Archive for the 'Warehouse District' Category
Does the New Orleans Saints winning help Real Estate? It Sure does not Hurt!
January 27th, 2010 categories: New Orleans Origionals, Warehouse District
I can say with first hand knowledge that with the Saints having several playoff games has greatly increased the interest in buying in the Warehouse District in particular. I have been showing several clients who want second homes where they can come to New Orleans for the games and to enjoy what the City of New Orleans has to offer. They all expressed an interest in living in the area on a part time basis.
Most of the press has been very positive for the City of New Orleans and the fan base that extends along the gulf coast and all of South Louisiana. They enjoy the people and the lifestyle. It is totally different from where they are coming from. I have clients from New Jersey, New York, North Carolina, Texas and other states as well. Maybe everyone does not want to live by the beach in Florida.
Now if the local politicians could begin to court these clients as well with upgrades to the infrastructure. These are great tax paying clients that will take part in the rebuilding of downtown New Orleans. It ends up helping everyone and gives us many more helpers plus the cash. Maybe the next Mayor will see this as a positive and push for the changes that are needed.
All ask “what does the future holds for the city” Maybe the Saints are light a fire under someone to see the light for growth and the new blood that will make the entire area a better place to live. Enough of the editorial !
Let’s enjoy the ride until the game in Miami as we are still playing when we are usually talking about a high first round draft choice. Can you think of all the hours upon hours of Saints talk with Buddy Dilberto and Hap Glaudi about when the Saints go to the Super Bowl.
Its Here ! Geaux Saints !! Win !!!
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Magazine Place Condos at 760 Magazine Place. A premium Townhouse style condo in the Warehouse District.
January 23rd, 2010 categories: Condo Listings, Warehouse District
The Magazine Place Condos located in the New Orleans Warehouse District at 760 Magazine has some great features that people are looking for. The great location, on site secure parking, updated condos, high ceiling wood floors, exercise room, roof top common area, courtyard entrance make this one of my favorite smaller complexes in the New Orleans Warehouse District. I just listed this condo for $333,216.
There are not a lot of townhouse style units in the Warehouse District but this is one of them. This condo is almost 1100 sq. of living with a small balcony off the living area. The two bedrooms are upstairs with the two bathrooms. There is a half bath down. The high ceilings and wood floors with the natural light give this condo a much larger feel.
The building was converted into condos 6 years ago and everything was updated as they were sold. The kitchen is small but has been updated with granite counters, stainless appliances, and custom cabinets. All the bathrooms are also in great shape. This unit is move in ready!
The location is great because you are within walking distance of the French Quarter, New Orleans Arena, Riverwalk, World War II Museum, Aquarium of the Americas, New Insect Museum, St. Charles streetcar line, many places to eat, Harrah’s Casino, The Convention Center, Lafayette Square, plus all the major hotels in downtown New Orleans.
You can quickly review all the 2/2 units in the area between 300-450k as there are not very many for sale. This is the strength of the Warehouse District real estate market.
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Sugar Plantation Condos In New Orleans Warehouse District, New Listing $289,219. One bedroom plus office! Garage Parking!
December 16th, 2009 categories: Condo Listings, Warehouse District
This is a premium condo listing that I have just relisted and reduced in price! It’s located at 840 Tchoupitoulas at the Sugar Mill Plantation next door to Emeril’s. It’s in the center of the New Orleans Warehouse District. It’s almost new as these were built as condos in 2005 and everything was brand new, rather than a conversion. It’s still almost new except for the sellers colors and modest changes. It is also the least expensive condo in the complex. The price range is from 300k-550k in the Sugar Plantation Condos.
One of the issues is that it can be a two bedroom but the second room has no closet so by definition its a one bedroom. Many people looking for a second home like the fact that they can have a guestroom. If you are living there it makes a nice office. The bathroom has a hall entrance as well as an entrance to the master bedroom.
This is a Warehouse Condo with street views of Tchoupitoulas that features exposed brick exterior walls, high ceilings, exposed beams, stained concrete floors, wide hallway, granite counter tops, stainless appliances, washer/dryer, and that finished look of a high end condo. The condo has garage parking along with a large storage area on the first floor. The storage area is 8×10 and is a secure room on the first floor.
The condo itself is 975 sq. ft. of living all on one floor with easy access to the elevator. The condo fees are less than $350 per month and include water, insurance, common upkeep, management, and a passport to a care free life in downtown New Orleans.
