$2.00 THE BUSINESS NEWSPAPER OF METROPOLITAN NEW ORLEANS AUGUST 3-9, 2012 Outlet plans at Riverwalk draw doubts Developers bank on high-end stores to revive struggling mall

By Jennifer Larino Staff Writer [email protected]

THE RIVERWALK MARKETPLACE in downtown New Orleans has been a textbook example for the rise and fall of the American mall since developers first envisioned the retail center on the Mississippi River after the 1984 World’s Fair. The Howard Hughes Corp., which took owner- ship of the mile-long property in 2010, will take another crack at the facility later this year when it invests $70 million to redevel- op it as an upscale urban retail outlet with entertainment and dining. The project will be one of the nation’s first outlet concepts in an urban center. Technical The model has traditionally thrived in suburban and rural areas where developers can inexpensively build large cen- ters and attract low-margin, PAGE 9 high-volume tenants. UPTOWN GROWS Retail analysts call the AS AN OPTION move a gamble with a lot rid- TO MALLS Difficulties ing on the caliber of tenants developers can attract, but PAGE 7 some real estate experts feel the plan will work. “I think what they’ve come up with is a homerun, actually,” said Marty Mayer, CEO of Stirling Properties, which owns Clearview Mall in Metairie and is developing the Mid-City Market. No one questions the Riverwalk’s location, wedged between the French Quarter and the Convention Center, is prime retail real estate, Mayer said, but it has LOCAL IT SERVICE long been in limbo trying to compete with traditional malls such as Lakeside Shopping Center, Clearview FIRMS FACE NEW and The Esplanade. The outlet concept is more con- ducive to the space, he said, and allows its owners to COMPETITION FROM introduce a different retail mix to local shoppers and the 8 million visitors the city sees each year. But Pamela Kennett-Hensel, a marketing profes- APPLE, BEST BUY sor who studies retail at the University of New Orleans, is unsure the property is outlet-friendly. She said malls such as the Tanger Outlets in Gonzalez, the Gulfport Premium Outlets in Mississippi and

See RIVERWALK, page 8

PAGE 5 ON THE BLOCK Tourism rebound can’t save hotel from auction Visit our website at PROJECT PROGRESS PAGE 12 www.neworleanscitybusiness.com State dips toe into design-build at ports Boost your business

with an ad in the 2012-13 Jefferson Chamber Membership Directory

Take advantage of this opportunity to position your company in front of Jefferson Parish business leaders and decision makers.

For advertising information, please contact Liz Baldini 504.293.9213 • [email protected] www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 3

Editor’s Notes Greg LaRose

Dents, dentistry and discovering good customer service

IN THE PAST WEEK, I have been forced to it was time to face the Muzak. account. But I still had reserva- the accident with a question: “How are you?” do two of my least favorite things — visit the There appears to be two tions about what my experience Not “are you OK?” or “did you get hurt?” but dentist and file an auto insurance claim. Now schools of thought in running a would be like if I ever had to file “how are you?” that I’ve arrived safely on the other side of both dentistry business. One calls for a claim online. What a small but personal difference the appointments, I’m happy to report customer opulent surroundings and When I recently For the record, I’m not choice of words makes. service is alive and well. Cadillac-caliber services, while against working with a local It will be another week before I get my vehi- I can’t mention the businesses involved for the other offers quality care in a realized I’ve wasted agent. My home and flood cle back from the shop, but the insurance com- ethical reasons, but I can share why my experi- more austere environment. My money on a really insurance are handled in town, pany has made the process as painless as possi- ences, which had the potential to be absolutely preference is the latter because I and I have nothing but glowing ble. Again, I was never made to feel as though I awful, have me signing their praises. walk away from appointments good dental plan for reviews for my representative was neglectful or causing trouble. I don’t plan First, I’m not sure who actually looks for- feeling as though I didn’t just who has gone the extra mile. on being a repeat customer at the claims cen- ward to going to the dentist other than some- foot the bill for the giant flat six years, it was time I went more than five years ter, but I now have that peace of mind that I one in severe pain. It’s not that I’ve ever had a screen TV in the waiting room. to face the Muzak. without needing to file a claim on lacked five years ago. bad experience during a checkup or proce- In addition to a comfortable my auto policy — until last week. As for the dentist, I have to make two dure, and my dental health history is rather Spartan setting, my recent trip to On the day of the accident, I return trips in the next month or so for rou- unremarkable. Other than one dentist who the dentist was made more pleas- spent a little more than an hour tine maintenance. I’m actually close to saying made an Amway pitch while I was in his chair, ant by the fact that no one gave me a hard time on the scene before being able to return to my I’m look forward to it there’s nothing I can say bad about the profes- about my extended hiatus. office. When I got to my computer, I had largely because of how I sion as a whole. I even went back to Dr. As for my auto insurance claim, this marked already received an email from my insurer was treated. Amway because he was a good enough dentist the first time in 13 years I was involved in an acci- informing me a claim was filed. Granted, I But check back with to overlook that breach. dent. Back then I relied solely on the telephone would have rather not been in the accident in me when the anesthetic It has always been convenient for me to find for contact with my carrier. Since then, I have the first place, but there was some satisfaction in wears off.• an excuse to skip a visit here and there: I’ve just done my insurance shopping on the Internet. knowing the process was underway. started a new job; I’m new in town; the sun rose It was an easy decision a few years ago when Later in the day, I received a phone call Editor Greg LaRose can be today. But when I recently realized I’ve wasted going through a local agent would have added from the insurance company, and the claims reached at 293-9299 or money on a really good dental plan for six years, another $200 annually to the cost of my representative started the conversation about [email protected].

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12 18 NEWS SPECIAL FEATURES FOCUS Health Care

5 Pilot program takes first step toward public design-build 8 Construction Central: Industry 18 Meditation helps cancer patients cope with disease, stress Cover Story may not recover in 2013 21 Lists: Diagnostic imaging centers 7 IT firms face big name competition for small business clients 10 Business Dashboard 12 Tourism rebound not enough to keep FQ hotel afloat 11 CityBit 14 Typos torment efforts to revamp business park 15 Dining Out: Mr. Gyros excels at more than its namesake OPINION 23 Around Town: People moving up, calendar, building permits 16 Editorial: Unfair TAG program is best left to expire www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 5 PHOTO BY FRANK AYMAMI The New Orleans Cold Storage facility at the Port of New Orleans was built using the design-build process, which combines architecture, engineering and construction in one contract.

PROJECT PROGRESS Pilot program allows ports to use design-build

By Ben Myers port interests to create a pilot program that allows no more Staff Writer than 10 new design-build projects for cargo transport, pro- [email protected] duction, storage or manufacturing. Whether moves in the direction of Texas, DESIGN-BUILD CONTRACTING is expanding at which uses design-build for all public projects, remains to be Louisiana ports, if only in a limited fashion. seen. But the pilot program marks a noteworthy consensus Engineers and architects in the past have objected to the among parties previously at odds over the approach. method, which allows government agencies to award a sin- The linchpin for engineers was a requirement that gle contract for simultaneous design and construction on public works projects. But they reached a compromise with See PROJECT PROGRESS, page 6

What happened: The Hubig’s Pie What happened: The company that owns the What happened: Congressman facility in the Marigny was destroyed in Riverwalk Marketplace announced July 26 that it Cedric Richmond has asked Gov. a July 27 fire. Drew Ramsey, a member will spend $70 million to renovate the property into Bobby Jindal to reconsider his posi- of one of the families that owns the an upscale outlet mall (see story on page 1). tion on expanding Louisiana’s company, said they intend to rebuild. What’s next: Medicaid program, which the new There’s no timeline yet on their return. The project is federal health care law allows. QUICK What’s next: Rouses Market merely a concept What’s next: Don’t expect the owner Donald Rouse has offered at this point, and governor to relent from his stance, especially as he takes temporary jobs at his stores to don’t be surprised a more prominent role in the Romney campaign. Hubig’s employees, but there’s nothing if the Howard Richmond’s request puts him in a favorable position with official or specific on the table in so far as a temporary site Hughes Corp. his constituency, many of whom could benefit from where pies could be made. Trade secrets will be held very takes the develop- greater access to Medicaid. HITS close to the vest, so don’t expect a hasty interim approach ment in a different — Greg LaRose Analyzing the week’s top news and from the Hubig’s team. direction. Foremost on its mind is increasing the value of what you can expect to happen next a property it had to mark down $56 million two years ago. www.neworleanscitybusiness.com 6 New Orleans CityBusiness August 3-9, 2012

PROJECT PROGRESS design-build process to lure customers who projects that don’t typically require archi- Port gets to pilot continued from page 5 expect timely completion of silos, crane tects, said Joe Accardo, director of the Ports installations and other specialized facilities. Association of Louisiana Executive A new pilot program allows Louisiana ports to ports retain third-party design professionals Not doing so puts them at a competitive dis- Director. use design-build procurement on no more than to furnish technical specifications and per- advantage with facilities in Texas. Architects are typically needed for office 10 projects through the end of 2015. The design- formance criteria to monitor design-build “When you just isolate that one feature of buildings and other projects not critical to build method combines components of the new contractors, said Ron Rodi, a principal with timing, Texas ports may look attractive to economic development, Brinkman said. construction process that are typically handled Baton Rouge-based CSRS Inc. some private developers,” Donald That, however, was not the case with through separate bids. Provisions of the pilot In the past, engineers have been leery Brinkman, engineering director at the Port Louisiana’s first port design-build project, program include: about working for contractors, which they of Lake Charles, which competes directly the Port of New Orleans’ recently completed • a third-party design professional must devise feared would limit their ability to consult with ports in Beaumont and Corpus Christi. cold-storage warehouse. The new ware- technical specifications and performance criteria; directly with public owners. That ultimately Architects have also held concerns about house was built specifically to prevent New can jeopardize the quality of projects, said design-build, and projects requiring an Orleans Cold Storage from relocating or • projects requiring an architect are ineligible; and Rodi, who helped negotiate the bill on architect are ineligible for the pilot program. going out of business and is seen as model • projects are subject to House and Senate behalf of the Louisiana Engineering Society. But this exclusion did not result from any for future port projects. Transportation Committees “Your position is compromised,” Rodi overt lobbying by architecture interest To complete the NOCS facility at the Source: Louisiana Legislature said. “Being a contractor and a designer is groups. Henry Clay Avenue Wharf, the port took somewhat paradoxical.” Rather, it appears port interests didn’t advantage of a temporary law allowing select Third-party supervision satisfies that want to unnecessarily pick fights with engi- public agencies to use design-build for speed is a primary reason for using design concern, said Rodi, who praised ports for neers and architects at the same time. repairs in hurricane-affected parishes. build. For example, allowing time for proper recognizing this need. To get the bill passed, port interests But that project employed an architect so site investigation in advance of a design- Louisiana ports say they need to use the agreed to limit themselves to highly technical it’s questionable whether it would have qual- build contract provides contractors with ified under the new guidelines. That law, clearer instructions and fewer chances for which is likely to expire next year after misunderstandings, she said. receiving a one-year extension, eschews “The common misperception is design tightly focused restrictions contained in the build is always faster and cheaper,” Keller “The common misperception is design build is always faster and cheaper. new pilot program. said. “What people have to understand is In any case, the presence of an architect is that design build is about value.” What people have to understand is that design build is about value.” not necessarily why the cold-storage ware- Accardo said he expects some ports to house was successful. The port’s develop- push for more design-build projects in com- DEBORAH KELLER ment director, Deborah Keller, is credited ing years. development director with devising administrative rules that bal- Pearlina Thomas, a representative of the Port of New Orleans anced quality with speed, an objective that New Orleans chapter of Louisiana port executives and designers agree is in Associated General Contractors, said con- everyone’s interest. tractors generally will support more design- Keller said strict focus on speed risks build projects so long as they’re awarded in costly and time-consuming surprises, even if a transparent manner.•

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COVER STORY Technical Difficulties IT behemoths try to crack local market with small business service

