Watergate complex amenities and build a new fitness center and new conference center. Watergate complex The Watergate complex is a group of six buildings in the Foggy Bottom neighborhood of Washington, D.C., in the United States, known particularly for the infamous 1972 burglary of the offices of the Democratic National Committee and the resulting Watergate scandal, which ultimately led to the resignation of President Richard Nixon. Covering a total of 10 acres (4 ha) next to the John F. Kennedy Center for the Performing Arts, the buildings include: Built between 1963 and 1971, the Watergate was considered one of Washington's most desirable
Watergate complex was forced to attempt to sell the property. No buyer emerged and the Blackstone Group regained ownership of the hotel. The Blackstone Group transferred the Watergate Hotel to its Trizec Properties subsidiary. Trizec did not pay the hotel's property taxes for 2008 (which amounted to $250,000), and estimated that it would take $100 million to make the hotel habitable due to the stalled 2007 renovation. The hotel was put on the market in May 2009, but once again no buyer emerged. The hotel was auctioned off on July 21, 2009 (with the minimum bid beginning at $1 million), but there