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re: Tallest building to be built in over 30 years in New Orleans begins construction
Posted on 7/2/18 at 1:29 pm to Lakeboy7
Posted on 7/2/18 at 1:29 pm to Lakeboy7
quote:
Pretty sure Plaza Tower has big time asbestos and mold issues, its been empty at least 10 years.
quote:
After changing hands several times following Hurricane Katrina, the building was gutted and remediated for mold and asbestos.
Seems those issues were fixed.
0
Posted on 7/2/18 at 1:29 pm to ellishughtiger
quote:
Joe Jaeger
How does everyone feel about this guy?
Hell of a baseball player
Posted on 7/2/18 at 1:30 pm to beerJeep
quote:
so what, 71 apartments won’t even get a single parking spot?
Section 8 levels won't be able to afford a vehicle.
Posted on 7/2/18 at 1:31 pm to kingbob
Is it the Plaza Tower?
A single owner bought that building for $650k at auction 7 years ago
It's changed hands since and there have been efforts to redevelop it but none have taken off. That area is really booming and this thing will get filled no doubt just like all the other condo properties surrounding it.
A single owner bought that building for $650k at auction 7 years ago
It's changed hands since and there have been efforts to redevelop it but none have taken off. That area is really booming and this thing will get filled no doubt just like all the other condo properties surrounding it.
Posted on 7/2/18 at 1:32 pm to ellishughtiger
quote:
not extending the lease to Harrahs
I agree with him on this, 30 years is way to favorable to Harrahs, the state could do much better.
Posted on 7/2/18 at 1:32 pm to ellishughtiger
quote:
Yay. More $600k 1br condos coming downtown. Not sure who’s buying these though.
I'm betting that these are to meet the whole short term rental market for tourists because I don't see the money locally for all of this high end condo business.
Posted on 7/2/18 at 1:33 pm to ellishughtiger
quote:
I honestly don’t know much about him besides being the father of hospitality in the city. I know he was a proponent of not extending the lease to Harrahs
Funny because he owns the biggest mechanical contracting company in the city and stacks $$$$ off of all of these new developments, including the Harrahs project and he will on the new Harrahs project as well
Posted on 7/2/18 at 1:33 pm to Lakeboy7
quote:
They will contractually "set aside" a floor for low income housing, write it so no one can figure out how to qualify and then after a period of time the 'set aside" reverts back to full retail with no restrictions, fricking lawyers.
Not with HUD chipping in almost $70 million.
Posted on 7/2/18 at 1:35 pm to jamboybarry
quote:
A single owner bought that building for $650k at auction 7 years ago
It's changed hands since and there have been efforts to redevelop it but none have taken off. That area is really booming and this thing will get filled no doubt just like all the other condo properties surrounding it.
Ryan Jaeger still owns it
This post was edited on 7/2/18 at 1:36 pm
Posted on 7/2/18 at 1:36 pm to theunknownknight
quote:
Can’t wait to throw beads from it for titties
With my eyesight, dems gotta be some big titties.
Posted on 7/2/18 at 1:38 pm to Lakeboy7
quote:
They will contractually "set aside" a floor for low income housing, write it so no one can figure out how to qualify and then after a period of time the 'set aside" reverts back to full retail with no restrictions, fricking lawyers.
Yep, or offer tax incentives to have some low income units and then that could expire as well.
Happened not long ago at the American Can Company in mid-city. Low income tenents (the ones who caused 95% of the trouble) were told without much notice to get the fck out.
The real fun in downtown New Orleans is going to start when the stupid lawyers stop screwing around and the conversion of the World Trade Center into a Four Seasons Resorts can begin.
Posted on 7/2/18 at 1:39 pm to bee Rye
The Plaza Tower is one fricked up building. Lots of asbestos and narow hallways and questionable internal construction. Plus Joe is living with a lawsuit on the building because of the beneficiaries of the trust you mentioned
Posted on 7/2/18 at 1:41 pm to KiwiHead
quote:
The Plaza Tower is one fricked up building. Lots of asbestos and narow hallways and questionable internal construction. Plus Joe is living with a lawsuit on the building because of the beneficiaries of the trust you mentioned
I wish it could just be torn down and someone start over. That land is too valuable to have that pile of crap just sitting there empty.
Posted on 7/2/18 at 1:42 pm to LSUneaux
quote:
Tallest building to be built in over 30 years
quote:
29 story structur
What a 1 horse town
Posted on 7/2/18 at 1:42 pm to LSUneaux
I would not live any higher than I could jump with minor injuries.
Posted on 7/2/18 at 1:42 pm to notiger1997
One day that is what is going to have to happen. A tear down.
Posted on 7/2/18 at 1:44 pm to tgrbaitn08
quote:
Funny because he owns the biggest mechanical contracting company in the city and stacks $$$$ off of all of these new developments, including the Harrahs project and he will on the new Harrahs project as well
He sold MCC to the owners of the former Shaw Group a couple years ago.
Posted on 7/2/18 at 1:44 pm to Tiger in Gatorland
Almost undoubtedly will have a certain number of low income/fixed rent units.
Posted on 7/2/18 at 1:44 pm to tgrbaitn08
quote:
Mixed income housing
what a stupid fricking conceptPosted on 7/2/18 at 1:44 pm to Lakeboy7
quote:
They will contractually "set aside" a floor for low income housin
This is fairy standard with new construction in NYC. In NYC, it’s not necessarily tied to Fed loans, but in exchange for zoning (height) variances. The buildings are built with “poor doors” so subsidized tenants don’t have access to the lobby, gyms, or other amenities. Some buildings even have different addresses for the subsidized units. It’s truly a building within a building. Of course people get pissed and fight the development.
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