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Posted on 2/13/20 at 5:30 pm to LSUFanHouston
quote:
This city doesn't like to force people to do things. See, all the gutted, vagrant houses still standing almost 15 years after Katrina.
Taking down the Hard Rock collapse might very well be a campaign promise in the next mayoral election
This post was edited on 2/13/20 at 9:13 pm
Posted on 2/13/20 at 5:41 pm to LSUFanHouston
quote:
This city doesn't like to force people to do things. See, all the gutted, vagrant houses still standing almost 15 years after Katrina.
Then what makes you think this site will be cleared by the next mayoral election?
Posted on 2/13/20 at 5:43 pm to tgrbaitn08
quote:
hope the hard rock sues Latoya Cantrell and the city of New Orleans into oblivion
Even if they won and got the most headline grabbing amount ever awarded by a jury— it would be knocked down on appeal
The city will pay $0.00 for this
This post was edited on 2/13/20 at 5:44 pm
Posted on 2/13/20 at 5:55 pm to MojoGuyPan
quote:
Axl Rose's pants on the wall.
Um...
Posted on 2/13/20 at 5:58 pm to LSUFanHouston
quote:
Hard Rock did not build or having anything to do with building the hotel
That’s why when you license out your IP you make sure the people you’re licensing it to are reputable.
Posted on 2/13/20 at 6:00 pm to Coon
quote:
Years later when the sand subsided, none of the of plumbing was supported and they had to hire someone to tunnel under the building and repair all of the plumbing.
Like the new airport terminal.
Posted on 2/13/20 at 6:04 pm to LSUFanHouston
just wait until someone gets hit by a leg
Posted on 2/13/20 at 6:15 pm to tgrbaitn08
quote:
Then what makes you think this site will be cleared by the next mayoral election?
I'm hoping that smarter heads prevail, considering this is a huge project on a major city intersection, not a flooded out crack house in the east.
Posted on 2/13/20 at 6:20 pm to Draconian Sanctions
quote:
That’s why when you license out your IP you make sure the people you’re licensing it to are reputable.
My understanding of this deal is that after construction, 1031 Canal was still going to own the building (or maybe they sell to another investor) but Hard Rock was going to completely run the show under a management services agreement.
In a typical hotel "flag" contract, you still have an operator who licenses the IP from the chain.
I think this was meant to be more than that. Hard Rock itself was going to lease the building and be the operator, probably on a triple-net lease.
So I don't think it's a licensing agreement per se.
Having said that, no doubt that Hard Rock got into bed with these clowns, a decision I am sure they regret.
Posted on 2/13/20 at 6:42 pm to Indefatigable
quote:
The city will pay $0.00 for this
That’s not the point. The city of New Orleans never pays out judgments against them.
quote:
the most headline grabbing amount ever awarded by a jury
Now you get it
Posted on 2/13/20 at 6:47 pm to LSUFanHouston
quote:
was willing to give the city the benefit of the doubt for a long time. I still am to some extent, the city didn't cause the building to collapse. But the city damn sure needs to ramp up the pressure on these developers, or the city just needs to condemn the property and take it down.
I think it’s tentatively happening 4 weeks from this Saturday, currently.
Posted on 2/13/20 at 6:49 pm to LSUFanHouston
Same as BP. Tough shite
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