Photo by Momo Chang
This building now belongs to Hasta Muerte.
After its building was put on the market, the collective behind Oakland's Hasta Muerte Coffee rushed to combat the looming threat of displacement. Now, the group of worker-owners is celebrating.
The collective announced today on Instagram
that it successfully purchased its mixed-use building at 2701 Fruitvale Ave. It crowdfunded more than $50,000 and teamed up with the Oakland Community Land Trust to both secure the cafe and two residential units upstairs, which it plans to maintain for low-income residents.
While the Oakland Community Land Trust served as the initial buyer and will eventually transfer the building to the collective, the long-term plan is for the nonprofit to keep the land that the building sits on for 99 years to ensure the building isn't sold at market rate in the near future. In other words, it's battling gentrification. Read the Express
' prior reporting on the deal here