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re: Nola Four Seasons on the ropes

Posted on 4/18/24 at 11:19 am to
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
8600 posts
Posted on 4/18/24 at 11:19 am to
quote:

Boysie Bollinger place is still sitting at 19mil.


Plus you have to pay for condo fees of upwards of 6800 a month.

My favorite was the photos that were posted here of the condo, they included some of the private bar for residents with a cash register. If I just paid 19 million for a condo and another 6800 a month in fees, those drinks better be free.
Posted by geauxpurple
New Orleans
Member since Jul 2014
13621 posts
Posted on 4/18/24 at 11:19 am to
I have been there a few times. The lobby bar is very nice and the banquet and reception rooms are nice enough, but I was not overwhelmed by them. I was expecting them to be palatial with scenic river views. That was not the case.
Posted by Y.A. Tittle
Member since Sep 2003
104887 posts
Posted on 4/18/24 at 11:20 am to
quote:

Meanwhile there was bum laying in the Elevator to Vue Orleans where the wedding party was to exit.


There was one living in the neutral ground, with his own little encampment and everything, right in front of their entrance for several years. I don't think they found a way to move him along until several months after they opened.
Posted by kimmieb
Member since Aug 2007
83 posts
Posted on 4/18/24 at 11:22 am to
It is a beautiful place but, not surprised that the condos aren't selling in this market with interest rates so high. I've been to both restaurants in the hotel and they were good but, super expensive IMO.
Posted by SirWinston
PNW
Member since Jul 2014
88950 posts
Posted on 4/18/24 at 11:35 am to
Anything that Drew Brees invests in - RUN!
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
2447 posts
Posted on 4/18/24 at 11:36 am to
quote:

That’s the baw spelling.



it's Fap...not FRap
Posted by Shiftyplus1
Regret nothing that made you smile
Member since Oct 2005
13597 posts
Posted on 4/18/24 at 11:43 am to
Here's the penthouse you get in Chicago for $15 million.
Zillow

Here's what you get for $4.5 million MORE in New Orleans
Zillow

I don't know what they are thinking asking for these prices. I mean, look at that pad in Chicago. 3,000 more square feet. World class view. A MUCH nicer neighborhood. And cheaper than the Four Seasons.
Posted by SlidellCajun
Slidell la
Member since May 2019
12271 posts
Posted on 4/18/24 at 12:17 pm to
quote:

surprised that the condos aren't selling in this market with interest rates so high.


Not sure how interest rates play into that market. I would expect the buyers to have the cash but maybe the lower end buyer needs a loan.

For the building owners through, getting refinancing at lower rates is probably out of the question…
Posted by Duckhammer_77
TD Platinum member
Member since Nov 2016
2771 posts
Posted on 4/18/24 at 12:26 pm to
Ate at the fancy arse overpriced "seafood" restaurant. They were out of half the menu...the seafood half. The steak was meh.
Posted by Chad504boy
4 posts
Member since Feb 2005
170216 posts
Posted on 4/18/24 at 12:28 pm to
Gayle should buy and rent to visiting pro teams during year
Posted by Turnblad85
Member since Sep 2022
2160 posts
Posted on 4/18/24 at 12:28 pm to
quote:

New Orleans is a dying whore filled with poor dumb fat people



I would sig quote this if sig quotes were still a thing.
Posted by CatfishJohn
Member since Jun 2020
15245 posts
Posted on 4/18/24 at 12:32 pm to
quote:


Here's the penthouse you get in Chicago for $15 million.
Zillow

Here's what you get for $4.5 million MORE in New Orleans
Zillow

I don't know what they are thinking asking for these prices. I mean, look at that pad in Chicago. 3,000 more square feet. World class view. A MUCH nicer neighborhood. And cheaper than the Four Seasons.


I am NOT saying this makes up the difference, but living in the Four Seasons has a bunch of cool perks. You get room service, maids, dog walkers, they'll even shop for your groceries.

But yes, it is very overpriced.
Posted by John Casey
New Orleans
Member since Nov 2016
2100 posts
Posted on 4/18/24 at 12:32 pm to
quote:

Boysie Bollinger place is still sitting at 19mil.


Didn't he buy it for around $13 million?
Posted by John Casey
New Orleans
Member since Nov 2016
2100 posts
Posted on 4/18/24 at 12:34 pm to
quote:

Gayle should buy and rent to visiting pro teams during year


Pretty sure all NBA teams stay there when in New Orleans, but at 276 rooms, it's probably not big enough to host NFL teams.
Posted by Lester Earl
3rd Ward
Member since Nov 2003
281616 posts
Posted on 4/18/24 at 12:38 pm to
quote:

would sig quote this if sig quotes were still a thing.


It’s funnier to read it & know where danillo lives lol
Posted by Roberteaux
mandeville
Member since Sep 2009
5945 posts
Posted on 4/18/24 at 12:41 pm to
quote:

Hotel occupancy has been okay but lags other properties.


You’re probably paying Four Seasons prices and not getting a true Four Seasons experience/services. It’s New Orleans…
Posted by HueyLongJr
Member since Oct 2007
675 posts
Posted on 4/18/24 at 12:42 pm to
The rooms are extremely overpriced. 700+ for an average looking room
Posted by SlidellCajun
Slidell la
Member since May 2019
12271 posts
Posted on 4/18/24 at 1:02 pm to
quote:

The rooms are extremely overpriced. 700+ for an average looking room


Yeah
The rooms really aren’t that great. Windsor court rooms are much nicer.

Service at four seasons is where they’re supposed to shine and it’s real good but I just don’t think people care.

Posted by CatfishJohn
Member since Jun 2020
15245 posts
Posted on 4/18/24 at 1:02 pm to
quote:

Pretty sure all NBA teams stay there when in New Orleans, but at 276 rooms, it's probably not big enough to host NFL teams.


Used to be the Ritz Carlton. Saw Dirk Nowitzki there once.
Posted by longhorn22
Nicholls St. Fan
Member since Jan 2007
42392 posts
Posted on 4/18/24 at 1:10 pm to
Haven't been in there.
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