Page Header Image
 Photo of  Montello Condominiums in Washington, D.C. 

New Windows Work Wonders for Montello Condominiums


A window replacement project helps Washington D.C.’s Montello Condominium Association deliver modern benefits with a historic look.


When they’re well-maintained, century-old apartment buildings radiate the kind of charm that attracts residents and boosts property values. But staying in good shape requires money.

Fortunately, Montello Condominium Association found the financing help it needed when it decided to replace the windows of its 94-year-old building, located near Dupont Circle in Washington, D.C. With a $250,000 loan from NCB, the Montello installed 264 new windows for its 37 units.

“You can really tell the difference,” says Steve Rozga, a resident and association treasurer. “The windows actually open and close now, plus they’re energy-efficient and do a better job of keeping the sound out.”

NCB was the Montello’s first choice in financing, Rozga notes. Since he works in commercial mortgage banking, he was already familiar with the bank. “I knew NCB would be a good fit for our window project,” he says. “NCB just knows associations and how they work. It can roll with the punches.”

That’s important for technical requirements or even unexpected developments. Because the eight-story Montello sits in a historic district, the project required special permits and an era-accurate window style. The association also encountered lead paint abatement issues while replacing the windows, adding to the cost. Working together, NCB and the Montello board kept the project rolling smoothly.

“Steve Rozga is a great example of the many dedicated board members we come across who pour hours of time and effort into making their communities a better place to live,” says Don Plank, NCB assistant vice president. “Steve worked very diligently to compile the necessary loan documentation while also meeting with contractors, fellow board members and inspectors. The Montello is a fantastic building made even better by board members such as Steve.”

The Montello remains in excellent financial condition with strong reserves. The NCB loan not only will help replenish the reserve funds applied to the window replacements before the project financing came through but also will help pay for upcoming projects, including mortar repair of the building’s brick exterior.