It’s no secret to those that have dipped their toe in the water of New Orleans real estate recently that the stream of activity resembles more of a rushing rapid with unexpected twists and turns included. The tone of the market possesses a buzz that surprises even the most seasoned flippers and investors, and it shows more promise than concern. We all know these things ebb and flow, but it’s the perception of spaces that is changing the fastest, the intangible becoming realized in the tangible. More specifically, let’s look at a cute double that recently flipped in the heart of Central City, but hold on to your hat. And, as usual, for clarity/disclosure, I did not participate in any part in any of these sales; effectively, I am only an observer fascinated by the pace at which these changes are taking place.
The South Claiborne fast-food corridor seems poised to get yet another entry, as Krystal is planning to open a burger restaurant in the old Kentucky Fried Chicken store near Washington Avenue.
Two highly anticipated restaurants — Pizza Domenica from John Besh and Square Root from Phillip Lopez — will open this week, and two new entrants into the Uptown dining scene — Humble Bagel on Freret and Seed vegan food in the Lower Garden District — have already opened their doors, according to recent reports.
Did you hear the news? Mayor Landrieu is proposing… (drum roll please)… tax increases!
This shocking development stems in large part from the consent decrees with the U.S. Justice Department over the widely-acknowledged and widespread constitutional violations routinely committed by the New Orleans Police Department and the Sheriff’s Office vis-à-vis Orleans Parish Prison. Those settlements have hefty price tags attached.
Who could have predicted this? Not to toot my own horn, but I certainly did.
By Elizabeth Elliott, Davida Finger and Melissa Gallo
While the City has many responsible landlords, all too often in our practice at the Loyola Community Justice Clinic, our clients face landlords who refuse to repair substandard housing, wrongfully withhold deposits at the end of leases, try to illegally evict in order to rent to Mardi Gras tourists and other offenses that take advantage of the landlord-friendly laws. Louisiana has lagged far behind other states in protecting renters, and Senate Bill 298 is an attempt to find the correct balance between landlord and tenant rights and interests.
Cedric Martin has been a somewhat regular attendee of Delachaise Neighborhood Association meetings over the last year, but when he walked into the room Tuesday night — as the first signs of construction begin to show at the Baronne Street site where he is rebuilding the original Martin Wine Cellar — he was met with applause and cheering.
“Thank you,” Martin said quietly as he sat down, to which one member replied: “Thank you for starting construction.”
The City’s announcement last week that after months of meetings, negotiations were still ongoing with Gatehouse Capital should prompt the New Orleans Building Corporation to re-open the bid process and invite new proposers.
This is especially true with several new Council and NOBC members coming on board in a few weeks and the change of NOBC leadership when Deputy Mayor Cedric Grant moves on to the Sewerage & Water Board. With the multi-million dollar high-end outlet mall by the Howard Hughes Corporation set to open at the Riverwalk next month, the WTC development project would attract new bidders – possibly including the Hughes group. Hughes’ portfolio is very diverse and the WTC could be a good fit for them, especially if they do not choose to build condos or a hotel on top of the Riverwalk in a second phase.
After nine years closed since Hurricane Katrina, Martin Wine Cellar’s Baronne Street location will start construction next week and be open “in late 2014,” the company announced Wednesday morning.
City officials approved a developer’s request Monday to tear down the Roly Poly building on Tchoupitoulas, to the dismay of the restaurant’s current employees, but the new bank intended for the site is still lacks permission to tear down an adjacent house.
The entrepreneurship boom in New Orleans is a real phenomenon, and a crucial factor in the city’s continued rebirth — but it must also be accompanied by more economic opportunities for the unsustainable number of jobless African-American men in the city, a panel of business leaders said Thursday evening.
“We can get there,” said Rod Miller, CEO of the New Orleans Business Alliance. “We are a ‘new’ New Orleans, but we’re not our best New Orleans.”
We have been watching with much interest the national and Louisiana debate regarding increasing the minimum wage to $10.10. The latest polls show that support is growing across the nation, although only seven states and the District of Columbia have raised starting pay.
According to today’s New York Times, Louisiana is one of five states – the others being Alabama, Mississippi, South Carolina and Tennessee – that currently does not have a minimum wage. Washington State has the highest wage ($9.32) currently with D.C. to move to $11.50 in 2016. While both those rates might be too high for Louisiana’s economy, something must be done to give our lowest paid citizens a better opportunity to succeed in life.
There’s so much happening this weekend around Uptown New Orleans, you may wish you had an interactive map to plan your attack. And, if so, Uptown Messenger has you covered.
Has post-Katrina rebuilding really created a new city out of New Orleans, or is the “boom” more of an artificial economic bubble that is bound to burst? This question will drive the next installment of Tulane Hillel’s occasional series of “The Big Issue” discussions, set for Thursday evening with the title “New Orleans 2.0: Fact or Fiction?”
Raising Cane’s now plans a total of three Uptown locations; a new ice-cream shop is opening on Freret Street; a new building on Magazine Street will host a location of the upscale Brick & Spoon chain; and Pizza Domenica is on track for an April opening, according to recent reports.
For years, chef Greg Sonnier fought to reopen his old Mid-City restaurant Gabrielle in a banquet hall on Henry Clay Avenue known as the Uptowner, but neighbors eventually convinced the New Orleans City Council to keep the building zoned residential, and Sonnier moved on to become executive chef at the new French Quarter restaurant Kingfish.
Now, Sonnier says he has a plan for The Uptowner that will suit both him and the building’s residential zoning: The Orleans Parish Prisoner Re-Entry Initiative. Local and state corrections officials, however, say they are not involved in or aware of the project.
In the last 50 years, there have been many Directors of Aviation at the Louis Armstrong New Orleans International Airport but few about whom there was any urgency to retain them. But the current Director of Aviation, Iftikhar Ahmad, is one of the hottest guys in the nation in his field of work and the New Orleans Aviation Board is giving him a $35,000 a year raise that he didn’t ask for because they want to keep him here.
Restaurateur Ti Martin, a member of the Aviation Board, says, “He has come to have a lot of affection for New Orleans and the region and we need to lock him to finish what he has started.”
A new Vietnamese restaurant offering a Pho Challenge has opened on Magazine Street; Waffles on Maple expects to open soon and the culinary team behind Company Burger is now providing the menu at Cure just down Freret Street.