The condo association features a courtyard and pool. There is a party room and small exercise room. This is very rare for a condo complex to have all these amenties with 43 condos in the complex. These were built as condos so everything in the association dates from 2005. It could be considered better than new at this time.
The association is professionally managed. The condo fees are still one of the lowest in the New Orleans Warehouse District. The garage is secure, the front door is entered by code key, and is well maintained. You can walk anywhere from this location.
Look at additional Warehouse District Photos, its a lifestyle !
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New Orleans Warehouse District Condos, Strength of the market is in the 2 bedroom/2 bath !
December 12th, 2009 categories: Market Trends, Warehouse District
The strength of the New Orleans Warehouse District Condo Market is currently in the 2/2 condos selling between 250k and 500k. On the surface the supply looks great but on a closer look you have fewer and fewer choices. There are 40 condos currently for sale in this category. There are 10 recent sales of units that have sold or now under contract.
There are 13 units for sale at 1201 Canal Street in the old Krauss building although technically in the Warehouse it is much more a French Quarter Place. There are 8 units for sale at the Rotunda at 330 Julia Street. Take these away and you are left with 9 choices. This is not a lot as potential buyers are looking certain criteria that these 9 may not have.
There are no new condos or conversions currently on the drawing board so the supply will not increase anytime soon. In January you should begin to see new listing as well as new buyers coming into the market.
The one bedroom units are not in high demand which is totally uncharacteristic for this segment of the Warehouse Condo Market. I have several premium one bedroom units that are not being shown much in the last 60 days. I have a two bedroom listed that has gotten shown 5 times last week. Very Strange indeed!
The only reason I can tell you is that the buyers are young couples looking for a place and they need two bedrooms. Other buyers looking for a second home and they want room for guests. The first time buyers are just beginning to think about purchasing. This is most likely due to the economy in general or the tightening of lenders as to who they will lend to. Then we could be in a seasonal lull.
Regardless of the reasons sellers have to have their units priced correctly or purchasers will look only. As a buyers agent it is easy to see which units are overpriced. The appraisers are even tighter so agents do not want to waste time with things that cannot close.
As a purchaser the best way to approach this market is to view what is availiable now and then see the new listings as they come on. This will give you an idea of what you are looking for when the time comes to purchase.
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New Orleans Condos-Penthouse Condos- Federal Fibre Mills Designer Condo goes to the head of the class. 1107 S. Peters #507
October 8th, 2009 categories: Condo Listings, Warehouse District
In the New Orleans Warehouse District there are a small number of penthouse condos. Not all of them are great units or have great views. This new listing does have great views, great common areas and is move in designer quality. It was actually a “Design Winner”. Many times they are very expensive. This penthouse condo is only $399,507. My definition of a penthouse is a top floor unit. There are exceptions but this is a general rule in the New Orleans Warehouse District.
In New Orleans downtown where there is seldom new construction so the penthouses are built on top of existing buildings. This is the case with this unit #507 but it has a little twist. The condo has the 5th floor in the original pre-1900 building and then the build out on the roof done for the New Orleans 1984 Worlds Fair. You get a touch of the true Warehouse District feel along with an open living area. You get the best of both worlds, new and old, you can say.
This is a condo that I listed this week at the Federal Fibre Mills that is a penthouse Condo. The Views are some of the Best in the New Orleans Warehouse District but the pluses do not stop there for unit #507 located at 1107 S. Peters. It is unusual in a number of ways. It is a townhouse style unit on two levels. The living area and kitchen are on the terrace level while the bedrooms are down.
The upstairs is on the penthouse level or roof top level with a very open floor plan. This large room opens to your terrace with great city views day and night. This is an entertainers delight with all the designers touches. The kitchen has been totally renovated, New appliances, new light fixtures, new floors, 2 new french doors to the terrace.
The downstairs features the old “New Orleans Warehouse look” with high ceilings, wood floors, large windows, exposed brick, exposed beams, and a master suite. Everything on this level has been upgraded including the bathrooms, tub, floors, vanities, fixtures and much more.
Best to just watch the slide show and take a look for your self. Need more information just ask or comment. I have more photos and information on my New Orleans Condos Website. Its under featured properties. The photos are good but seeing this unit is the better way to go to get the big feel with the natural light.
These are some previous articles on the Federal Fibre Mills-
Federal Fibre Mill Condos, Common Areas grade an A Plus! Common Areas are part of your values!
