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Times Picayune highlights another story about questionable and corrupt property deals

Posted on 6/1/26 at 10:47 am
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
4622 posts
Posted on 6/1/26 at 10:47 am
The extremely cliffs notes version- group offered to purchase community garden/property (3 empty lots) from non-profit for 90K total a few years ago. Delisha Boyd’s real estate firm who represented the property laughed and said “why would they sell all three lots for the price of one???” Fast forward to today…Delisha Boyd’s own company is buying the lots for 15K each. So they argued the lots were worth 90K each a few years ago but now that Delisha Boyd’s firm is buying them…they are only worth 15K each. Seems reasonable and totally above board.

Link - LINK

New Orleans politician in the hot seat over cheap sale of 7th Ward community garden. Here's why.
The sale of the Frenchmen Street Community Garden has renewed scrutiny of state Rep. Delisha Boyd’s business dealings.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
78582 posts
Posted on 6/1/26 at 10:50 am to
You all over this woman. Keep fighting the fight brother.
Posted by jnethe1
Pearland
Member since Dec 2012
17913 posts
Posted on 6/1/26 at 10:51 am to
More corruption from the usual suspects.

This post was edited on 6/1/26 at 10:52 am
Posted by bad93ex
Walnut Cove
Member since Sep 2018
36278 posts
Posted on 6/1/26 at 10:51 am to
tired of deez acquisitions, dey been witchhunt
Posted by Napoleon
Kenna
Member since Dec 2007
74343 posts
Posted on 6/1/26 at 11:01 am to
I saw that.
Happens all over. Filtering Spencer Pratt i learned there was a property owner selling a property for $14m. But it was bought for $27m by a non profit the owner was on the board of.

Also locally in Kenner The last administration paid $1.5m for a lot in university city valued at $300k tops.
Posted by Breauxsif
Member since May 2012
22532 posts
Posted on 6/1/26 at 11:04 am to
quote:

More corruption from the usual suspects.

They all have that certain look about them.
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