By Jennifer Larino “They’re looking for that Staff Writer hand holding and they’re will- [email protected] ing to pay for it,” Herrera said. PHOTOS BY FRANK AYMAMI BY FRANK AYMAMI PHOTOS Herrera and d’Aquin GEOFF COATS, owner of expect some small business- Zande+Newman Design in es will see corporate IT serv- New Orleans, spent an hour ice options as a way to cut on the phone with Apple costs. But they said the small consumer support recently business market is large trying to work out a glitch he enough for their respective ran into while configuring the businesses and larger firms calendar application on his to survive. computer for use as a compa- Nearly half of U.S. small nywide scheduling tool. business owners expected Coats said IT glitches their IT budgets to increase with the “constellation of more than 6 percent in 2012, toys” his firm runs on - all according to a July 2011 sur- Apple desktops, laptops vey of 602 businesses with and iPads - are rare, and he fewer than 500 employees the or his staff can set up a com- Computing Technology puter or install software on Industry Association con- their own. ducted. Seth Robinson, an But when larger prob- analyst with the association, lems do arise, Coats said he said small business IT spend- can spend hours on the ing is projected to grow about phone and hundreds of dol- 4 percent annually over the lars searching for the right next three years, though expertise. he noted most small busi- He said his firm, which nesses still view support employs six to 10 people Above: Comtech CEO Darryl D'Aquin demonstrates a VoiceOver IP as an internal rather than depending on the project, communication system. Right: Comtech service desk analyst Spenser as an outsourced role. isn’t large enough to hire Robinson reviews client information. Bill Walker, a New even a one-man IT depart- Orleans independent ment and can’t afford to foot consultant with 20 years a monthly IT support bill for the occasional sourcing firm, for $167 million in December in of experience, said he problem. Full-service IT support costs an aver- a push offer IT services to its small business sees more small business- age of about $100 per workstation. customers. Mindshift, which acquired Austin- es avoiding fixed monthly “We just don’t have enough problems and based White Glove Technologies in July, will IT support costs in favor we don’t have enough scale,” Coats said. offer mostly remote service to customers. of project-by-project New Orleans-area IT firms and consultants Last June, Apple partnered with OnForce spending. But that’s not a have competed to attract small business clients Inc., a Lexington, Mass.-based support net- bad thing, he said. like Coats in recent years as more businesses work, to offer services to small business cus- Walker, who has enlist external support to help with everything tomers at their offices. worked through OnForce from setting up computers to data security. Apple customers have long been able to get in the past, looks to Now they face new competition from Apple product support at Apple retail stores, but taking partner with corporate and Best Buy, which are starting to offer on- equipment in for repairs can be inconvenient for even the smallest businesses have complex and service providers as more look to tap into the demand support for small business customers. small businesses. Apple’s small business cus- unique IT needs, from getting different soft- local market. While small businesses have cut back tomers are now referred to independent IT-service ware to work together to making computer pur- “That’s one of the things that helps me with spending in the wake of the providers in the area through chasing decisions. small businesses,” Walker said. “I can go into a national recession, U.S. firms OnForce, which charges inde- CommTech serves about 100 customers in company and say use me as much as you need to,” with fewer than 500 employ- $23.5 billion pendent providers a referral fee the New Orleans area and charges from $60 to Coats, the design firm owner, said that ees spent about $23 billion of 10 percent of sales. $150 per user for IT support services. Often model works best for his size company, which on IT services in 2011, an What U.S. businesses with “There is a lot of energy CommTech often functions as a business only enlists help for complex computer net- amount that is expected to fewer than 500 employees going after small to mid-sized owner’s entire IT department, d’Aquin said. work or server backup problems. He’s still top $38 billion this year, spent on information businesses,” OnForce chief “They need help at a much higher level than learning how IT support offerings through according to research firm technology services in 2011 operating officer Bill Lucchini just, ‘Does my computer work?’” he said. Apple compare to local service options but International Data Corp. Source: International Data Corp. said, noting large companies David Herrera, owner of Digital Solutions noted having access qualified technicians for Still, many small busi- such as Apple are interested in Inc. in Metairie, which supports clients with up specific projects through Apple might be easier nesses hesitate to pay month- providing IT service without to 75 workstations, said more small businesses than sifting through area independent consult- ly fees for the managed services plans many having to pay and train a technician work force. are willing to pay for that individual attention. ants on his own. small and regional IT firms offer. Darryl d’Aquin, owner of CommTech He charges between $15 and $60 per worksta- “We’re always finding people at various lev- Best Buy bought Waltham, Mass.-based Industries in Metairie, said he isn’t worried tion monthly depending on the complexity of els of skill, and you’re never quite sure what Mindshift Technologies Inc., a national out- about the big box competition. D’Aquin said the system. you’re getting,” Coats said.• www.neworleanscitybusiness.com 8 New Orleans CityBusiness August 3-9, 2012

Construction Central

BID TRAX The apparent low bidders on New Orleans-area projects based on bid openings announced in the past week, according to research from The Daily Journal of Commerce, a sister publication of New Orleans CityBusiness.

Project: Subsurface drainage improvements to Sena Drive Owner: Jefferson Parish Council Firm: Hard Rock Construction Co., Metairie Bid amount: $2.58 million Opened: July 24

Project: Roof replacement at Andrew J. Bell Junior High School, New Orleans Owner: Louisiana Department of Education Firm: Crescent Commercial Construction, Jefferson Bid amount: $1.26 million Opened: July 19

Project: Louisiana Highway 21 from junction U.S. 190 Business to junction Louisiana Highway 1084 overland and improvements, St. Tammany Parish Owner: Louisiana Department of Transportation and Development Firm: Barriere Construction Co., Belle Chasse Bid amount: $1.24 million Opened: July 25

Project: Interstate 10 New Orleans Terminal Railroad Bridge painting and cleaning Economist: Industry may not recover in 2013 Owner: Louisiana Department of Transportation and Development Firm: Astron General Contracting Inc., Jacksonville, N.C. Associated Builders and Contractors Chief Economist tax rates, the financial chaos in Europe and the 2012 elec- Bid amount: $1.05 million Anirban Basu has said the nation’s construction industry tions, he said. Opened: July 25 may not recover next year. “No sector of the economy during the recession has lost “I’m not buying in to the proposition that the nation’s more jobs than the construction industry, with nearly five Project: Louisiana Highway 437 from U.S. 190B to Louisiana Highway 25 asphalt and paving improvements, construction industry will recover in 2013,” Basu said million jobs lost since December 2007,” Basu said. “And St. Tammany Parish recently. “What we have right now is an utter lack of what we now see is that job growth is decelerating. The Owner: Louisiana Department of Transportation and Development confidence in the economy, and confidence represents a trend is not positive for construction employment in the Firm: Barriere Construction Co., Franklinton centrally important requirement for construction spend- months ahead. Bid amount: $826,742 ing growth.” However, it’s not all bad news. Opened: July 25 While there is capital and profitability in the broader “Certain construction segments likely will experience economy and money sitting in the banks, many decision- growth in the coming months, including health care and — Compiled by Becky Naquin, assistant data editor makers have adopted a wait-and-see attitude until the sea power generation. of uncertainty related to the future path of federal spending, — CityBusiness staff reports

First urban-based outlet mall

RIVERWALK to widen the existing structure. tenants but said the company BY FRANK AYMAMI PHOTO continued from page 1 Wilkes Graham, an analyst with Compass has met with interested retailers Point Research and Trading in Washington, for more than a year, many of D.C., said that existing structure is why he which would be opening their Silver Sands Factory Stores in Destin, Fla., thinks the outlet concept will work at the first location in Louisiana. thrive because they were built on cheap prop- Riverwalk. He noted that the property’s value Don Schwarcz, partner at erty. Developers don’t have to was lowered $56 million before SRSA Commercial Real Estate charge high rent to earn a General Growth Properties in Metairie, said the lack of return, an important factor transferred it to Hughes, an off- department stores in Orleans when trying to attract tenants shoot it created specifically to Parish could draw tenants to selling discount merchandise handle underperforming prop- the Riverwalk. Those stores and operating on slimmer mar- erty. The company currently sell many of the brand names gins, she said. values the Riverwalk property that typically open factory Riverwalk developers may at about $12 million. stores in outlet centers, he said, have to give away space to “The land is such a low and most retailers hesitate to attract tenants, Kennett-Hensel cost that they can build at real- move to areas where factory said, and the enclosed mall with ly good returns and they store sales overlap with depart- limited parking and no anchor already have a structure,” ment store sales. locations is another tough sell. Graham said, adding those Outside of Saks Fifth She noted that most successful savings could translate to Avenue in Canal Place, “There outlets are anchored, open-air $56 million palatable rental rates. “They is no major assemblage of high- centers visible from a highway don’t have to go into the volume retail in the downtown The markdown on the with ample parking. Riverwalk Marketplace when ground, which is the costly area,” Schwarcz said. “The Riverwalk is always bankrupt General Growth part of development.” Bulmash said the lack of going to be constrained by what Properties moved the property Whether the upscale tenants retail in Orleans Parish has been The Howard Hughes Corp. wants to add an additional 50,000 square feet to it is,” Kennett-Hensel said. to its spinoff, the Howard the center needs to attract will a big factor in drumming up the Riverwalk Marketplace in its $70 million overhaul of the property. “You can refurbish it and make Hughes Corp., in 2010. buy into the concept is more of interest in the Riverwalk outlets. it look newer, but unless you a moving target, he said. “Retailers are looking at this as a great, Harrah’s redeveloped Fulton Street start from scratch you’re work- $11.4 million “Nothing is real until you get untapped opportunity,” he said. across Convention Center Boulevard from ing with an existing structure.” The current value Howard leases signed,” Graham said. Once the Riverwalk secures retail tenants, the Riverwalk in 2006, and the venue is start- The Howard Hughes Corp. Hughes Corp. has on its books Mark Bulmash, senior vice Kennett-Hensel said the next hurdle will be ing to gain footing as a dining and entertain- said it will add 50,000 square for Riverwalk Marketplace. president of development for working in dining and entertainment options ment attraction. feet to an existing 200,000 Source: CityBusiness staff research The Howard Hughes Corp., that fit the outlet environment and are different “It’s a little unusual to say I’m going to a square feet at the mall, mostly declined to name potential from offerings already available. night club in an outlet mall,” Hensel said.• www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 9 Retailers follow shopping PHOTO BY FRANK AYMAMI trends to urban corridors PHOTO BY FRANK AYMAMI

Local stores admit they would Sales per square foot at U.S. make more money with a mall shopping malls through June location but stick to their roots 2012 $467 2011 $429 By Richard A. Webster Source: International Council of Shopping Centers Staff Writer [email protected] money on a daily basis compared with the NATIONAL CHAINS Smashburger, Jamba crowds on Magazine Street that ebb and flow Juice and the clothing boutique Free People depending on the number of tourists in the city. recently moved to Magazine Street, following Despite doing solid business near a mall, an industry trend that focuses on urban centers Thom said she would never open a store instead of suburban shopping malls. inside one. The rent is too high and there is a But that doesn’t mean retail corridors such complete loss of freedom that flies in the face of as Magazine are the most attractive areas for the small business concept, such as giving her business. Shoe-Nami’s Metairie location next employees the day off on holidays when malls to Lakeside Mall is consistently more profitable are typically open. than its Garden District store, said co-owner Shoe-Nami also stays out of the mall Dora Cullen. because of the high rents, Cullen said. As a dis- “We’re on Magazine because we like count retailer, the store has to keep its over- Magazine Street,” she said. “We’re New head low to keep prices down, she said. Orleanians. We started our store in New Orleans Still, shops inside the mall are reporting and we’d like to stay in New Orleans. But cer- higher returns this year. Sales per square foot tainly our other stores are more lucrative.” at U.S. shopping malls increased to $467 Moving into urban centers is “all the talk” of through June compared with $429 through the retail industry, said Michael Niemira, the same period in 2011, according to the research director for the International Council International Council of Shopping Centers. of Shopping Centers. Patricia Norins, publisher of Pinnacle “Malls were popular six years ago, but it’s a Publishing Group Inc., a Hanover, Mass., market that’s very mature,” Niemira said. company dedicated to the retail industry, said Despite the steady foot traffic, store owners with locations on Magazine Street say their locations near shopping centers are more profitable. “There is not a lot of opportunity in the tradi- large shopping centers offer a wide array of tional end of the business. The need for that selections while urban shopping corridors are format has been waning for a number of years.” sometimes more about entertainment, which High-end retail malls continue to perform might explain the lower sales. JSR Vetting Services, LLC extremely well but the second- and third-tier “I was in New York with my daughter last  shopping centers are struggling, said David December,” Norins said. “It was unseasonably Franchise Opportunities Even in Oz they needed to Harris, a research analyst at Imperial Capital in warm, a gorgeous warm day, and we were Los Angeles. Retailers are looking to cut back looking to go to a cute caf and have an outdoor Available look behind the curtain. on space and inventory but still want to be in experience, so we went to Soho. If I want to go areas attractive to shoppers. to Nordstrom I’d go to the mall.” Retail Locations Wanted That’s what leads them into the city. Operating inside a mall might lead to “You can drive past any number of shop- greater sales, but Thom said the benefits are New Orleans ping centers and see spaces to let or nonretail- not worth the price. ers like fitness cubs and chiropractors occupy- “If you put a small business in a mall like 504-835-7770 ing spaces that five years ago would be occu- that, you become relegated to that corporate pied by retail,” Harris said. mentality and corporate structure and that’s Lake Charles For some retailers, being close to, but not in what I wanted to get away from,” Thom said. a mall has its benefits. “There’s no doubt we’d probably gross more if 337-480-3915 3445 N. Causeway Blvd., Suite 520 Fleurty Girl has a location near Lakeside we were in the mall because we would catch all Metairie, LA 70002 Mall that regularly outpaces its Uptown T-shirt those people, but at the same time we hear from [email protected] shop, owner Lauren Thom said. The shopping customers who say, ‘I love that I can pull right Tel: 504.831.1156 or 888.306.0004 "SUBWAY® is a registered trademark of Doctor’s Associates Inc. center attracts more people willing to spend up to your store, get what I need and go.’”• © 2012 Doctor’s Associates Inc." www.rmsnola.com

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CallCall BeckyceB Naquin at 504-293-9219 www.neworleanscitybusiness.com 10 New Orleans CityBusiness August 3-9, 2012 BusinessDASHBOARD

