Quantcast
Results tagged “boespresso”

B&O Espresso Stands Pat, for the Moment

Got a tip from Joshua, who just talked with the owner of the B&O Espresso about his Capitol Hill plans, and it doesn't sound like the wrecking ball is imminent. Majed says he's been invited to stay at the Belmont and Olive location for another "two to three years." This on the heels of CHS reporting that the proposed B&O location on Broadway is "for lease" again. These are troubled times and we'd prefer if nothing came between us and our preferred chocolate mousse purveyor. more ›

Can We Get Geithner on This B&O Thing?

Can We Get Geithner on This B&O Thing?

Dominic Holden's got a good piece up about the future of Capitol Hill dessert emporium B&O Espresso. Now that a developer is moving forward with plans for six-story apartment building on the site, B&O owner Majed Lukatah is caught between a rock and a hard place:

Lukatah is also skeptical that he can still open a second location on Broadway—which could serve as a substitute location while the B & O is closed—even though he has already obtained the permits. Banks won’t offer him a loan to remodel the space, he says.
A 33-year-old business that has got to have an annual gross in the seven figures can't get a loan for a remodel? Here's hoping Tim Geithner can get the banks to take a page from the George Bailey playbook: "Where's that money, you silly, stupid old fool?! Where's that money?! D'you realize what this means? It means bankruptcy and scandal and prison! That's what it means. One of us is going to jail!" Whoops. That's not right. We mean the part where George loans money to people who need it. more ›

1

send a tip

tips@seattlest.com
Follow gothamist on Twitter