no longer resides in the District, Linda, and Robert) owned the Dart Group, which once included Crown Books, Trak Auto, and Shopper’s Food Warehouse, among other enterprises. Excelling in the field of corporate takeovers, the family fortune once exceeded $500 million ... it’s still nothing to sneeze at.

WILLIAM HASELTINE The founder and former president of Human Genome Science, Inc. was elected chairman

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of the National Health Museum board of trustees in 2000, and he certainly deserves the recognition. In the early ’80s, Haseltine conducted some of the first research on AIDS, and lobbied and raised funds for a disease many did not want to associate with at that time. Now his focus is regenerative medicine: natural proteins, including hormones and antibodies, that will help the body heal itself or compensate for deficits.

TED KENNEDY AND EUNICE KENNEDY SHRIVER Massachusetts’ senior senator was recently diagnosed with a malignant brain tumor. His older sister Eunice, has suffered several strokes in recent years. Nonetheless, they soldier on with the indomitable spirit characteristic of their clan, especially when it comes to fighting for the underprivileged, as Ted has done in Congress since 1963, or for the disabled (Eunice is the founder of Special Olympics.)

The family’s wealth comes from the stock

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market, real estate and film industry fortune (to which some would add bootlegging) made by their father, Joseph P. Kennedy, who served as FDR’s ambassador to Great Britain in the late 1930’s.

MARC LELAND Marc Leland has been a respected member of nearly every sector of the business world; he’s been assistant secretary of the Treasury for international affairs, a partner in the law firm of Proskauer, Rose, Goetz & Mendelsohn in London, financial advisor to the Getty family, and general counsel to the Peace Corps. Leland and his wife Jacqueline (once the wife of the late Gilbert de Botton, a prominent Swiss banker) donate generously to many artistic causes, including the Hirschhorn Museum, the Washington National Opera, the National Gallery of Art, and Arts for the Aging.

ROBERT LEVY Levy is partner, chairman, and chief

investment officer of Harris Associates, L.P., which manages $59 billion in assets.

He also serves on Wharton’s board of overseers, the University of Pennsylvania’s board of trustees, and gave a $5 million gift to Wharton in 2006. He and wife Diane run the Robert M. Levy and Diane v. S. Levy Family Foundation.

BONNIE MCELVEEN-HUNTER If you’ve ever browsed one of the magazines that the nation’s airlines put in every seat pocket each month, you can’t have missed one of the glossy reads produced by this very charming lady’s Greeensboro, N.C.based Pace Communications, the nation’s largest custom publishing company. (They do Delta, United and US Airways, among others.) McElveen Hunter somehow finds the time to also serve as chairman of the American Red Cross, an appointment she received from President Bush after she finished serving as his ambassador to

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Finland from 2001 to 2003. A part-time resident of one of Georgetown’s grandest houses, the old O. Roy Chalk mansion on O Street NW, McElveen-Hunter is frequently seen at receptions hosted by the organizations she supports locally, including Blair House, the Kennedy Center, Habitat for Humanity, the United Way, and of course the International Red Cross.

ART MARKS The co-founder of Valhalla Partners, Marks is a tech company and venture capital hall-of-famer in the Mid-Atlantic region.

With 30 seasons under his belt, he’s been a star at New Enterprise Associates, where he created its technology practice and was directly involved in more than 60 portfolio company investments.

JOHN MASON Mason is President of Mason & Company, a D.C. metro-based investment firm that serves as partner or principal in real estate ventures, where he has worked since 1970. Mason has served on the boards of the Federal City Council, American University, National Jewish Center for Immunology and Respiratory Medicine, Greater Washington Research Center, and the Weitzmann Institute of Science.

His wife, JoAnn, a long-time supporter of the arts, is an active board member of the Washington Opera and part of the Artistic Committee of Youth Orchestra of the Americas.

MARVIN MCINTYRE McIntyre was Legg Mason’s top-producing broker for over 15 years, where his staff oversaw more than $2.5 billion in assets; his client list included around 100 professional athletes. McIntyre has distinguished himself from the pack as a conservative investor, living by two simple rules, according to a 2005 article in the Baltimore Sun: the first, “Do not lose the money,” and the second, “Do not forget the first rule.” He currently works for Smith Barney.

BILL MELTON Bill Melton’s background in Asian studies led to a manufacturing base for the telecommunications enterprises he started, including Verifone, the point-of-sale credit verification terminals used in most businesses today. He and wife Patricia’s PEACE X PEACE Global Network, which connects women across diverse cultures, is one of many ventures the couple have in common.

Technology and philanthropy have rarely

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been paired so well; Bill says that the family priority is “the creation of a global village.”

HERB MILLER Longtime D.C. developer and shopping mall magnate Herb Miller epitomizes the word “player,” with such projects as Gallery Place and Washington Harbour under his belt. He co-developed the prestigious Shops at Georgetown Park in the 1980s, sold it, and his 2006 successful attempt to buy it back ended in a court battle. He and wife Patrice are known for their support of many philathropic causes in the Washington area.

ROGER MODY Mody’s sale of Signal Corp to Veridian for $227 million in 2002 was the stuff of which dreams – and inspirational Lifetime movies – are made (45 percent went to his first wife, Lori Mody). His commercial publishing company morphed into a technology service giant with 1,600 employees, 60 offices and $300 million a year in revenue. Having worked since the age of 12, Mody decided to retire and start giving. He supports Make a Wish, Fight for Children, and he serves on the board of visitors of George Mason University.

the late Albert G.Van Metre Jr., a world class yachtsman and one of the Northern Virginia area’s most successful builders. The Paleys, who have homes in McLean, Nantucket and Lyford Cay, the Bahamas, are occasionally spotted at benefits for the Phillips Collection and Washington Project for the Arts.

COLIN POWELL It’s impossible to sum up the political career of Colin Powell in a few words — he’s been the first African-American, well, almost everything in the government.

When Powell left his post as Secretary of State, his business career began fast-tracking as well (Powell had the foresight to invest heavily in AOL stock options, which made him a bundle). In 2005, Kleiner Perkins Caufield & Byers, perhaps Silicon Valley’s most famous venture firm, announced that the former four-star general would be joining the firm as a part-time partner.

He also invested in the Fred Malek – Jeffrey Zients group’s 2005 bid to buy the Nationals — apparently Powell is set to cut as large a figure on the sea of commerce as he did guiding the ship of state.

JOSH RALES

Anyone petrified of the eventual antibioticresistant staphylococcus that will end the world should give thanks to MedImmune and David Mott. The biotech company is responsible for FluMist, the annual savior of countless old folks and young’uns who would otherwise be felled by the bug.

MedImmune accepted a $15.6 billion buyout offer from British drug giant AstraZeneca, capping what was described as a ferociously competitive bidding war for the region’s most successful biotech company.

Mott gives substantially to Dartmouth via the Dartmouth Entrepreneurial Network.

Like his older brothers Mitch and Steve (the billionaires behind Danaher), Rales began his entrepreneurial climb while in college at UVA. He started a travel agency, which he later sold for a five figure sum to pay law school tuition bills. Over the last decade, Rales took in millions from real estate development and investments, which he completely sold off to prepare for a run in public office. In 2006, he made an unsuccessful bid for a U.S. Senate seat in Maryland left vacant by Paul Sarbanes.

He was prepared to spend $5 million of his money in the run. He remains active on the Jewish philanthropy circuit and donates to the Jewish Youth Philanthropy Institute, The Center for Jewish Philanthropy, and the Jewish Agency for Israel.

BILL AND ALISON PALEY

JEANNE RUESCH

Bill is the son, namesake and heir of William S. Paley, the founder of CBS News, and his wife Barbara “Babe” Cushing Paley, one of Truman Capote’s famous “swans.” Unlike his parents, who were legends on the international social scene for decades, Bill keeps a relatively low profile, preferring to focus on his family and efforts in behalf of the Paley Center for Media (formerly The Museum of Television & Radio) and The Museum of Broadcasting, dedicated to the discussion of the cultural, creative and social significance of television and radio. His wife, Alison, is the daughter of

After the death of foreign exchange and precious metals investor Otto Ruesch in 2004, his widow was elected to replace him as chairman of the Corcoran Gallery of Art, where they had spearheaded the effort to raise $100 million for the now-canceled Frank Gehry wing. Her leadership and continued substantial gifts will help move the landmark museum in a “new direction” as it shifts focus to repairs of the existing structure and an expanded schedule of landmark exhibitions.

Mrs. Ruesch also devotes considerable time and resources to a host of other causes that

DAVID MOTT

include the Kennedy Center, the Levine School of Music,The Washington Performing Arts Society, National Rehabilitation Hospital, Georgetown University, Arts for the Aging, and So Others Might Eat (SOME).

TIM RUSSERT As NBC’s Washington bureau chief, the law-trained Russert is one of the most recognizable journalists on television.

The Buffalo native hosts Meet the Press on Sunday mornings and co-hosts election night coverage. According toThe Washington Post, Russert is said to make more than $5 million per year and has had an extraordinarily long contract that runs through 2012 (plus a best-selling book, Big Russ and Me doesn’t hurt, either).

DONALD SALTZ Saltz’s path to fortune was modest and simple: he bought stocks and held onto them ... and kept holding. “Modest and simple” best describes this retiring trivia master and one-time journalism hound, who still owns the first stock he ever bought (in 1957). “I figure you can’t take it with you,” Saltz says of his quiet gift of $5 million to Abas Israel Congregation in memory of beloved wife Moselle, who he met 38 years previously at the house of worship.

JOHN SARGENT Prior to taking the reins at venerable real-estate firm Randall Hagner (which was founded by his grandfather in 1904), Sargent was vice president and director of marketing for Freedom Federal Savings in Massachusetts, a $500 million dollar institution. He’s also the chairman of Capital Express Group, Ltd. Randall Hagner was purchased in January of this year by J Street development head Bruce Baschuk, a former CEO of the Cafritz Company.

PETER N G SCHWARTZ Schwartz is a modern-day Atlas of the real estate world. One Judiciary Square, developed by the Peter N.G. Schwartz Companies, is one in a chain of local landmarks under his belt. Schwartz prefers to fly under the radar, as far as his philanthropy is concerned, however, letting his eponymous foundation do the talking.The Georgetown Center for Liturgy counts him on its board of advisors, and while he’s not helping the church, Schwartz provides for the children.

The Peter N.G. Schwartz Foundation implements values programs in elementary schools, among other children’s causes.

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Top from left to right: Bill Paley, Joan Fleischmann Tobin, Michael Sonnenreich, Albert and Shirley Small. Bottom from left to right: Harold and Nancy Zirkin, Tim Russert, Morton Bender, and Catherine Hughes.

STAN SLOTER Sloter’s baby, Paradigm Development, is a full-service real estate development, construction and property management firm.

With two kids of his own, Sloter’s pet causes tend to be for the advancement of youth services. He’s chairman of the local board of KidsPeace National Center for Kids in Crisis and a board member for the Washington Center and the Harbor School.

MICHAEL SONNENREICH Sonnenreich is chairman and CEO of Kikaku America International, president and CEO of Global Communications Corp. Ltd. of London, vice chairman of the board of PharMa International Corporation of Tokyo, and more. His love of opera got him appointed president of the Washington National Opera in 2004, where he created Generation O, a program that offers 18- to 35-year-olds a fresh look at the world of opera. When newspaper

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heiress Betty Knight Scripps abruptly resigned as Opera Ball chairwoman this year, Sonnenreich stepped in to help underwrite the event.

JOAN FLEISCHMANN TOBIN Before margarine, Americans had limited choices as to what to spread in the nooks and crannies of their various breakfast bread products. Enter the Fleischmanns, also the harbingers of gin, molasses, vodka, and yeast. Joan Fleischmann Tobin, a descendant of the founder, Charles Fleischmann, keeps a low profile in Washington and Naples, Fla., where she owns much of the city’s prime commercial real estate. She supports Vital Voices, the Washington National Opera, the School of American Ballet, and Blair House.

ROBERT TORRAY It’s one thing to make money, it’s another to manage it wisely. For the

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latter, folks turn to the Robert E. Torray Companies (Torray LLC owns Robert E. Torray & Co., Inc., an institutional investment management firm, The Torray Corporation, a mutual fund management company, and TEL Corp., a private hedge fund). Torray and wife Nancy recently committed to an annual scholarship at Montgomery College to support ten fulltime students. He also pledged $1 million to the D.C. Central Kitchen.

GEORGE VRADENBURG Yet another AOL investor, he is is president of the Vradenburg Foundation, which supports capacity-building efforts in arts, culture, health, education, and security.

As chairman of the Phillips Collection, he spearheaded fundraising the museum’s most recent addition. He also leads charity efforts for Alzheimer’s, as well as several regional planning efforts.

DON WOOD Wood’s Federal Realty Investment Trust acts as a sort of a mall landlord, with a business model based on hand-picking shopping centers in affluent and highdensity areas of the country. FRT’s president and CEO also is involved with the Cystic Fibrosis Foundation, where he serves as the chair of the Metro D.C. chapter.

HAROLD ZIRKIN Zirkin is president of Zirkin-Cutler Investments, Inc., a firm which provides investment management services for individuals, pensions, retirement accounts, foundations, and charitable organizations.

He founded H. Zirkin Investments, Inc., in 1973, which he sold to First National Bank of Maryland (now M&T Bank) in 1996.

Zirkin and his wife Nancy are heavily involved in civil rights activism, with Nancy focusing on women’s rights.

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FEATURE | ROLAND FLAMINI

Left: Washington National Opera (WNO) artistic derector Placido Domingo with British Ambassador Sir Nigel Sheinwald. Right: Bonnie McElveen-Hunter, Shayne Doty, Selwa “Lucky” Roosevelt (Chair of the WNO’s “Domingo Circle”), and Bynum Hunter. Thanks to philanthropists such as Roosevelt, Domingo has been able to realize his long-term vision for the company. (Photos by Tony Powell)

GOOD SPENDING HABITS AMERICAN PHILANTHROPISTS ARE MORE GENEROUS AND MORE SAVVY THAN EVER BEFORE – WHERE, HOW, AND WHY THEY’RE GIVING IT AWAY

BY ROLAND FLAMINI

he rich are different from you and me,” F. Scott Fitzgerald once said to Ernest Hemingway. “Yes, they have money,” Hemingway replied. Today, more Americans have more money than every before, and aside from still being different, many want to make a difference. In 2006, the most recent year for which there is data available, charity giving in the United States topped $295 billion, an increase of 11 percent over the previous year; the national capital region reflected that increase.

Nobel Prize winning economist Milton Friedman may have written that “the only social responsibility of companies is to increase their profits.The business of business is business,” but

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social responsibility has progressively moved up the corporate agenda, as well.