New Orleans-area Armstrong traffic unemployment claims Louis Armstrong New Orleans International Airport ranked No. 62 among U.S. airports in domestic fares for roundtrip or one-way tickets in the first quarter. Fares are based on the total

1500 ticket value, which consists of the price charged by the airlines plus any additional taxes and fees but do not include other fees, such as baggage. $1.3 billion 1,231 2012 2011 Change 1200 Value of nonresidential construction 1,095 New Orleans $359.61 $325.32 10.5 percent permits issued in Jefferson, 977 United States $$372.75 $355.72 4.8 percent Orleans, Plaquemines, St. Bernard, 900 Source: CityBusiness staff research St. Charles, St. John and St. Tammany parishes as of 600 June 30 — down 71 percent compared with the first half of 2011. 300 Source: McGraw Hill Construction

0 July 14 July 7 July 16, 2011 Unemployment at a glance Parish June May June 2011 Parish June May June 2011 St. Tammany 6.9 percent 5.9 percent 6.3 percent Jefferson 8 percent 6.8 percent 7.4 percent St. Bernard 10 percent 8.2 percent 8.7 percent Foreclosure Orleans 10.6 percent 8.4 percent 9.8 percent New Orleans area 8.7 percent 7.1 percent 8 percent facts Louisiana 8.6 percent 7.1 percent 8.2 percent United States 8.4 percent 7.9 percent 9.3 percent The New Orleans area’s foreclosure rate in the first half of 2012 was 96th among the 212 metro areas foreclosure tacking company RealtyTrac follows nationwide. The 3,678 filings produced a rate of one in every 146 housing units Parish-by-parish weekly claims receiving a filing, down 2.54 percent over the second half of 2011 and Jefferson 272 down 18.23 percent over the same period a year ago. The foreclosure rate Orleans 317 includes default notices, auction sale notices and bank repossession River Parishes* 89 St. Bernard 28 Occupancy update St. Tammany 97 Occupancy among the Central Business District’s Class A office space was Area Filings Households Change over 2011 nearly flat in the second quarter. in foreclosure Source: Louisiana Department of Labor. *River Parishes 1. Stockton, Calif. 6,218 1 in 38 (16.22 percent) include St. Charles, St. James and St. John. 2Q 1Q 2Q 2011 6. Atlanta 46,267 1 in 47 4.77 percent Central Business District 95. Mobile, Ala. 1,221 1 in 146 (13.83 percent) Class A 85.79 percent 85.78 percent 85.35 percent 96. New Orleans 3,678 1 in 146 (18.23 percent) Class B 64.01 percent 62.93 percent 55.01 percent 98. Memphis, Tenn. 3,710 1 in 148 1.87 percent 101. Birmingham, Ala. 3,289 1 in 152 (7.2 percent) Metairie 106. Houston 14,563 1 in 158 (14.82 percent) Class A 93.35 percent 93.05 percent 90.33 percent 108. Nashville, Tenn. 4,096 1 in 163 (19.29 percent) Class B 88.23percent 88.29 percent 86.77 percent 113. Baton Rouge 1,928 1 in 171 (2.58 percent) 141. Lafayette 497 1 in 233 No change West Bank 162. Shreveport 559 1 in 311 (31.16 percent) Class A 81.87percent 81.03 percent 88.65 percent 170. Houma 241 1 in 342 (10.41 percent) 172. Gulfport, Miss 332 1 in 344 11.41 percent Elmwood 179. Jackson, Miss. 563 1 in 395 (7.4 percent) 79.31 percent 85.76 percent 93.92 percent 184. Little Rock, Ark. 697 1 in 440 (75.8 percent)

Source: Equity Office Properties U.S. 1.05 million 1 in 126 (10.65 percent) Source: RealtyTrac (decrease)

Pay report

While workers in the New Orleans area made an average of 5.4 percent more Checking in each week in May compared with a year ago, they made 0.8 percent less than in May. Occupancy rate for New Orleans-area hotels*: June May June 2011 July 21 June 14 July 23, 2011 Weekly earnings $891.68 $898.51 $846.18 74.4 percent 73 percent 62.5 percent Hours worked 37.2 37.8 36.1 Hourly earnings $23.97 $23.77 $23.44 Source: Smith Travel Research *New Orleans area includes Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, Source: Louisiana Workforce Commission St. James, St. John and St. Tammany parishes www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 11 CityBits CityBusiness staff reports

Sidney Torres buys resort in Bahamas Sidney Torres IV is taking a departure from garbage in his latest venture. started a private investment firm with plans to inject $10 million into Gulf The former owner of SDT Waste & Debris Services has purchased a 32-acre Coast businesses. resort property in the Bahamas for $1.8 million and will more than double A release from Torres said The Cove is scheduled to open in November its capacity with an extensive renovation. after “extensive enhancements.” The property will have 50 rooms, with 26 A beachfront view of the Bahamas resort Sidney Torres IV purchased for $1.8 million. The hospitality industry is nothing new for Torres, who has renovated new garden and beachfront guest suites added to the 24 existing rooms. three boutique hotels in the French Quarter. His recent acquisition of The “Eleuthera is a magical island and our goal is to bring the same leg- back to the breathtaking secluded, pink sand beaches.” Cove Eleuthra Resort marks his first international investment since selling endary hospitality, food and decor of the New Orleans French Quarter to the Torres has hired Chris Lynch, who trained under Emeril Lagasse, to run his garbage hauling company to IESI Corp. in June 2011. A month later he Bahamas,” Torres said in a release. “We’re very excited to welcome guests the resort’s new restaurant. AP PHOTO

2012 Money Makers announced A firefighter sprays down the remains of the Hubig’s Pies bak- CityBusiness has announced its 2012 Money Makers ery in the Marigny neighborhood, honorees, recognizing 50 financial professionals for which fire destroyed July 27. their work and civic achievements

BANKING Emmett Dupas Brad Calloway Octave Francis Judy DeLucca Robert Hand Marlene Laboureur Ralph Leopold Christopher Maurer Geary Mason Alton McRee Cham Mehaffey Mignhon Tourne Tom Meyer Mark Rosa John Morgan Donald Washington Rudy Revuelta Stephen Wessel Howard Rogers Lain St. Paul CORPORATE Jonathan Stewart Alita Capraotta Diana Stieffel Lou Derbes Randy Waesche from the David Fried Ellen Yellin Rising Ashes James Harp George Young Beth Johnson Mark Joslin PROFESSIONAL Hubig’s fire underlines importance of business interruption coverage Mary Lavalla Gary Bell Christian Stuart Scott Dessens Robert Taylor Gus Flattmann Drew Ramsey quickly declared that his family bridge the time between a fire that destroyed more expensive because companies have to Steven Toups Fred Johnson Jr. and the others that own Hubig’s Pies will rebuild the restaurant in February and reopening at the account for the precise cost of being temporarily Robert Kimbro after an early morning July 27 fire destroyed end of May after reconstruction. out of business. INVESTMENT Shasta Leininger their facility. Rouses Market has offered to pro- “The key is getting the right amount of cover- “Carriers are making sure businesses provide Leonard Alsfeld Sandy Marlbrough vide temporary jobs for Hubig’s workers while it age,” Eagan said, explaining the policy value is a lot of detail,” he said. Mary Margaret Brewer Ted Mason plans its comeback. based on how long the business owner thinks it In terms of property coverage, Eagan said an David Capo Philip Rebowe A company dealing with such a devastating will take to rebuild. important distinction in a policy is between Don Celestin Jr. Allen Villarrubia event can keep its work force in place with busi- Many business owners learned the hard way replacement cost and actual value. The replace- Jack Dardis ness interruption insurance, which provides for after Hurricane Katrina and the levee failures that ment cost allows a property owner to rebuild with- items such as payroll when a company is flooding doesn’t trigger a business interruption out factoring in depreciation. The actual value rebuilding. Marc Eagan, president of Eagan policy. Since the storm, a product specific to includes depreciation, meaning it would be more Honorees will be recognized at noon luncheon Insurance, said it was this specific coverage floods has arrived on the market, but Eagan said difficult for the owner of an older property to Oct. 10 at the Ritz-Carlton New Orleans and in a that allowed Rocky and Carlo’s in Chalmette to it and all other interruption policies have become restore it to its original state before a fire. special publication within the Oct. 12 issue of CityBusiness. Reservations can be made online at www.regonline.com/2012moneymakers or by contacting Events Coordinator Tom Misener at [email protected]. Mid-City Market tenants file $10M in building permits

