A brand new culinary institute has been approved for the site of the former Louisiana ArtWorks building on Howard Avenue. The New Orleans Culinary and Hospitality Institute won the bidding over two other competitors.
Tyler Bridges of The Lens talked with WWNO News Director Eve Troeh about the details of the $6 million deal.
Pres Kabacoff and his company HRI Properties have had an enormous impact on the city of New Orleans — from building Beau Chêne on the Northshore to pioneering a return to inner-city living by bringing back the Warehouse District.
Rick Haase has shepherded Latter and Blum into becoming the biggest real estate player in the Gulf South.
The city of New Orleans is seeking developers to revive the property where an empty office tower sits on the banks of the Mississippi River. And officials are being careful not to limit the ways in which the valuable real estate can be used.
The 33-story World Trade Center building could be torn down or renovated.
A Metairie man has been sentenced to 30 months in federal prison for defrauding hundreds of investors in a Texas real-estate deal out of millions of dollars.
U.S. District Judge Lance Africk also on Thursday ordered Michael B. Smuck to pay more than $789,000 in restitution that he still owes investors. Prosecutors say Smuck already has paid nearly $3 million to one group of investors he bilked.
Smuck, who pleaded guilty in May 2010 to one count of mail fraud, solicited investments in acquiring a Houston apartment complex called Briar Meadows.
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.