Like an ocean view or a Park Avenue address, majestic old-growth trees have become invaluable commodities in luxury real estate. Inspired by their sculptural beauty,
architects are designing or remodeling entire homes around them. High-end developers—once known for stripping tracts of land to the dirt and planting saplings after construction—are now calling off the bulldozers.
“You can’t go out and buy a 50- or 75-year-old oak tree,” said Jack Perkins, vice president of Elm Street Development, a residential developer in Washington, D.C. Elm Street bought an 8½-acre estate near Georgetown to build 1801 Foxhall, a community of 27 multimillion-dollar homes. Before breaking ground on the project, the developer dispatched an arborist to catalog and evaluate every mature spruce, sycamore and poplar tree.
CLICK HERE or http://bit.ly/leafyRE for the article by AMY GAMERMAN Wall Street Journal