Warehouse District Condos, The Federal Fibre Mills Condos and Lofts remains popular !
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New Orleans Warehouse District-Lafayette Square Fall Concert series! Support Second Harvest Food Bank! Another Warehouse District Activity.
September 23rd, 2009 categories: Art , Music , Parks, Warehouse District
One thing about Living in the Warehouse is there is always something going on. Now we are looking at the Saints games on Sundays. The New Orleans Hornets season is getting close. Now you can add in the Concert series at Lafayette Square each week. Its Thursday which is a change from the Summer series.
Second Harvest Food Bank brings back the Harvest the Music Fall Concert Series starting Thursday September 17th for seven weeks! In its second year, Harvest the Music will feature celebrated regional and national artists including: Irma Thomas, Anders Osborne, The Radiators, Rebirth Brass Band, Kermit Ruffins and Blues Traveler (see complete schedule here ). In addition to a free, weekly concert, concert-goers will enjoy food and drinks from local favorites. An artists’ village will feature artwork and crafts from regional artists as well as the Lafayette Square Conservancy’s t-shirts.
Come out and support Second Harvest Food Bank in its fight against hunger in south Louisiana.
Upcoming Concerts in the Square! Voted by Gambit readers as the best place to hear free live music, the fall is full of fun and free events:
September 24: Harvest the Music 5:00 to 7:30 featuring Irma Thomas, Shamarr Allen and the Underdawgs
October 1: Harvest the Music 5:00 to 7:30 featuring Anders Osborneand Big Chief Monk Boudreaux
October 8: Harvest the Music 5:00 to 7:30 featuring The Radiators
October 15: Harvest the Music 5:00 to 7:30 featuring The Rebirth Brass Band
October 17 & 18: Crescent City Blues and BBQ Festival 10:30 am to 7:30 pm featuring many artists including Buddy Guy, Richie Havens, Booby Rush, Irma Thomas and more
October 22: Harvest the Music5:00 to 7:30 featuring Kermit Ruffins and the Barbecue Swingers
October 29: Harvest the Music 5:00 to 7:30 featuring Blues Traveler plus Shannon McNally
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New Orleans Warehouse District Luxury Condo, Gallery Row Condo #410. Price alone does not mean Luxury!
September 19th, 2009 categories: Condo Listings, Warehouse District
The condo I just listed for $599,448 is a luxury in downtown New Orleans. The condo is located at 448 Julia Street in the center of the New Orleans Warehouse District. What makes this a luxury condo in the New Orleans market and a unique buy in this price range.
There is not a lot of Luxury Warehouse Style condos in the New Orleans Market. When you pay over 500k in this market for a condo the buyer expects to get something with Wow factor. Some of the factors that make this condo a Luxury Buy are:
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Attention to detail and the quality of workmanship is there.
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A spacious floor plan with extra built ins
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Great city views and lots of large windows 3×8 , morning sun
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A corner unit on the fourth and top floor.
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Exposed Brick, wall sand blasted for that Warehouse District feel
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Exposed beams and columns sanded and varnished for that rich look
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Cypress Shutters custom made for all windows
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High Ceilings, wood floors, carpet in bedrooms
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Over 1900 square foot of living, 3.5 baths
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2 loft bedrooms with each having a bathroom, office could be a third
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The office that can be either a guest bedroom or remain an office
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Two Garage parking spots, one spot can park two cars tandem style
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Full wet bar is off the living or entertainment room
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Complete Renovation not just a touch up
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2 circular staircases lead to loft bedrooms
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The condo has been kept in great shape which adds to the value.
I will cover the Gallery Row condos and the location in the next blog. When you are looking in this price range there are currently only 5 other condos in this price range. This condo is the best example of a true New Orleans Warehouse District Luxury Condo. The other factor that makes this one different is that most of the work was custom to this condo alone. The buyer never intended to get transferred so he overspent on a lot of details.
You can view the Snapshot here. This will give you a view of all the listings in the New Orleans Warehouse District between 500-650k.
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New Orleans Warehouse District, Paragon Condos, A True “Warehouse District Feel”
August 27th, 2009 categories: Condo Listings, Warehouse District
The Paragon Condos at 900 South Peters are large condos that give you the true New Orleans Warehouse feel in an association of only 21 condos. It is centrally located in the New Orleans Warehouse and a short walk to the French Quarter, New Orleans Convention Center and the Riverwalk Shopping areas. Location in value is always a factor.
