The two buildings in the picture are in stark contrast. In the foreground is the Energy Center. Though it suffered damages in the hurricane, it is back in full swing. The 39-story building is the 4th tallest in New Orleans. The building built in 1984 has stunning views of the Mississippi River from its bay windows.
The tower on the right however has a different tale. The Crescent City Towers (formerly the Plaza Towers) was for four years the highest building in New Orleans (1969-1972). It has fallen on hard times. It has been unused since 2002. A couple years ago, it was proposed to turn the building into residences (Crescent City Residences) but the $134 million plan fell apart when the development group could not reach a deal it wanted with the city to capture part of the tax dollars the project would generate. The 45-story building was recently auctioned for $583,000 to Plainfield Direct Inc., the Cayman Island bank which held the note on the building. The amount was enough to cover taxes due on the property.