Four building permits on the Mid-City Market con- two months once slab work is completed. The four permits cover all five of the market’s struction site on Carrollton Avenue have been filed “They’ve got to prep the foundation, get all the buildings and amount to roughly $10 million in within the past two weeks, Stirling Properties Vice in-slab plumbing in place, pour the slabs and hard construction costs, Underhill said. They President Townsend Underhill said. start going vertical with all those buildings,” include $5.1 million for a Winn-Dixie that will Underhill said construction will begin within Underhill said. anchor the development. www.neworleanscitybusiness.com 12 New Orleans CityBusiness August 3-9, 2012 2012-2013 Tourism recovery isn’t BOOKKOFL OF LILISTSSTSTS GOLD SPONSOR enough to rescue hotel Adams and Reese LLP Astor Hotel goes up for auction “With 700 rooms and only 32,000 later this month after its owners square feet of meeting space, you’re SILVERSILVLVER SPONSORS fail to recoup their investment Constructionn & Design: ProSource of New Neew Orleans kind of fish nor foul at that point so far By Richard A. Webster FinanceFinancce & In Investments:Whitneyvestments: Whitney BBank as being a convention hotel.” Staff Writer General Business: Buusiness: Stewart Lodges at StSteelwoodteelwood [email protected] IVAN MIESTCHOVICH director Healthh Care: Ochsner Health SysSystemstem THE ASTOR CROWNE Plaza Hotel is University of New Orleans being auctioned Aug. 22 at a reserve price of Information Systems/Office Systemms/Offiffice TeTTechnology:echnology: CoxCox Business-LouisianaBBusiness-Louisiana Institute for Economic Development and Real Estate Research $105 million. Legal:Legaal: McGlinchey StaStaffordffffoford PLLC PLLC San Francisco-based RREEF Real Estate and Loeb Partners Realty of New York owns the 693- bondholders’ investment. Tourism,ToTourism, TravelTrTravavel & Entertainment: Entertainnment: New Orleans Convention Conveention & &Visitors Visitors Bureau room hotel at the intersection of Bourbon and The New Orleans tourism industry is cur- Canal streets. They purchased the property in rently booming, but it was struggling five years 2007 for $93 million from Decatur Hotels and its ago when RREEF and Loeb Partners pur- SPINE SPONSOR former president and CEO, Patrick Quinn. chased the Astor. In 2007 there were 7.1 mil- An unnamed special servicer, usually a com- lion visitors compared with 8.7 million last ReadSoftReadSoftft pany hired to handle a loan that’s in default, has year, according to the New Orleans retained Auction.com to sell the Astor Crowne. Metropolitan Convention and Visitors Bureau. AllibyteAllibyte TeTTechnologiesechnologies | Alvendia, KeKKellyelly&D & Demarest,emarest, LLC Auction.com co-CEO Eric Paulsen called the Although the visitor numbers are expected arrangement somewhat “unusual.” to keep increasing, the recession and the Gulf BakeBakerr,r, Donelson,Donelsoon, Bearman, Caldwell & Berkowitz Beerkokowitz P.C.P.P.C. In a typical auction, the reserve price, or oil spill — combined with the Astor Crowne’s what the owner has agreed to sell the property $11 million renovation in 2009 — might have Benjamin Franklin High School S | Bienvenu, Foster, Foster,r, RRyan & O’Bannon, LLC at, is not listed. The opening bid is set at less been enough to drive the owners into debt, Blue CrossCross Blue Shield of f Louisiana | Bourgeois BennBennettnett | Capital One Bank than the reserve to give prospective buyers said Ivan Miestchovich, director and associate time to make an offer, and they don’t know finance professor at the Institute for Economic Carolyn TalbertTaTalbert | Carver,Carvever,r, Darden,D Koretzky,KoKoretztzkyky,y, Tessier,TeTessier,r, Finn,, Blossman & Areaux LLC what the reserve is until they make an offer that Development and Real Estate Research at the CharlotteCharloCharlotte HaileH Haileyailey DorionD Doorionorion | CrescentCrescent River River Port Port Pilots'Pilots AssociAssociationAssociationion matches the seller’s asking price. University of New Orleans. In the case of the Astor Crowne, the open- When Decatur Hotels sold the Astor in 2007, DDaughtersaughters ooff CCharityharityty SServiceservices ooff NNewew OOrleansrleans | DiagnosticDiagnostic IImagingmaging SServiceservices ing bid of $105 million is the reserve. Quinn blamed the struggling post-Katrina “We’d like to achieve more but the seller tourism industry. RREEF and Loeb Partners DonahueDonahue FavretFavavret ContractorsContractors | EaganEagan InsuranceInsurance Agency,Agency,y, Inc.Inc. | EnergyEnergy CentreCentre said, ‘I’m good at $105 million,’” Paulsen said. declined to discuss reasons for the auction. FauntleroFauntleroy LathamLatham WeldonWeWeldon BarréBarré Architects,Architects, APCAPC | GallagherGallagher InternationalInternational “Obviously they have aspirations of it going The lack of meeting space could also have higher, and we have market indications that is played a role, Miestchovich said. GarGardnerdner RealtorsRealtors | GGarrityarrity PPrintrint SolutionsSolutions | HannisHannis T.T. BourgeoisBourgeois a distinct possibility. It would be a disappoint- The Astor Crowne has 32,000 square feet HomeHome BankBank | IsidoreIsidore NewmanNewman SchoolSchool | Jani-KingJani-King ofof NewNew OrleansOrleans ment to us is if it stopped there.” The most likely reason a seller would set Hotel on the block JJedcoedco / CChurhurcchillhill TeTTechnologyechnology + BBusinessusiness PParkark | JenniferJennifer RiceRice & TeamTeTeam the opening bid as the reserve is financial diffi- JJohnohn SSchaffchaffff | J,JJones,ones, SSwanson,wanson, HHuddelluddell & GGararrison,rison,,J LLCLLC Jonesones WalkerWaWalkeker culties, Paulsen said. An auction is scheduled for Aug. 22 for the Astor Master servicers oversee large pools of loans Crowne Plaza Hotel, which last changed hands Kailas Companies | KeanKeKeann Miller, Miller,r, LLP | Keller Williams Williamms Realty New Orleans sold on the commercial mortgage-backed securi- five years ago. ty market. If someone borrowed money and LaPorte | LatterLatttter & Blumm – Garden District | LatterLatteer & Blum – Uptown Where: 739 Canal St. their loan was part of the larger pool, they would Rooms: 693 Liberty Bank | Louise S. McGehee M | Louis ArmstronArmstrongng International Airport make their payments to the master servicer. Meeting space: 32,000 square feet If the borrower cannot make their pay- Owner: RREEF Real Estate and Loeb Partners Realty LyLynnynn Luk Lukerer & Associates, Asssociates, LLC | Metairie ParParkrk Country Day Dayay ments or violates the terms of the loan, the Asking price: $105 million Last sold for: $93 million in 2007 Mount Carmel Academ Acaademyy | New YoYYorkork Life Insurance Insuurance Company master servicer hands the account to a special servicer, who can modify the loan, foreclose Assessed land value: $2.3 million NOLA’sNOLA’s Essential ReRealtyealty,y, L.L.C. | Our Lady of Holy H Cross College or, as in this case, sell the loan to unload the Assessed building value: $100,000 property as quickly as possible and protect the Source: CityBusiness staff research Phelpsp Dunbar LLP LLLP | Postlethwaite & NeNettervilletttterrville | ReadSoReadSoftftft RE/MAX N. O.O. ProperPropertiesrties | Resource Bank | St. Louis L King of France St. Martin’sMartin’s EpEpiscopalpiscopal School | St. Mary’s Dominican  St. Paul’ Paul’ss Episcopal School | Samara D Poché | Sarah Martzolf    Select Pr Properties,operties, LLtd.td. | Slidell Memorial Hospital | Stewart Enterprises New Orleans’ only locallyyllacolylno’snaelrOweN oowned anddnadenw TeTeetratra TeTechech | The Personnel Personnel Consulting Group | TouroToTouro Infirmary Come meet our team and learn about: operated Air CharterretrahCriAdetarepo Service,S ,ecivre Our aggressive growth plan specializing in executive transportationrtevitucexenignizilaiceps a noitatropsn TrTrruittuitttt LLaawaw Firm | TTuTulaneulane Medical Center | UrUrsulinersuline Academy What we are looking for in new sites Why SUBWAY® is growing while others are not! WeWellsells Farg Fargogo Bank | WoodwardWoWoodward Design gn + Build And much more 24 hourruoh42 “on“ demand”dnamedno ” charteretrahc etrahcdnamednoruoh42 availabilityytilibaliavare JET CHARTERAHCTEJ RT NOWWONRE AVAILABLE!AAVVVAAI !ELBAL +*)('&% $#"#! ## '''('& #'#  Liz Baldini Cassie Foreman Jennifer Forbes "#& # # '& WhenWWhhheeenn ttitimeiimmmee isis money,mmooonnneeeyyy,, letlleet usus helphheeelllpp youyyooouu dodo 293-9213 293-9222 293-9731 + bbubusinessuusssiiinnneeesssss atta tththehhee sspspeedppeeeeeedd ooff fflflight.lliiiggghhtt.. [email protected] [email protected]@nopg.com [email protected]@nopg.com BBee smarter,ssmmmaaarrtteeerrr,, flyfflllyy charter!cchhhaaarrtteeerrr!! Coco Evans Judd Jaclynn Meith 293-92888 293-293-9229-9229 877-606-4448 (tollllot(8444-606-778 free))eerf [email protected]@nopg.com [email protected]@nopg.com "SUBWAY® is a registered trademark of Doctor’s Associates Inc. [email protected]@obfenilthgilf u ten.ht © 2012 Doctor’s Associates Inc." www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 13 E R U T C E T I H C R ARCHITECTURE A PHOTO BY FRANK AYMAMI

I C HCI H : N G I S E DESIGND | | E G A R A GARAGEG

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L A R E D E FEDERAL F A pair of real estate investment companies purchased the Astor Hotel in 2007 and spent $11 million on a renovation two years later. They hope to attracted at least $105 million when the property is auctioned on Aug. 22. compared with 200,000 at the Hyatt, 130,000 ability that makes the auction more attractive to at the Hilton Riverside and 80,000 at the a special servicer looking to unload a costly Marriott on Canal Street. property, Paulsen said. “With 700 rooms and only 32,000 square On the traditional market, a hotel could take feet of meeting space, you’re kind of fish nor foul months or more to sell and during that time the at that point so far as being a convention hotel,” holder of the loan has to pay the mortgage, Miestchovich said. “Then you’re only betting property taxes and other expenses. on the leisure and travel market. I thought they The Aug. 22 auction will not affect Dickie would have at least 100,000 square feet because Brennan s Bourbon House, which has been then you can do the mid-tier conventions.” located in the Astor since the hotel first WOODWARDDESIGNBUILD.COM Auction.com sells 70 percent of everything it opened in 2002. takes to market and achieves an average of 111 As part of the property s original development 800 650 6443 percent of the reserve price, Paulsen said. Once team, Brennan s business partner Steve Pettus the bid winner is selected, properties close 90 said he created a lease that protected the restau- percent of the time. When the down payment is rant in case the hotel was sold or went bankrupt. in hand, they close 98.6 percent of the time. The lease goes on for quite a few more Last year Auction.com took $5.7 billion decades and will be there long after I m gone, worth of products to auction. It’s that depend- Pettus said.• www.neworleanscitybusiness.com 14 New Orleans CityBusiness August 3-9, 2012 Typos torment efforts to revamp business park

The council isn’t scheduled to meet again ning a $22,000 market- Sen. Troy Brown, D- Legislative mistakes upend a until Thursday, three days after the ing campaign even as it Napoleonville, who tech- reorganization of its board and Louisiana Bond Commission’s deadline for is running a $42,805 nically controls the seats. applying to put the tax on the ballot. But the deficit through June. One of the board mem- a second try at a property tax commission is likely to accommodate the The amount of the bers he oversees, Jeffery board if it submits required documents deficit is nearly twice Thomas, resigned will- before its special meeting Aug. 27, said what had been antici- ingly, but the other, By Ben Myers Amber King, spokeswoman for the pated when the board Alicia Plummer, has Staff Writer Louisiana Treasury. crafted its budget at the challenged the action. [email protected] The board still needs to make its case for start of the year. The board obtained an supporting the tax to city voters, and it is plan- Board accountant opinion from the state RECENT BLOOPERS IN local and state leg- Michelle Diaz noted in State Sen. Troy Brown, left, of Napoleonville controls attorney general that islative branches are impeding efforts to sup- a meeting last week that two appointments on the New Orleans Regional Business affirms Brown’s power to port the New Orleans Regional Business Park. It was because we were an annual audit high- Park board, but he’s working with Sen. J.P. Morrell to remove Plummer. A bill aiming to transform the park into a “ lights the lack of ser- replace sitting members. Plummer said pub- community development district would have appointed by Cynthia Willard-Lewis. vices and offerings to lic officials, who she focused the board on public infrastructure Anybody who was with Cynthia businesses within the declined to identify, throughout eastern New Orleans, but its spon- 7,700-acre park for the second consecutive have told her the attorney general’s opinion is sor, state Sen. J.P. Morrell, was forced to seek definitely isn't a friend of theirs..” year. Businesses have frequently complained of “flawed” and considers her removal political. a veto when errors were discovered on the last shoddy infrastructure and sanitation in the park. “It was because we were appointed by day of the session. ALICIA PLUMMER “We need to identify some programmatic Cynthia Willard-Lewis,” Plummer said, refer- That bill also would have corrected a prob- NORBP board member activities,” Diaz said, “something outside of ring to the former District 2 senator who lem created when the reapportionment of leg- just having administrative costs.” Morrell defeated last fall when their districts islative districts put control of three of the Meanwhile, Morrell said he’s planning a merged. “Anybody who was with Cynthia board’s 12 seats in the hands of lawmakers new bill for next session to restructure the definitely isn’t a friend of theirs.” from Napoleonville and Baton Rouge. $22,000 organization in the mold of the Jefferson Parish Dwight Barnes was appointed by Cedric On July 12, the New Orleans City Council What the New Orleans Regional Business Park plans to Economic Development Commission, whose Richmond when he held the District 101 voted to hold a citywide referendum in spend on a marketing campaign to convince city voters members are appointed by regional business seat before being elected to Congress. State November on a tax on businesses within the to approve a property tax assessed on park tenants groups and parish politicians. JEDCO is an Rep. Edward James, D-Baton Rouge, con- park’s eastern New Orleans boundaries - or so independent branch of parish government that trols that board seat but hasn’t been pressed council members thought. It appears the $42,805 administers loans and incentives, runs an incu- to replace Barnes. council failed to adequately amend last year’s bator program and conducts business out- Morrell said he wants to involve younger resolution to present the tax to voters, who The board’s year-to-date deficit as of June 30 reach, among other activities. entrepreneurs on the board and has two indi- rejected it. The resolution pertained to taxes Source: New Orleans Regional Business Park Morrell has maneuvered to replace two park viduals in mind but declined identify them starting this year, not 2013 as intended. board members with the cooperation of state because he’s still gauging their interest.• www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 15 DiningOut PHOTO BY FRANK AYMAMI Area’s oldest Greek eatery relies on fresh, ample food By Tom Fitzmorris Restaurant Writer [email protected] Mr. Gyros $$ GREEK RESTAURANTS have always been a rarity here, despite the size and Greek longevity of the local Greek community. 3363 Severn Ave., Metairie Most Greeks eat Greek food at home 833-9228 where Yiayia cooks it better than any Lunch and dinner seven days a week restaurant would. Casual Greek restaurateurs are equally chal- www.mrgyros.org lenged by the recent increase in the num- Price ratings are what one person should expect ber of Lebanese and other Middle Eastern to spend on a meal. Each $ represents roughly $10. restaurants, whose cuisine is similar to that of the Greek places. That’s not a coincidence — all of it can be traced back Greece and the Middle East for centuries to the Ottoman Empire, which dominated and left many culinary practices behind.

Why it’s essential Top 10 essential dishes The restaurant is named for the Greek-American 1. Saganaki (flamed cheese) dish — pronounced “year-oh” — made of 2. Spanakopita (spinach pie) chopped lamb and beef, seasoned and pressed into 3. Fried calamari a cone. It’s mounted on a vertical rotisserie and 4. Greek salad sliced off to order. It comes as the focus of a plat- 5. Gyros sandwich ter, a sandwich on pita bread or as an accent to a 6. Roasted lamb shank Julio Garcia plates a combination appetizer in the kitchen at Mr. Gyros in Metairie. salad. All versions are dressed with a cold sauce 7. Moussaka (layered with baked ground beef, made of yogurt, cucumber and dill. eggplant and bechamel) Gyros have become a fast-food item in food courts, 8. Baked Greek chicken (half) with a wide quality range. They serve first-class gyros 9. Daily specials here, always a little crusty around the edges. 10. Rice pudding #"! !  "! !  

