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re: Nola Four Seasons on the ropes
Posted on 4/18/24 at 1:13 pm to SlidellCajun
Posted on 4/18/24 at 1:13 pm to SlidellCajun
It’s the limitations of the building. There just aren’t a lot of windows. Hard to feel like a nice hotel room when you have one small window. And no one wants a multi million condo in a high rise that doesn’t have sweeping windows.
The new ceasars hotel will do much better. Floor to ceiling windows will give views of the river and down canal street.
Just an unfortunate building with major limitations given the price point they want to charge.
Great location though so they will make it work somehow.
The new ceasars hotel will do much better. Floor to ceiling windows will give views of the river and down canal street.
Just an unfortunate building with major limitations given the price point they want to charge.
Great location though so they will make it work somehow.
1
Posted on 4/18/24 at 1:15 pm to Tarps99
quote:
Meanwhile there was bum laying in the Elevator to Vue Orleans where the wedding party was to exit.
I prefer to be called an urban outdoor enthusiast.
Posted on 4/18/24 at 1:21 pm to danilo
quote:
New Orleans is a dying whore
Great song!
Posted on 4/18/24 at 1:38 pm to NewIberiaHaircut
quote:
Great song
New Orleans is new Vietnam
Posted on 4/18/24 at 1:44 pm to SlidellCajun
Who's gonna buy a luxury condo in N.O. ?
There are few big businesses.
Few foreigners moving to N.O.
Athletes and old money generally aren't looking for downtown condos.
WTF was the target demographic?
There are few big businesses.
Few foreigners moving to N.O.
Athletes and old money generally aren't looking for downtown condos.
WTF was the target demographic?
Posted on 4/18/24 at 1:52 pm to billjamin
Where will Drew and Brittany live?
Posted on 4/18/24 at 1:53 pm to Shiftyplus1
quote:
Here's the penthouse you get in Chicago for $15 million.
Zillow
I know it's not all that accurate, but the zestimate for that place is WAAAYYY off...
quote:
$7,383,900 Zestimate
Also, $13k a month in HOAs, and i cannot even imagine what those property taxes would be. I paid $500 a month in property taxes for my 1,100 sq ft 2bd 2ba condo when I lived there. This place has to be outrageous.
Posted on 4/18/24 at 2:07 pm to SlidellCajun
commercial lending is in the shitter
Posted on 4/18/24 at 2:08 pm to KiwiHead
quote:
Where will Drew and Brittany live?
The same place they live now
San Diego
Posted on 4/18/24 at 2:09 pm to Privateer 2007
quote:
Who's gonna buy a luxury condo in N.O. ?
Drew & Mickey
Posted on 4/18/24 at 2:20 pm to danilo
quote:
New Orleans is new Vietnam
I have not been to Vietnam but from what i hear it is way way nicer than NOLA , generally speaking .
Doesnt have the NOLA history, however i understand there was some type of conflict in Vietnam circa 50 years ago………… So it has its own history .
Posted on 4/18/24 at 2:36 pm to Chad504boy
quote:
Gayle should buy and rent to visiting pro teams during year
Next year she would make bank for the Super Bowl.
Posted on 4/18/24 at 2:43 pm to SlidellCajun
It will be figured out. They’ve sunk too much into it to let it fail, and too much has gone well to accept it as a total flop. Hotel occupancy is average and will get better as the Super Bowl approaches. Meantime, they’d be wise to lower their prices to be more competitive with their competition. The residences were going to be a stretch even when interest rates were low. They’ve sold two thirds of them, which is awesome for something that was ambitious from the jump. But it sounds like it’s the larger ones…the 3 bedroom units…that haven’t sold. Again, if they can secure the cash to get thru the next 18 months, some additional units may finally move after the Super Bowl.
As for Boysie’s penthouse. Well, I don’t think he’s going to be able to move it anytime soon at 19 mil unless Todd Graves or Gayle Benson is in the market.
As for Boysie’s penthouse. Well, I don’t think he’s going to be able to move it anytime soon at 19 mil unless Todd Graves or Gayle Benson is in the market.
This post was edited on 4/18/24 at 2:47 pm
Posted on 4/18/24 at 2:46 pm to Shorts Guy
It’s a beautiful building and the bar is nice.i don’t need to spend $400+ on a room to go to New Orleans. There are plenty of other options.
Posted on 4/18/24 at 2:47 pm to SlidellCajun
Shocking
Posted on 4/18/24 at 2:52 pm to Art Vandelay
Yeah double that
ETA: just checked and a room for this weekend for two nights is $1,590
ETA: just checked and a room for this weekend for two nights is $1,590
This post was edited on 4/18/24 at 2:54 pm
Posted on 4/18/24 at 2:54 pm to SlidellCajun
Charity Hospital project going bust too ...
Signs of a great economy and a city going into further decay and dispair.
But we got another Super Bowl next year which is going save us.
Signs of a great economy and a city going into further decay and dispair.
But we got another Super Bowl next year which is going save us.
Posted on 4/18/24 at 3:21 pm to ned nederlander
quote:
Hard to feel like a nice hotel room when you have one small window.
I’ve stayed several times & really enjoy it, but this is my only complaint. The windows are about 3ft wide & they’ll charge extra depending on direction your room faces. The whole wall is covered by the curtains, so you’re expecting some magnificent view when you open them, only to find that tiny porthole of a window.
Posted on 4/18/24 at 3:22 pm to SlidellCajun
The hotel will be fine. It opened into the post-COVID market. The tourism / convention business is recovering, and we have a lot of major events on the books the next few years.
The residences were targeting wealthy foreigners, but the economy is hurting them, as well as interest rates.
The residences were targeting wealthy foreigners, but the economy is hurting them, as well as interest rates.
Posted on 4/18/24 at 3:31 pm to Cracker
quote:
commercial lending is in the shitter
There is an old saying about commercial lending. You owe the bank a few million, the bank owns you. You owe the bank several hundred million, you own the bank.
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