Saturday, February 13, 2016

TENLEYTOWN: UIP Acquires 3 Tenleytown Buildings from American Univ. for $45M

Urban Investment Partners (UIP) of Washington DC has acquired three class C office buildings in the Tenleytown neighborhood of Washington, DC from American University (AU). The portfolio, including the longtime home of National Public Radio affiliate WAMU, traded for $45 million.

UIP plans to invest $75 million in order to gut-renovate the Brandywine and Wisconsin Avenue buildings, creating residential apartments, all within a block of the Tenleytown-AU Metro station on the Red Line and with an abundance of underground parking. The properties are:
1) 4000 Brandywine Street, NW (38,396 SF) has long been known as the WAMU Building, where American University housed its radio station and recording studios. Syndicated talk shows hosted by Diane Rehm and Kojo Nnamdi originated from this building, which is situated on the highest piece of land in the city. WAMU moved out in early 2013, and the building has been used for AU administrative offices and classrooms. AU will continue to occupy the building for about nine months.
2) 4620 Wisconsin Avenue, NW (59,996 SF) is the former home of TooJays, a restaurant that later became Krupin’s Deli and subsequently Morty’s, which closed in 2010. This building also is occupied by AU, which will stay in its space for about a year.
3) 4545 42nd Street, NW (39,299 SF), located at the intersection of 42nd Street and River Road, NW, was built to look like individual town homes or row houses, but is actually a single poured concrete structure occupied by a mix of commercial tenants. It will continue to operate as a commercial office rental property.

CapSource is providing acquisition and construction loans for the Brandywine and Wisconsin Avenue locations. MidCap Mortgage is the lender for 4545 42nd Street.

Bobby Meehling and Scott Frankel of CBRE represented the seller in all three transactions.
“We are more than excited to close on this acquisition and I want to thank everyone involved: American University, CBRE, and those at UIP who put in a lot of extra hours to bring this deal to fruition,” said Steve Schwat, UIP Principal and Founding Partner. “Brook Katzen, Pete Bonnell, and I have already engaged with many of the stakeholders in Tenley including Tenley Main Street and Ward 3 Vision. We look forward to working closely with our neighbors to help shape Tenleytown over the next few years.”
Named in the late 1700’s for local tavern owner John Tennally, Tenleytown surrounds the site of Civil War-era Fort Reno, built on the city’s highest natural ground at 409 feet above sea level. By 1900, the last remains of the fort had been replaced by a reservoir, water tower, and a park. Featuring sports fields, playgrounds, tennis, and more, Fort Reno Park remains a key community amenity.

The 1941 opening of Sears & Roebuck at Wisconsin Avenue and Albemarle Street was an important milestone in the neighborhood’s growth. The area’s first Hechinger store also was located in Tenleytown; after Sears vacated its store in 1994, Hechinger bought and moved into the property. Hechinger eventually shuttered all of its stores. By 2003, the former Sears/Hechinger site had been converted into one of the city’s first transit-oriented developments (TODs), Cityline at Tenley, which currently includes Best Buy, The Container Store, and Ace Hardware..

UIP's newly acquired properties are surrounded by a wide variety of highly regarded amenities and destinations including DC’s public Wilson High School, the Wilson Aquatic Center, Friendship/Tenley Public Library, the brand new AU Law School, Starbucks, Whole Foods, Panera Bread, Burger Tap & Shake, CVS Pharmacy, and other popular retailers. Beefsteak, the new fast-casual concept from renowned chef Jose Andres, is coming soon, as is District Taco, set to open in Tenley View.

In addition to the Tenleytown/AU Metrorail station, the neighborhood has 11 Metrobus lines originating at Tenley and a several local Circulator buses including the AU and Sibley Hospital shuttles. The AU shuttle bus stops on the same block as 4000 Brandywine.
The UIP family of companies owns and manages more than 2,500 apartments in Washington, DC and Maryland and has renovated, restored and built more than 20 downtown apartment buildings and condominiums over the last ten years. UIP’s primary focus includes “heavy lift” renovations as well as working with tenants in Washington, DC, helping them exercise their TOPA (Tenant Opportunity to Purchase Act) rights. UIP also is active in entitling land, infill development, and acquiring residential assets in the close-in Washington, DC suburbs. For more information, visit www.uipllc.com, www.uippm.com and www.uipgc.com.