Why it’s good For best results Even though it’s the namesake dish, gyros are a minor The appetizers are all big enough for two people, Communication is at the Heart of player compared with the other food available. The and all the entrees are very large. An order of hum- menu includes most of the standard dishes in a mus or a side Greek salad will do for a first course, Every Successful Voter Referendum Greece taverna, all well prepared and amply — per- especially if you’re munching pita bread as you go. haps too amply — served. An all-appetizer meal is not a bad idea. Entrees that tend toward heaviness are handled with a lighter touch, and the freshness of the ingredi- ents is obvious. Room to improve Like many Greek restaurants, the menu includes a A good Greek skordalia sauce would sure be good few straight-ahead Italian dishes, which also are good. with the calamari. There’s not enough seafood on the menu. The desserts are good but not always as fresh as they could be. Back story Mr. Gyros is the oldest Greek restaurant in New Orleans. It first appeared in the late 1970s across the Factors other than food street from Tujague’s. It opened a second location in Up to three points, positive or negative. Absence of Metairie on Causeway Boulevard at West Esplanade, points denotes average performance. which persisted long after the French Quarter original closed. It thrived there under the ownership of George Dining environment +1 Attitude +1 Papapanagiotou until early 2012, when it moved a Consistency +2 Wine and bar few blocks away to its present spot. Service +1 Hipness We are Highly Skilled Value +1 Local color Communication Experts Surroundings Mr. Gyros’ new premises are in the back of a strip Special attributes mall, more off than on Severn Avenue. It’s a much Romantic; good for business meetings; open Sunday nicer place than the one it left. The dining room is and Monday for lunch and dinner; open all after- quiet and dimly lit, and Greek music plays at a low noon; vegetarian dishes; unusually large servings; We have Raised Over level. It’s a good place to escape prying eyes and ears. quick, good meal; good for children; easy, nearby The service staff is friendly and accommodating. parking; reservations accepted/ $90 Million for Our Hospital Clients

RESTAURANT RATING   "!" !          Restaurants are rated on a five-star scale. www.neworleanscitybusiness.com 16 New Orleans CityBusiness August 3-9, 2012

August 3-9, 2012 Volume 33, Number 5

Associate Publisher/Senior Vice President: Lisa Blossman [email protected] or 293-9226 Editor: Greg LaRose [email protected] or 293-9299

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Guest Perspective Adding color to white-collar world proves tough

SEVERAL RECENT PUBLICATIONS have highlighted the increasingly competitive world. Whatever position is consid- increasing importance of diversity in the workplace, with ered stronger, it is clear one factor remains critical: More tal- an emphasis on developing a stronger base of minorities in ented minority candidates in the nation’s high schools must white-collar professions. be encouraged and inspired to attend, complete and think Although balancing the corporate and legal landscape beyond college. has been trending as a popular topic of discussion, recent President Obama has challenged the nation and its edu- statistics demonstrate the challenges of meeting those goals. cators to increase the number of college graduates signifi- For example, although the number of law schools has cantly by 2020. Indeed, it is essential that the United States increased, the percentage of blacks and Hispanics entering re-establish its position as the world leader in education. It Online Buzz The most widely read stories from the their doors has trended downward since 1993. Craig A. Thompson is also important for us to think and act more intentionally Consequently, the percentage of minority attorneys at the about meeting the needs of an increasingly changing land- past week on the CityBusiness blog nation’s largest firms has held relatively steady or decreased scape and develop a strong core of professional talent that is at www.neworleanscitybusiness.com. over the past few years. Recent data have found that 13.6 More talented reflective of those changes. 1. Riverwalk Marketplace owners plan percent of lawyers at the nation’s largest firms in 2011 were Starting at the college level is too late. Our goal as a $70M outlet mall conversion minority lawyers compared with 13.9 percent in 2010. minority nation should be to build the expectations and aspirations These challenges also exist in the field of medicine. of the next generation of professionals as early as possible. 2. Byblos owner adds another property While one in eight Americans is identified as black, only candidates in Many studies have been published recently that docu- to Magazine portfolio one in 15 doctors is black. And although one in six our nation’s high ment the challenges that minority students face, not only 3. Sidney Torres buys Bahamas resort Americans is identified as Hispanic/Latino, only one in 20 when selecting a college, but also when making the decision schools must be 4. Hubig’s fire raises issue of business doctors is identified as such. to attend an institution of higher education at all. interruption insurance With a decrease in the number of minority doctors, Numerous non-academic issues, including what has some have argued there has been an alarming decrease in encouraged and become known as the soft bigotry of low expectations, has 5. New Orleans tourism rebound not the percentage of minority faculty and staff at our nation’s inspired to attend, impacted the experiences and expectations of far too many enough to keep one hotel afloat teaching hospitals and medical schools. Underrepresented of our students and potential professionals. Other factors, minorities make up about 7 percent of practicing physi- complete and think including family, friends/peers and neighborhood dynamics cians in the United States, but those populations are about beyond college. are also viewed as important to consider when discussing 28 percent of the U.S. population. the development of a balanced professional class that can With the rapid and complex demographic changes meet the needs of an increasingly competitive society. occurring throughout the country, it is becoming increasingly more The bottom line is always the bottom line, and our nation can meet Repeat Tweets important that medical faculty who are training the next generation of the challenges that it faces by becoming more sensitive to the diversity of Noteworthy comments from our physicians and those delivering health care reflect the diverse popula- experiences and exposure faced by many of the students in our schools. Twitter feed @City_Business. tions they will serve. While we dare to fix the problems associated with fewer students in pro- New retailers coming to Elmwood Shopping In business, our nation’s top business schools are experiencing a dip fessional schools, it is important that we step back and fully understand Plaza & Five Guys Burgers is among them! So in the number of applications submitted by minorities, with the percent- the reasons for those changes. excited! age of applications and admissions falling far short of the 28 percent of A more proactive attempt to develop and strengthen our high schools @KKAguillard the U.S. minority population. is a smart start. Future columns Conditions in New Orleans are perfect for the When the number of minority graduates from professional schools will highlight some examples of rise of the hybrid company or B Corp. A trend decreases or remains stagnant, the available pool of qualified minority pro- best practices and challenge our SHARE YOUR EXPERTISE takes root fessionals becomes limited. Many have argued that institutions of higher readers to become more Professionals interested in contributing a @hunterpierson learning, as nonprofit organizations, have a greater social responsibility to engaged in creating our future.• Guest Perspective column to CityBusiness increase the pool of potential qualified minority professionals. Bryan Hair. More handsome in person, or in should contact Editor Greg LaRose at print? You decide! Pick up a copy of Others take the position that for-profit institutions, which deal with big- Craig A. Thompson is a 293-9299 or [email protected]. @City_Business ger and stronger market-driven forces, should accept greater responsibility partner at Venable LLP. @RoulerNOLA to create the balanced work force necessary to meet the needs of an @City_Business is taking nominations for best places to work. I emailed the link to my employ- ees with the subject line “ahem” #subtlety Better Selling @CJMordock Relaxing is often easier said than done RELAX. three things I’ve recommended. You’ve heard that word since the first time you got angry or 5. Read something positive. Write down the most upset, or maybe it’s a word in your head that beacons reality. inspiring quotes, and create a mailing list of important people It’s easy to say, but hard to do. to share them with. Make sure you acknowledge the author. Here are six secrets for maintaining inner peace and ful- 6. Mentally go to all the positive places you’ve been. fillment in a world filled with distractions, diversions, and Those thoughts will lead you to stories and lessons. Write distortions: them down right away, then blog them. 1. Write down all the crap clogging your brain. Get Other things you can do to relax beyond writing to relax: Sand for the taking rid of your mental clutter. As soon as you write the details, Play with a kid. It’s an amazing elixir for relaxing and you no longer have to dwell on or remember them, and having fun. Go shopping for yourself. It makes you feel good Too busy for a vacation, but long for a beach? your mind is free to think. Try it. It’s amazing and mentally Jeffrey Gitomer to do things for you. Try Poland, where you can take home as relaxing. The bonus of an uncluttered mind is that ideas much Baltic Sea sand as you want for free. Make a list of 10 people from high school or college you Authorities say the pure, light sand in the and resolutions to your issues and challenges will begin to manifest want to reconnect with. Call them, don’t just Facebook them. These are town of Leba in the country’s north is up for themselves daily. people you knew in your responsibility-free days. grabs to everyone — from toddlers to con- 2. Write down your present situation. What’s going on in your life Take a walk someplace you’ve never been before. Look around as struction companies — after moving dunes right now? What’s the status of all things work, family, friends, life and you walk. Marvel at things. Take a few pictures. Write a few notes. Sit in the Slowinski National Park started to clog up the beach and local waterways. self? More amazing than unclogging, writing your present situation actu- down and soak it in. Leba tourism official Pawel Dabrowski ally creates answers to situations that have been bugging you. Oh, and it Book a weekend trip. Make a list of the places you’ll go and the said the sand is getting into a canal leading also helps relax you. things you’ll do. Often just the action of writing and planning the get- into the town’s picturesque port and con- 3. Write down your dreams, thoughts. Everyone has thoughts of away will change your mood and your thinking, and that can calm you. stantly needs to be dredged out at high cost. “One day I’ll...” or “Someday I’ll...” but those words are usually just spo- He says the sand is for free, except for an It’s likely you’ll need to make some personal changes if true relaxation administrative fee of 82 zloty for trucks, ken. Those thoughts are just pipedreams until they’re written down, for- is to permeate your life. Avoid negative events, negative things, negative which comes to about $24. malized and crystalized. Writing your dreams will help you see a more news and especially negative people.• clear and focused picture of them. — The Associated Press 4. Find a quiet park or a garden. Invest quality time with yourself Jeffrey Gitomer, author of “The Sales Bible,” can be reached at daily. This is the most relaxing of all outlets if you have done the first [email protected]. 18 New Orleans CityBusiness August 3-9, 2012 FOCUS Health Care Mind Over Matter Cancer patients learn to cope with their disease and the stress it brings through meditation

By Richard A Webster Staff Writer [email protected]

r. Adrian Cairns, a retired Covington physician, was diagnosed with prostate Dcancer 18 years ago. Cairns has been in remission for 17 years, but he said the thought of the disease is never far removed. “Once you’ve had cancer, every time some- thing shows up it’s, ‘Oh God, is the cancer back? Is this a new cancer?’ You’re never quite the same again as you were before you had it.” To help deal with feelings of unease and stress, Cairns enrolled in a meditation class at St. Tammany Parish Hospital’s Cancer Resource Center. Even though he came from a medical back- ground, Cairns said he did not hesitate when it came to incorporating holistic meditation into his therapeutic regimen. “Alternative treatments are immensely use- ful,” he said. “I tell people to do the medical things first and then you add all the alternative stuff you can get your hands on. Yoga helps, tai chi helps, meditation helps. You do whatev- er it is you can do to feel better.” The meditation program at St. Tammany Parish Hospital started five years ago but became so popular that classes, which had been held three times a year, are now weekly, said Chryl Corizzo, program director. “When you go through an illness like cancer, which can be life threatening, it

stat of the week Salary sample The most recent figures for segments of the health care industry with the highest levels of employment are from May 2011. Industry Employment Percent of industry employment Annual mean wage General medical and surgical hospitals 2.83 million 54 $67,320 Physician offices 973,370 41.52 $115,510 Nursing care facilities 416,290 24.94 $51,590 Health, personal care stores 340,630 34.41 $60,730 Home health care services 283,520 25.19 $62,340 Source: Bureau of Labor Statistics DIAGNOSTIC IMAGING CENTERS LIST . . . . Pages 21-22 www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 19

destroys your entire sense of normalcy and tage of the healing benefits of meditation and voice in your head that keeps talking all the ing MRI testing when patients are placed into a your psyche,” Corizzo said. “Your whole other treatments.” time,” he said. small tube and subjected to loud noises as their person, the one that was well, is no longer The biggest benefit to meditation is learn- That is one of the most useful effects of bodies are scanned. there and won’t be for the rest of your life. ing how to breathe properly, Corizzo said. meditation, said Ellen LaRocca, a licensed Despite the many benefits of meditation, So all of a sudden you look for ways to When people are stressed they take short massage therapist and lead instructor at St. some people are resistant because they think it improve your mental mindset.” breaths that cut down on the amount of oxy- Tammany Parish Hospital. involves religion, which couldn’t be further The meditation classes are held from 10 to gen their body takes in. Many cancer survivors think they can’t from the truth, LaRocca said. 11 a.m. every Thursday. They are free and “If you’re doing deep breathing, your brain is meditate because there are so “One thing we say is open to everyone, whether they are diagnosed better oxygenated so you don’t feel as fatigued,” many thoughts swirling that praying is talking to with cancer or another illness. she said. “It improves nausea and people sleep through their minds, a God, and mediation is The classes are also available to people in better because the more relaxed and oxygenated byproduct of their stress, fear listening. In prayer, remission, their caregivers and those providing you are, the better you will sleep. and insecurities. Does it work? your mind is activated support to cancer patients. Corizzo said that’s especially important “They think they just can’t In a controlled study of 90 cancer and it’s thinking about Being an STPH patient is not required, when going through radiation and chemother- quiet their heads down to sit patients who practiced meditation for what you’re asking for Corizzo said. apy because sleep is when the body heals itself. still and meditate,” LaRocca seven weeks, 31 percent had fewer and praying for,” she “We have a lot of patients in the commu- Meditation also helps to clear the mind, said. “But we teach people symptoms of stress and 65 percent had said. “And in mediation, nity who have lost their jobs and insurance, Cairns said. how to do that, so they can fewer episodes of mood disturbance you let go of all of that so and they’re traveling to the Charity system to “Everyone is on their own for 20 minutes quiet all of that down. than those who did not meditate you can formulate your get treatment,” she said. “They’re still wel- going into a deeper quieter space and staying Emotionally, it helps with Source: American Cancer Society answers.” come to attend our classes and take advan- there and listening, trying to calm that monkey acceptance and working out LaRocca said her work strategies for life so it isn’t so is very rewarding, to see chaotic and nerve wracking. Generally, when people achieve some peace during such a diffi- someone has cancer, their entire focus is on the cult process. But other times it can be difficult. I tell people to do the medical things first and then you add all the alternative fear factor, which is huge, and this helps settle “We had one lady who was coming in for “ their mind emotionally.” meditation. She was in the fourth stage of can- stuff you can get your hands on. Yoga helps, tai chi helps, meditation helps. LaRocca teaches people to focus on a par- cer and was not doing well. She came every You do whatever it is you can do to feel better. ticular part of their body that might be causing week with her oxygen tank. Unfortunately, she ” them distress or pain. Through a breathing passed away six months ago,” LaRocca said. technique, she shows them how to slow the “It’s always hard. I’ve seen people pass away, DR. ADRIAN CAIRNS nervous system and direct more oxygen to the I’ve seen people get better. I’ve seen them fall cancer survivor area, which can have a soothing affect. off the program. When you’re working with Meditation can also be used to combat feel- someone on this level, it’s always difficult to ings of anxiety and claustrophobia typical dur- lose them.”•

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FOCUS Imaging centers brace for ACA impact The Supreme Court’s decision to uphold the Patient Protection and Affordable Care Act will provide health care coverage to more Americans, but their access to diag- nostic services could be limited.

