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re: When it comes to real estate, is New Orleans the strangest case in the US?

Posted on 3/30/14 at 11:04 pm to
Posted by 03geauxtigers
New Orleans
Member since Aug 2009
136 posts
Posted on 3/30/14 at 11:04 pm to
Yeah I think that is the name. It's right across 200 carondelet, but the entrance is on common, not carondelet.

I've heard about preserve but not crescent club.
Posted by 03geauxtigers
New Orleans
Member since Aug 2009
136 posts
Posted on 3/30/14 at 11:06 pm to
quote:

I think he was talking about the saulet


correct. Former in-law lived there, and she ended up moving. Said the place could get sketchy at night, especially outside some of the buildings.
Posted by Boats n Hose
NOLA
Member since Apr 2011
37248 posts
Posted on 3/30/14 at 11:09 pm to
I've been around there at night but it was always in big groups.
You don't have to venture too far from that complex to be in sketchville though. I feel like that describes pretty much the entire city though
Posted by OldHickory
New Orleans
Member since Apr 2012
10602 posts
Posted on 3/30/14 at 11:11 pm to
Anyone know of any non-income based housing in the CBD that allows larger dogs? Other than 930 Poydras?
Posted by 03geauxtigers
New Orleans
Member since Aug 2009
136 posts
Posted on 3/30/14 at 11:12 pm to
quote:

I feel like that describes pretty much the entire city though


very true

Honestly, I have good friends that live over by the cemeteries, right off canal, nice little shotgun house with 2 bedrooms, 1 bath, and I think they pay like $1200 total a month. Has a nice little backyard too, and all their neighbors are older couples. I would highly recommend that area tbh.
This post was edited on 3/30/14 at 11:13 pm
Posted by 03geauxtigers
New Orleans
Member since Aug 2009
136 posts
Posted on 3/30/14 at 11:20 pm to

quote:

OldHickory

LINK

LINK /

Posted by OldHickory
New Orleans
Member since Apr 2012
10602 posts
Posted on 3/30/14 at 11:23 pm to
I've been in both those places... not bad, but just don't care for the surrounding area. Especially since I get in at 2 or 3 in the a.m. sometimes.

At this point, I'm about to say screw it and just find something in the quarter.
Posted by Boats n Hose
NOLA
Member since Apr 2011
37248 posts
Posted on 3/30/14 at 11:27 pm to
I'll be looking around for a different place uptown. I'm not set on moving, but if I can find something for around what I pay now when this lease is up I'll probably end up doing it.
Posted by Dr. Shultz
Baton Rouge, La
Member since Jun 2013
6391 posts
Posted on 3/31/14 at 9:38 am to
Find me a place in midcity Boats. Ill give you $5.

Posted by TigerWise
Front Seat of an Uber
Member since Sep 2010
35116 posts
Posted on 3/31/14 at 10:03 am to
quote:

When it comes to real estate, is New Orleans the strangest case in the US?


Extremely old inventory in a highly desirable city.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15054 posts
Posted on 3/31/14 at 10:26 am to
quote:

I've done about as much research as possible for someone not on the ground in New Orleans, through multiple websites,

I think this is the issue. I don't think mixed-income makes up that much of the total rental supply as a whole. But pretty much all of the "corporate" units are mixed-income, and those are the ones that are easily accessible on the web. Which is how naive out of towners end up living in the St. Thomas projects.
Posted by gorillaballin
uptown nola y'heard
Member since Dec 2007
550 posts
Posted on 3/31/14 at 10:33 am to
I'm not going to read the whole thread so not sure if this has been discussed. A large number of the historic renovations (nearly all of them), which are currently mixed-income, will remain in this mixed-income format for a predetermined amount of time (i.e. the Hibernia building will be for 7 years). After this holding period, the owners will not renew the leases, renovate units, and then sell them off individually as condos.

This is how financing is obtained and the historic renovation tax credits are utilized. Otherwise, such projects would not be feasible. This is how companies like HRI make bank.
Posted by pardonmeitsme
Dunwoody, GA
Member since Feb 2014
75 posts
Posted on 3/31/14 at 1:02 pm to
Metairie if you're not a $150,000+ OT baller.

Oh, and culture,culture,culture, etc..
Posted by Ortho Reb
New Orleans, LA
Member since Dec 2011
9466 posts
Posted on 3/31/14 at 1:06 pm to
quote:

At this point, I'm about to say screw it and just find something in the quarter.


Good luck with that, and parking will make things miserable.
Posted by notiger1997
Metairie
Member since May 2009
58492 posts
Posted on 3/31/14 at 1:08 pm to
quote:

Metairie

What does this have to do with this discussion?

And even Metairie rentals are kind of expensive in any area you really want to live.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32946 posts
Posted on 3/31/14 at 1:18 pm to
quote:

At this point, I'm about to say screw it and just find something in the quarter


This sounds like a terrible idea. Is there a reason why you want to stay CBD? Have you looked into WHD or Uptown?
Posted by MCSquared16
Member since Jan 2009
3399 posts
Posted on 4/1/14 at 12:22 pm to
Boats, you're at LSU right?
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