The cynical view, of course, is that global goodness owes much of its generosity to the tax breaks written into the income tax law starting as early as 1917. But people in the business of servicing philanthropy say this is only part of the story. The role of tax incentives is constantly being debated in the philanthropic community, says Robert Kenny, executive director of the Boston College Center on Wealth and Philanthropy. “One thing tax might do is to start the connection, but the motivation comes from passion,” he says. According to Stacey Palmer, editor of

the authoritative magazine in the field, The Chronicle of Philanthropy, “Most people find that the tax doesn’t affect the decision to give, but the size of the gift. Somebody who’s stingy isn’t going to give any money anyway.”

The quest for cash is a never ending story, of course, and the fund raisers’ constant lament is that donor generosity is in decline. “In U.S., a Multitude of Forces Drains the Spirit of Giving,” ran a recent headline in The Washington Post. But the fact is that contributions to charity have remained steady at two percent of the Gross Domestic Product for years, an indication that the dynamic of giving has changed little even if the givers have.

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“More and more giving is a combination of The key factor is that, “philanthropy is part possibility of a large tax break and more by the of an American tradition of personal giving,” desire to see their support make a difference. head and heart,” says Lisa Kaye of the growing comments Susan C. Price, vice-president of the “Even trust fund kids are getting in on the Washington Area Women’s Foundation, an Washington-based National Center on Family act,” remarks one foundation source, who organization founded in 1995 whose mission Philanthropy. “In Europe, for example, they don’t prefers to remain anonymous. “It’s cool to be a is to educate and expand the pool of women have the same philanthropic mentality.” This, giver.” The role models of the new generation in philanthropy. New givers want more though, is because European governments assume are philanthropist/activists like Bono, Sir Bob information of how their money is making a responsibility for many of the social and cultural Geldof, and of course, Bill Gates, who is stepping difference. “They want to see a return on their situations – from health care to opera houses – down as the day-to-day leader of Microsoft in investment,” she said.The non-profit foundation, that in the United States depend on outside help. order to devote his considerable energies to the which gave out $1 million in 2007, focuses on improving the condition of low-income Whatever the impact of tax breaks, shifting Bill and Melinda Gates Foundation.

In civic-minded Washington, it has long women through literacy programs, getting them attitudes towards wealth and what to do with it have helped to channel more money towards been considered “cool to be a giver,” and local moved into better jobs, and providing affordable philanthropy. For example, The Wall Street Journal denizens rarely wriggle into strapless gowns child care. The foundation’s annual social benefit is a Leadership Luncheon for their reported recently that parents who had core benefactors, “Giving Circles” of 20 become wealthy are increasingly deciding women each, and its corporate donors. not to leave the bulk of their money to Global Giving, also a D.C.-based their children, but to make charitable Washington, it has long been considered organization, does not have a yearly social endowments instead. “It’s an idea that’s ‘cool to be a giver.’ ” event. Established by two former World being thought about more and more,” Bank staffers, the organization, which Price says.“Parents argue that leaving their pairs would-be donors with their choice children wealthy deprives their children of the chance to develop their own talents and create or struggle with knotting a black tie unless it’s of recipients from a catalog of 500 projects in for a good cause. In 2006, the most recent year 60 countries, calls itself “the democratization their own opportunities.”

Price’s center is part of Washington’s for which there’s available data,Washingtonians of philanthropy.” Global Giving says it accepts growing network of resources servicing the gave away $625 million – or 7 percent of total donations from $10 to $10 million, but what they philanthropic trusts and others seeking help in household incomes – to churches and other receive is more likely to be closer to the former.

“Our supporters are not likely to be people who organizing their giving. The center specializes in good institutions in the metropolitan area.

Held on the first Friday in June, the go to big benefits and write big checks,” says a helping philanthropic families to create efficient management structures, rather than advising them Washington National Opera Ball is one of Global Giving spokeswoman.

Their beneficiaries, too, tend to be more modest on specific grant recipients.The center offers one over 200 large benefit events that dominate seminar called “managing conflict and family Washington’s social calendar. For $1,000 and up, and mostly overseas, like the woman in Nepal who dynamics in philanthropic decision making,” guests enjoy dinner with the ambassador of their runs an organization that rescues very young girls which is a tactical way of labeling disagreements choice at his or her residence, then converge from bonded labor in factories or in domestic service. among family members over which causes to on the ball itself to dance the rest of the night The organization literally buys the girls’ freedom, support. “Family dynamics are a big thing when away. For all its glitz, the main purpose of the and then pays to educate them. Payment for the girls it comes to giving money together,” Price says. Opera Ball is to raise money for artistic director often includes a farm animal, such as a cow.

The looming question in the philanthropic and über-tenor Placido Domingo’s high quality “The challenge often affects relationships.”

Experts in the field report that a large part of operatic productions. A decade ago, former chief world now is how the current economic their efforts these days are directed at bringing of protocol Selwa “Lucky” Roosevelt organized downturn will affect giving. Already some event the next generation into the giving process. One the Domingo Circle – an exclusive club of high organizers are beginning to see a decline in tickets specialist says, “There’s a lot more interest among end donors to give the then-newly appointed sales for benefits that in other years would be the young in giving,” and less inclination to artistic director of the WNO “a cushion,” as waiting list only.Will the flow of cash for cows in follow what earlier generations had been doing. she called it, to cover the additional costs of Nepal, opera singers in Washington, schoolbooks With courses in community service at school, and his productions. Circle members were given in Mississippi, church meals in Chicago, and more information available, what are known in a lunch at the White House and private time much else slow down in the coming year? “The philanthropy circles as “digital pioneers” are better with the singer, and the first drive raised $2 economy is what drives charitable giving,” Palmer informed and more opinionated about giving million to help WNO cover the cost of opera says. “It usually takes a year before the impact of productions in the larger and more ambitious a slowing economy is felt. The wealthy are fairly than ever before.

Many new donors are more high maintenance season envisioned by Domingo. She has been insulated against a short term downturn, but everybody is waiting.” precisely because they are less attracted to the handing Domingo such “cushions” ever since.

“IN CIVIC-MINDED

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FEATURE | FATHER’S DAY

father

MY

THE MAYORS’ SONS AND DANIEL WOOLSEY REFLECT ON WHAT MAKES DAD SO SPECIAL

Mayor Adrian Fenty with his twin sons Ma hew and Andrew at a Nationals game, where the Mayor threw out the first pitch.

Mayor Adrian Fenty

BY MATTHEW FENTY

M

y dad is awesome. I love spending time with him. He takes me to really cool places. The Nationals’ baseball games are probably what I like best. It was amazing to go down on the field.

I even got to stand with my dad when he threw out the first pitch at their game against the Orioles. I have the best Dad, and I love him very much.

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BY ANDREW FENTY

I

’m really glad my dad is the Mayor. It’s really fun to go places with him. I think my favorite times are when we go to the Wizards’ games. I always have a good time. I also have so much fun when I play tennis with my dad. Once he took me to a tennis match at the Rock Creek Park Tennis Center. I love my dad, and I just like hanging out with him, whatever we do.

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Daniel Woolsey with his father Jim Woolsey, former CIA director and foreign policy specialist

Jim Woolsey

BY DANIEL WOOLSEY

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any know my father from his professional reputation and long list of accomplishments in Washington. He has amassed undeniably impressive contacts and influence in many realms such as politics and national security.This fact is in part why, as one of his sons, I decided to go into the television and movie business. It was a decision made not out of youthful rebellion or any desire to distance myself from him and his work, but rather spurred from a love of story telling and a young man’s need to “make it on his own”.

WA S H I N G T O N L I F E

By choosing a career of entertainment and story telling, I thought I would be choosing a path not cleared by my father.

If you have ever dined with my father, attended the same party, or perhaps just spoken with him for a time, he will inevitably relate one of his ever-evolving stories. It may be the newest version of the international drama that was his engagement to my mother, his recounting of my own rendition of the role of the Wizard of Oz in a pre-school play (a favorite to tell new girlfriends), or if the listener is particularly lucky, the epic “Parrot Joke.” Whatever the chosen course, it is sure to be flavored with an immense amount of colorful and memorable details and a cast of voices that transport you

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from the dinner table to whichever time and place he’s constructing.

At brunch on Mother’s Day, I found myself engrossed in one of his stories. I looked around the table and saw that everyone was equally entranced.

As wife, friend, son, and daughter-in-law all leaned forward in their chairs eagerly awaiting the twist, the turn, the satisfaction of a great ending, I caught myself thinking,“this story would make a hell of a movie.”They probably all would.

My ability to tell a story allows me to walk my own path, but I realized that day, watching him bring his story to an end, where my ability came from. You cleared the path after all, Dad, and for that I am so very thankful.

Happy Father’s Day.

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FEATURE | FINANCIAL ROUNDTABLE

Shopping the Million Dollar Store Join some of the nation’s premier financial wizards as they discuss the future of your money ED MATHIAS These are unusual times.What do

1 JOHN T. “Terry” BEATY II is a partner at

1

Brown Advisory LLC, a registered investment advisor for $14 billion in assets. His 37 years of investment experience include serving as president of Davidge & Company and Beaty Haynes & Associates, Inc. He has a B.A. degree from Princeton University and an M.B.A. from Harvard Business School.

2 AIMEE W. DANIELS

2

is executive vice president and market president for HSBC Bank’s mid-Atlantic region. Her responsibilities include leading the bank’s expansion there as well as day-to-day oversight of the commercial, retail and embassy banking businesses. Her previous positions include being the partner in charge of sales and marketing for CapX Partners and senior vice president and division head of LaSalle Bank’s downtown Chicago office.

3 DEAN J. EISEN

3

is a Senior Vice President with Citi Family Office in Washington, D.C. and a partner in The Scherer Group, a team inside Citi Institutional Consulting providing planning, investment and philanthropy advice to ultra-high net worth families and institutions. He is a graduate of City University of New York at Queens College and a graduate of the Certified Investment Management Analyst program from the Wharton School, University of Pennsylvania.

4 LAWRENCE P. FISHER II

4

is managing director and senior resident officer of the Bessemer Trust. He began his career at Riggs Bank in 1981 and worked at Maryland National Bank and its predecessor American Bank, Mellon Bank and U.S. Trust Company before joining Bessemer Trust. He holds a B.S.B.A. degree from Georgetown University where he is a member of the board of visitors.

5

5

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Moderator EDWARD J. MATHIAS is a managing director of the Carlyle Group and graduated with an M.B.A. from Harvard Business School. He is also cochairman of the President’s Circle of the National Gallery of Art.

you think investors should be concerned about?

JOHN BEATY This is a time to worry about

risk and to be very careful about using borrowed money. The banking system is under a lot of pressure on its own balance sheets and is pulling back. Many of the issues have to be looked at in a global context. Americans in general, not necessarily people in Washington, are still getting used to thinking globally, and it doesn’t feel very comfortable and they don’t like some of it …. But it is the reality. The Federal Reserve and the Treasury can pull levers that influence banks and influence corporations in the United States. Whether that influence is anywhere near as strong in places like Beijing and Dubai, where the United States has to borrow a billion dollars a day, is questionable. Some of the biggest decisions affecting our economy and financial system are now being made outside of the United States.

LAWRENCE FISHER Some part of the

overall economy is sort of A Tale of Two Cities.

Cosumers are overextended in many ways, particularly in the housing market, which is now going through a correction. Much of the rest of the economy is doing better than the headlines would have you believe. So far this year, the corporate profits of nonfinancial corporations are up something like nine percent. The upshot is that we’re in a stress test period, and our best guess is we’re not going to have a bad recession in the classic sense. They may not call it a recession, but we’re in an extended period – a year and a half, maybe – where two sides of the economy are going through different experiences, and it’s a very difficult environment to operate in and to invest in. Having said that, pay attention to quality, be careful about leverage, spread it around different asset classes and be a little bit on the conservative side. There will be some great opportunities developing out of this.

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DEAN EISEN We believe we’re in a period

where we could see the markets virtually go nowhere over a 15 to 18 year period but with a lot of ups and downs in it. And, in fact, from the beginning of 2000 with the market down 46 percent and then up 70 percent, we’re still down since 2000. We saw this in the ’60s, the mid-60s to the early ’80s, where the average decline in the market was 25 percent and the average rally was 33 percent. The difference is that there are alternative investments available to a lot of people that have only been available to institutions and to the ultra-wealthy in the past: Opportunities are in hedge funds and a healthy dose of private equity.

FISHER We’ve definitely seen one of the most

interesting first quarters, I think, as it relates to the markets. Anxiety levels have remained pretty high among a lot of investors because of the volatility that we’ve experienced. The definition of recession has been debated and discussed recently, but I think it’s probably safe to say that we’re there. But I think there are many catalysts for eventual recovery to start to take root in the markets, and housing has worked off a lot of its excess. Monetary policy, as we have seen, has been a little more accommodating. Corporate health appears to be robust. And, as a result, many of the valuations within the market do appear to be compelling.

AIMEE DANIELS If you look at what’s going

on in a global perspective, things are positive.

Overall, global growth is expected to be about 2.6 percent, and it’s supposed to be about 2.5 percent in 2009. If you break out the established economies from the emerging economies, growth is expected to be about 6.5 percent this year and 6.2 percent in 2009. If you look at the United States, we have not seen our commercial clients having difficulty.

Companies that are doing business outside of the United States are growing.Their businesses are achieving a natural balance because they

are in more than one economy.

MATHIAS Let’s deal with some issues facing

a hypothetical individual investor of $5 to $10 million net worth, middle age … What are reasonable return expectations in the environment that you forsee?

FISHER Our clients are trying to preserve wealth to support their lifestyle – and our minimums are $10 million, with the average client tending to be north of $25 million. With that in mind, we’ll construct a portfolio that accomplishes that by using all the major asset classes.

MATHIAS What’s a reasonable return

expectation over this time horizon?

FISHER We all got spoiled by fairly strong double-digit returns back in the late ’90s, and I think we’re going to see a lot of volatility coming out for the next several years as the markets shake out.

You can’t say with any kind of definitiveness what to expect.

EISEN Our clients are between $5

and $70 million net worth range on the individual side and between $25 and $500 million on the institutional side.

Our clients are not spending down the principal; we establish goals that afford them the ability to meet their spending requirements and still pass money to the next generation and meet their philanthropic goals.

Range-bound markets generally result from the high valuations set by the preceding bull market, coupled with additional challenges presented by tighter credit, rising interest rates, inflation, and perhaps even geopolitical events.This is evidenced by the growth of stocks, bonds, and real estate since interest rates began declining in the early 1980s until the early part of this decade.

“PAY ATTENTION TO QUALITY, be careful about leverage, spread it around different asset classes and be a little bit on the conservative side.There will be some great opportunities developing.”

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MATHIAS When you look at a portfolio of your average client, what is the time horizon that you’re thinking of and what is a reasonable expected rate of return?

