Feb 112019
 

The building at 7457 St. Charles Ave. has been vacant since 2017. (via City Planning Commission)

Plans for a nail salon on St. Charles Avenue near the universities were scuttled after the City Council failed to vote on a zoning-change request within 60 days of City Planning Commission’s recommendation.

The Planning Commission was unanimous in its support of La Vang Pearl, the company that purchased 7457 St. Charles Ave. to turn it into a nail salon. The building at Cherokee Street, originally a grocery store, was home to a number of short-lived restaurants in recent years.

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Feb 092019
 

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 kind of an impact does Mardi Gras have on the New Orleans real estate industry?

During the lead up and actual prime time of Mardi Gras, the market slows pretty substantially. People are busy setting up for parades, making preparation for house guests, knocking items off their professional to-do lists, and just generally avoiding the responsibility that comes with buying or selling a home. Continue reading »

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 »

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Jan 102019
 

4125 St. Charles Ave. (via Google Maps)

LeBlanc + Smith, a local restaurant group whose holdings include Cavan on Magazine Street, is redeveloping a historic St. Charles Avenue mansion into the Corsair Hotel, a boutique hotel with a 15 guest rooms, restaurant, hotel bar and pool bar, the New Orleans Advocate reports.

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Dec 202018
 

Preliminary rendering of the Carrollton Courthouse redevelopment (courtesy of Waggoner & Ball)

By Jesse Baum, jesse.blacktree@gmail.com

A neighborhood meeting in the evening on Monday, Dec. 17, at St. Andrew’s Episcopal Church introduced Uptown residents to the plans for the Carrollton Courthouse.

The property, bounded by Maple Street, Short Street, Hampson Street and Carrollton Avenue, is slated to become an assisted-living and memory-care residence, with 100 units total. The property was listed as one of  the nation’s 11 “most endangered places” by the National Trust for Historic Preservation in 2015.

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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 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.

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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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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 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 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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Nov 082018
 

An aerial map of the Rouses site on Freret Street. (courtesy of JMR+H Architects)

By Nicholas Reimann

A proposed Rouses Supermarket on a busy stretch of Freret Street will have all the amenities shoppers would expect from their other stores, but on a much smaller scale, representatives from the project told a community meeting on Wednesday.

The planned 10,000-square-foot Rouses would go at the site of the former Bloomin’ Deals thrift store — the site of Wednesday’s meeting — with a warehouse and office space on property next door at 4617 Freret Street.

The planned overhaul of the northeastern corner of Freret and Valence streets was met with strong support from neighbors, who call the area a “food desert.”

“Are y’all firm on the 2020 opening? Can it be next week?” said Michelle Ingram, who owns nearby Zeus’ Place and lives in the area.

A rendering of the proposed Rouses grocery on Freret Street by JMR+H Architects. (via city of New Orleans)

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Oct 062018
 

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! Do you think that new regulations on short term rentals will have an impact on the housing market? If so, in which way?

It will definitely impact the market to some extent. Anything that creates uncertainty in what has otherwise been a lucrative sector of the market will have some sort effect on the market as a whole.

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Jun 202018
 

Joanne Close and Jim Yonkus are hoping to open an intimate wine shop at 1226 South White Street, if the BZA approves a required parking variance.

Developers are hoping to turn a vacant South White Street lot into an intimate wine shop, but three required parking spaces need to be waived in order for the space to be functional, the owners said.

Joanne Close and her husband Jim Yonkus are aiming to open a small wine store in the New Zion neighborhood just off South Broad Street. The property, a vacant lot at 1226 South White St., is zoned for heavy commercial use which requires the couple to add three off-street parking spots. But adding those parking spots would swallow up much of the already-tiny lot.

“We don’t have to have a huge building – it just has to be functional,” Close told a group of neighbors at a neighborhood meeting Wednesday. “Without the parking waiver, those spots would take up the whole lot.” Continue reading »

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Jun 182018
 

The interior of the new Cherry location at 1581 Magazine. (via Cherry Coffee Roasters on Facebook)

The new sign for Cherry Coffee Roasters hangs at 1581 Magazine Street. (via Facebook)

Now that Cherry Coffee Roasters has settled into their new space on Magazine Street in the Lower Garden District, they are seeking to add a dinner menu and cocktails. Continue reading »

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