President Barack Obama and first lady Michelle Obama have decided to remain in Washington D.C. after the President’s term in office expires in January 2017. The Obamas will lease an 8,200-square-foot mansion from homeowners, Joe Lockhart and Giovanna Gray. Built in 1928, the mansion boasts nine bedrooms and eight-and-a-half baths.
Peg Mancuso, the president of the Greater Capital Area Association of Realtors, called the area “clearly one of the best neighborhoods in the Washington Metropolitan area.” She said if the reports are true, “He couldn’t have picked a better neighborhood for his family.”The mansion’s owners, President Bill Clinton’s former White House press secretary Joe Lockhart and his wife, live in New York, where he works for the NFL. The White House declined to comment on the possibility of the Obamas renting the property, first reported by Politico.
The Obamas are staying in Washington after Barack leaves office so that their youngest daughter Sasha can finish high school without interruption.
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