Friday, February 12, 2016

FOGGY BOTTOM: Bayou Announce Zach Deputy for Saturday Nights Act - February 13th

Photo: metrolyrics
New Orleans­ style restaurant and music venue, Bayou, has announced that Zach Deputy will be its live musical act this Saturday night, February 13th at 10:30pm.

The South Carolina native is an outstanding singer/­songwriter that has garnered national attention across the music festival circuit, performing over 250 shows per year and recording albums with Grammy­ winning producers. Zach's influences include a mix of soulful songwriters like Jack Johnson and Amos Lee, as well as up­tempo legends such as Stevie Wonder and Al Green. According to his bio;
“To bring this sound to the stage, the big, impossibly upbeat South Carolinian with the infectious smile puts on a solo show– enhanced by looping technology– that is essentially a one man dance party offering up what he calls ‘Island­-infused, Drum ‘n’ Bass, Gospel­Ninja­Soul’”.
Head to Bayou to experience this rising star live and see for yourself why everyone is raving about Zach Deputy.

To Buy Tickets: https://www.squadup.com/events/zachdeputy

Bayou­ is located at  2519 Pennsylvania Ave. NW, Washington, DC  (202)223­6941

Thursday, February 11, 2016

MVT: Eye Street Cellars Tasting Schedule for Valentine's Weekend

Mount Vernon Triangle's home for Fine Wines and Spirits, Eye Street Cellars, continues to have their regular weekly tasting's....here is this weeks Tasting,  a choice of European Wines and mix of Single Malt Whiskey's & Rye. No excuses!  So Get over there and check it out.

"The first drink is always to my health. The
second drink is for my sweet
dance moves."

If your significant other is into Wine, Beer, or Spirits,
we have you covered for that special gift.
We will be showcasing several wines on Saturday that are
perfect for Sunday. Check out our new inventory
of Beers and Wines. The selection has been
thoroughly expanded upon
with several hard to find selections
that would make for a stellar Valentine's dinner.
All featured wines are 10% off during tastings!

Weekend Tasting Schedule!

Friday, February 12
5:00 - 8:00 pm

Italian Wine Tasting:
Paltrinieri, Lambrusco L'Eclise
Pietraventosa, Est Rosa Rose
Pietraventosa, Allegoria Primitivo

Saturday, February 13
3:00-6:00 PM

Pre-Valentine's Day Wine Tasting
Deus, Sparkling MuscatDomaine de Clos de L'Epinay, Vouvray
Petit James, Cahors Malbec
Le P'tit Martin, Rhone Blend

5:00-7:00 PM
Small Batch Single Malt and Rye Tasting
Aberlour 12, Non-Chill Filtered
RedBreast 12
Lot 40
Pike Creek
Aberlour is a classic Single Malt renowned for
it's lightly peated, smooth character that has
become known around the world.
RedBreast is one of Ireland's finest Single Pot Still
whiskeys made from both malted and unmalted barley.
Lot 40 is an excellent Canadian Rye which
has received multiple awards from Whiskey Advocate, including
Best Canadian Whiskey.
Finally, Pike Creek is an excellent expression of what's
most important in whiskey, the wood.
This Rye is aged is some of the finest barrels produced in North America.

Build your own 6-pk!

We offer mix-n-match 6-pks
from a variety of over 35 beers!

We offer a 10% discount for all 6+ bottles of wine
15% for 12+ (Mix and match 750ml only. Champagnes and Sparkling's excluded.)

Join our free and simple Loyalty Program
and automatically receive $10 back for every $200 you spend.

