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Developments at 14th and T

by Prince Of Petworth October 27, 2008 at 10:09 pm 30 Comments

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I know I’m a little late to this one but I’m super curious to know your opinions. City Paper/City Desk broke the news on Friday:

“Sources close to the deal say that the earlier agreement to lease the space from the current owner fell through. Rather than let their dream die, Diner/Tryst/Open City owner Constantine Stavropoulos and DC-Improv and Riot Act comedy impresario John Xereas, along with a few others—including (Dave) Chappelle, a Xereas acquaintance who has D.C. roots—worked to get a deal together to buy the building. The bid is in the neighborhood of $9 million. The problem? They’re not the only ones interested.

Big-box furniture outfit Room & Board, based in Minneapolis, has also put in a bid for the building, according to a real estate source. Although the bid is said to be close to what the locals have offered to pay, the current owners put their trust in furniture. The Room & Board bid has been accepted, the source said, albeit with a 60-day window where it can be retracted.”

I was super psyched for a Tryst type spot to go in there but I’m not that familiar with Room & Board. So which would you rather see go into the spot? If the Room & Board does end up going in do you think it will be able to thrive in that location?

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