The concern is particularly acute in the specialty area involving diagnostic tools PHOTO BY FRANK AYMAMI such as magnetic resonance imaging and digital mammography. Michael Holmes, CEO of Diagnostic Imaging Services Inc., points to U.S. Food and Drug Administration figures that show there are 200 fewer mammography facilities than in 2007. In addition, outpatient imaging services such those offered at Holmes’ four local Doctor data DIS locations have endured cutbacks in federal reimbursement for radiology proce- dures. The Deficit Reduction Act of 2005 has led to $6 billion in reductions in the Active physicians in southern specialty area, according to the American College of Radiology. states per 100,000 residents: The breadth of Affordable Care Act makes it difficult to prepare for specific Mississippi 176 impacts, Holmes said, but he anticipates changes in planning and budgets for out- Arkansas 189 patient imaging services. DIS is considering a new business model with the bulk of Texas 205 the act’s changes due to take effect during 2014. “The ACA will encourage integrative services and will bundle payment Louisiana 232 Technician Donald Fisher performs an open MRI scan on a Alabama 258 schemes,” he said. — Aaren Gordon patient at Diagnostic Imaging Services in Metairie. Source: Association of American Medical Colleges

HEALTH CARE

LSU med school dean: Budget cuts will trim residencies at public hospitals The proposed $329 million budget cut to public hospitals and clinics in the Louisiana State University system could result in an increased number of medical students completing their residencies out of state, said Dr. Steve Nelson, dean of Louisiana State University's School of Medicine in New Orleans. “With all these conversations about cutbacks in the hospitals, students concerned about the quality of the hospital they train at could choose to go out of state,” Nelson said. “Once you lose them, only 30 percent will choose to come back.” Until this year, the school has touted the fact that nearly 60 percent of its graduates choose to continue practicing medicine in Louisiana. About 70 percent of new doctors choose to set up their practices within 70 to 100 miles of the hospital where they did their residencies, he said. Before Hurricane Katrina, a majority of students at the LSU School of Medicine would perform their residen- cies at either Charity Hospital or the former Hotel Dieu Hospital (now the Interim University Hospital), facilities with a combined 1,500 hospital beds. The number of beds at the Interim University Hospital has since dropped to 200, Nelsen said, forcing stu- dents to spread out to other facilities, including East Jefferson General Hospital, to receive their training. “Students benefited from being able to work alongside their peers without having to be displaced to differ- ent hospitals the area,” he said. Nelson hopes construction of the new University Medical Center, with 424 hospital beds, and the Veterans Affairs hospital, with 204 beds, in Mid-City, will provide incentives for future medical students to stay in New CITYBUSINESS FILE PHOTO Orleans for their residencies. Dr. Steve Nelson, dean of the LSU School of Medicine dean, says fewer medical school graduates will serve their residencies at — Maria Clark local hospitals because budget cuts at public hospitals will limit their training opportunities.

Uninsured info Figures published recently show nearly 766,000 Louisiana residents are uninsured, about 1.5 percent of the nationwide total.

Louisiana U.S. Individual policies 210,000 5 percent 14.9 million 5 percent Medicaid 827,000 19 percent 48.4 million 16 percent Medicare 559,000 13 percent 38.1 million 12 percent Uninsured 766,000 17 percent 49.9 million 16 percent Source: Kaiser Family Foundation www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 21 FOCUS Diagnostic imaging centers (listed alphabetically) Contact Name Radiologists on Telephone Address staff Fax Capabilities Affiliation Diagnostic Imaging Services - Marrero 10 Craig Mailhos MRI, CT, PET/CT, nuclear medicine, mammography, independent 925 Avenue C Operations Manager ultrasound, bone density studies, interventional studies, digital Marrero 70072 459-3200 fluoroscopy and digital X-ray 883-5394 Diagnostic Imaging Services Women's & 10 Scott Turke MRI, CT, PET/CT, nuclear medicine, interventional studies, independent Advanced Imaging Center - Metairie director of marketing and mammography, bone density studies, breast MRI, ultrasound, 4241 Veterans Blvd., Suite 100 community relations ultrasound guided breast biopsy, ultrasound guided cyst Metairie 70006 Lisa Richoux aspiration, digital X-ray, myelogram, enterography, urography, 3625 Houma Blvd. Operations Manager artrhrogram and hysterosalpingogram Metairie 70006 459-3222 3437 Prytania St. 883-5364 New Orleans 70115 925 Avenue C Metairie 70006 Diagnostic Imaging Services- New 10 Timothy Haley MRI, CT, mammography, ultrasound, bone density studies, independent Orleans Operations Manager interventional studies, digital fluoroscopy and digital X-ray 3437 Prytania St. 883-5353 New Orleans 70115 883-5374 Doctors Imaging 4 Shea Soll 3T MRI (ultra-high field), 3T no needle-no dye myelography, independent 4204 Teuton St. CEO open MRI, 64-Slice CT, 64 slice cardiac CT (calcium scoring Metairie 70006 883-8111 and coronary angiography), PET/CT fusion, ultrasound, digital 4605 Magazine St. 883-3555 x-ray New Orleans 70115

East Bank Imaging/West Bank Imaging 27 Karen Teague X-ray, MRI, CT scan, US independent 3434 Houma Blvd., Suite 100 office manager Metairie 70006 456-7900 4809 Wichers Drive 456-7999 Marrero 70072 East Jefferson General Hospital 12 Ricky Arbuckle bone density, ultrasound, digital mammography, digital X-ray, hospital 4200 Houma Blvd. radiology director dual energy X-ray, 1.5 and 3T MRI, low dose CT flash 256, 64 Metairie 70006 454-4000 slice CT, 16 slice CT, nuclear medicine, PETCT, radiation 454-4144 therapy East Jefferson Imaging Center 13 Jeff Edge Digital X-ray, 1T Open MRI, 64-slice CT scanner,CTA, East Jefferon General 3100 Clearview Parkway operations manager radiology Ultrasound, EKG, Lab Hospital Metairie 70006 885-4223 887-6620 Fairway Medical Surgical Hospital 3 Mary Englehardt CT scan, digital X-ray, ultrasound independent 67252 Industry Lane director of marketing and public Covington 70433 relations Karen Haile chief nursing officer 801-6259 801-3099 Lakeview Regional Medical Center 3 John Gerhold twin speed 1.5 Telsa MRI; digital X-ray; digital mammography; hospital 95 Judge Tanner Blvd. assistant administrator bone density; 64-slice CT scan; ultrasound; echocardiology; Covington 70433 (985) 867-3800 dual image nuclear medicine; digital cath lab x2, electro (985) 867-4449 physiology cath lab picture archiving communication system; speech recognition radiology software which allows for immediate reports Louisiana Imaging Center 9 Joey Griffin CT scan, X-ray and ultrasound independent 4525 West Bank Expressway, Suite A manager Marrero 70072 349-6570 349-6575 MD Imaging 7 Lisa Ruppert X-ray, PET scan, CT scan, PET/CT, MRI, digital Slidell Memorial 1495 Gause Blvd. office manager mammography, ultrasound, lab Hospital Slidell 70458 405-5200 405-5206 MRI of Louisiana 9 Joey Griffin MRI independent 4525 Westbank Expressway, Suite B manager and chief technologist Marrero 70072 349-6191 349-6195 MRI of Louisiana 9 Joey Griffin two open bore MRI units independent 1111 Medical Center Blvd., Suite N110, manager and chief technologist Marrero 349-6191 Marrero 70072 349-6195 North Oaks Diagnostic Center 8 Cullen Meyers diagnostic radiology (x-ray), CT scan, nuclear medicine, MRI, hospital 15837 Paul Vega MD Drive vice president of diagnostics PET/CT, ultrasound, digital mammography, bone Hammond 70403 (985) 230-7200 densitometry, phlebotomy (laboratory), sleep disorders center, (985) 230-7210 conference center for health education North Shore MRI 3 Lana C. Lapara MRI independent 19300 N. Fourth St., Suite B administrator Covington 70433 985-871-6655 985-871-5050 Industrial Medicine Specialists 0 Shannon Theresa Simpson X-ray independent 1849 Barataria Blvd., Suite B marketing director Marrero 70072 207-7555 207-7556 Ochsner Baptist Medical Center 34 Hollie P Fitzhenry all imaging, CT scan including 64 slice technology, MRI and Ochsner Medical 2820 Napoleon Ave. radiology manager MRAs including breast imaging, ultrasound, nuclear medicine, Center-West Bank, New Orleans 70115 894-2800 cardiac ultrasound, vascular ultrasound, stress testing and Ochsner Medical 894-2801 women's imaging area that includes screening mammography, Center-Kenner, diagnostic mammography, breast biopsies and DEXA. Ochsner main campus The above information was provided by the imaging centers themselves. Any additions or correction should be sent on company letterhead to Research, New Orleans CityBusiness, 3445 N. Causeway Blvd., Suite 901, Metairie, 70002. www.neworleanscitybusiness.com 22 New Orleans CityBusiness August 3-9, 2012 FOCUS Diagnostic imaging centers (listed alphabetically) Contact Name Radiologists on Telephone Address staff Fax Capabilities Affiliation Ochsner Health Center-Covington 7 Melissa O'Malley MRI, CT scan, nuclear medicine, PET/CT, digital Ochsner Medical 1000 Ochsner Blvd. radiology manager mammography, breast MRI, bone density, X-ray, ultrasound Center-North Shore, Covington 70433 (985) 875-2848 Ochsner Health NA Center-Slidell, Ochsner Health Center-Hammond Ochsner Medical Center-Jefferson 32 Merikay Long diagnostic imaging, ultrasound, mammography, X-ray, MRI, hospital Highway Campus radiology manager CT scan, nuclear medicine, PET, interventional radiography 1514 Jefferson Highway Kelly Mitchell New Orleans 70121 842-9131 842-3588 Ochsner Medical Center-Kenner 9 Nancy Uzee St. Germain diagnostic imaging, CT scan, MRI, digital mammography, Ochsner Health 180 W. Esplanade Ave. senior physician liaison, business ultrasound, X-ray, bone densitometry, nuclear medicine, System Kenner 70065 development physical therapy, occupational therapy, speech therapy, EKG/ Kelly Mitchell echo/stress tests, pulmonary function testing, laboratory 842-9131 testing 842-3588 Ochsner Medical Center-North Shore 7 Melissa O'Malley ultrasound, mammography, X-ray, MRI, CT scan, nuclear hospital 100 Medical Center Drive radiology manager medicine, interventional radiology, bone density Slidell 70461 Kelly Mitchell 842-9131 842-3588 Ochsner Medical Center-West Bank 20 Charmion Cosse' MRI, CT, ultrasound, ditigal mammography, stereotactic Ochsner Health 2500 Belle Chasse Highway 391-5177 biopsy, bone density scans nuclear medicine, diagnostic System Gretna 70056 207-1227 radiological (X-Ray), vascular studies, interventional radiology Premier MRI 4U (Fairway Imaging) 3 Marie Hammons MRI WND 7015 S. Highway 190 Service Road, Suite administrator 100 809-6744 Covington 70433 809-6745 ProScan Imaging Eastbank/Westbank 27 Karen Teague MRI, CT, X-ray, Ultrasound independent 3434 Houma Blvd., Suite 100 office manager/technician Metairie 70006 456-7900 / 227-2282 4809 Wichers Drive 456-7999 / 227-2252 Marrero 70072 Ray Tech of New Orleans 3 Chris Battaglia Mobile digital X-rays Preferred Providers for 2708 Athania Parkway president Peoples Health, Metairie 70002 888-8748 Humana, Office of 888-6474 Group Benefits, Medicare and Louisiana Medicaid Slidell Memorial Hospital 7 Noel Peyton Ultrasound, X-ray with Special Procedures, Magnetic Hospital 1001 Gause Blvd. director of inpatient medical Resonance Imaging, CT Scan (16 and 64 slice CT), Nuclear Slidell 70458 imaging Medicine, Interventional Mammography with Stereotactic JoAnn Forsyth Breast Biopsy director of SMH Regional Cancer Center and director of MD Imaging (985) 643-2200 (985) 649-8778 St. Tammany Parish Hospital 21 Luis Marquez diagnostic X-ray and flouro, interventional, cardiac CTA, St. Tammany Parish 1202 S. Tyler St. Luis Marquez biopsies, nuclear medicine, ultrasound, CT, breast MRI and Hospital Covington 70433 head of imaging and MRI cardiovascular servicess (985) 898-4000 (985) 898-4394 St. Tammany Parish Hospital Cordes 21 Melonie Lagalante diagnostic X-ray and flouro, digital screening mammography, St. Tammany Parish Pavilion outpatient pavilion director bone density screening, ultrasound, 64-slice CT with cardiac Hospital 16300 Highway 1085 871-5665 scan, calcium scoring, open-bore MRI Covington 70433 898-3749 St. Tammany Parish Hospital Women's 21 Pam Ballard diagnostic and screening digital mammography, ultrasound, St. Tammany Parish Pavilion manager breast MRI, bone density scanning, biopsy, ultrasound-guided Hospital 301 N. Highway 190, Suite C-2 773-1500 and fine needle aspiration; needle localization and sentinel Covington 70433 773-1513 node injection Touro Infirmary/Touro Imaging Center 19 Ray Burger 3TMRI, PET/CT fusion, 64-slice CT, MRA, CTA, digital X-ray, hospital 2929 Napoleon Ave. director fluoroscopy, full-field digital mammography (screening and New Orleans 70115 897-8600 diagnostic), breast MRI, stereotactic and image-guided breast 897-8756 biopsies and aspirations, obstetric and gynecologic ultrasound, Dexa bone densitometry, surgical needle localization, ultrasonic cyst aspirations, all digital images Tulane Medical Center 10 Sherry Pinero 2 CT scanners including a 64-slice CT, nuclear medicine, hospital 1415 Tulane Ave., HC 25 988-5800 digital mammography, 3-D mammography, DEXA (bone New Orleans 70112 NA density), 1.5T MRI, angioplasty, vascular ultrasound, PET-CT, X-ray Tulane-Lakeside Hospital 2 Sherry Pinero 8-slice CT, digital mammography, Dexa (bone density), 3D hospital 4700 I-10 Service Road 988-5800 ultrasound, X-ray Metairie 70001 780-1684 West Jefferson Imaging Center 7 Debra H. Giroir MRI, X-ray hospital 1111 Medical Center Blvd., Suite N108 radiology coordinator Marrero 70072 Barry L. Corb Radiology Director 349-1450 349-1470 West Jefferson Women's Imaging and 7 Debra H. Giroir screening and diagnostic mammography, breast ultrasound, hospital Breast Care Center radiology coordinator bone density 4521 Westbank Expressway 349-6085 Marrero 70072 349-1959 The above information was provided by the imaging centers themselves. Any additions or correction should be sent on company letterhead to Research, New Orleans CityBusiness, 3445 N. Causeway Blvd., Suite 901, Metairie, 70002. www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 23