Text 'eyestreet" to 80777
to turn your credit or debit card into a rewards card.
Or sign-up at swipely.com/eyestreet

We carry a large variety of wine, spirits, liqueurs, and beer/craft beer.

Also featured is a selection of cigars and gourmet cheeses, crackers, & meats!


Deliveries are available with a $100 minimum purchase - Call us for details.

U STREET: Pure Comedy Happy Hour at Pure Lounge

The artist formally known as Rallo returns to the Nation's Capital Wednesday, March 9th for Pure Comedy Happy Hour. Come enjoy some of the best comedic talent in the city!
Featuring:
  • Si Mone
  • Tok Moffat
  • Jenn Tisdale
  • Damo Hicks 
Two Days, Wednesday, March 9, at 9:00 PM and Thursday, March 9,  at 10:30 PM.
Pure Lounge - 1326 U Street NW Washington, DC 

Tickets available at $10 http://purecomedyreturns.eventbrite.com

WASHINGTON DC: DC Area Housing Prices Near Ten-Year High

Housing prices in the Washington, DC metropolitan area have reached their highest prices since 2006, according to Urban Pace’s end-of-the-year housing market report. At the same time, housing inventory growth declined last year and is down more than 60 percent from its 2007 peak.
“Our analysis of the data in the Urban Pace report clearly indicates one thing: a healthy housing market in 2016 and most likely beyond,” said Lynn Hackney, President of Urban Pace, a Washington, DC-based real estate sales and marketing firm. “We remain very positive and bullish on the DC metro market."
Added Executive Vice President Jonnie Jamison: “Our year-end report shows that the Washington metro area’s urban condo market continues to be driven by the first-time buyer price point. While we saw prices approaching $1,100 per square foot for larger trophy-type condominiums, those sales were by far the exception to the rule.”
Urban Pace’s 2015 year-end report notes that:
  • The area’s year-end median home sales price of $410,000 is only one percent below the 2007 peak.
  • Total 2015 sales of 50,528 units marked a 9.4 percent increase over the previous year.
  • Half of the homes on the market sold in less than 22 days, well below five- and ten-year averages.
  • Although inventories reached 8,644 by year-end – a 4.6 percent increase over 2014 – they are down over 60 percent from the 2007 peak of 21,712 units.
  • Homes in Prince George’s County saw the area’s highest year-over-year appreciation of 6.3 percent; nonetheless, the county remains the area’s most affordable jurisdiction with a median home price of $235,000.
  • The City of Falls Church has the region’s highest median home price of $690,000, followed by Arlington at $556,000 and the District at $523,000.

SHAW: What's Happening at Duffy's in February

Duffy's Anti Valentines Day This Sunday.
Bring in a Photo of your Ex and Tear it up in front of the bartender and get a free shot of your choice with your first Beer! 
5pm to Close this Sunday

Duffy's Neighborhood Chili Cook Off is Feb 21st.

Come try some awesome Chili as 10 Duffy's Neighbors face off to determine Duffy's Chili Champion!
Sunday Feb 21st  3pm to 6pm.
$3 Tecates | $5 Dos Equis Cans | $5 Sam Adams Cold Snap | $5 Bloody Marys | $14 Pitchers of Bud Light | $18 Pitchers of Stella
We'll have the Daytona 500 on too!

2nd Mug Club Party Feb 22nd
For Duffy's Mug Owners Only ~ The Hippest, Coolest Club in the DMV!
(sorry, no Guests!  You gotta have a Mug)
Monday Feb 22nd 6pm to 8pm
All Draft Beer is $3 and Free Appetizers including Wings!
Come Meet and Clink Mugs with your Fellow Duffy's Regulars!

