The cost of land along Veterans Memorial Boulevard — east Jefferson Parish's main commercial corridor —has reached historic highs indicating a strong retail market, according to SRSA Commercial Real Estate of Metairie.
SRSA partner Donald Schwarcz tells New Orleans CityBusiness his figures show the strip's most valuable property costs as much as $60 per square foot, six times as much as land in eastern New Orleans, four times the cost along Lapalco Boulevard in west Jefferson and nearly twice as much as the most expensive commercial areas of St. Tammany Parish.
A federal audit says the Jefferson Parish Housing Authority illegally paid board members nearly $107,000 and created a conflict of interest and violated federal rules by paying $91,000 to a state legislator's repair company.
The U.S. Department of Housing and Urban Development audit says the agency should repay the money and must either document or repay another $450,000. That includes $240,000 paid to four Jefferson Parish sheriff's deputies for security services, $95,000 to its attorney and $81,000 to its accounting firm.
Voters in parts of Jefferson Parish will go to the polls during the Nov. 6 primary to elect a replacement for Judge Patrick McCabe of the 24th Judicial District Court. McCabe, who was elected to his first term in 1987, will retire Dec. 31.
The Times-Picayune reports Gov. Bobby Jindal set the special election after the 66-year-old McCabe, of Metairie, announced his retirement in June.
Qualifying is Aug. 15-17. If needed, the runoff would be Dec. 8.
Rep. Cameron Henry has blocked the use of almost $10 million in lines of credit intended for the Jefferson Performing Arts Center, saying he wants Jefferson Parish officials to explain why the project costs have skyrocketed.
The Times-Picayune reports the Metairie Republican asked the state Bond Commission for a 30-day delay in reauthorization of the line of credit.