Possible Location of New Java & Cream

IMG_4352, originally uploaded by Prince of Petworth.

We’ll find out in only two years, stay tuned…but man that would be sweet.

14 Comment

  • PoP, can you please indicate the address in your various posts. It is not like all of us know every single corner and block as well as you do. 🙂

  • Sorry again, I’ll do that in the future. This is at the corner of New Hampshire and Georgia Ave. Right across the street from the Petworth metro.

  • Thanks! 🙂 That’s what I thought but was not sure.

  • What’s with the two year timeline?

  • That’s when the lease runs out on the space.

  • isn’t there a Mocha Hut going in at the condo site, though?

  • There sure is. A little healthy competition…

  • thanks PoP for giving the address/intersection — commenter #1 had my same question!

  • PoP or others, do you have any other rumors or facts about retail coming to the apartment/condo buildings (besides the Yes! Organic Market and the Mocha Hut)?

  • now where am I going to get my checks cashed? guess I’ll just have to find some other check cashing place nearby . . . oh wait.

  • I can’t wait for that place to go away. Definitely gives the area the ghetto look.

  • A Payday lending bill has been approved by D.C. Council which puts a cap on interest rates for unsecured loans at 24 percent.

    The council voted 12 to 1 in favor of the bill

    Currently, payday lenders are exempt from the District’s usury law and often charge more than 400 percent annual interest. That comes out to slightly more than $16 in interest on a two-week, $100 loan. Under the new legislation, payday lenders may charge about 92 cents on the same 14-day, $100 loan.

    At 92 cents on a $100 loan, payday lending shops will not be able to recover their overhead costs, let alone make a profit, according to industry officials. The bill will force many of them to close and likely result in about 400 layoffs, they say.
    Some financial services organizations, such as Ace Cash Express Inc., offer other products such as check cashing, money remittances and wire transfers. They may be able to stay in business but won’t continue offering payday loans.

  • Good news. Now if only congress could grow a backbone and pass a usury law capping rates to put those misery brokers at the credit card companies in their place.

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