BEATY I am going to defer to David Swenson, the highly regarded head of the Yale Endowment, who has put a lot of thought into this. He says that we’re all accustomed to thinking in nominal terms. So when we mention returns of eight percent, we’re talking about before inflation. When he thinks about returns, he is thinking about real returns. In

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FEATURE | FINANCIAL ROUNDTABLE

the Yale Annual Report and in his books, he talks about why Yale tries to minimize their investment, say, in bonds; it is because when you compare today’s coupons with historical inflation rates, your real return is very low. If you factor in income taxes, the real return after tax is near zero on good quality bonds. That doesn’t say somebody shouldn’t own some bonds for cash flow and safety, but you’re not going to make a real return there.

We think we’re in an upper single digit return environment where your return depends on the degree of risk you’re willing to take. The reason to hold onto bonds, for most investors, is stability of cash flow. It is one of the easy, dependable, and marketable ways you can do that. It provides sort of a cushion, or insurance, so that when you get the inevitable swings, you don’t swing as much. And, if it’s an extreme dislocation, maybe it gives you a secondary reserve where you can go shopping.

So most people still have some bonds, but most of our clients hold much larger allocations than they did 10 or 15 years ago. Conversely, they hold larger investments in marketable

“SOME OF THE BIGGEST decisions affecting our economy and financial system are now being made outside of the United States.” equities and Alternative Investments, where returns are higher.

MATHIAS Historically, the old bank

department rule was 60 percent stocks, 40 percent bonds.

said, treasuries won’t provide much in the way of return in the face of increasing interest rates.This is where alternatives, such as a lower volatility fixed income replacement, add value to a portfolio.

BEATY And as you got older, they increased

MATHIAS Do you think it likely that taxes

the percentage in bonds.

will be going up over the next several years?

FISHER These days, traditional asset classes are

FISHER They’re not going down.

not what you’re going to find with a majority of sophisticated investors – you see them reduce the fixed income exposure typically by using some alternative methods of investing, such as hedge funds, private equity, and others. Overall, you’re reducing risk and reducing correlation amongst each of the asset classes.

BEATY One hundred percent yes. If we

EISEN Treasury bonds are clearly a safe place

to be in a time where there’s turmoil. That

have a Democratic president, along with a Democratic Congress, tax rates are going to go significantly higher. But even if McCain wins, we’re going to have a new tax bill in 2009, and for the kind of clients that we work with, we think the odds of maintaining today’s 15 percent capital gains rate and 15 percent dividend rate are nearly zero.

MATHIAS It’s just impossible for the

DETERMINE YOUR NET WORTH

BY J OSEPH WARREN

T

o change your financial future you must first measure your current financial situation. One way to accomplish this is to complete a personal balance sheet. A good one requires you list your assets and subtract from them your liabilities to come up with your net worth.

Once you determine this, you can analyze your income and expenses to determine how much you can save to help build that net worth.

If the savings is done in a tax efficient manner and is invested properly, your net worth can grow very quickly. At Warren Capital Group, we measure our clients’ net worth annually and

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monitor how that net worth is distributed among different assets. We want to make sure that each client’s net worth does not get overly concentrated in one particular asset.As your net worth grows, preserving that value becomes as important as growing it.

Proper diversification and a flexible investment strategy are essential in both growing and preserving your net worth.

Joseph Warren is CEO and founder of Warren Capital Group, an asset management firm headquartered Washington, D.C., which provides investment management to both private clients and institutions throughout the country.

candidates to do anything about the programs they’re talking about, much less the deficit. It’s almost inevitable you’ll have a rise in taxes ….

Related to that, and related to some of the deficit, is inflation. Does it seem likely that inflation will be on the rise?

BEATY We had thought inflation was going to

be on the rise for the last decade. We’ve been wrong. We believe 1991 saw a major turning point when the [Berlin] Wall came down and the Cold War [ended]. This event doubled the global workforce as a majority of the world’s population which had been cut off from the free, capitalistic democratic market began to compete with everyone else.The single biggest thing [that] has been holding inflation down is the depressing effect on wages of this huge new workforce.

MATHIAS If you were concerned about

inflation as an investor, what would you do?

FISHER Well, we prematurely thought we were addressing the problem. Over three

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years ago, we created a real return for all of our clients to participate in, just in a nominal way, 7 to 10 percent of their overall portfolio.

And it allows us to invest in those aspects of the market that would tend to do well during inflationary times: agricultural products and industrial materials, precious metals and energy, infrastructure, and real estate. And we do that selectively, looking at the investment either from owning it outright, the commodity or the exposure outright, or owning companies that tend to operate in that arena.

opportunity. Number one is globalization.

We think the rise of Asia is the biggest thing going on in this period in world history.

Number two is the mezzanine finance area, which has opened wide because of the balance sheet problems of the banks and other lenders. Fifteen months ago, they would lend you 80 to 90 percent of the value of any property. Today, they’ll only lend you 60 percent if you’re lucky, and they will ask you to guarantee the first 10 percent.

WASHINGTON LIFE What are foreseeable

MATHIAS What are the mistakes that investors

problems from a CEO’s and/or CFO’s

perspective that may come across in the future, and how can they avoid them – especially when expanding abroad?

DANIELS As mentioned earlier, the weakness of the dollar also creates opportunities for U.S. companies. From an exporter’s perspective, or a CEO looking to expand abroad and take advantage of the current weakness of the dollar, it is important that they look at various countries for business opportunities – especially the emerging markets, which are growing as the U.S. economy slows. Diversification in a company’s revenue stream is as important as diversification in one’s personal portfolio.

make today?

EISEN People tend to take too much risk and

try to ride too much of the participation on the upswing of the market. If you believe, like we do, that you’re in a range-bound market with a lot of volatility, you’re not going to be rewarded for taking too much risk. We believe that most portfolios that are protected on the downside will ultimately do better over time.

Rising tides lift all boats (markets), so downside protection is where the emphasis should be for wealthy families.

DANIELS Inflation is definitely a factor.

HBSC’s view is that global inflation is about 3.6 percent, but in the emerging markets, it’s expected to be above 6 percent this year and 5 percent next year. Our global economists say it’s the worst performance since 1998, and that was after the Asian crisis, as higher inflation was collapsing exchange rates. It’s different this time. That’s not going on.

BEATY This time, the dollar has collapsed.

FISHER Yes, but the weaker dollar provides

a lot of advantages. U.S. competitiveness increases, exports are up 64 percent since 2002.

Foreign investment in the U.S. has grown by 159 percent since 2002, and it has enhanced returns.

DANIELS It also creates an opportunity for

U.S. companies to look at exporting that didn’t exist in the past.

BEATY You’ve got to get more integrated

into the global community or you’re not going to make it. There are two areas in which we think we have the greatest

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INVEST IN COMMUNITY BANKING

BY RON PAUL

urrent news headlines would lead you to believe that the credit crunch now roiling the global financial industry is adversely affecting local community banks as well. But that is not the case. Community banks that are grounded in their community and have a diversified revenue base are thriving and make an excellent investment opportunity. Here are four tips for picking the right community banking investment for you:

C

GROWTH OPPORTUNITIES: Community banks without substantial roots in the community may appear to have excellent opportunities for growth, but growth potential is not just about how much money is out there – it is also about what the bank is doing to get their clients. Investing in community banks that have good penetration in the marketplace and have an actual commitment to the communities they serve will help your investment to grow.

RESEARCH THE MANAGEMENT TEAM: Focus on the management team – invest with banks that are engaged with their clients and have experienced leadership at the helm.

MINIMIZE RISK: Many community banks are currently trading at their ‘book value’ – or actual value – due to uncertain conditions in the financial sector.

However, many are free of the sub-prime debt that is looming over the credit markets, and therefore have minimized their risk for additional write-offs. As markets stabilize, banks that are well managed and commit their capital properly will continue to profit from their informed investments.

KNOWLEDGEABLE BANKERS: The management team needs to have their arms around their business and be involved in key decisions – management that is not fully engaged cannot effectively guide their bank. There are true benefits from “know your client” relationships.

Community banks know their clients and their businesses.

Ron Paul is the CEO of EagleBank, a leading community bank in the region, which has recently announced plans to merge with Fidelity & Trust Bank.

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J A M E S C O R N W E L L W I T H P R @ PA R T N E R S

M O D E L S C O U R T E S Y O F T H E A R T I S T A G E N C Y

BADGLEY MISCHKA two-piece bathing suit in white ($280); SyLene, 4407 South Park Ave., Chevy Chase, Md., 301-654-4200.

SUNA BROTHERS 18kt yellow gold and pavé diamond earrings ($2,300); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432.

Apreamare Maestro 65 Italian crafted yacht ($3.6 million).

Contact Noelle Semmes, American Global Yacht Group, Bay Bridge Marina, Md., 888-770-2494.

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TRINA TURK Avienda geometric bandeau bikini ($158) and BILLABONG shady floppy black hat ($38); South Moon Under, Wildwood Center 10247 Old Georgetown Rd., Bethesda, Md., 301-564-0995. TORY BURCH turquoise patent leather sandals ($175); Cusp, 3030 M St. NW, 202-625-0893.

CHIMENTO two tone earrings ($880); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432.

DIESEL white linen men’s pants ($140); Bloomingdale’s, 5300 Western Ave., Chevy Chase, Md., 240-744-3700. BREIL rose gold rubber strap watch ($355); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432.

LA BLANCA plunge Goddess red onepiece bathing suit ($120); South Moon Under, Wildwood Center 10247 Old Georgetown Rd., Bethesda, Md., 301-564-0995. MASTOLONI large Baroque pearl necklace ($7,750) and SOUTH SEA pearl studs in platinum ($2,500); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432. JIMMY CHOO Phoens womenâ&#x20AC;&#x2122;s sunglasses ($295); Bloomingdales, 5300 Western Ave., Chevy Chase, Md., 240-744-3700.

TOP LEFT JULIET DUNN white eyelet tunic with gold embellishment and beading ($211); SyLene, 4407 South Park Ave., Chevy Chase, Md., 301-654-4200.

TOP RIGHT DEBBIE KATZ yellow floral dress with cinch tie ($130); SyLene, 4407 South Park Ave., Chevy Chase, Md., 301-654-4200. 30 ct faceted Amethyst pendant on 14kt yellow gold chain ($1,500); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432.

BELOW LEFT VOLCOM tiled mod surf trunks ($55); South Moon Under, Wildwood Center 10247 Old Georgetown Rd., Bethesda, Md., 301-564-0995. PRADA menâ&#x20AC;&#x2122;s black sunglasses ($310); Bloomingdales, 5300 Western Ave., Chevy Chase, Md., 240-744-3700.

V DEL SOL butterfly cut-out one-piece bathing suit ($225); SyLene, 4407 South Park Ave., Chevy Chase, Md., 301-654-4200.

BURL MARX estate ring in 18kt yellow gold ($1,150) and CHIMENTO rose and yellow gold and pavĂŠ diamond earrings ($3,460); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432.

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| MARCH

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TOP LEFT V DEL SOL rose cut-out one-piece bathing suit in green ($215); SyLene, 4407 South Park Ave., Chevy Chase, Md., 301654-4200. DOLCE AND GABBANA women’s tortoise shell sunglasses with gold logo ($365); Bloomingdales, 5300 Western Ave., Chevy Chase, Md., 240744-3700. SUNA BROTHERS Bark Bracelet 18kt yellow gold ($4,625) and 38” hammered 14kt gold necklace ($2,000); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432.

TOP RIGHT DIESEL red men’s swim trunks ($67) and ARMANI men’s sunglasses ($250); Bloomingdale’s, 5300 Western Ave., Chevy Chase, Md., 240-744-3700. BALL Engineer Hydrocarbon watch ($2, 499); Chas Schwartz & Son, Mazza Gallerie, 5300 Wisconsin Ave. NW, 202-363-5432.

BELOW LEFT ASHA DE MARCO REED COUTURE sheer brown and white striped tunic ($198) and EBERJEY zebra brown bandeau bikini ($126); South Moon Under, Wildwood Center 10247 Old Georgetown Rd., Bethesda, Md., 301-564-0995.

LIFESTYLES | TREND REPORT

BULGARI 10th anniversary special edition black wraparound sunglasses with crystal highjewelry motif. ($740). Bulgari, 5481 Wisconsin Ave., Chevy Chase, Md., 301-986-8610.

Diamond D azzle in diamonds as you let the queen of all precious stones accentuate the eternally chic appeal of black and white. From sunglasses to choker to watch, let your sparkle linger in the soft glow of the long days of summer.

LOUIS VITTON EugĂŠnie wallet ($780). Louis Vuitton, 5481 Wisconsin Ave., Chevy Chase, Md., 301-654-1101.

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TIFFANY & CO. Victoria collection in diamonds and platinum ($4,625). Tiffany & Co., 5481 Wisconsin Ave., Chevy Chase, Md., 301-657-8777.

JORGE ADELER ORIGINAL one-of-a kind pendulum diamond in 18k white gold ($39,360). Adeler Jewelers, 772 Walker Rd., Great Falls,Va., 703-759-4076.

LE TOUR MESH BRACELET by Michael Beaudry with VOSVS clarity diamonds in platinum (approx. $250,000). Chas Schwartz & Son, Mazza Gallerie and the Willard Hotel, 202-363-5432.

KAREN MILLEN OSCAR DE LA RENTA

ZENITH baby star tour billion watch with white gold case and 21 precious diamonds ($270,000). Bailey, Banks and Biddle Fashion Center at Pentagon City,Va., 703-415-8888; Fair Oaks Mall,Va., 703-385-8920; and Tysons Corner Center,Va., 703-883-1400.

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LIFEstyles | FASHION EVENT

De Beers’ Thoko Modisakeng and Rosalind Kainyah

Will Thomas and designer David Tlale

Dress to be raffled for the benefit of the Global Health Council

Dr Nikki Singh and Ensh Mohammed WL EXCLUSIVE

DE BEERS SHINING LIGHT COLLECTION Smithsonian National Museum of African Art PHOTOS BY ZAID HAMID

THE EVENT The world’s leading diamond company forged the worlds of couture fashion, precious diamonds, and social investment in a stylish night at one of Washington’s most unique museums. THE SCENE De Beers paired its traveling Shining Light Jewelry Collection with the fashion of fellow South African David Tlale. Beyond unearthing exquisite diamonds, De Beers has been active in showcasing young African talent via The Shining Light Jewelry Design Competition. First launched in 1996, t h e objective of the awards has been to provide support for the future of the jewelry industry in South African by helping to develop technical skills of designers as well as fostering an ethos for jewelry from the region. THE GUESTS Esther Coopersmith, Robert Brown, Carl Cole, Maureen Umeh, and Lucantonio Salvi.

