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.
--steve buser
6 comments:
Nice! I agree with you!
This building is beautiful and your post interesting Steve.
I can't help but compare this building with mine yesterday - world's apart aren't they??
American buildings are so impressive. I am not crazy about modern architecture though. Your photo is very beautiful.
Yesterday many were talking Weather; today it seems Millions took the lead as main subject...
Great picture anyhow.
Thanks for your visit to Blogtrotter.
Cool pictures here in your blog. I already miss the sun because its raining here in Manila for 2 days already :(
hmmm...so the shorter one will still sit empty? or at least until someone else wants to do something to it...seems a shame... oh well..life in the big city.
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