Watergate complex to Nixon's resignation on August 9, 1974. The name "Watergate" and the suffix "-gate" have since become synonymous with political scandals in the United States and elsewhere. The Watergate superblock is bounded on the north by Virginia Avenue, on the east by New Hampshire Avenue, on the south by F Street, and on the west by the Rock Creek and Potomac Parkway. It is in the Foggy Bottom neighborhood overlooking the Potomac River, next to the Kennedy Center and the embassy of Saudi Arabia. The nearest Metro station, 0.4 miles (650 m) distant, is Foggy Bottom-GWU. For more than a
Watergate complex West filed a lawsuit against SGI in which they claimed their units had defective stoves, faulty air conditioning, leaky windows and balconies, and deficient plumbing. SGI said the problems were similar to those with any new building, and that it had already spent $300,000 on repairs. Like the Watergate East, residents of this building have discussed buying the land beneath their building but do not need to do so until the land lease expires in 2070. Britain's National Coal Board Pension Fund sold the Watergate Office Building to John Hancock Mutual Life Insurance in the early 1990s. The building underwent