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The Georgetown Metropolis

3200 block of M St.

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The Morning Metropolitan

Photo by Victoria Pickering.

Good morning Georgetown, here’s the latest:

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The Georgetown Metropolis

1300 block of 31st St.

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God Save the Current!

As reported last week, the Current Newspapers, including our own Georgetown Current, filed for bankruptcy protection last week. In an age where local publications are being demolished by Facebook and Google sucking up all the ad revenue, it was grim news to see the Current in such financial straits.

But the newspaper published an issue this week (after a holiday break). And they issued a message to the public describing the paper’s future:

Dear Readers and Friends of the Current Newspapers,

As we begin the New Year, we wanted to let you all know, in the interest of stabilizing the company, The Current’s Board of Directors has decided to file for Chapter 11 reorganization. This reorganization will allow us to continue to do business as we have for the past 50 years while we restructure the financial foundation of the company.

In addition, a new Current Newspaper Company will be established under new management that will operate as before, but with a new operating plan that will maintain our local news focus, while expanding our print and digital coverage of local events, sports and the Northwest lifestyle.

We bring this to your attention in order to set the record straight about our situation and because we greatly value our relationship with you as readers and clients of the Current Newspapers. We are committed to maintaining your trust, and, hopefully, your business as we restructure and improve our internal systems, circulation and our print and online products.

In summary, we can assure you that we will continue to publish the finest local community newspapers in the D.C. Metro area, and we will continue to deliver to our advertisers the affluent, involved and responsive readership we always have.

Sincerely,

Management of the Current Newspapers

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The Morning Metropolitan

Photo by the Chairman of the Joint Chiefs of Staff.

Good morning Georgetown, here’s the latest:

  • NCPC considering options to light up the Key Bridge.
  • Update from yesterday’s story on the most expensive home sold in Georgetown last year: it was built in 1867, not 1887. (Which makes sense since its Italianate style was much more popular in the 1860s than in the 1880s).

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The Georgetown Metropolis

1600 block of Avon Place

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This Was The Most Expensive Home Sold in Georgetown Last Year

2017 is closed, and it can now be said that the most expensive home sold in Georgetown last year is the lovely Italianate home at 3024 Q St.

The home, built around 1887, was sold in May for $6.75 million. It was listed in March for $7.25 million. That’s a fairly healthy return on a house that was last sold in 2001 for just above $2 million.

But it sure does seem worth the money. Just check out the back yard:

There’s also apparently off-street parking for seven cars, which seem excessive.

The indomitable Nancy Taylor Bubes was the selling agent. The lucky new owner is the Lucky Star Trust. Hopefully they’ll fill the house with the pitter patter of little LLCs and Revocable Trusts.

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