Angela Rae and John Ashford

Sharon Patton with Shigeko and Tim Bork

WA S H I N G T O N L I F E

| J U N E | washingtonlife.com

LIFESTYLES | FASHION EVENT

Taking the long commute since 1998 LB Harvey and Katie Edge

Jennifer Keem, Dustin Huff, and Camille Huff WL EXCLUSIVE

2ND ANNUAL SHOSHANNA TRUNK SHOW Urban Chic, Georgetown and Peacock Café PHOTOS BY PETER MULLER

THE EVENT Stylemaker, designer, and Jerry Seinfeld-ex-girlfriend Shoshanna Lonstein Gruss previewed her spring collection before an audience of avid shoppers. She was joined by friend Melanie Charlton Fascitelli, author of Shop Your Closet: The Ultimate Guide to Organizing Your Closet with Style, who autographed copies of her book for fans. Guests enjoyed tiers of tasty cupcakes and rummaged through goody bags before heading off to the Peacock Café a er party. THE GUESTS Katie Edge, Rebecca Heidig, Laura Long, Garcia Cherry, Dustin and Camille Huff, and Liana Galardi.

Garcia Cherry, Katie Edge, and Rebecca Heidig

Megan Hood and Linda Buscher

Andre Maaseida and Mahrak and Shahib Farivar with Libbie Feldner

Chrissy Barnett and Jessica Nottingham

WA S H I N G T O N L I F E

| J U N E | washingtonlife.com

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WASHINGTON S O C I A L D I A R Y Night Life﹐ Over the Moon﹐ Around Town﹐ and exclusive Parties﹐ Parties﹐ Parties!

Darcy Jones and Nat Fogg head to the dance floor at The Corcoran Ball. (Photo by Tony Powell)

WA S H I N G T O N L I F E

| J U N E | washingtonlife.com

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WASHINGTON S O C I A L D I A R Y

AROUND TOWN

Parties, Parties, Parties!

Contemporia book fête, Barry Landau honored, and a Louis Vuitton preview

CONTEMPORIA BOOK SIGNING Le to right: MARK MCINTURRF signs

copies of his new book In Residence at the Contemporaria Showroom / MIGUEL BACHRACH showed off his signed copy at the a er party at L2 Lounge to DENISE and MARCAS BRUJIS. (Photos

by Betsy Spruill)

F.L.Y. ANNUAL GALA Le to right: FLY (Facilitating Leadership In Youth) co-founder and executive director CHARISSE VAN LIEW and American University president NEIL KERWIN came together at the Harman Center for the Arts for FLY’s fi h annual gala / Board Member

MICHELE TAFEL

(Photos by Tony Powell)

COMPASSION GOLF TOURNAMENT Le to right: The embassy of Chile’s CARLOS SALAS / RICK SKAGEN, GUS DIMILLO, GREG CLARKE, and HAYDEN SLOSS relax a er a day of playing in the Passion Foods Hospitality Golf Tournament, which benefited the Children’s National Medical Center.

(Photos by Kyle Samperton)

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BARRY LANDAU BOOK PARTY Le to righ and belowt: Hosts GREG NELSON and buddy ARBO celebrate Landau’s book The President’s Table at a reception and book signing. / BETTY CURRIE, guest of honor BARRY LANDAU, and KIRK HANLIN. / Below: EDEN ELLIS and CATHERINE BLAKELY(Photos by Betsy Spruill)

RAYS OF HOPE GALA SEN TED KENNEDY, ELLEN STOVALL and LANCE ARMSTRONG at the Ray’s of Hope Gala, a cancer survivors’ benefit dinner held at the Mellon Auditorium. (Photo by Paul Morigi)

LOUIS VUITTON PREVIEW IONE JAMISON and LAURA GOVAN

SIR MACCOBY KNIGHTED Swedish AMB JONAS HAFSTROM knights MICHAEL MACCOBY. (Photo by Maria Stroffolino)

WA S H I N G T O N L I F E

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LIFESTYLES | PAINT THE TOWN

Getting in Art’s Head Space Nontraditional art spaces lend themselves to thought-provoking installations

BY BETH FARNSTROM

I

f 14th Street is the new “gallery corridor,” the former Church of the Rapture (1840 14th St. NW) has to be its main entrance.

For starters, the Cultural Development Corporation’s FlashForward benefit (which we were privileged to sponsor) was held in this new it-space, where mere months before the PW Meat Market – a celebration of all things arty, gritty, and nouveau – had also been held.

Transformed from bare warehouse walls to subdued glamour with a live band and Skyy Vodka cocktails, the event was elegant and highly successful, with a laundry list of local luminaries there to support District arts initiatives (as social blogger Pamela Sorensen put it, “we don’t want these future Warhols to head to New York. We want them to stay right here”). Artists Maggie Michael, Dana Ellyn, Matt Sesow, and Regie Cabic of Sol & Soul helped raise over $100,000 for CUDC’s mission to fund local arts efforts.

The spontaneous gestalt of District arts seems to be coalescing – organizers like In Series performing arts guru Carla Hübner and the Corcoran’s Sam Sweet are mixing with patrons, painters, and purveyors of the arts.

One such connector-par-excellence, Victoria Reis of Transformer Gallery (1404 P St. NW), found the cure for these past rainy weeks in the form of Jennifer Burkley Vasher’s pharmaceutically playful exhibition, “Careful What Shelter You Choose.” Ropes of rainbow-colored assortments of pills festoon the intimate space in a Valley-of-the Dollsmeets-DNA-helix way; Vasher, who matterof-factly reveals that her family struggled with addictions, sees the almost mathematical,

spiraling wormhole she’s created as both “a rope for a lifeline or a rope to strangle oneself with” depending on whether pills are used … or abused. Reis and Marissa Long co-helmed

space a colorfully coroporeal feeling of being in an endoscope-meets-kaleidoscope.

Talking about the young folks, popular counter-culture website and District party nexus Brightest Young Things (www. brighttestyoungthings.com) – yes, On the third level it’s an Evelyn Waugh reference – of “Here and Now,” threw the ne plus ultra of relaunch Lisa Kellner’s organic, amorphous forms bashes recently. Local hero-band the clung delicately to the Apes performed, surrounded by the rafters and walls. “caught in the flash” photographic records of the year’s wildest nights (and most outrageously new-wave outfits) as picked by the crusading BYT nightlife paparrazi.

Artist Amy Misurelli Sorensen put the final charcoal touches on a bigger-than-life figure drawing piece while holding a vodka RedBull; Disco City DJ Chris Burns got the dance party going. And it all took place, appropriately enough, in the sprawling space that would host citywide art blowout Artomatic (1200 1st St. NE).

If you can’t get enough of mingling with the urban hipster in his or her natural environment, we recommend the Modernist Society’s Wonkette-approved and columnist-tested monthly affair at Bourbon (2321 18th St. NW) every final Thursday of the month. Now, is it the Here & Now weekend extravaganza, also art? Well, it’s an art forum, drawing artists and at the Church of the Rapture, which featured a critics by the tumblerful; and as we’ve stated three-floor collective of powerful local artwork, previously, it’s what the doctor ordered. The including Lisa Kellner’s breathtaking work Modernist Society – and socio-art brandings (hidden away in a crumbling fourth-floor space) in the same vein – are getting the artists out Kellner bedecked the corners and crannies with of the basement studio spaces, where they can organic – almost tumor-like – silk bubbles in blink like talented moles in the bright lights delicate shades of red, coral, and pink, giving the of human interaction. Writers, performance artists, film legends, political commentators, all brought level by the mediums of retro kitsch and velvety-smooth libations.

“THE SPONTANEOUS GESTALT of District arts seems to be coalescing”

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Please send items for Paint the Town to: columns@ washingtonlife.com.

WA S H I N G T O N L I F E

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WASHINGTON S O C I A L D I A R Y

Anne Corbett

PAINT THE TOWN

Sam Sweet and Conrad Cafritz WL SPONSORED

CULTURAL DEVELOPMENT CORPORATION GALA 1840 14th Street NW PHOTOS BY TONY POWELL

Maggie Michael and Ludmila Cafritz

Emma O’Rourke and Michaelle Giannini

Ian Joseph and Francesca Dolcimascolo

Rebecca Klem

Rana Sobhany, Ryan Moede, Qui Diaz, and Geoff Livingston

WA S H I N G T O N L I F E

| J U N E | washingtonlife.com

Mirella Levinas and Tony Podesta

Sarah Valente and Fred Ognibene

Alex Banuls and Jessica Rohn

Theo Adamstein and Olvia Demetriou

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WASHINGTON S O C I A L D I A R Y

PAINT THE TOWN

Judith and Shinji Turner-Yamamoto

Wilfredo Collazo and Jose Benitez

WL SPONSORED

PECHA KUCHA NIGHT VOL.4

Haley Carter, Alex Clarke, Libby Ellsworth Kash, and Alexandra Verville

Lo s Eleven PHOTOS BY KYLE SAMPERTON

THE EVENT “Pecha Kucha,” Japanese for “the sound of conversation” and a local arts mingler, went green in its fourth D.C. edition with a collection of environmentally-conscious presenters, headlined by artist Shinji Yamamoto. The night, organized by architects Yiselle Santos and Rouzita Vahhabaghai along with designer Bita Vahhabaghai, has been gathering a cult following thanks to the eclectic mix of creative minds that the three women gather. During each installment, artists discuss their work in 7-minute AV presentations. This time, Lo s 11 provided the perfect green se ing as they feature all eco-friendly finishes.

Want to present at the next Pecha Kucha night? Contact www.pechakucha.org.

Rouzita and Bita Vahhabaghai with Yiselle Santos

Tim Kenney and Thomas Nassif

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Hudson at 22nd and M Street Stephanie Jojokian and Gerry Coats

Victor Wallace, Vicky Smith, Tyron Johnson, and Latoya McKay WL SPONSORED

Veronica Lopez, Lillian Garcia, and Mehreen Sheikh

CAPITOL MOVEMENT PROJECT AFTER PARTY Hudson Restaurant PHOTOS BY PETER MULLER

THE EVENT Performers and fans of the Capitol Movement, Inc. (CMI) dance

Anabel Dela Cerna and Jimmy Lynn

NIGHT LIFE

company grooved into the night following their annual benefit performance for which co-founders Amber Yancey and Stephanie Jojokian mobilized a cast of over 80 dancers to entertain a packed house at Lisner Auditorium. Now in its third season, CMI has become a multi-faceted organization with outreach that includes dance scholarships, camps, classes, and workshops targeted at local schools and disadvantaged children. Find out more at www.capitolmovement.org.

Seelan Abraham and Abby Dymond

WASHINGTON S O C I A L D I A R Y

AROUND TOWN

Hats, Hares, and Honors Buskers hold sway, we remember Gogo, and the Atlantic Council makes news

BY DONNA SHOR

P

ower people galore at the Atlantic Council of the United States Award Dinner. Honorees were Britain’s Tony Blair, media baron Rupert Murdoch, chairman of the Joint Chiefs of Staff Adm. Michael G.Mullen, and world-renowned pianist Evgeny Kissin. Presenters were Poland’s former president Aleksander Kwasniewski, Spain’s former president Jose Maria Aznar, Colin Powell, Henry Kissinger, Atlantic Council’s chairman Gen. James L. Jones, and its president and CEO, Frederick Kempe. Alexis Glick of Fox News emceed. Seen amidst 800 guests (including 35 ambassadors): Paula Dobriansky, Alexandra and Arnaud de Borchgrave, Jon Ledecky, Vibeke Lofft, JoAnn and John Mason, Philip and Nina Pillsbury; Isabel and Ricardo Ernst, Ann and Lloyd Hand, Kathy Kemper, Jim Valentine, and indomitable newswoman Helen Thomas.

both paws on either side of the microphone, and in a deep baritone (by remote) told of the acts to come.The announcement – a long one – finished, he left the mike and hopped offstage, his work done.The show featured “buskers,” or street entertainers (known since Shakespeare’s time and a millennium before), some comedy fishwives, magic acts, the Guiness Book of Records’ “fastest balloon artist,” and a spectacular juggler.

Seen: co-chairs Ken Ludwig and Adrienne George, Folger director Gail Kern Paster; John Irelan,Mary Weinmann, John Gleiber, Susan Bower, Evelyn Nef and Jim Kimsey.

PARTY KALEIDOSCOPE JoAnn Mason honored the wives of two former ambassadors briefly in town, Anne Bujon de l’Estang (France) and Annamarie Salleo (Italy), inviting a score of D.C.’s A-list ladies for luncheon, including Mirella Levinas, Lucky Roosevelt, Alma Powell, Barbara MAGICAL NIGHT AT THE FOLGER Harrison, Alma Gildenhorn, Jacqueline As the emcee was announced at the Folger Leland, Alexandra DeBorchgrave, Mary Shakespeare Library Gala dinner, a large white Ourisman, Aniko Gaal Schott, Isabel Ernst, rabbit ambled onto the Elizabethan stage, climbed Sedi Flugelman, Ina Ginsburg, and Hilda stairs to a small platform, stretched up to place Brillemburg … Veronica Valencia-Sarukhan, the wife of the ambassador of Mexico, hosted members of Arts For the Aging at the Mexican Cultural Institute. Cochairs were Nazan Kirdar and Anna Maria Via, who had a busy week, as she and husband Giorgio entertained most of the Italian embassy for dinner at their home, including the ambassador of Morocco and his wife, Maria Felice, who Jane Sloat Ritchie, Christine Reed, and Victoria Lombardo, is Italian …. “She’s the winner of the “Show Stopper” category of the Hat Contest at the

sexiest 92-year-old I know” said a guest (male) at Richard and Mary Moore’s patron’s party for the Georgetown House Tour, speaking of Frieda Burling, who makes no secret of her age. The tour’s longtime organizer, she gently commandeers display homes. “You can’t say no to Frieda,” said one householder.”

DECATUR HOUSE EXHIBIT A gala dinner previewed a ground-breaking exhibit at Decatur House, displayed in the building’s former slave-quarters. It sheds light on the joys and sorrows of the historic AfricanAmerican community in this shadow of the White House. Many African-American artifacts are included from sport’s star Chris Webber’s extensive collection. Guests were welcomed by Thomas R. Pickering. Togo West, Jr. (co-chair of the dinner with wife Gail) spoke eloquently on the significance of the display on this 145th year of the Emancipation’s signing. Supporters included Marcia and Frank Carlucci, John Irelan, Janet Howard, Sally and John Chapoton, as well as Tricia and Frank Saul, who co-sponsored the exhibit with the Coca Cola Company.

REMEMBERING GOGO The 140-voiced Washington Chorus has seldom sounded as magnificent as one recent afternoon at Kennedy Center. The late Gogo (Mary Louise) Kiplinger, a wise and witty woman, beloved of all her friends, was a staunch supporter of the chorus, which dedicated this concert to her.The many friends who gathered were greeted by her husband Austin and son Todd, while son Knight, a longtime chorus member, and wife Ann, whom he met there, added their voices to the moving tribute.

Readers wishing to get in touch with Donna can email: columns@washingtonlife.com

20th “Perennial” Garden Party at Woodrow Wilson House.