C ITYB USINESS AROUNDTOWN PEOPLE

Awards director at Aug. 9 ORLEANS PARISH Dr. Vivian Slidell The Plaquemines Parish Economic TOP COMMERCIAL PERMITS Fonseca, Memorial Development Department will hold a busi- $5.1 million, 401 N. Carrolton Ave. professor of Hospital ness breakfast with Parish President Billy $2.7 million, 2381 St. Claude Ave. medicine at Foundation. Nungesser at 7 a.m. at Cypress Cove Marina, $1.5 million, 2 Poydras St., Crescent City Market Place Tulane Carolyn 235 Cypress Cove Road, Venice. RSVP to $1.1 million, 9900 Lake Forest Blvd. University Chassee has [email protected]. $950,000, 4133 Banks St., Nano Turchi Vivian Fonseca William Laurie Panzeca Carolyn $800,000, 621 St. Louis St. School of Chauvin been named Chassee $437,000, 823 Jewel St., John Ryan Medicine, president and The New Orleans Chamber of Commerce’s $379,000, 6767 Avenue A, William C. Douglas has received the 2012 Banting Medal for CEO of The Foundation, the philanthropic Green Committee will hold a seminar on $315,000, 6823 St. Charles Ave., Tulane University Leadership and Service honoring his service arm of East Jefferson General Hospital. Introducing the Benefit Corporation: A step- $220,000, 6010 Vicksburg St., Brandon Bonnaffons as president of medicine and science of the by-step primer on becoming a benefit corpora- TOP RESIDENTIAL PERMITS American Diabetes Association. Law tion in Louisiana with keynote speaker David $312,000, 6753 Gen. Haig St., Lance Achord K. Todd Wallace has been elected presi- Socrates C. Rieveschl from noon to 1 p.m. at the $250,000, 6896 Milne Blvd. dent of the board of directors of Via Link. Toras was Chamber office building, 1515 Poydras St. $199,000, 344 40th St. $169,000, 5636 Cherlyn Drive The Society of Louisiana Certified Public recently Admission is $10 for members and $20 for $160,000, 826 Harrison Ave. Accountants honored William Chauvin promoted nonmembers. For more information visit $160,000, 3020 Mandeville St., Dickie Goulet with the Outstanding CPA in Business and to chief www.neworleanschamber.org. $160,000, 4509 Ray Ave., Dickie Goulet Industry Award financial $160,000, 1946 Law St. officer of Zach Jones Mary Norman Aug. 10 $160,000, 3728 Gen. Pershing St., Frank White $150,000, 4200 St. Charles Ave., Michael Eddins Advertising Couch, Conville & Blitt. The Jefferson Chamber of Commerce will host and Media Baldwin Haspel Burke & Mayer has a Business and Breakfast meeting from 7:50- Kellie announced that Zach Jones has joined the 9:30 a.m. at the Holiday Inn Metairie, 2261 N. Construction permits year-to-date Mathas has firm as an associate. Causeway Blvd., Metairie. Admission is $10 The following is a breakdown of commercial and residential joined Judge Mary “KK” Norman has for chamber members and $20 for nonmem- construction permits for parishes in the New Orleans area, Signature announced her retirement from the Second bers. For more information call 835-3880 or with a focus on commercial projects valued at more than $100,000 and residential projects more than $50,000. The Events as City Court effective at the end of her current visit www.jeffersonchamber.org. data is for the week prior to July 19. an event Kellie Mathas Lauren Wilson term in December. Commercial permits designer. Aug. 15 Parish Value Units Average Spears Consulting Group has announced Nonprofit The New Orleans Chamber of Commerce Jefferson $93.2 million 150 $621,333 the hiring of Shamier Bouie as a public rela- The Archdiocese of New Orleans has appoint- will host a premier networking event from Orleans $399.3 million 269 $1.48 million ed J. Steven St. Bernard $42.71 million 7 $6.1 million tions account manager. 5:30-7:30 p.m. at the country Inn and St. Tammany $59.35 million 64 $927,344 Zehnder Communications Covington Suites, 315 Magazine St. Admission is free has hired Lauren Schug as executive for chamber members and $10 for nonmem- Residential permits Parish Value Units Average Wilson as senior director of bers. For more information visit Jefferson $28.11 million 139 $202,230 account executive. the Catholic www.neworleanschamber.org. Orleans $259.43 million 1,508 $172,036 Brendan McCarthy Foundation St. Bernard $916,000 9 $101,778 St. John $2.8 million 15 $186,667 and David Hammer have and Peter The West St. Tammany Chamber of St. Tammany $79.64 million 457 $174,267 joined WWL-TV’s Quirk as Commerce will host its Northshore Rising Brendan Steven Peter Quirk Source: Treen Report investigative unit. McCarthy executive Covington Professionals Luncheon from 11:30 a.m. to 1 director of the p.m. at the University of Phoenix, 101 Construction Office of Stewardship and Development. Ochsner Blvd., Suite 1000, Covington. For Construction permits weekly F. H. Myers Construction Corp. has pro- more information call (985) 273-3008 The following is a breakdown of commercial and residential moted construction permits for parishes in the New Orleans area, Rachelle Aug. 16 with a focus on commercial projects valued at more than Albright to The Jefferson Chamber of Commerce’s $100,000 and residential projects more than $50,000. The data is for the week prior to July 19. CEO and Membership Committee will hold a meeting Ryan from 11:30 a.m. to 12:30 p.m. at Atmos Energy, Commercial permits Parish Value Units Average Myers to 101 Airline Drive, Metairie. For more informa- Jefferson $500,000 2 $250,000 president tion contact Lawrence Frischhertz at 835-3880. Beth Cristina Nancy Kathy DeLatte Orleans $14.2 million 15 $946,667 of precon- Rachelle Ryan Myers Harmann Residential permits struction Albright Aug. 22 Parish Value Units Average service. Real Estate The East St. Tammany Chamber of Jefferson $381,000 3 $127,000 Beth Cristina of Stirling Properties has been Commerce’s Emerging Young Orleans $7.8 million 64 $1221,875 Education elected secretary and treasurer of Louisiana Professionals will hold its quarterly Source: Treen Report Start the Adventure in Reading has named Realtors Association for 2013. Luncheon from 11:30 a.m. to 1 p.m. at Tina Brockmann president, Lauren Schug Gardner Realtors has named Nancy Italian Pie, 1319 Gause Blvd., Slidell. The Send us your people news Wilson secretary and Harrison Frampton Harmann director of relocation and guest speaker will be Rep. Greg Cromer. treasurer of its board. Jonnie Honse, Corey Corporate Services. CityBusiness welcomes submissions for the Thomas and Lori Wynne were elected as Kathy DeLatte, sales manager of the “People,” “FYI” and “Calendar” sections. To be considered for inclusion in a coming issue, new board members Gardner Realtors Folsom office, has been PERMITS information must be received in the CityBusiness appointed the additional role of sales manag- editorial office 10 days prior to the anticipated er for the Hammond office. The following are the top residential and commercial permits awarded for parishes in the New Orleans area in the week prior publication date. Submissions, including to July 19. Commercial permits valued at $100,000 and more photographs, are published subject to space and residential permits valued at $50,000 and more are listed. availability. Photos submitted by email should CALENDAR be a head shot in jpeg format, with measurements JEFFERSON PARISH of 3x3 and 200 DPI. The return of photos cannot Aug. 3 TOP COMMERCIAL PERMITS be guaranteed. Please direct all submissions The Louisiana State Bar Association will to Around Town, CityBusiness, 111 Veterans Tina Jonnie Honse Corey Thomas $250,000, 53 W. 23rd St., Kenner Brockmann hold the seminar “Discovery: Getting the evi- $250,000, 1107 Veterans Memorial Blvd., Metairie Memorial Blvd., Suite 1440, Metairie, LA 70005. dence that wins cases” from 8 a.m. to 4:15 Submissions may be emailed to: p.m. at the New Orleans Marriott Hotel, 555 TOP RESIDENTIAL PERMITS Duncan Brown at [email protected]. Health Care $205,000, 3720 Bixler St., Metairie, Paul Lulli Canal St. Registration is $320. For more infor- $107,000, 5131 Grace Drive, Barataria All photo attachments and submissions must Laurie Panzeca has been named executive mation, call 619-0137 or go to www.lsba.org. $69,000, 2020 Delaware Ave., Kenner, Wai Meng Ku include the subject’s name. www.neworleanscitybusiness.com 24 New Orleans CityBusiness August 3-9, 2012 FIND US A HOME

Havana is a terrier mix who loves being close to people and being petted. He’s walks on a leash and is young, so he will need lots of activity. Havana accepts his treats politely and tested negative for heartworms. Lilly is a charming, young, gray tabby and white cat. She'll make a lovely addition to the family. Meet these pets and more at the Eastbank Jefferson Parish Animal Shelter, 1 Humane Way, Harahan. Adoption hours are 9 a.m. to 5:30 p.m. Monday, Tuesday, Wednesday and Friday, 9 a.m. to 7 p.m. Thursday and 10 a.m. to 3:30 p.m. Saturday. Visit www.jpas.petfinder.com or call 736-6111 for more information.

Beaux is an 8-month-old neutered Lab/Shih Tzu mix. He and his sister, Bella, were surren- dered because of their family’s lack of time. They hope they can go home together! Fergie is a 4-year-old, spayed, domestic shorthaired who is mostly white with grey tabby mark- ings. Fergie adores being petted, cuddled, brushed — any attention is just fine. To meet these and other wonderful pets at the Louisiana SPCA, 1700 Mardi Gras Blvd., Algiers. Shelter hours are 10 a.m. to 4 p.m. Monday through Saturday and noon to 4 p.m. Sunday. Visit www.la-spca.org or call 368-5191 for more information.

