Quote:
Originally Posted by skyscraperfan23
At Least give him credit though, because trump towers was a positive step for new orleans after that mess.
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I don't understand, what did they do that was so positive?
They contributed nothing to the city post-Katrina. They backed out of the project in secret, until it died. The only notice the city received of the project being dead was the land being auctioned off to a 3rd party.
If anything, they were a huge negative for the city. They held a large empty lot in the CBD out of commerce for over 6 years, and then cancelling the project was a big show of no confidence in the New Orleans real estate market.
Fortunately, no other developers banked on the tower ever being built, because they were too smart to know it would never happen.