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WASHINGTON S O C I A L D I A R Y

AROUND TOWN

Historic Housewarming

BY REP. STEPHANIE TUBBS JONES

T

he Congressional Black Caucus Foundation, Inc. (CBCF) recently marked a significant moment in its history: full and outright ownership of its headquarters building at 1720 Massachusetts Avenue, NW. By retiring the mortgage on its headquarters, CBCF joins a select few AfricanAmerican non-profit organizations to own their buildings in the District. This permanent home will serve as a symbol of the ongoing work of the CBCF: to broaden and elevate the influence of African Americans in the political, legislative and public policy arenas.

We celebrated the acquisition of our building at the historic residence of the Turkish Ambassador on April 29, and the event reinforced an important relationship between the Turkish

people and the African-American community.

The late Ahmet Ertegun, founder of Atlantic Records, lived there for nearly a decade from 1935 to 1944, while his father, Munir Ertegun, was the Turkish ambassador. It was here that Ahmet’s appreciation for the African-American experience was born, and he hosted jazz and blues sessions at the residence for integrated audiences, which challenged the era’s strict racial segregation laws. He went on to build one of the most renowned recording labels in American history, and by doing so, helped to bring the Turkish and African-American communities together.

This special bond was reiterated by Turkish Ambassador Nabi Sensoy, who said, “Our common mission is bringing down the walls

that might divide us, and instead creating settings that unite us as we build a future for our children that is free from misunderstandings, strengthened by dialogue and reinforced by mutual respect.”

Rep. Tubbs Jones I speak for all the supporters of the CBCF when I express our sincere gratitude to Ambassador and Mrs. Sensoy for their gracious hospitality – and applaud the Republic of Turkey and the African-American community for coming together decades ago to challenge segregation, and now to celebrate CBCF’s historic acquisition.

WL EXCLUSIVE

CONGRESSIONAL BLACK CAUCUS FOUNDATION PARTY The Turkish Ambassador’s Residence PHOTOS BY TONY POWELL

Rep. Stephanie Tubbs Jones, William Clay, Rep. William Jefferson, and Louis Stokes

Rep. Mel Watt

Süleyman Gökçe and Lisa Anderson

WA S H I N G T O N L I F E

Elsie Scott, Turkish Amb. Nabi Sensoy, Gülgün Sensoy, and Rep. Kendrick Meek

| J U N E | washingtonlife.com

Chip Ellis, Charlotte Fox, and David Mercer

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WASHINGTON S O C I A L D I A R Y

AROUND TOWN

Carla Perlo and Richard Pilkinton

Ruth and LaSalle Leffall Jr.

Susie and Murdoch Matheson

RUTH BUCHANAN’S BIRTHDAY

Ruth Buchanan and Rusty Powell

Private Club PHOTOS BY KYLE SAMPERTON

BY KEVIN CHAFFEE

Gene Quinn, Lynly Boor, Tom Quinn, and Charles Cudlip

THE EVENT Celebrating Ruth Buchanan’s 90th birthday — at a location which cannot be revealed due to “club rules.” THE SCENE Old Guard Washington turned out to honor one of the capital’s last grande dame society hostesses with cocktails, dinner (served on a very special porcelain service flown in from San Francisco by the birthday girl’s daughter, Diana “Dede” Wilsey) and lots of dancing, which just happens to the sprightly nonagenarian’s greatest joy — especially when there’s a stag line of “about 12 guys.” THE GUESTS Son Wiley T. Buchanan III and his wife Janis, daughter Bonnie Matheson and a ballroom full of various grandchildren, great-grandchildren and other Buchanan, Traina, Swanson, Ohrstrom, Matheson, Wheeler and Hilliard relations. Also spo ed: Lucky Roosevelt, Mary Weinmann, Eileen Roosevelt Aitken, Elinor Farquhar, John Damgard, Jan and Tazewell Shephard, Mary Ann Stoessel, Jan Evans, Robert and Sylvia Blake, Be y Burton and Rusty Powell.

Janis and Wiley Buchanan

John Traina, Leith Mclean, and Michael Sullivan

The guest of honor’s great grandchildren

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Linda and Rick Stifel with Lilla Ohrstrom

John Hoskinson and Louise Williams

WA S H I N G T O N L I F E

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WASHINGTON S O C I A L D I A R Y

Ruyuh Wu, Rep. Donna Christensen, Rep. G. K Butterfield, and Chief Rep. of Taiwan Joseph Wu

AROUND TOWN

DC's Best Entertainment

Shin-Wen Kuo

WL EXCLUSIVE

Big Ray & The Kool Kats

TWIN OAKS 120TH ANNIVERSARY CELEBRATION

Modern Bride's Top 100 Wedding Bands 2005, 2006, 2007 The Midnight Movers

Twin Oaks Estate

Wilson Pickett's legenday backup band

PHOTOS BY KYLE SAMPERTON

THE EVENT This historic 26-room Georgian Revival mansion has seen its fair share of dinner parties and this night was no exception. Built in 1888 by National Geographic Society founder Gardiner Greene Hubbard, Twin Oaks later became the official residence for Republic of China (Taiwan) ambassadors and representatives to the U.S. THE SCENE A who’s who of U.S.-Taiwanese bi-lateral relations savored a delicious seven-course Chinese meal and viewed Gary Landsman’s photographic exhibition of the home. THE PEOPLE Taiwan’s Representative Joseph Wu; U.S. Reps. Donna Christensen, Madeleine Bordallo, G.K. Bu erfield, Bill Sali, and Gus Bilirakis; and former U.S. envoys William Brown, Nat Bellocchi, James Lilley, and Harvey Feldman.

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WASHINGTON S O C I A L D I A R Y

OVER THE MOON

Angels in Hunt Country Middleburg citizens give back munificently to the community

BY VICKY MOON

Honor Roll We have many angels in Middleburg who are generous – and not just with their money but also with their time. Former Nixon and Ford Assistant Secretary of Commerce Lang Washburn and his wife Judy have donated to numerous local charities. In addition to writing a check, the Washburns roll up their sleeves and gather objects for a charity auction at Hill School, stand in the sun to take tickets for the Trinity Church stable tour, and address invitations for fund raisers.

One of the Washburn’s pet projects is the Windy Hill Foundation, on the west end of the village, which offers low income housing along with after school and tutoring programs. And in the “you can never tell when an angel will arrive’ department, consider the late John Levis.

He began fixing broken pipes at Windy Hill, and when he died in 2005, his estate generously provided new housing for the elderly with what is now called Levis Hill House. His long-term commitment to the community also includes an endowment fund at Hill School.

A Good Sport Manuel Johnson is a co-chairman and senior partner at the Washington-based investment firm of Johnson Smick International. He formerly served on the Federal Reserve System board and

Judy and Lang Washburn

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The Hill School

as assistant secretary of the treasury. His generosity extends to serving as president of the prestigious Upperville Colt and Horse Show and as chairman of the board at the National Sporting Library.

The sporting library, co-founded in 1954 by George Ohrstrom, Sr., and housed in a handsome white washed stone adaptation of a carriage house, has a 15,000 volume collection of books, covering all horse-related disciplines as well as shooting, angling, and the sporting arts. The Ohrstrom Family continues to be supportive, as is Jacqueline Badger Mars.

Many Benefactors Mars is also among the philanthropists listed across the street at the stately Middleburg Community Center. Here, youngsters gather on Halloween and Easter, revelers dance at the hunt ball, and swim lessons and antique shows are offered. It is a beloved cause of many benefactors in the hunt country.

Maggie Bryant, her family, and the Bryant Foundation donate to numerous charitable entities in Middleburg.Washington real estate guru Robert Smith, who lives at Heronwood Farm in Upperville, munificently supports many local charities, as does Sheila Johnson, who donated the Sheila C. Johnson Performing Arts Center at Hill School. Later this fall, she will open her Salamander Farm for a fashion show to benefit Windy Hill.

Reading on Reed Over on the aptly named Reed Street, devoted bibliophiles dedicate time and money at the Middleburg Library.Writer Marc Leepson served as president for ten years:“We have a very impressive response rate of 50 percent when we send out our annual fund raising letter,” he says.

“It just shows the tremendous and widespread support the community has for our small gem of a library.”

For the purposes here we have reviewed charities within the village. In the bigger picture of philanthropy, there are groups faithful to preserving the countryside and saving dogs and horses. Any omissions are totally unintended, and let us not overlook the many contributions of “Anonymous.”

I recently received an email from Helen Wiley, who allocates tedious hours to worthy causes.

“Fire department meeting here at 11 and horse show meeting at 5,” she said. The Middleburg Volunteer Fire Department, Inc. (which includes the Rescue Squad) is a non-profit organization with approximately 35 volunteer members.“We’re doing a fund raiser in November at Hill School: “Sip and Savor,” with tastings of local restaurants, breweries, and wineries.”

The co-chair of the event? Judy Washburn.

Readers wishing to contact Vicky Moon can email: columns@washingtonlife.com.

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HOME LIFE

inside homes﹐ real estate news﹐ histrorical landscapes﹐ and open house | Saving Money with New Mortgage Regulations

PEEBLES’ PRIORITIES

A 1929 Jacobean revival provides the perfect setting for Don and Katrina Peebles’ contemporary art … and their young family Romanesque decorative brickwork is cleverly employed to creates a focal point for the garden terrace.

BY CHRISTINA WILKIE PHOTOGRAPHY BY JB YONG P H O T O G R A P H Y A S S I S T A N T S L E A H A P P E L L B E T H B R A D L E Y A N D M A R T I N F O U S E K

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The architectural style of the house is Jacobean revival, which juxtaposes Renaissance-era arches and terraces with such traditional Tudor elements as half-timbering and small, rectangular windows.

eal estate developer and author Don Peebles writes in his recently published business memoir, The Peebles Principles: Tales and Tactics from an Entrepreneur’s Life of Winning Deals, Succeeding in Business, and Creating a Fortune from Scratch, that one of the most important lessons he learned while growing up with his mother in Northeast Washington was to be “generous in victory.”

Today that sage advice reads like an uncanny prophesy, for the young man who would go on to become America’s most successful AfricanAmerican real estate developer by the time he was in his mid-forties. Now 48, Peebles has built his namesake company, the Peebles Corporation, into a powerhouse development firm – its current portfolio of projects is valued at $4 billion. But his public victories tell only part of the story of what this CEO is all about.

Peebles, together with his wife of nearly two decades, Katrina, exemplifies the next generation of philanthropists; an independent, can-do generation, whose vision and values are only beginning to be felt on a large scale. Grounded in the principles of his early mentors and role models who,“never saw any limitations on what I could accomplish,” Don is guided by a desire to leverage his philanthropy to help create a more level playing field, whether

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by providing entrepreneurship programs for urban youth or by supporting research into (traditionally under-funded) women’s cancers.

Situated atop a sloping hill at the end of a quiet cul-de-sac in Massachusetts Avenue Heights, the Peebles’ 8,500-square-foot residence is an excellent example of early twentieth century Jacobean revival architecture. The exterior is a combination of stone and stucco with iron and wood accents, and graceful arches, terraces, and turrets of the neo-Jacobean style. Despite living in Miami for for much of the year, Don is a native Washingtonian, and it’s important to the couple that they maintain their connection to the city where Don has a large extended family and numerous business interests.

When the Peebles found the house and closed on it in Spetember of 2007, they decided to forego the traditional interior design one might expect in a residence from this period.

They set out instead to fill it with light and art.

The interior is a reflection of Katrina’s role as “the family curator,” as well as the couple’s love of contemporary art and sculpture, and their appreciation of simplicity. The artwork was conveniently available thanks to a house they had recently sold in Santa Fe, New Mexico, leaving Katrina free to design the interior around the art,

Real estate developer Don Peebles and his wife Katrina.

which she did without the help of a decorator.

Throughout the ground floor, the clean lines and neutral shades provide a perfect backdrop for the colorful feast of paintings and sculptures. As a result, even the windows feel like art.

The dark stain of the floors is carried throughout the entire first level of the house, where it absorbs light from the strong Southern exposure and effectively neutralizes the diversity

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HOME LIFE | INSIDE HOMES

of wall materials that are common in the Jacobean revival style. The walls of the media room and study were done in stone, the dining room in a broad paneling, and the living room in stucco and beam. At either end of the first floor are doublehigh, circular, turreted spaces, one of which serves as Don’s study, and the other as a family room.

Even more than the formal living room, Don’s study exemplifies how easy it can be to minimize distractions in order to maximize the effect of artwork.This principle is a key to creating rooms where art can successfully take center stage, and it requires the practice of disciplined restraint with regard to everything from throw pillows, print fabrics, and family photos to books, electronics, and flowers. When executed properly, the effect can be simultaneously energizing and soothing.

The balance that Katrina has achieved in the interior of the house reveals something of her personal qualities.Trained in journalism and marketing, she grew up all over the world and has served as a marketing associate to Don since the early 1990’s. More recently, she has assumed responsibility for the family’s philanthropic priorities, while simultaneously caring for their two children, Donahue, 14, and Chloe, 5, fulltime.“I don’t believe in ‘quality’ time,” she says of child-rearing,“I just believe in time.You’ve got to

go out there and…do whatever [your children] like to do; share your time, whenever you can.”

Family time was a large factor in the couple’s recent decision to try to spend more time in Washington as their children get older. Katrina loves the accessibility of the city for teenagers, and Don particularly appreciates the family ties they have here, as well as the District’s mid-point proximity to Bridgehampton, N.Y. and Coral Gables, Fla., where the couple also has homes. The family is in a period of transition right now, Don says, and this house may not be right for them at their current juncture. While officially on the market, Don has mixed feelings about selling the house. “A part of me hopes it doesn’t sell,” he confessed “then we can really enjoy it for a few more years.” Unfortunately, this property is a rare find, and even in the face of a general real estate slump, offerings in the highest brackets of the market have continued to sell briskly this year.

Perhaps another, less obvious reason for the Peebles’ love of Northwest Washington is that this is where Don and Katrina met, one afternoon in the fall of 1990, on M Street N.W. As Don describes it, he was driving towards the Key Bridge when he spotted Katrina, who was

walking into the salon where he usually had his hair cut. He looked at her, and “she didn’t look away, so we sort of flirted from afar.” Don quickly determined that he needed a hair cut right away, so he changed his plans, and made sure that he and Katrina “bumped into” each other as she was walking out the door of the salon. Their first date was at the Four Seasons that same evening, and they were married two years later.Today, after almost 20 years together and two beautiful children, Don still lights up as he tells the story of their courtship.

Regardless of their precise address, the Peebles plan to be a part of the fabric of Washington for a long time. In addition to his current properties, which include the Courtyard by Marriott Convention Center and 2100 Martin Luther King Jr., Avenue, Don is hoping to start a hedge fund based in the District, that will invest in small to mid-range real estate developers (as he himself once was) and allow them to benefit from Peebles Corp.’s access to capital and institutional relationships. Projects like this are indicative of a new brand of socially responsible investment that Peebles believes in, and practices.“If I can be part of the revitalization of an economically depressed neighborhood, and it’s a sound investment, too, then I think that’s the best of both worlds.”

