Wednesday, August 28, 2013

North Capitol & Florida Av NW lot owner Joe Mamo in the news again

Will we be posting every Joe Mamo press blurb here on the Bloomingdale blog?  Nope.  Just to let Bloomingdalians know that Joe Mamo is in the news right now.

And for newer residents -- why do we care about Joe Mamo?
 


He owns the vacant lot -- formerly a gas station -- on the northwest corner of North Capitol and Florida Avenue NW
                  
The lot is adjacent to the former Soul Day Spa & Salon, now the Fiddleheads Salon.
                                                  
I believe that the Planned Unit Development (PUD) for this site has expired -- and if it hasn't, then it is about to. 
                                                                               

D.C. attorney general takes aim at gas mogul Joe Mamo

Aug 28, 2013, 7:06am EDT Updated: Aug 28, 2013, 7:39am EDT
by Staff Washington Business Journal
                                                                                   
More than a year after abandoning an antitrust probe of D.C.'s largest owner of gas stations, D.C. Attorney General Irvin Nathan on Tuesday filed a lawsuit in D.C. Superior Court against companies owned by Virginia businessman Eyob "Joe" Mamo, The Washington Post reported.
                       
The lawsuit uses a new legal tactic in a bid to lower gas prices in the District. The suit alleges that "exclusive-supply agreements" between Mamo's gas wholesaler and the independent dealers who operate Mamo-owned stations violate District laws regulating the gas retailing industry.
                                                         
ExxonMobil is also named as a defendant in the case, as it established the agreements in question before selling 29 stations to Mamo in 2009, and can still enforce them through its supply contracts with distributors, the Post reported.

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