In case you somehow missed the news, the Hotel Washington, along with its famous Sky Terrace Restaurant with spectacular views of the White House, closed on Jan. 1 to make way for renovations that will see the historic business turned into D.C.’s first W Hotel. The new hotel should open in about one year.

In the meantime, NBC4 tips us off that this morning at 9 a.m. the hotel began a liquidation sale of every last piece of furniture, lighting fixture and kitchen accessory. If the frenzy at the Hotel Washington is anything like the first day at the liquidation sale at the Watergate Hotel, we’d recommend getting down there sooner rather than later to take advantage of any stellar deals. The sale will be ongoing for several weeks, however, or until every item is sold.