Top: The formal living room and orangerie are good examples of the dramatic effect of artwork in a space where other accessories are kept to a minimum. Above: The wine cellar has a built-in refrigerator; the decorative chandelier creates a focal point in the center of the room.

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HOME LIFE | OPEN HOUSE

Modern Meets Marvelous Some of the area’s most intriguing architecture is on the market

ARCHITECTURAL APPEAL

CHESTERFIELD LANE NW WASHINGTON DC

Built in 2004, this contemporary house is sited on a hill overlooking parkland. Located at the end of a culde-sac, the residence features five bedrooms, five and a half bathrooms, and light colored maple wood throughout. Over 400 windows flood this home with natural light and the chef ’s kitchen is outfitted with stainless steel appliances and granite counters. Panoramic views from both family room and master bedroom. Complete in-home spa and gym with sauna and steam shower. Landscaped gardens and terraces surround a two-car attached garage and driveway.

ASKING

LISTING AGENTS Jonathan Taylor 202-276-3344

Michael Rankin 202-271-3344

Tutt, Taylor & Rankin Sotheby’s International Realty

LUXURIOUS LOFT TH STREET NW WASHINGTON DC

This contemporary condo features 3,800 square feet on three levels with two bedrooms, three baths and exquisite architectural details throughout. A private elevator opens to a gallery-length entry hall, living room and den, Hansgrohe full bath, high ceilings, floating staircase and domed sky-light. The kitchen features stateof-the-art appliances, and the master-suite on first floor includes a separate entrance and en suite bathroom with sitting and dressing areas and washer/ dryer.The second floor bedroom offers a full bath, walk-in closet, built-in shelving and balcony with city views.The third floor provides storage and access to the roof with panoramic monument views.

ASKING

LISTING AGENTS Terri Robinson 202-966-6223

Tony Borgia 202-365-8423

Georgetown Long & Foster

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POTOMAC

Spectacular newly constructed masterpiece in the Palatine neighborhood with over 16,000 square feet of elegant interior living space on four above-grade floors and four exterior terraces. $4,950,000.

Kimberly Casey 202.361.3228 Daryl Judy 202.380.7219

FOREST HILLS

FOREST HILLS

CHEVY CHASE

MCLEAN, VA

WEST END

Executed in the Exceptional estate tradition of Frank in the heart of Lloyd Wright, this Chevy Chase Village residence offers built in 1927. This approximately field-stone house 11,000 square feet of has beautifully luxurious living space proportioned public in a spectacular setting. rooms and ample The house presents a handsome exterior, without suggesting bedrooms, staff quarters & informal spaces. $4,600,000. its four-stories found within. $4,750,000.

J.P Montalvan 301.922.3700 John Mahshie 202.271.3132 Michael Rankin 202.271.3344

Modern masterpiece, Inspired by a built in 2004, fifteenth century quiet cul-de-sac French château, location. Incredible this extraordinary 180 degree family 27,000 square room and master foot home has six bedroom, 415 total luxurious bedroom windows with suites, 7 fireplaces, exquisite parkland views. Extremely functional in elevator, ballroom, formal and informal dining design and layout. $3,895,000. rooms and a mahogany paneled library. $17,500,000.

Jonathan Taylor 202.276.3344 Ruth Ellis-Morillo 703.582.4254 Michael Rankin 202.271.3344

GEORGETOWN

Detached contemporary home recently redesigned by renowned architect Outerbridge Horsey. Gardens designed by Jane MacLeish complement this home in which every aspect of renovation was done with the utmost quality. $2,950,000.

Julia Diaz-Asper 202.256.1887

GEORGETOWN

This handsome federal townhouse in the heart of the East Village is rich in architectural history and details.

There are spacious rooms for elegant entertaining and a lush garden & patio on the main level perfect for al fresco dining. $2,495,000.

Julia Diaz-Asper 202.256.1887

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KALORAMA HEIGHTS

GEORGETOWN

Perfectly sited on an exclusive two block street in one of Washingtonâ&#x20AC;&#x2122;s most desirable neighborhoods.

This 3-story residence has exceptional style and grandeur, great privacy, terraces and pool. $10,000,000.

Jonathan Taylor 202.276.3344 Michael Rankin 202.271.3344

CLEVELAND PARK

Magnificent penthouse residence in the exclusive RitzCarlton. 3BR/ Den/3.5BA on three levels, three private terraces, 3,400 sq ft of customized luxurious interior space. Arguably the best renovated unit in the building. $3,400,000.

Jonathan Taylor 202.276.3344 Michael Rankin 202.271.3344

Sophisticated Federal row house, prime East Village location, renovated and remodeled.

Nearly 4,000 finished square feet, five bedrooms, five and one half bathrooms, newly constructed rear garden and patio. $2,495,000.

Jonathan Taylor 202.276.3344 Michael Rankin 202.271.3344

PENN QUARTER

Sensational semiMagnificent condo detached home with with over 2,000 sq inviting columned ft of living space front porch, three which includes a bedrooms, three full 900 sq ft private baths and one half terrace. Two bath. Finished 3rd bedrooms and two level attic, living full baths with room with fireplace and a separate dining room. 1-car resort like amenities at the Clara Barton. Only a garage. $1,100,000. short walk to the US Capitol.

Julia Diaz-Asper 202.256.1887 Brent Jackson 202.263.9200 Rob Sanders 202.744.6463

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HOME LIFE | OPEN HOUSE

“RINGSIDE”

ABINGDON ROAD BETHESDA MARYLAND

“Ringside,” a Bauhaus-styled 1938 residence sits on 2.6 acres, with beautiful views of the Dalecarlia Reservoir. This modern residence is accessed by a private drive, and offers ample guest parking. A rear terrace with a southern exposure leads to the reservoir, lawn, pool and tennis court. The house is approximately 9,000 square feet, and features five to six bedrooms, six full and two half baths, a finished lower level, and an attached two car garage. The residence is especially well-suited to entertaining and the kitchen/family room was redone last year. The property has been featured in numerous architectural and design publications.

ASKING

LISTING AGENTS Heidi Hatfield 202-243-1634

Anne Hatfield Weir 202-243-1635

Washington Fine Properties

BOWLING GREEN FARM C SOUTH MAIN STREET BOWLING GREEN VIRGINIA

Having once hosted George Washington, this pre-Georgian brick colonial sits upon 126 acres. One of the oldest original homes in Virginia, it contains five bedrooms, four baths, nine fireplaces, and two 40-foot porches, and has been restored and updated with modern amenities that allow the colonial atmosphere of the home to remain intact. There is a two acre front lawn lined with old-growth cedar trees, 265 year-old boxwoods, colonial garden terraces, pastures, and woods.The property is a Virginia Historic Landmark and is located in Caroline County, just south of the town of Bowling Green.

ASKING

LISTING AGENT Frank Hardy 434-296-0134 Frank Hardy, Inc. Realtors

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Selling the Area’s Finest Properties and Historic Landscapes

English Manor Chevy Chase/ Kenwood. Authentic Tudor colonial with beautifully landscaped gardens: grand foyer, large living room with fireplace, baronial dining room, huge family room with fireplace, kitchen with breakfast room, double garage; 4 bedrooms and 3.5 baths. $2,545,000.

Ted Beverley- 301-728-4338; Pat Lore- 301-908-1242, 202-364-1700

Arts & Crafts Gem Chevy Chase, D.C. Fabulous Craftsman colonial circa 2006, and backing to parkland has dramatic rooms, high ceilings, pine floors: foyer, living room with stone fireplace, dining room, huge family room and adjacent screened porch, country kitchen; 5 bedrooms and 5.5 baths, a rec room and home office; 2-car garage. $1,995,000 Nancy Wilson- 202-966-5286; 202-364-1700

Enchanting Victorian Old Somerset/ Chevy Chase. Historic and inviting, this vintage home offers a wraparound porch, cupola and large interior: living room, study, dining room, family room and big country kitchen with sitting room; 5 bedrooms and 3.5 baths.

Walk to Metro, shops, pool and tennis. Guy-didier Godat202-361-4663; 202-364-1700

Rosedale Cottage Cleveland Park. Romance and history are yours in this captivating cottage colonial with entry foyer, living room with fireplace and Cathedral views, dining room, country kitchen, bedroom with fireplace and full bath; a study, two MBR suites with fireplaces and baths on second; beautiful outdoor spaces. $1,999,000. Pat Kennedy-202-549-5167; 202-364-1700

Living Beautifully Bethesda/ Bannockburn. Magnificent colonial by Bell Builders: grand foyer and staircase, living room with fireplace, dining room, designer kitchen and family room with fireplace; 5 bedrooms, 4.5 baths, lavish MBR suite, huge deck overlooking trees. $1,695,000. Ellen Rodin- 202-255-9411; Beverly Nadel- 301-986-8670, 202-364-1700

Grace & Style American University Park. Beautifully renovated colonial with through center hall, living room with FP, separate dining room, powder room, fabulous cook’s kitchen opening to terrace and landscaped backyard; 4 bedrooms and 2 baths up; lower level family room with fireplace; detached garage. Walk to Metro and shops. $949,000 Ian Wakefield- 202-207-7474; 202-464-8400

Spacious & Gracious Bethesda/ Kenwood Park. Fine colonial on huge lot has circular foyer, living room with fireplace, formal dining room, country kitchen, family room with fireplace and doors to deck and garden; 6 bedrooms and 4 baths; lower level rec room and fireplace; 2-car garage. $1,349,000 Linda Chaletzky301-320-0871; 202-364-1700 Kalorama Penthouse Kalorama/ The Carthage.

Refreshing, renovated apartment with commanding city views, large balcony, living room, dining room with fireplace, MBR suite, study, 1.5 baths, eat-in dream kitchen with views, desk area; custom builtins; parking. $895,000 Martha Williams202-271-8138; Marjorie Johnson- 301-332-8040; 202-364-1700

Serene & Stately Chevy Chase, D.C. Graceful through center hall colonial with designer gardens: graceful foyer, living room with fireplace, solarium opening to patio and grounds, dining room, updated kitchen and breakfast room; 4-5 bedrooms, 3.5 baths; lower level rec room with fireplace. $1,060,000 Nancy Wilson202-966-5286; 202-364-1700

Chevy Chase

Dupont

 Jenifer Street NW  nd Street NW Washington, DC  Washington, DC  -- --

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HOME LIFE | REAL ESTATE SPOTLIGHT

MORTGAGE CHANGES?

LET’S TALK ABOUT IT How you can save money thanks to Congress’ economic stimulus package

BY JASON R GOLD

T

he costs of home mortgages in Washington, D.C. just came down. This is the result of temporary changes in Federal economic stimulus packages, which have allowed government sponsored entities, such as Fannie Mae and Freddie Mac, to raise the limits on loans they are allowed and are willing to buy.

Previously, loan limits went up to $417,000 for a single family home nationwide.This was never a problem for most areas of the country where the average home loan was below $417,000. However, in the Washington, D.C. area over the last 7-10 years, homeowners have seen unprecedented appreciation. That has meant being saddled with jumbo mortgages, which carry higher costs via the interest rate.

The new loan limit for our area, as determined by the Department of Housing and Urban Development, is $729,750. This represents the maximum loan amount available for a single-family property, nationwide. The amounts for 2, 3, and 4 unit limits have been raised proportionately as well.

A notable change was also made by the Federal Housing Authority (FHA), which raised its new limits to $729,000.This is significant because the FHA fills some of the void from the credit crunch, allowing more liberal guidelines and higher loan values, which translate into lower down payments, or more cash out.

The primary desired effect allows homeowners to refinance

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their jumbo mortgages.With the changes, lawmakers intend to bring affordability and liquidity back to high cost areas. The secondary effect comes via another provision, which raises conforming loan limits retroactively to July 2007. This will allow banking institutions to sell jumbo loans in their portfolio to Government Sponsored Enterprises (GSEs are a group of financial services corporations created by Congress to enhance the flow of credit to targeted sectors of the economy). This will, in turn, free up more capital to make new loans at these new limits.

HOW BORROWERS ARE AFFECTED Take the example of “Lisa,” a first time homebuyer, who, a year ago, was buying a $700,000 condo in Penn Quarter. If she put down 10 percent and had a loan amount of $630,000 in one loan, she would have had a 30-year fixed interest rate of around 7.5 percent.That would mean a principal and interest payment of $4,405. If Lisa goes to buy that condo one year later at the same $700,000, she would only have to put down 3 percent. She would have a 30-year fixed loan of $679,000 with a rate of 5.875 percent resulting in a payment of $3,726.The differences are dramatic.

Lisa puts down $49,000 less and her payment is $679 less than the smaller loan.

Let’s also say Lisa is so happy she tells her dad about this. Dad is an existing homeowner on Massachusetts Avenue NW. He has a $2,000,000 single family home, and owes $725,000 on a 5-year, interest

WHAT Changes in conforming loan limits for residential mortgages

WHERE The Washington, D.C. greater Metropolitan area WHY Part of Congress’ stimulus package only adjustable rate mortgage (ARM). Dad got this mortgage three years ago and has another two years until the ARM comes due to reset. His interest rate is 7.75 percent. He currently has an interest only payment of $4,682. Now he can re-finance that loan into a first 30-year fixed for $725,000 at 6.125 percent, which is a principal and interest payment of $4,434. Dad’s payment went down almost $250 a month and he is now fixed for 30 years and paying principal every month. A much better situation all around.

WHAT DOES THIS MEAN GOING FORWARD? This will help borrowers on a couple of different fronts. One is the intention to spur potential buyers into the market due to the new loans. Cheaper rates equal less payment. Borrowers who once sat on the fence now may consider buying if that same payment for a house they like is several hundred dollars a month less than before.

Current homeowners – those with mortgages between $417,000 and $1,500,000 – would be prime candidates to refinance their loans resulting in potential savings of hundreds, even thousands of dollars a month.

The next time you have a few minutes, look at your mortgage statement and call your banking professional to see if these changes have helped you.

Jason Gold is a mortgage specialist with Bank of America Mortgage, 1801 K Street NW, 4th Fl., 202-624-3768.

