The Hidden Penalty On All Who Love New Orleans
New Orleans once was one of the largest cities in America- for over 140 years. Today it is an exciting place to live with an
Tag: local economy
It Takes Over One Year To Sell or Lease Commercial Property In New Orleans
The biggest surprise to most sellers of commercial property is that the average time to find a buyer is well over one year. For example,
The Drivers of the New Orleans’ Economy Will Shock You
The recent census found 1.2 million people live in the New Orleans Metropolitan Area, down only 7% from the 1.3 million in 2000, but the
Louisiana Commercial Realty Finalizes Sale of Kenner Retail Center To Be Repurposed As Law Office
Adaptive Re-Use of Strip Retail Center Into Office Space Due To Kenner's Changing Demographics [caption id="attachment_3126" align="alignleft" width="640"] 4224 Williams[/caption] Things are changing in
Economic Drivers of New Orleans Commercial Real Estate-The Petrochemical Industry
The new economic drivers of the New Orleans economy are not what you think. New Orleans transitioned from an oil based economy to a tourism
CityBusiness Named Robert Hand Top 50 Financial Executive
CityBusiness Named Robert Hand one of the Top 50 Financial Executives in New Orleans for 2012. "It's possible to spur redevelopment along a dilapidated
Today’s Prices For Every Type Of Commercial Real Estate In Louisiana
In this article we examine current market prices for every type commercial real estate in Louisiana. Louisiana Largest Sector On The Market For An
New Orleans Commercial Real Estate-What Are Current Office Trends?
New Orleans Commercial Real Estate is a diversified market with seven different sectors, each sector is different in size. The table below shows the major sectors of
Is Unemployment Really 7.8%? Only Because Labor Participation Rate Is Lowest In 12 Years.
Is Jack Welch right in his claim the 7.8% #unemployment numbers released on October 5 by the Bureau of Labor Statistics are suspect? The numbers
What Is Commercial Real Estate In New Orleans Really Worth?
The total supply of commercial real estate for sale in New Orleans is approximately $726,000,000 with vacant land being the largest sector valued at almost $242
14 Business Incentives For New Orleans Commercial Real Estate Developments
Louisiana will be exploding with growth over the next 5 years, considering the incentives offered for businesses. For example, there is a 25% tax credit
Commercial Real Estate Trends-Orleans Parish
Orleans Parish Commercial Real Estate The commercial real estate market in Orleans Parish is currently 3.1 million square feet for lease and 3.7 million square feet
How Is The New Orleans Economy Doing?
Just out today is the Bureau of Economic Analysis report on GDP by MSA, showing last year the New Orleans-Metairie economy grew almost twice the
New Orleans Employment Compared to U.S. Employment Growth
Just out today are the numbers on how many people are employed in the U.S., but if you drill deeper, you can find out current
How Louisiana Employment Growth Compares to the U.S.
Today the Bureau of Labor Statistics announced the unemployment numbers for the period ending July 2013 broken down into the 372 metropolitan areas. Jobless rates were
Mixed Martial Arts: New Orleans vs. U.S. Personal Income Growth
The last few years have been good to New Orleans, with lower unemployment than the rest of the U.S. and the focus on tourism resulting
Tulane Avenue Hospital Draws New Apartment Development
The latest apartment to be developed near the new Tulane Avenue hospital is announced. Despite the fact that everyone knows about the billion dollar VA/LSU hospital complex, which is
Big Money Transactions In New Orleans Commercial Real Estate
The past few months have witnessed several large commercial real estate transactions in New Orleans, including hotels, retailers and warehouses, emphasizing that New Orleans is
New Orleans Commercial Real Estate: Scandinavia Sells For $6,975,000
Drugs are a big money business. Especially legal drug stores like Walgreens. Who else could justify paying $94 per square foot for land and a beautiful
New Orleans Commercial Real Estate-What’s Driving The Economy
New Orleans commercial real estate depends on a thriving national economy. We just experienced, in 2008, the worst recession in history, and New Orleans managed
3rd Estimate Says Economy Grew 4/10 Percent In 4th Q 2012
The third estimate for how fast the economy grew last quarter is out, and the answer is 4/10 of one percent. Real gross domestic product
New Orleans Commercial Real Estate Trends-Q1 2013
Commercial real estate activity in New Orleans cooled down in the first quarter of 2013, after a heated 4th quarter in 2012 when buyers hurried
Louisiana Posts Healthy Revenues For 4Q 2012
If revenues are any sign of economic health, the economy is in the best shape in years. For the 12 months ending 2012, revenues from
What You Really Need To Know About Today’s GDP News
You already should know that 3rd quarter GDP increased 2% compared to 2nd quarter's 1.3%, but what you really need to know is why and
Tulane Land Sale Brings Highest Price In History of New Orleans Commercial Real Estate
The highest price in New Orleans commercial real estate history was paid last week for vacant land on Tulane Avenue, evidencing growth that has surprised
How Is The U.S. Economy Doing?
Just out today: the economy is still growing, although at a slower pace. The Gross Domestic Product for the 2nd quarter of 2012 increased at
10 Times More Wealth In Real Estate Than Stocks
The household median value of rental real estate is $170,000 but the value in stocks is only $18,300, according to the US Census Bureau, which explains
Just Out Today-Where Are Americans Spending Their Money?
Spending on tourism grew faster than the economy in the first quarter 2012 with an annual growth rate of 3.4%, compared to #GDP growth at 1.9%.
New Orleans’ Commercial Real Estate: What’s Changed The Last 3 Months?
Over the last three months, New Orleans' commercial real estate has experienced an 8% increase in the supply of industrial square footage for sale, an
Is Obama Right: The Private Sector Really Is OK?
Somebody must have leaked to Obama today's release of manufacturing profits showing a 9.45% increase in after-tax profits, from 134 billion in the 4th quarter of
Just Out Today-Louisiana Economy Grew By One Half Of One Percent in 2011
The Bureau of Economic Analysis released GDP growth by state today, showing Louisiana ranking in the bottom 40% and Mississippi in the bottom 20%, among
New Orleans Largest Employers
Top employers in New Orleans. Company Type of Business Employment Ochsner Health System Health Care 9,107 St. Tammany Parish Public School Board Elementary & Secondary
Just Out Today: Leading Economic Indicators Decline
Today, one of the best measurements of the strength of the economy-the Leading Economic Index-showed a decline in April of 0.1 percent, in contrast to
Just Out Today-Economy Driven By Consumer Income
If you want to know how healthy the economy is, just watch the consumer. The US economy is one-third manufacturing driven and two-thirds consumer driven,
Just Out- Economic Growth Slows Causing These 6 Changes To Commercial Real Estate
This economy is like your car on the highway when you approach a school zone: you are still moving forward but with less momentum. Just
Reggie Bush Finally Leaves Town
The last remaining vestige of Heisman Trophy winner Reggie Bush, his penthouse condo at One River Place, was sold for $1.975 million on February 8, 2012,
Largest New Orleans Commercial Real Estate Transactions So Far in 2012
There are only 3 New Orleans commercial properties priced over $2 million sold so far in 2012, with the highest sale exceeding $18 million for the old Amoco office building.
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