Jan 122019
 

Sponsored by Korman Gerrity Real Estate

I’m Joe Gerrity, local businessman, investor and Real Estate Broker. For my monthly “Yo Joe!” column, I’ll be answering your real estate questions as well as providing market information and housing statistics.

I believe the main responsibilities of a Realtor are to add value and facilitate mutually beneficial transactions, and through this column I hope to help the New Orleans community make more informed decisions about their housing future.

Yo Joe! I want to transfer my investment property out of my name and into an LLC. What’s the process like?

Well, let me start off by saying that the following is my opinion based on experience. I am not an attorney, a mortgage broker or a tax attorney. I do, however, work with many investors and personally own my investment properties in separate LLC’s. Continue reading »

Dec 312018
 

A sold-out all-star concert Dec. 19 honors Professor Longhair. (Uptown Messenger)

Galactic band members inherit a culturally rich but financially risky enterprise in Tipitina’s, Keith Spera shows in a chronicle of the music club’s turbulent history for the New Orleans Advocate.

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Dec 172018
 

See below for live coverage.

Live Blog Carrollton courthouse redevelopment meeting
 

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Dec 152018
 

Sponsored by Korman Gerrity Real Estate

I’m Joe Gerrity, local businessman, investor and Real Estate Broker. For my monthly “Yo Joe!” column, I’ll be answering your real estate questions as well as providing market information and housing statistics.

I believe the main responsibilities of a Realtor are to add value and facilitate mutually beneficial transactions, and through this column I hope to help the New Orleans community make more informed decisions about their housing future.

Yo Joe! What’s your general feeling about the housing market right now?

This is obviously one of the main recurring topics of discussion amongst Realtors. Things have been slow the past few months. Hurricane season turns into election season, and then the holidays roll around. There was uncertainty in not only the real estate market but the stock market as well. A lot of people felt that the real estate market has plateaued, or even started to trend downward. Continue reading »

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Dec 142018
 

Gracious Bakery and Cafe, which has locations Uptown on Prytania Street and in the Garden District on St. Charles, has announced a partnership in New Orleans Culinary and Hospitality Institute the upcoming Warehouse District restaurant NOCHI Café by Gracious.

Pastry Chef Megan Forman opened Gracious Bakery with her husband Jay in 2012. The company has since grown to include three locations across New Orleans, all supported by a centralized production kitchen. NOCHI Café by Gracious will be its fourth.

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Dec 132018
 

The warehouse at 1152 Magazine St. slated to become the home of “The Fallen Saint” immersive theater show. (photo via city of New Orleans)

The city’s Board of Zoning Adjustments sided with the developers of the “Fallen Saint” immersive-theater venue on lower Magazine Street this week, rejecting a challenge to the project by opponents of the project and essentially clearing the way for final approval by the New Orleans City Council. Continue reading »

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Dec 112018
 

A rendering of the McDonald’s proposed for 3321 St. Charles Avenue. (via City of New Orleans)

The City Council gave McDonald’s approval to redevelop its St. Charles Avenue restaurant at its Dec. 6 meeting. The two-story structure in the Garden District will be torn down and replaced.

Planners and preservationists have been working with the fast-food chain for two years to determine an appropriate design for a purpose that the city has deemed inappropriate for the area. Fast-food restaurants are now essentially barred from the St. Charles overlay district, which has specific restrictions to make the area more pedestrian friendly and less auto-centric.

With the current building deemed a nonconforming use, the reconstruction project required a text amendment to the comprehensive zoning ordinance and a conditional-use permit. Both received City Council approval on Thursday.

Continue reading »

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Dec 102018
 

A rendering of the Drive Shack golf facility at the former Times-Picayune site at Howard Avenue.

By Claire Byun, cbyun@nolamessenger.com

Future customers of the New Orleans Drive Shack — located in the former Times Picayune building on Howard Avenue — will pay 2 percent more in sales tax after City Council unanimously approved a Cooperative Endeavor Agreement. The city will receive a portion of the funds to pay for street improvements around the golf entertainment hub. Continue reading »

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Dec 012018
 

Crowds line Napoleon Avenue near Tchoupitoulas Street outside Tipitina’s for the Instruments A-Comin benefit. (UptownMessenger.com archive)

Tipitina’s, the legendary music club on Tchoupitoulas Street and Napoleon Avenue, was purchased on Friday by the five members of the local funk band Galactic, the New Orleans Advocate reports.