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LONG & FOSTER REALTORS

BETHESDA 2003 CUSTOM COLONIAL. Elegant 2-Story Foyer with Interior Balcony/Gallery, Serene Living Areas, Gourmet Kitchen, Rosewood Floors. Superb Master Suite, Dressing Area, HUGE Walk-In Closet; 5 more Bedrooms, each with Bath. Amazing Media, Fitness, Recreation Rooms. 3-Car Garage; Beautiful Landscaping. $1,999,999 Dianne Bailey 301-980-5354 Chevy Chase Office 202-363-9700

UPPERVILLE This sumptuous French Provincial home combines Old World elegance with modern sophistication and boasts a gourmet kitchen, sun-filled rooms, opulent architectural details and expansive space for entertaining. Terraced slate patios, a glorious pool, a formal courtyard and sweeping views of the bucolic countryside further enhance this nearly 8 acre estate, located just 31 miles from Dulles International airport and 49 miles to Washington D.C. $1,980,000. www.horsefarmsandcountryhomes.com Cindy Polk 703-966-9480 Middleburg Office 540-687-8530

“FORREST LANDING” EASTON, MD

Early 1900’s Georgian home on 605+ acres. Spacious home features 6 bedrooms including 5 suites and servant’s quarters, 6 ½ baths, 7 fireplaces, living room, expansive dining room, kitchen with butler’s pantry, den, and sitting room. Property boast pool, beautiful gardens, tennis court, dock with boat house, outbuildings including barn, stable, fenced pasture, kennel, greenhouse, shed, corn barn, guest house, and tenant houses. 4’+MLW and 5,000+/- of water frontage on Pickering Creek. $19,685,000.

Cliff Meredith 410-924-2274 Easton Office 410-822-6272

BETHESDA/AVENEL Luxury living at its finest! Custom built executive retreat on 2.3 acres backing to parkland in soughtafter Avenel. Generously proportioned entertaining spaces include the 2-story chef’s Kitchen and Great Room, formal Living & Dining Rooms and walkout lower level. The all-ensuite bedrooms include an Owner’s wing on the first floor, complete with a luxurious bath, and direct access to the terrace & pool. $3,549,800 Cindy Souza & Anita Tauber 301-493-9878 Democracy Center Office 301-564-4900 17 16.5 16 15.5 15 14.5 14 13.5 13 12.5 12 11.5 11 10.5 10 9.5 9 8.5 8 7.5 7 6.5 6 5.5 5

Georgetown 202.944.8400 Friendship Heights 202.364.5200 Chevy Chase 202.363.9700 C h ev y C h a s e / Upt ow n 2 0 2 . 3 6 4 .13 0 0

®

POTOMAC The perfect place to entertain! Custom-built 6 BR/6 BA colonial on 2 gorgeous acres near Potomac Village. Renovated throughout, it has a stunning 2-story Foyer with curved staircase, 1st floor Bedroom, sunny Gourmet Kitchen, Master Suite with Jacuzzi, and walkout Lower Level w/wet bar. You will love the 3-tiered patio and extensive landscaping. 3-car Gar. $1,979,800.

Cindy Souza & Anita Tauber 301-493-9878 Democracy Center Office 301-564-4900

GEORGETOWN Restored 1876 Classic, featured on Georgetown House Tour. 4 bedroom, 3-1/2 bath, family room, au-paire suite with 2nd kitchen. Exquisite garden with fountain, fireplace and detached garage. $2,995,000 Terri Robinson 202-607-7737 Georgetown Office 202-944-8400

30-Year Fixed Mortgage Rates National Yearly Averages

16 .6 3 16 .0 4

for conventional mortgage balances below $417,000 13 .8 8

Call Prosperity Mortgage 202-339-9218

13 .7 4 13 .2 4

12 .4 3

11.2 10 .2 1

10 .3 4 10 .3 2

10 .13

10 .19 9 .6 4 9 .19 9 .0 5

9 .2 5 8 .8 7

8 .8 5 8 .3 9

8 .3 8

8 .0 4

7 .9 3 7 .3 1

7 .3 8

Line indicates rate on 5/8/08 6.05%

8 .0 5 7 .8 1 7 .6 6 .9 4

7 .4 4 6 .9 7 6 .5 4 5 .8 3 5 .8 4

6 .4 1 6 .3 4 5 .8 7 6 .0 5

19 72 19 73 19 74 19 75 19 76 19 77 19 78 19 79 19 80 19 81 19 82 19 83 19 84 19 85 19 86 19 87 19 88 19 89 19 90 19 91 19 92 19 93 19 94 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08

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Issued May 12, 2008

“LANGDON” FARM SHERWOOD, MD

18th Century brick colonial is a true treasure of Talbot County. The highest level of craftsmanship is noticed in the elaborate moldings, fireplaces w/ carved mantels, bookcases, and hand-painted wallpaper throughout the 10,000+/- sq.ft home.

The property embraces the Shore w/ broad water views, dock & deep water, beautiful gardens & spectacular landscaping. $15,500,000. Video tour available.

Cliff Meredith 410-924-2274 Easton Office 410-822-6272

TRED AVON WATERFRONT EASTON, MD

16+ acres, 1200’+/- of water frontage, dock with boathouse, pool, patios and sprawling lawns. Main house features 5 bedrooms, 5 baths, 2 half baths, gourmet kitchen, living, dining, family, den, and sitting rooms with broad views. Interior displays a high level of craftsmanship with large crown moldings, 10’+ ceilings, tray, box, and beamed ceilings, wainscoting, and 9000+ square feet.

Numerous outbuildings including 2 guest houses, barn, shed, and ample storage. $10,950,000.

Cliff Meredith 410-924-2274 Easton Office 410-822-6272

ALEXANDRIA Located next to the Mt. Vernon Plantation, this gated Estate is surrounded by the same natural beauty which was enjoyed by President George Washington. This expansive three-story estate features six bedrooms, six and a half baths, three car garage and easy access to urban conveniences, while simultaneously serving as the perfect retreat.

It is an ideal combination of history, elegance, exclusivity, and luxury. Property offered at $6,950,000. marco@longandfoster.com Marco Stilli 202-255-1552 Chevy Chase/Uptown Office 202-364-1300

DOWNTOWN ELEGANCE BETHESDA, MD

1950 sq. ft with extra 280 sq. ft of private terrace.

3 bedrooms/3 full marble baths. Floor-to-ceiling windows. Open large space for entertaining.

Gourmet kitchen with top-of-the-line appliances.

Cherry cabinets and granite countertops. Separate laundry room, Fitness room, Garage parking for 2 cars. Walk to metro, Trader Joe’s, elegant dining, boutiques and theatres. Sports Club in building offers special membership for classes and use of heated pool. Offered at: $1,199,000 Angela Eliopoulos 703-989-5989 Georgetown Office 202-944-8400

HOME LIFE | REAL ESTATE NEWS

The historic Georgetown residence at 3303 Volta Place, NW has been sold to Stephen and Maria Lans.

Cape Cods to Colonials

BY MARY K. MEWBORN

THE DISTRICT Washington Fine Properties agent Jim Bell has helped sell the architecturally and historically significant residence located at Q Street﹐ NW in Georgetown, which was listed by Washington Fine Properties agents Nancy Taylor Bubes and Jamie Peva. The property was constructed for Washington’s first territorial governor, Henry D. Cooke, a Civil War profiteer who was also a Republican-minded newspaper editor, president of the First Washington National Bank, and a railroad executive. Built by Norris G. Starkweather and architect Thomas M.

106

Plowman, the three-story Italian-style home is one of four double houses still known as Cooke’s Row. It has eight bedrooms, three baths, and over 5,000 square feet of living space. It sold for approximately $2.2 million to Greg and Kristin Muhlner, the former executive vice president of Product Development for webMethods, Inc., which was acquired by Software AG for $546 million one year ago.The couple also owns

Q Street﹐ NW. In March, Tutt, Taylor & Rankin Sotheby’s International Realty agent Michael Rankin and National Geographic’s Mark Green were preparing

to sell the three-bedroom house at Volta Place﹐ NW to a pair of attorneys. Instead, the deal fell through, and the historic Georgetown residence now belongs to Stephen and Maria Lans from Vancouver, B.C. This second home in D.C. will afford the couple, who are avid fans of the Washington National Opera, a chance to enjoy the District’s performing arts scene and to experience a different climate.The property went to settlement on May 16, and the couple paid approximately $2.4 million for their U.S. abode. Kimberly Casey and Daryl Judy with Tutt, Taylor & Rankin Sotheby’s International Realty facilitated the sale.

WA S H I N G T O N L I F E

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KRYSTYNA LITWIN PRESENTS...

Potomac, Maryland

$3,475,000

Bethesda, Maryland

$2,695,000

Truly a magnificent by the renowned builder Patrick Cullinane. Renovated 2004-2005, furniture-quality custom built-in cabinetry, custom moldings, wainscoting and fireplaces set a tone throughout this six bedroom home.

Elegant foyer, equisite two story library, grand living & dining rooms, a warm and elegant family room, new gourmet English kitchen recently featured in Architectural Digest Magazine, Private 2 aqcre lot w/inground pool & gazebo!

Minutes to Georgetown & Chevy Chase this new custom contemporary beauty is perfect for the most discerning buyer. Lovely half acre private lot..

3 finished levels..9000 sq.ft…Virtual Tour on www.litwinwharton.com

Bethesda, Maryland

Potomac Village

$1,995,000

$1,695,000

Elegant 2 years young custom home by acclaimed architect John Neufeld. 1st floor master suite, large gourmet kitchen, private apartment with full kitchen, .50 acre private gorgeous lot. Dramatic two story foyer with custom wrought iron railing.

Renowned builders own home!! Spectacular lavishly landscaped 1 acre lot with in-ground pool, gazebo, fantastic garden room, 5 fireplaces, 6 bedrooms,3 above ground finished levels..Walk to the Village Shops & Restaurants.

Potomac, Maryland

Potomac/Avenel, Maryland

$1,595,000

Magnificent country colonial built by renowned builder, Brendan O’Neill on beautifully landscaped 1.1 acre lot with inground pool. Fabulous gourmet kitchen, hugh family room with wood beamed cathedral ceiling, six wood burning fireplaces, 3 finished levels above ground. Elegance and charm flow throughout this magnificent family home

Georgous “Prescott” residence on a lovely fenced lot.

Stylish environment for sophisticated living offers 3 finished daylight levels with a spectacular owners suite, state of the art movie theater, walk to Avenel’s pool & tennis courts. Updated throughout in 2007.

Krystyna Litwin

Top 1% Nationwide 301-299-6098

$1,599,000

HOME LIFE | REAL ESTATE NEWS

Kimberly Casey has also decided to purchase a new home. She has penthouse 5 at the Observatory of Georgetown under contract with a settlement date set for June 16. The 2,117-square-foot condominium located at Wisconsin Avenueďš? NW has two bedrooms and a den plus a home office area with built-ins, three full baths, a renovated kitchen, and a large balcony with expansive views overlooking the Washington Monument, the U.S. Capitol, Rock Creek Park and the Potomac River. Additional selling points include high ceilings with a skylight, a wood burning fireplace, two garage spaces and access to an outdoor swimming pool, gym, rooftop deck and party room. The seller is Tom Bernes, director of the Independent Evaluation Office of the International Monetary Fund, and a Canadian whose previous positions include serving as the IMF executive director for Canada, Ireland and the Caribbean. He was also Canadaâ&#x20AC;&#x2122;s assistant deputy minister of finance and head of the OECDâ&#x20AC;&#x2122;s General Trade Policy Division. Ms. Casey is expected to pay $1,030,000 for the unit.

Terri Robinson with Long and Foster Realty and Margot Wilson of Arnold, Bradley, Sargent, Davey, and Chew joined forces to help sell Brandywine Streetďš? NW. The original Sears & Roebuck mail order house sits on a fabulous lot. Highlights include nine-foot ceilings, three porches, a huge basement and a detached twocar garage. The new owners are Sean Flaherty, CEO of the North American arm of the German software company Nemeschek, and Elizabeth Me ler, a University of Virginia graduate with an M.B.A. from the University of Colorado who in May of 2001 founded Mettler Solutions, a consulting firm that assists companies with email marketing and website development. The Forest Hills property was sold for $1.525 million. Anne Weir and Heidi Hatfield with Washington Fine Properties represented the buyers. â&#x20AC;&#x153;Going Greenâ&#x20AC;? doesnâ&#x20AC;&#x2122;t have to mean compromising on space as Jerry Zayets proved when he built a 6,500-square-foot Energy-Starrated house at Moreland Placeďš? NW. Although the stunning house has seven bedrooms, six baths, dramatic two-story foyer, great room, loft, gourmet kitchen, huge wine cellar and tenfoot ceilings, it consumes less energy than most houses less than half its size. Among the energy

108

Carl Halbreiner and Nicole Alfandre Halbreiner have purchased 5300 Boxwood Ct., in Bethesda, for $1,750,000.

saving and environmentally sustainable aspects of its construction are the use of expandable lowdensity foam insulation in the outer walls and the choice of readily renewable bamboo in place of hardwoods. The new owner of this ecologically and economically sound abode is Kevin T. AbikoďŹ&#x20AC;, a partner with the law firm Hughes, Hubbard and Reed, who paid approximately $1.5 million for his federally recognized â&#x20AC;&#x153;green house,â&#x20AC;? appropriately sited on a quiet wooded cul-desac. Conscientious consumers in the market for their own earth friendly domicile will want to check out Mr. Zayetsâ&#x20AC;&#x2122; company Nexxt Builders and/or www.greenDCrealty.com.

MARYLAND Carl Halbreiner and Nicole Alfandre Halbreiner, the principal of Arc Developers,

Inc. have purchased Boxwood Court, in Bethesda, for $1,750,000. Located in sought-after Westmoreland Hills, just over the District line, this large Cape Cod sits on the neighborhoodâ&#x20AC;&#x2122;s second largest lot with a wooded backyard and a view of the reservoir. The house has six bedrooms, three full and two half baths, pool, sports court, sun porch and outdoor fireplace. The sellers were Melinda and Bill Becker, the CFO of BDI, USA, a contemporary furniture company headquartered in Chantilly, Va. Washington Fine Properties agents Kara Sheehan and Nicole McGrath represented the Beckers and the buyers respectively.

VIRGINIA One of Old Town Alexandriaâ&#x20AC;&#x2122;s premier Colonial-era estates has been sold by McEnearney Associates, Inc. realtor Madeleine W. Arnheim to 224 South Lee Street Corp.The George Johnston House, also known as the Johnston-Vowell House, sits on three lots with private gardens affording views of the Potomac and the Maryland shoreline.The walled estate has a cobblestone gated drive, and the formal grounds contain antique boxwoods, flowering perennials, a fishpond, fountains, a swimming pool and a patio with a summer kitchen. It boasts two historic plaques and features heart-of-pine floors, high ceilings, decorative hand-carved moldings, and seven fireplaces including one purported to be a gift from George Washington to George Johnston.The kitchen has its original cooking hearth, a breakfast room, and French doors leading outside. The master bedroom suite has a fireplace and a reading room with custom bookshelves. The marble and granite master bath has a deep Jacuzzi tub. The original carriage house has been incorporated into the current structure and contains a guest suite, servantsâ&#x20AC;&#x2122; quarters, and media room with access to the pool. The South Lee Street property went for $5.15 million.