This is a unit that I have just listed. It has some features not usually found in the area. The condo has 3 balconies. One is off the Master bedroom overlooking Fulton Street. One is looking at Fulton Street towards the Convention Center. One has great city views facing downtown. Currently listed at $429,913.
The condo is large by Warehouse District standards measuring over 1800 sq. ft. It also has a lot of storage, secure parking garage, high ceilings, exposed brick walls, and lots of natural light. It is also a corner unit overlooking a quiet street below.
The other unusual feature is the size of the bathrooms and storage areas, they are like separate rooms. The Master is 13×25 with its on private balcony. The great view are a selling point in any condo and this unit has it. The morning sun is another great feature.
There are 2 blocks of green space half a block away from the condo. All of the units in the New Orleans Warehouse District are very pet friendly and these small parks are scattered around the area. Two valuable features that this listing has are plenty of views and a great location.
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Sugar Plantation Condos #219, New Orleans Warehouse Distirct, Get a feel for the Area as Well!
July 2nd, 2009 categories: Condo Listings, Warehouse District
Getting a feel of the area where you are going to live is very important aspect of your buying decision. The Sugar Plantation Condo #219 is a premium unit in that is has everything that most people are looking for in a New Orleans Warehouse District condo. Great location in the center of the area at 840 Tchoupitoulas next door to Emeril’s on the corner of Julia Street. The units were new in 2005, these were not conversions from rentals so all the build outs are new in 2005. This means all the a/c, heating, pipes, electrical were new at that ime . The condos sold out within several days at that time.
The #219 Sugar Plantation condo has Tchoupitoulas Street views from the second floor. It has designated parking in the garage below. It has a large storage area downstairs. The condo itself is very fresh with few scratches or even a lived in look after several years. The positives are high ceilings, exposed beams, stained concrete floors in living areas, large windows, exposed brick, and the true Luxury Warehouse feel. This unit is priced at $299,219 is considered a premium unit in the Sugar Plantation Condos. It still has the new unit feel.
The condo is about 1000 sq. ft. with one bedroom with plenty of storage. There is another room that could be used as a guest room or an office. It does not have a closet so I would not call it a two bedroom. The floor plan is open. The bath and kitchen are almost new with that upgraded feel and look. Washer and dryer in the laundry room off the kitchen. The rooms are large as well. plenty of storage for a condo.
This is more than likely the cheapest condo in the building which puts you in a great neighborhood of condos up to the 600k range.
The condo association is professionally managed and has secure entrances for parking and from the Street. The condo was completed in 2005. The condo features garage parking for all. The courtyard and pool are available for the residents. There is a party room and exercise room to enjoy as well. The condo fees are right at $300 per month which covers water, upkeep, cleaning of common areas, management, elevators, parking areas, and security.
I have include some various photos of the New Orleans Warehouse District so you can get a feel for the area as well as well as the condo. The area is the location and in real estate the location is a key factor of your decision.
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Blueberry Season is here! Have you ever gone to a You Pick ‘em Fresh!
May 31st, 2009 categories: Art , Music , Parks, Warehouse District
South Louisiana and Southern Mississippi are prime areas for Blueberries and now is the time to eat ‘em, pick ‘em and freeze ‘em. I had no idea how good they are until a client of mine invited me to his farm over ten years ago in Tickfaw, Louisiana. Not a week has gone by where I do not eat them on cereal. Crawfish and strawberry seasons are gone. But Blueberries are becoming more popular than ever.
They taste great and are good for you as well. You can pick a gallon or two in about 1.5 hours. It always helps to be tall. They are free to eat as you pick. Great chance to have a family affair of picking late in the day so as to avaoid the heat of early summer. The best time to go is after a rain so all the berries are hydrated and are fat and juicy.
Its easy to pick for all ages as there are thousands and thousands of berries within reach of all who come to pick. The best thing about freezing them is that they are so easy. They are like marbles, they do not stick together and are easily thawed out and do not seem to lose their flavor between seasons.
If you cannot make it to a u-pick ‘em then you can visit the Farmers Market each Saturday in the New Orleans Warehouse District. Its open every Saturday morning in the 700 Magazine Street. The blueberries are extremely fresh and can be bought in flats, half-flats, and containers. You can eat them, freeze them or bake them in a cobbler. Buying from the local farmers means they will produce more for the locals.
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