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Nov 302018
 

Tiger Paw Daiquiris was denied a permit to operate out of the storefront at 1610 St. Charles Ave. (UptownMessenger.com archive)

A controversial plan for a daiquiri shop in the Lower Garden District was scuttled Thursday when the City Council unanimously backed Councilman Jay Banks’ motion to deny a conditional use permit for the storefront building at 1610 St. Charles Ave.

The decision came after the months of vocal opposition from neighborhood groups, with members bringing up the unruly crowds that gathered outside the Daiquiri Place Café, two blocks away at 1401 St. Charles Ave. That business was shut down in 2012 after the city revoked its liquor license due to repeated, multiple violations. Banks said his decision was also influenced by childhood memories of living around the corner from a nuisance bar. Continue reading »

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Nov 232018
 

Kynnadi Smith, left, fits Tammy Lee, right, for a bracelet at Dryades Public Market.  (Zach Brien, UptownMessenger.com)

Small Business Saturday is a national shopping event (between Black Friday and Cyber Monday) that encourages consumers to shop local. This year on Saturday Nov. 24, millions of Americans across the country will set out to shop for holiday gifts at their favorite local businesses, according to Stay Local.

New Orleans retailers celebrate this annual event on Bayou Road, Lower Magazine, Oak Street and O.C. Haley Boulevard.

Here are some of the Uptown establishments offering deals. The specials offered by the following art spaces, shops, restaurants and markets are available exclusively on Saturday. Continue reading »

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Nov 192018
 

The Dew Drop Inn at 2836 LaSalle St. in Central City remains vacant, as it has since 2005. A developer with a sale pending on the property hopes to revitalize the space, bringing it back to life with 15 hotel rooms, a music venue and a museum. (Nicholas Reimann, Uptown Messenger)

By Nicholas Reimann

“Oh baby, Dew Drop Inn. I’ll meet you at the Dew Drop Inn.”

Those are words you might soon hear outside of just the 1970 Little Richard song “Dew Drop Inn,” as a developer takes the first steps in an ambitious project to restore the historic hotel and music hall on LaSalle Street in Central City — once a common stopping point for top African-American musicians performing in the Jim Crow South, including James Brown, Tina Turner and Ray Charles. The latter even lived in the hotel at one point.

The project’s developers had their first chance to show their proposal for a revived Dew Drop Inn to the public at a neighborhood participation meeting Saturday, Nov. 17, where they took input as well as outlined the plan for a completely renovated two-story space totaling around 10,000 square feet — including 15 hotel rooms, a restaurant, music venue and museum of New Orleans music.

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Nov 142018
 

The building at 7457 St. Charles Avenue (via Google Maps)

A sketch of the proposed second-story addition to the building at 7457 St. Charles Avenue. (via city of New Orleans)

A nail salon proposed for a university-area building on St. Charles Avenue that has been a number of short-lived restaurants in recent years won initial approval from the City Planning Commission on Tuesday, and it will include the addition of a new second-story living space — despite some some neighbors concerns’ that parking is already too tough even with the space currently vacant. Continue reading »

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Nov 132018
 

With some help from JPMorgan Chase & Co. and several local businesses, Propeller Pop 2018 will celebrate social entrepreneurs with a tasting of New Orleans’ best pop-up restaurants.

The event takes place 6 to 9 p.m. this Thursday, Nov. 15, and will showcase about 10 pop-up chefs based in New Orleans. Roulaison Distilling Co. will have a pop-up tasting room, and spirits from Bizou Wines, Urban South Brewery, and Broad Street Cider will also be available. Continue reading »

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Nov 102018
 

Sponsored by Korman Gerrity Real Estate

I’m Joe Gerrity, local businessman, investor and Real Estate Broker. For my monthly “Yo Joe!” column, I’ll be answering your real estate questions as well as providing market information and housing statistics.

I believe the main responsibilities of a Realtor are to add value and facilitate mutually beneficial transactions, and through this column I hope to help the New Orleans community make more informed decisions about their housing future.

Yo Joe! What do rising interest rates mean for the housing market?

Generally speaking, it’s not great. While still not too far from historical lows, and definitely below the 30-year average, rates are rising across the board. From single and multi-family, to commercial and renovation loans, the cost to borrow money is going up. It’s increasing the cost to own homes, and in most cases, that is detrimental to a buyer’s ability to buy a home. There will be less buyers qualified to buy certain properties, and it may very well price certain people out of their preferred area. Continue reading »

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