Comments on: Ready For Some Huge Monday Morning News? Taylor’s Deli Opening Second Location at City Vista in Mt. Vernon Triangle

By: reflexive

reflexive — Sun, 18 Oct 2009 15:21:40 +0000

# eric in ledroit Says:
this neighborhood is a bit sketchy.

———–

hahaha.

By: SG

SG — Tue, 30 Jun 2009 17:34:25 +0000

I actually disagree with Odentex (which is rare). Mt Vernon Triangle is basically an extension of downtown. Even if the lots around it aren’t developed in a timely manner, the area has a critical mass of residents, and crime is a shadow of what it was. We’re not talking gunshots like in Columbia Heights or Petworth. Sure, if you go a number of blocks north into Shaw, you’ll find violence, projects, and gunshots, but not in Mt Vernon Triangle… I do not live there nor do I want to necessarily, but if I were a betting man, I’d bet big on that neighborhood due to its immediate proximity to some very desirable downtown neighborhoods, as well as main interstates and thoroughfares. It’s easy to work in VA from there with 395 nearby. Remember the three rules of real estate- location, location, location.

And Dave is right that the Dumont will be filled very quickly if it becomes rental. A RE company will probably purchase the two buildings for ~$140 million and profitably rent the units at a reasonable price. Three years ago those buildings would have gone for over $200 million and many units would still be sitting on the market because the developer would try desperately to recoup their investment. The developer and lender lost big on the Dumont, but it could be good for the neighborhood in the medium term, adding some nice rental balance to what is a condo-heavy neighborhood.

By: Odentex

Odentex — Tue, 30 Jun 2009 17:23:47 +0000

Dave: Rentals rather than condos, more like. I just wouldn’t bet on that area yet. You go from Safeway to shelter in one block. Just not the same as an established residential neighborhood like PW.

By: ibc

ibc — Tue, 30 Jun 2009 14:52:55 +0000

Will they be answering the phone at the new location? Or will it just ring and ring and ring when you’re trying to place an order, like at the H Street location?

Recently I feel like I’ve dialed the DMV by mistake when I call to order my 12″ Vine Street

By: Dave

Dave — Mon, 29 Jun 2009 21:04:10 +0000

The vacant buildings on 4th and Mass are called the DuMont. Several of the units were reserved and deposits taken, but the builder defaulted on the loan and the bank foreclosed. Now the bank is selling both buildings apparently as a package for $170 Million. So, it’s not quite as bad as it seems, because at some point and some price someone will buy them and either rent them out or sell them as condos.

By: Solong

Solong — Mon, 29 Jun 2009 21:02:11 +0000

@sketchy comment- if you haven’t been in the neighborhood lately, you should check it out. I’ve lived in the area on and off for 5 years, and the difference is night and day. While I certainly wouldn’t venture too far off the CityVista complex lot late at night, during the day the area seems 10X safer than Columbia Heights or Petworth Metro Areas. The 5th street corridor there is sure to boom in the nexty few years, and once the condos are settled, this area will be amazing. Look for the parking lot across on 5th and k to be converted once CityVista hits its stride.

By: 9thandbuchanan

9thandbuchanan — Mon, 29 Jun 2009 19:45:13 +0000

I hope they finally buy some mayo…

By: eric in ledroit

eric in ledroit — Mon, 29 Jun 2009 19:30:33 +0000

this neighborhood is a bit sketchy.

By: CP

CP — Mon, 29 Jun 2009 18:02:49 +0000

Looks like that’s the last time I have to schlep all the way down to H Street NE. Bonus points for that.

By: Anonymous

Anonymous — Mon, 29 Jun 2009 17:11:02 +0000

Right, it’s Taylor. Named after the street near their other location.