I can understand why they picked that location, and it’s not to further gentrification. Think about that area for a moment. Sure you have the projects right around there, but you also have wealthy individuals on the other side of Earhardt. You have the fray bros, and and college kids but a stones throw away. You have easy access (from the I-10 via Howard Ave Exit) for folks coming in from Metry. The location could be better, but it wasn’t the “death blow”.
Drive Shack is a mess. Look at their financials. Look at their stock. The company is sputtering, and the numbers show it. I had a decent size position in the company a few years back pre-Covid, and took a bath on those shares. The company needs new direction if they are ever to compete with Top Golf.
As for the mess that was the Times Picayune. Tragic. All that mess, and just a sitting eyesore.
I believe the Newhouse family donated that property to Xavier University, but someone check me on that. Whoever owns that property now, is going to need to fix that up.
I believe Endymion parks their floats (their float barn) right in that area. I wonder if they or a different parade group would be interested in buying up that spot (at a discount) and parking their floats there.