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re: The Odeon, tallest building constructed in NOLA in 3 decades, to open next month
Posted on 10/1/20 at 4:41 pm to John Wayne
Posted on 10/1/20 at 4:41 pm to John Wayne
quote:Who the hell is buying all those Warehouse District condos? There aren't enough jobs in Nola's shitty economy to support all these 500k+ condos.
One-bedroom units range from $1,685 to $2,930, and two-bedroom living spaces range from $3,085 to $3,510 per month.
This post was edited on 10/1/20 at 4:42 pm
2
Posted on 10/1/20 at 4:46 pm to yaboidarrell
quote:
Who the hell is buying all those Warehouse District condos?
The Odeon is apartments (rent only), not condos. But the Standard (part of the same development) is strictly condos, which are insanely expensive in terms of square footage.
Posted on 10/1/20 at 5:21 pm to yaboidarrell
quote:
Who the hell is buying all those Warehouse District condos?
A lot of second homes. You’ll be surprised by the amount of people from Houston to Mobile that own a condo in Nola. My parents live in BR and have a condo in the WHD, a majority of their condo neighbors are retirees that own primary homes in BR and Houston. Besides a few renters most of the condos stay empty 75% of the year.
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