Correction: In the May 2008 edition of Real Estate News, 2425 Tracy Place NW was improperly identified as 8303 E. Boulevard Drive in Alexandria.

Please send real estate news items to columns@washingtonlife.com.

WA S H I N G T O N L I F E

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Potomac River Estate Just 90 Minutes from the DC Metro Area

$3,170,000 â&#x20AC;˘ Visit this property at www.20485quailsnestway.com Property includes: Main Residence, Pool House & Guest House Six Bedrooms, Six Full Baths, Two 1/2 Baths Impressive, Comfortable Entertaining Spaces 24 Acres with Private Beach & Pier Heated Pool, Steam Room, Elevator, Alarm Golf, Shopping & Restaurants: 10 Minutes

Chris McNelis, Broker

chris.mcnelis@comcast.net Office: 410-394-0990 Cell: 410-610-4045 www.mcnelisgroup.com

Jeff Mauer Coldwell Banker Residential Brokerage Washington Harbour Georgetown

202.487.5460 jfmauer@aol.com

Georgetown

EXCLUSIVE OFFERING

Rare offering of a truly prominent and historic Georgetown estate. This magnificent 1850’s Victorian grande dame in Italianate style with an exquisite interior of embassy size rooms is serenely set on .81 lavishly landscaped private acres. Estate also includes guest house and ample parking. One of Washington’s premier properties.

Upper Brackets

Georgetown Meticulously renovated 3 level Federal townhouse in Georgetown’s prestigious East Village. This lovely 2 bedroom 1.5 bath home has all the charm and character including details such as heart of pine floors, built-in bookcases, elegant mouldings, wood burning fireplaces and your very own sunny brick patio.

A perfect Georgetown gem! $1,195,000

3000 K St., NW Suite 101 • Washington, DC 20007 202.333.6100

catering by design 703.979.9400 • WWW.DESIGNCUISINE.COM

detail.

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MCLEAN, VIRGINIA

NEW LISTING! Magnificent Custom Limestone French Manor Estate overlooking rapids of the Potomac, minutes to DC. Grand Principal Rooms, Indoor Pool & Basketball/ Racquetball Court. Rooftop Terrace. $19,995,000

William F. X. Moody Robert Hryniewicki

This estate features an 11,000 sq. ft. 10 BR home amid 6.5 lightly wooded acres on 2 lots of McLean’s scenic Gold Coast waterfront, minutes from DC. Built for a prominent US Senator. $13,500,000

William F. X. Moody Robert Hryniewicki

202-243-1620

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202-243-1620

BETHESDA, MARYLAND

Calling all modernists! This architectural gem from the Bauhaus period, with glorious water views, is spectacularly sited at end of private drive on 2.6 acres. Pool, tennis, 6 BRs, 6 BAs, minutes from DC. $11,900,000

Heidi Hatfield Anne Hatfield Weir

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WASHINGTON, DC

Exquisite renovation of a 1930’s stone classic facing Battery Kemble Park. 1st floor Master suite, 4 add’l BRs; kitchen/family room combo, elegant entertaining spaces, pool & tennis membership, 2-car garage. $3,995,000

Heidi Hatfield Anne Hatfield Weir

MCLEAN, VIRGINIA

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202-243-1634 202-243-1635

KENT, WASHINGTON, DC

Large 6BR, 5.5BA on coveted cul-de-sac with highest quality materials, wonderful for entertaining or relaxed family living. Huge top-of-the-line gourmet Kitchen, Library, Family Room, Playroom, 10’ ceilings, 2 car garage & circular drive.

Chuck Holzwarth

202-285-2616

202-243-1634 202-243-1635

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K ALORAMA, WASHINGTON, DC

Regal Colonial in the heart of Kalorama features four levels of sun-filled elegance, with a screened Veranda leading to the private side and rear Gardens.

Ellen Morrell Patrick Chauvin Matthew B. McCormick

202-728-9500

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POTOMAC, MARYLAND

Breathtaking contemporary has dramatic two story marble floored gallery, 4 bedrooms, 6.5 baths and stunning main level master suite. Entertainer, art lover’s dream on close-in private 2 acre lot with tennis court. $2,295,000

Ruffin Maddox Colleen Cayton

301-922-4443 301-922-4444

POTOMAC, MARYLAND

ARLINGTON, VIRGINIA

NEW LISTING! Model home & 3 lots ready to build in a fabulous close to DC neighborhood. Customized floor plans available. $1,499,500 - $2,295,000

Victoria Kilcullen William F. X. Moody Robert Hryniewicki

703-915-8845 202-243-1620 202-243-1622

Gorgeous, Colonial sited on private drive in terrific River Crossing neighborhood. Neutral & tastefully decorated & features many architectural details on 3 finished levels.

5 BRs, 4 BAs. Sensational Master Suite with Dressing Room, luxury Bath & walk-in closet. $1,599,000

Michael Matese

INTERNATIONAL NETWORKS • LOCAL AFFILIATE

301-806-6829

WASHINGTON, D.C. GEORGETOWN BETHESDA/CHEVY CHASE POTOMAC NORTHERN VIRGINIA WFP.COM

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FOREST HILLS, WASHINGTON, DC

BETHESDA, MARYLAND

Bonnie Wimsatt Matthew B. McCormick

Sherry Davis

BEECHWOODS – Magnificent in-town estate on over 1.35 acres backing to national parkland with wonderful living and entertaining spaces, 7BRs, 7.5BAs, pool with cabana and shared tennis court.

202-262-2560 202-728-9500

NEW PRICE! EDGEMOOR - Rare opportunity to purchase this major Edgemoor Estate, White Chimneys. Exquisite English-style manor home sited on 1 acre double lot with pool and tennis. 6 BR, 5.5 BA, 7 fireplaces, 4-car garage. $6,750,000

301-996-3220

202.944.5000 202.333.3320 301.222.0050 301.983.6400 703.317.7000

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POTOMAC, MARYLAND

Sited on a spectacular six acre setting, this fully renovated house offers the best of everything. Only the finest materials have been used and all with a designer’s eye. Don’t miss the barn with the indoor basketball court, batting and golf cages. $4,400,000

Anne Killeen

301-706-0067

We are Proud to Announce

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SPRING VALLEY, WASHINGTON, DC

Truly exquisite 5BR/4.5BA with large Living Room, Library, formal Dining Room, Den overlooking flagstone patio & pergola, gourmet Kitchen opening to large Family Room, beautifully finished baths and 1BR/1BA LL with Kitchen & separate entry. $2,875,000

Nancy Taylor Bubes

have joined our firm.

Mary.Ehrgood@wfp.com 202.997.0303 John.Adler@wfp.com 202.966.8838 John.AdlerJr@wfp.com 202.413.5474

Stately home with all the “bells & whistles”. Extensive moldings, hardwoods, coffered ceilings, 3 fpls, Master Suite w/ Sitting Room, luxurious Bath & large closets, 3 add’l BRs w/ en-suite Baths, Kitchen w/ Morning Room, yard w/ terraces, pool & landscaping! $1,675,000

301-806-6829

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CHEVY CHASE, MARYLAND

Magnificent Georgian Masterpiece in exclusive Chevy Chase Village! 8 bedrooms, 7.5 baths, elevator. Approximately 9,000 square feet of living space on four finished levels provide ample space for casual living & formal entertaining. $3,500,000

Sherry Davis

202-256-2164

GREAT FALLS, VIRGINIA

Michael Matese

Mary Grover Ehrgood John B. Adler John Adler Jr.

BETHESDA/DEERFIELD, MARYLAND

CHEVY CHASE, MARYLAND

Michael Matese

Kara Sheehan Nicole McGrath

Tremendous curb appeal and elegance define this 5 BR, 4.5 BA recently renovated Colonial. Updated Kitchen w/ granite & center island opens to a spacious Family Room, complete w/ flat screen TV, Intricate moldings, 4 fpls, refinished hdwds & designer touches. $1,399,000

301-806-6829

301-996-3220

Gorgeous New Listing! Steps to Bethesda Metro, Shops & more, this tasteful 5 BR, 3.5 BA newly constructed custom home has it all; great location, luxurious amenities, space galore & so much more. $1,295,000

INTERNATIONAL NETWORKS • LOCAL AFFILIATE

301-928-8495 571-215-2217

HOME LIFE | HISTORICAL LANDSCAPES

From Such Great Heights How Washington became skyscraper-free

BY DONNA EVERS

T

he brilliant blueprint for the nation’s capital, created

by Pierre L’Enfant in 1791, was enhanced and perfected one hundred years later by two events: the construction of hundreds of beautifully designed apartment buildings and the laws set in place that make it possible for Washingtonians to see and enjoy their architectural treasures.As it turned out, these events were directly related: the construction of one of the remarkable new buildings inspired the height limit laws that keep Washington skyscraper-free and therefore unique among large U.S. cities.

This story begins in the 1880s, when the construction of elaborately designed apartment houses began in Washington, a boom that followed the one that had taken place in New York City a decade earlier. Construction ebbed and flowed to the present date. Now, there are Above: The Cairo stands tall at 1615 Q St., some 3,500 apartment buildings in the NW. Right: Thomas Franklin Schneider, District of Columbia, as well as 400 the architect and developer of The Cairo, Washington’s tallest apartment building. condominiums and 100 cooperatives.

Thomas Franklin Schneider’s Cairo apartment house at 1615 Q Street NW was the sheer height of the building. The D.C. remains one of the most interesting. It is a Board of Commissioners soon formalized the dazzling mix of Romanesque and Egyptian ban on tall buildings, a concept that started with revival with exotic Moorish overtones and a Thomas Jefferson’s suggestion that the capital rich display of medieval gargoyles. Built with city should have a low-lying landscape similar to the new technique of steel frame construction, that of Paris, France. So, in 1899, the Height of the Cairo cost a record-breaking $425,000 in Buildings Act was passed into law, and it exists in 1894 and loomed 165 feet tall. much the same form today, with building height Built to make a statement, the Cairo had a limits set at around 130 feet (about ten stories). ballroom, grand dining room, billiards room, The Cairo, whose guests in its heyday bakery, drugstore, and artesian well in the included F. Scott Fitzgerald and Thomas Edison, basement which afforded its own private water fell into a state of disrepair over the years, and supply. The popular roof deck eventually had to by the 1960s it was a haven for drug addicts, be closed down, because guests would drop stones prostitutes, and even feral dogs. In the 1970s, the from the deck, causing horse and buggy accidents Inland Steel Corporation bought the building on the street below. However, the biggest problem and hired Arthur Cotton Moore to renovate

114

the rooms into studios and one- and twobedroom units. The story goes that when Moore visited the Cairo for the first time, he encountered two men carrying out a dead body as if it were a routine task. A few years after the renovation, the Cairo went condo, because rent control laws made rentals unprofitable.

The architects and developers succeeded and failed along with the fluctuations of the economy. Harry Wardman, the most prolific developer in Washington’s history, lost $30 million in the Great Depression, and yet was on his way to making his second fortune when he died in 1938. Edgar Kennedy and Monroe Warren lost their Art Deco masterpiece before it was even completed.

They went bankrupt in 1932, and their banker, the B.F. Saul Mortgage Company (who owns the Kennedy Warren to this day), recently completed the unfinished wing in a faithful replica of the original plans.

These creators of the city’s landscape were first and second generation Americans, many of whom designed and built their first buildings before they were 30 years old. They infused their projects with such vision, style, and energy that the city is now a living record of every major architectural trend that passed this way over the last 120 years.

It’s nice to think that these daring and gifted people would appreciate our present day enthusiasm for the buildings they embellished with such devotion. Jefferson would be glad, too, to know that he would not feel out of place in this city, with its gentle landscape that allows the venerable buildings from the past to delight us at every turn in the road.

WA S H I N G T O N L I F E

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WASHINGTON, D.C. GEORGETOWN BETHESDA/CHEVY CHASE POTOMAC NORTHERN VIRGINIA WFP.COM

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202.944.5000 202.333.3320 301.222.0050 301.983.6400 703.317.7000

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K ALORAMA, WASHINGTON, DC

WESLEY HEIGHTS, WASHINGTON, DC

DUPONT CIRCLE, WASHINGTON, DC

Jim Bell

Jim Bell

Jim Bell

NEW PRICE! Rarely Available! Spectacular renovation of a large Kalorama residence with removed one bedroom guest house and garage. Large pool size garden and pool house. $3,495,000

202-607-4000

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CLEVELAND PARK, N, WASHINGTON, DC

Large sun-filled home with open floor plan on lovely landscaped corner lot. Living room w/ wall of windows, dining room opens to wrap-around deck; 4BR up + top floor home office/playroom. $2,200,000

Heidi Hatfield Anne Hatfield Weir

202-243-1634 202-243-1635

BETHESDA, MARYLAND

Private oasis in the heart of Bethesda. Stunning and tasteful newer custom home with 5 BR, 3.5 BA, chef ’s kitchen, front porch and so much more, sited on over half an acre. Minutes to Downtown Bethesda, Crescent Trail, and Friendship Heights. $1,995,000

Kara Sheehan

301-928-8495

Spectacular new 2007 Arts and Crafts home in Wesley Heights. No expense has been spared in the construction of this well-appointed home. Features double height entrance foyer, spectacular kitchen/family room, large dining & living rooms and elevator. $2,700,000

202-607-4000

Very Special Dupont House. Meticulously renovated.

Exceptional and state of the art home. Stainless Steel kitchen, radiant floors, spectacular private garden with water element, 2 story sunroom, 2 car garage.

Immaculate and Impeccable. $2,350,000

202-607-4000

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GEORGETOWN, WASHINGTON, DC

Magnificent 4BR/4BA complete with beautiful details throughout, a renovated gourmet table-space Kitchen, spacious and light-filled Living Room opening to the elegant patio and garden, and a fully finished Lower Level. Perfection in Georgetown! $2,195,000

Nancy Taylor Bubes

202-256-2164

POTOMAC, MARYLAND

Time for a change? Stunning contemporary offering 9,000 sq. ft. of incredible spaces, walls of glass, vaulted ceilings – perfect for art collections. Awe-inspiring, picturesque, private, 2.5 acres. A jewel of a home! A rare opportunity in today’s market. Act now! $1,949,900

Anne Killeen

301-706-0067

BETHESDA, MARYLAND

Spectacular from top to bottom. High ceilings, great room sizes, fabulous details. Sumptuous master suite with 2-sided fireplace, two story family room and an extraordinary exercise room. Come see this dream house! $1,999,500

Anne Killeen

301-706-0067

WESLEY HEIGHTS, WASHINGTON, DC

This 1930’s brick colonial ideally located in Wesley Heights with light-filled entertaining areas all leading to the rear deck, 5 Bedrooms on two levels, 4.5 Baths, a finished Lower Level Family Room and fully fenced, spacious front and back yards. $1,595,000

Nancy Taylor Bubes

INTERNATIONAL NETWORKS • LOCAL AFFILIATE

202-256-2164