Barred in DC

DC bars. [email protected]. IG/Threads: therealbarredindc. Bluesky: barredindc.

[The Ghost of Glenda Ms. Jackson if Ya Nasty @kbaileyjava2]

Mom can you pick me up, they’re using the word gentrification about pizza now

[Barred in DC @BarredinDC]

Read more here https://t.co/qd8aEi608T

[Barred in DC @BarredinDC]

For those of you who are newer followers or don’t remember, Mrs. Barred almost died 6 years ago today shortly after childbirth.

She reflects on this, and other 6 year moments, in her Substack

[Barred in DC @BarredinDC]

TBH I like the diversion of the payroll tax to general fund as a lowkey commuter tax

[Ashley Schapitl @AshleySchapitl]

Initiative 82 combined with tripling the payroll tax from .25% to .75% have really increased costs for restaurants. One helpful thing @Janeese4DC and the Council could do is put the payroll tax back to .25% since most of the money goes into the general fund and not paid leave. https://t.co/BaBt0YswMX

[Adam Nathan @adampnathan]

22 cities got nonstop flights to Tulum's new airport. After next May, only 3 are left.

Mexico's army built it for about 16 billion pesos. Here's how it emptied out so fast.

[Barred in DC @BarredinDC]

Not sure my point here but went to a comedy show recently.

The opener made a reference in her standup that she was 30 years old and it clearly took me and most of the older folks in there a long time to realize she was calling herself old

[Barred in DC @BarredinDC]

Kraken Courts in Edgewood closed their public indoor roller skating rink in late June.

While pickleball courts have remained, they have repurposed the skating areas to be a kids indoor playground called Dash Den.

Currently open Fri-Sun 11a-7p - $25 90 min slots

[Barred in DC @BarredinDC]

73-74 hours to kickoff - officially there is still a soccer game and a football game scheduled early afternoon at Audi Field on Saturday.

[Emma Baccellieri @emmabaccellieri]

The Spirit believed an NWSL semifinal would have to be played at Northwest Stadium. By halftime of their big quarterfinal win, that felt untenable. A few hours later, they had finalized a solution. Behind the scenes of getting the game to "Rowdy Audi": https://t.co/odzxSL662e

[Barred in DC @BarredinDC]

Oasis on H - which is the name of the bar at Suya and Spice (previously called Open Crumb, which relocated from Anacostia last year) - is doing $5 drinks today starting at 1p.

In the former Chupacabra space at 9th and H NE

[Christian Kosko @mortgagesinDC]

10/12 by @AshleySchapitl and comments spot on by @BarredinDC
from a mortgage nerd...the most important point here: DC landlords can't cut rent because their mortgages were sized for a DC that no longer exists (today)

In commercial real estate, many times an empty building is worth more than a full one. Commercial real estate is priced off income or its potential income: net operating income / cap rate. The rent received is the asset

Here's an example:
Building A: fully leased, 5 tenants, all at 50% of market rent because landlord wanted to stop losing money. $500k NOI. Value = $7.1m

Building B: completely empty. Bank underwrites it at "market rent" of $1m NOI (remember, Building A is 50% of market). Value = $14.3m when stabilized. Then a formula subtracts lease-up costs like downtime, free rent concessions, buildouts, broker commissions to call current value = $12m "as-is"

Building B is worth $5m more than an occupied building to investors
add on the compounding impact of Building A
1) commercial leases run 5+ years which locks in below market value of asset
2) each signed lease becomes a comp, dragging down the next building on the block

that's why you see "6 month free rent" instead of lower rent. Because concessions protect the full rent value which protects the value of the building

Vacancy for landlords may cost less for one, two or three years rather occupying at below market which then devalues their asset by millions

It sucks for everyone from landlord, to businesses to our residents

This is why I believe 2027 & 2028 have the potential to be the bottom of DC and the moves, policy and incentives over the next 3 - 5 years will be so critically important to get back to DCs thriving years

[Elissa Silverman @tweetelissa]

I love pizza, and I love Chesapeake Bay steamed blue crabs. I’m just not sure I love them together. But I’m gonna call @paulschwartzman, and happily buy each of us one to benefit @foodbankmetrodc. Let me know if @BarredinDC & @LauraHayesDC want to come too.

[Barred in DC @BarredinDC]

Looks like Rose’s Luxury catering/home delivery business is taking over the former Kaiju Ramen space up the street (closed about a year ago) on Barracks Row

[Barred in DC @BarredinDC]

Adams Morgan bar Grand Duchess cleared out its photos/followers/following on its IG account and changed the account’s name to General Commander.

No idea what’s going on there

[Barred in DC @BarredinDC]

Ha wild we were sitting next to this table last night - that ravioli really is delicious. Our kid doesn’t like cheese except on pepperoni pizzas and she devoured it

[Daphne Hansell @DaphneRHansell]

At long last…it was delicious

[Matthew Adler @mattadler81]

We’ve been very intentional about this since opening; offering a really great kids' menu at a solid value! We always have lots of families dining during the first turn on weekends! Second and third more often folks on dates/celebrating etc.

[Laura Hayes 🍣 @LauraHayesDC]

First of all, proceeds benefit the Capital Area Food Bank. Second, restaurants are going through hell.

[Stan Veuger @stanveuger]

This is the bizarrely hostile response by one of DC’s council members to a new pizza flavor (!) rolled out by two local businesses (!) to raise money for a food bank (!).

[Barred in DC @BarredinDC]

Saw IRL two DC Twitter celebrities @mattadler81 and @mlstrat yesterday - what a day

[Barred in DC @BarredinDC]

Great service from Matt Adler (who was in the house!) and the team there

[Barred in DC @BarredinDC]

Took Lil Miss Barred for her birthday meal to Caruso’s Grocery for dine-in for 1st time. I had the chicken parm sub vodka sauce and a great fall rum/banana cocktail. Got treated to incredible fall ravioli with ricotta cheese and squash

[Barred in DC @BarredinDC]

Kids menus at Caruso’s are great. $13.50 for Caesar or mixed green salad, large entree of spaghetti/meatballs, chicken parm, butter pasta, or chicken fingers, and a scoop of vanilla or chocolate ice cream