Duffy's Irish Pub is located at;
2106 Vermont Ave NW Washington, DC

BROOKLAND: Brookland's Finest and Gordy's Pickle Jar Collaboration

Chef Shannan Troncoso at Brookland’s Finest has partnered with Gordy’s Pickle Jar on a collaborative brunch menu, which will be featured at the restaurant for the upcoming holiday weekend. The menu, available on February 13, 14 and 15, will include specials highlighting the local pickle company’s products including:
  • Gordy’s Burger: Certified Angus Beef, Fried Egg, Pickled Jalapeno, Cheddar, Apple Wood Bacon, Brioche Bun, Tempura Onion Rings
  • Fried Squash Blossoms: Stuffed with Gordy’s Spicy Cherry Pepper Spread and House Ricotta Cheese
  • Gordy’s Fried Pickle Platter: Pickles, Cajun Okra, and Jalapeno
  • Thai Basil Jalapeno Brownie: Smoked Vanilla Ice Cream **featuring Gordy’s Thai Basil Jalapeños
The Bloody Mary's available at brunch for the weekend will feature Gordy’s Bloody Mary mix. The full menu can be found here.

Brookland's Finest Bar & Kitchen is located at 3126 12th Street, NE
Open for Lunch and Dinner, Monday through Thursday from 11 AM to 1:30 AM, Fridays from 11 AM to 2:30 AM, Saturdays from 10 AM to 2:30 AM and Sundays from 10 AM to 1:30 AM.
The Late Night menu is available 10:30 PM to 1:30 AM weekdays, and 11:30 PM to 2:30 AM on weekends. Brunch is offered on Saturdays and Sundays from 10 AM to 3 PM.

Wednesday, February 10, 2016

WASHINGTON DC: Richard Sandoval Restaurants Open for Presidents Day Brunch

Just confirmed: All of Richard Sandoval’s concepts: Masa 14, El Centro DF (both locations), Zengo, Toro Toro and La Sandia in Tysons Corner will be open, and serving their popular brunch this Presidents Day, Monday, February 15th.

El Centro D.F., with two locations in the district, serves up all-you-can-eat authentic Mexican brunch on Presidents Day. Brunch is offered from 10 a.m. to 3 p.m. at the Georgetown and 14th Street locations. Priced at $35 per person (tax and gratuity not included)
El Centro D.F. is located at 1819 14th Street, NW. For reservations call (202) 328-3131
El Centro Georgetown is located at 1218 Wisconsin Avenue, NW. For reservations call (202) 333-4100
For further information, visit the websites at http://www.richardsandoval.com/elcentrodf and http://www.richardsandoval.com/elcentrogtown.

Located in the lively 14th Street neighborhood at 1825 14th Street, NW, Masa 14 serves colorful Latin-Asian cuisine to brunch-goers on Monday 15th. A prix fixe brunch is available in the main dining room from 10 a.m. to 3 p.m. for $39 (tax and gratuity excluded, with the last seating at 2 p.m.). For more information or reservations, call (202) 328-1414 or visit www.richardsandoval.com/masa14.
Situated next to the Gallery Place/Chinatown metro, Zengo, located at 781 7th Street, NW, will offer a Bottomless Brunch on Monday 15th, from 10 a.m. to 3 p.m. Priced at $39 per person and $10 per child under 10 (tax and gratuity excluded). For reservations or additional information call (202) 393-2929 or visit www.richardsandoval.com/zengodc.

Toro Toro, located at 1300 I Street, NW,  will offer brunch service from 11 a.m. to 5 p.m. Brunch is priced at $39 per person (tax and gratuity it not included)  For more information and reservations visit http://www.richardsandoval.com/torotorodc, or call (202) 682-9500.

Over in McLean, Virginia, La Sandia, located at 7852L Tysons Corner Center will serve a la carte brunch Sundays, from 11 a.m. to 3 p.m. The menu at La Sandia is inspired by acclaimed Chef Richard Sandoval’s culinary mantra of 'old ways, new hands.' At the restaurant he reinterprets traditional dishes with innovative techniques and skillful presentation. Prices range from $8.95 to $15.95. 
For reservations or additional information please call (703) 893-2222 or visit http://www.richardsandoval.com/lasandiavirginia/