The big, ugly, checkered, stripey building with the hat on top in New Orleans, otherwise known as the Plaza Tower, will be auctioned by the Sheriff to the highest bidder. The reported appraisal of the building is said to be at $100,000. Yes, a hundred-thousand dollars. Because you know, it is really ugly. Oh and there's also the asbestos problem, the bad foundation and the countless leaks. Maybe the Sheriff's office should pay someone to take it off their hands.
Update: It was auctioned off today for $583,000 to the last owner, 1001 Howard Properties LLC who lost it due to back taxes. The $583,000 is what they owed. No one else even bid on it. Couldn't they have just bid the $100,000 that it was appraised for? I have become bored with this story.
posted by butterchurn at 8:28 AM
4 Comments:
you know that building was the first skyscraper built in NO. It was so ugly all the other buildings were built far away from it.
I would totally buy it for 100,000 to live in it.
I guess they aren't renovating it any longer, maybe it will tip over eventually
Wow I can't believe they paid more than they should have.
That building always looked so lonely. I always wanted to live in it too. I'm glad its hat didn't blow off in Katrina.
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