87654325 Four waayys to submit a nomination form (1) Submit electronicaallllyy at wwwww.neworleanscityybbusiness.com 1006/ (2) Email it to [email protected]      .-,4+*4*)( (3) Mail it to Women of the Year, CityBusiness, '4&%$*4#)"4$,!4 %-+$,-- '4,$& $,4,+-*+$4 * 3445 N. Causewaayy Blvd., Suite 901, Metairie, LA 70002 '4-%,,$*4) 4-, "& '4" +-,4#%$- (4) Fax it to Women of the Year at (504) 832-3534  $4%&4)", 0540

3)4)","4)%"45,*")$+4,"-+)$4)#4*&,   41)) 4)#48+-*- )$* *4 $4,+*&  4 4'4 $,+*&$)) www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 39

PUBLISHER’SILBUP NOTICE: All real estate advertised herein is subject to thehtottcejbussinierehdesitrevdaetatselaerllA:ECITONS’REHS Federal Fair Housing Ace and the Louisiana Open Housing Act,AgnisuoHnepOanaisiuoLehtdnaecAgnisuoHriaFlaredeFeh which make it illegal to advertise any preference, limitation, oro,noitatimil,ecnereferpynaesitrevdaotlagellitiekamhcihw,tc discrimination because of race, color, religion,,noigiler,roloc,ecarfoesuacebnoitanimircsidro sex, handicap,ah,xes familial status, or national origin, or intention to make anyaekamotnoitnetniro,nigirolanoitanro,sutatslailimaf,pacidna such preference, limitation, or discrimination. We will not ktonlliweW.noitanimircsidro,noitatimil,ecnereferphcusyna knowinglyn accept any advertising for real estate which is in violationaloivnisihcihwetatselaerrofgnisitrevdaynatpeccaylgniwon t of the law. For more information, call thehtllac,noitamrofnieromroF.walehtfonoi e LouisianasiuoL i Attorney General’slareneGyenrottAana ’’ss Office at 1-800-273-5718.8175-372-008-1taeciffO . L ThehT Loan &&naoLeh MortgageagtroM& PrestigetserPega PreviewiverPegi ew RatesaR ttee ss subjectuuss bbjjjee tc ttoo cchchangehanngggee ddadailyaiilllyy - ttoo ffifindiinnd outtuo wwhwhath ta tththehe cchchangeshanngge as arerree ccacallallll yyourruoy ““L“Lender.”L neneLruoy ddeerr..”

LendersLenders FixeddexiF ConformC mrofno 33-5--5-7 YearY ae r FHFHAA CommentsstnemmoC & OtherO ProgramsmargorPreht sm PhoneenohP NumbersN srebmu s 3030 YearY rae 1155--rYearYea ARMARM ContacttcatnoC PersonP nosre O COASTALLATSAOC MORTGAGEM TRO EGAGT 3.625%3.625%6 3.125%125%3. JumboobmuJ 3300 yyr..r 3.50%50%3. • PleaseesaelP• vvisittisi oour website::etisbewru E.W.E.W. KKinggni pts.stp .s 0 pts..stp 0 pts..stp 0 pts..stp 0 www.CMCNewOrleans.comwww moc.snaelrOweNCMC. (504)(-6)405 886666 -56256266 LIPPPIL 3300 LIPPIL 3300 LIPPIL 3300 LIPPIL 3300 • AvailableelbaliavA• forf ro appointmentsa stnemtniopp Saturday &&yadrutaSs SundayS yadnu FAXF-XA ((504))405 886666 -11966 APRPA RP 33.714%.7 %41 A%APRRP 33.201.2 10 % APRRPA 44.375%.3 %57 APRRPA 44.296%.2 %69 • A l locallaco lenderl with over 277e72revohtiwredne yyears experrepxesrae ieiencecn • CoastalCoas lat MMortgage isiegagtro s licensedlice sn ed inni LAL & MSSM&A • UUnderwater??retawredn CallC lla usus abouta tuob HARPH 2.00.2PRA ••- PreP er -approveddevorppa ssamema e dayday A COASTLANDDNALTSAOC FEDERALFEFDNALTSAOC E LAREDE CREDITC TIDER UNIONU NOINUTIDERCLAREDE NOIN 3.375%3.375%33 3 22.750%750%2. 750% JaJumboobmuJ 3030 yr.yry03obmu .r CoConventionalnoitnevn awanoitnevn l • AdditionallanoitiddA• ratesr seta availablea elbaliavasetarlanoitiddA• elbaliav with aahtiw non closinggnisolconahtiw gnisolco MortgagegtroM age DepartmentD rape tnemtr pts.stp .s 11.0.0 pts..stp 11.0.0 3.875%875%3. FiFixedxed costsstsoc option!o !noitp (504)(-0)405 883443 -27827800 LIPPPIL 4455 LIPPIL 4455 pts..stp 1 3.500%500%3. • PleaseelP• as visitvie tis oourru wwebsiteetisbe aatt FAXF-6XA ((504))405 888998 -6892 APRPA RP 33.587%.5 %78 APR 2.955%2.9 55 % LIPPIL 3030 pts..stp 0 www.coastlandfcu.comw.ww moc.ucfdnaltsaoc APRRPA 3.980%3.9 %08 LIPPIL 4545 APRRPA 3.538%3.5 %83 FBTTBF MORTGAGE,M EGAGTRO ,E LLCL CL CallasaC ll forf RatessetaRro CallllaC forf RatesetaRro CallCella forf RatessetaRro CallllaC forf RatestaRro s• • A subsidiarys yraidisbu ooff FFirsttsri BBankna k anddna TTrusttsur N KevinniveK KeatingK gnitae • wwww.fbtonline.comenilnotbf.ww .c mo (504)(540 ) 586 586--2622625 5 • CConventional,,lanoitnevno FFHA,AH , Rural DlaruR Development,,tnempoleveD VVA anddnaA FAXF-9XA ((504))405 339339 -9916 JumboobmuJ loansl snao GREATERRETAERG NEWN WE ORLEANSOLSNAELR FEDERALERFED A 3.500%3.500%5 2.875%875%2. N/AN/A N/AAN/ • NNoo uupfronttnorfp ffeesee s CREDITTIDERC UNIONU NOIN NOINUTIDERC pts.stp .s 0.s 0 pts..stp 0.stp 0 •f• AfApplyylpp oonline @@enilnoylppA @eniln www.gnofcu.comww .w g ong.w on cnmoc.u & o originationoitanigir oitanigiro& TerryTeyrr FFallonolla n LIPPPIL 3030 LIPPIL 3300 feesseef willw beeblli waived.w .devia & (504)(-5)405 445995 -81581555 APRPA RP 3.508%3.5 %80 APRRPA 22.890%.8 %09 • FFederally insuredderusniyllarede byb the Nehty Nationallanoita CreditC UnionnoinUtider FAXF-XA ((504))405 445995 -88159 AdministrationnoitartsinimdA ((NCUA)..)AUCN [email protected] .ucfong@nolla moc MILLER HOMEEMOHRELLIM MORTGAGE,,EGAGTROM LLLCCL 3.25%3.25%2 2.75%75%2. 55- yryr- 22.5%.5 % 3.25%25%3. WithhtiW 1199 yyears experience youoyecneirepxesrae willlliwu aalways speakkaepssyawl RossoR L.Lss . MillerlliM er pts.stp .s 0 pts..stp 0 pts..stp 0 ptsstp 0 with annahtiw eexperienceddecneirepx pprofessionalissefor loannaollanoi officer.o reciff . WeeW (888)(-6)888 227777 -03003066 LIPPPIL 3030 LIPPIL 3300 LIPPIL 3030 LIPPIL 3300 offerreffo cconventional,,lanoitnevno FHA,F ,AH VAV andaA RurallaruRdna (504)(-2)405 445555 -70070022 APRPA RP 3.5233.5 32 APRRPA 33.127%.1 %72 CAPSCAPS-- 1st 5 APRRPA 44.102%.1 %20 DevelopmenttnempoleveD loans.l ManynaM.snao y ofof ouro ru loansl snao closecl withhtiweso M FAXF-XA ((504))405 445555 -33722 Annual.launnA . 2 elelectronect nor icci signaturess andnaserutangi d youyo can close attaesolcnacu youry ruo LifeefiL 5 locationnoitacol oro ourssruor oon refinances.ecnanifern se . WeeW aareer llicensed innidesneci APRRPA 2.775%2.7 %57 LAAL & TX.XT . www.millerhomemortgage.comwww.millerhomemortgage.cegagtromemohrellimw comom PREMIERPREMIER LENDINGLENDING 3.250%3.2250% 2.750%2.750% JumboJumbo 3030 yearyear 3.250%3.250% • A llocalocal lenderlender withwith overover 1515 yearsyears ofof service.service. JamesJames TTalbotalbot pts.pts. 1 pts.pts. 0 4.000%4.000% pts.pts. 0 • GGetet tthehe sstraighttraight talktalk thatthat youyou deserve.deserve. (504)(504) 888888-41044104 LIPLIP 3030 LIPLIP 3030 pts.pts. 1 LIPLIP 3030 • www.PremierLending.orgwww.PremierLending.org O FAXFAX ((504)504) 888888-41094 APRAPR 3.425%3.425% APRAPR 2.808%2.808% LIPLIP 3030 APRAPR 4.146%4.146% APRAPR 4.008%4.008%

STERLINGSTERLING FINANCIALFINANCIAL SERVICES,SERVICES, LLCLLC 3.875%3.8875% 3.25%3.25% 5 yryr- 33.00%.00% 3.75%3.75% • AvailableAvailable SatSat & SSun.un. MichaelMichael MM.. SSchenckchenck pts.pts. 0 pts.pts. 0 pts.pts. 0 pts.pts. 0 • ReverseReverse MortgageMortgage AvailableAvailable (504)(504) 888989-07370737 LIPLIP 4545 LIPLIP 4545 LIPLIP 4545 LIPLIP 4545 • AAccurateccurate RRatesates & Feesees quotedquoted FAXFAX ((504)504) 888989-07390 APRAPR 4.012%4.012% APRAPR 3.313%3.313% CAPS- 1st 5 APRAPR 4.012%4.012% • PrePre-approvalapproval samesame day!day! R Annual.Annual. 2 • NNoo uupp ffrontront fees!fees! LifeLifeefiL 5 APRRPA 2.866%2.8 %66 WHITNEYYENTIHW BBANKKNA K 3.375%3.375%3 2.75%75%2. 3.25%25%3. • 330 year anddnaraey0 1155 yyearrae cconventionalevno nelanoit ratessetar includei dulcn YvonneennovY MarinovicM vonira civ pts.stp .s .125.1 52 pts..stp .25.25 pts..stp 0 1%%1 origination.o .noitanigir (504)(-0)405 883883 -63063000 LIPPPIL 3300 LIPPIL 3300 LIPPIL 3300 ••O GovernmentG mnrevo en rateetart DOESSEOD NNOTOnT iinclude aedulcn an T FAXF-6XA ((504))405 884994 -6736 APRPA RP 33.62%.6 %2 APRRPA 33.1717%.1 %717 APRRPA 3.937%3.9 %73 origination.ori nagi it on. AttentionA AllAnoitnettA llA Loan &naoL & MortgageegagtroM& CompaniesnapmoCe sein G IffI youryyoo companynapmocru ny is interested in participatingrapnidetseretnisi ti apic ti orrogn to answernaotr ssww anyare nnyy questionsseuq ttii sno youyyoo maymu aayy have,haavvvee please contacttcatnocesaelp tcatnocesaelp, JACLYNJJAACLLYYYNN MEITHHTIEMN [email protected] y [email protected] • (504)05(•moc.gp 293-92299229-392)40 • (• (FAX)FFAAAXX 832-3534238) 4353- A

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Rates listedsilsetaR in the above advertisementstnemesitrevdaevobaehtnidets are based on a credit score ofoerocstidercanodesaberast 740, and a loan of $200,000, withw,000,002$fonaoladna,047fo a loan to value of 80% forrof%08foeulavotnaolahtiw conventionaltnevnoc financing and 96.5% for FHAFrof%5.69dnagnicnaniflanoit financing. Jumbo loans are basedberasnaolobmuJ.gnicnanifAH on credit score of 780 andna087foerocstidercnodesab loan amount of $500,000, withhtiw,000,005$fotnuomanaold a loan tootnaolah value offoeulav 70%. The APR may increase afteraesaercniyamRPAehT.%07f consummation and may vary.ravyamdnanoitammusnocretfa CityBusiness does not guaranteearaugtonseodssenisuBytiC.yr the accuracy of the informaamrofniehtfoycaruccaehteetn tionnoita appearingniraeppa above. All information aboveevobanoitamrofnillA.evobagn is subject to change without notice.ontuohtiwegnahcottcejbussi The above advertisers all paypllasresitrevdaevobaehT.ecit a fee to be listed in this tableelbatsihtnidetsileboteefayap anddnae E providedivorp e sample rates based on the givenevigehtnodesabsetarelpmas scenario described here..erehdebircsedoiranecsne www.neworleanscitybusiness.com 40 New Orleans CityBusiness August 3-9, 2012 COMMERCIAL PROPERTY GUIDE

METAIRIEEM TTAA EIRI NEW ORLEANSSNAELROWEN NORTH SHOREOHSHTRON ERO ToTo PlaceecalP YourYYoo ru Ad in theehtnidA TOWER REALTYAERREWOT LLTTY PRIMEEMIRP SelectS PropertiesseitreporPtcele , Ltd..dtL Retail-CommercialRe laicremmoC-liat forffoo LeaseesaeLr e 3421 N. Causeway Blvd..dvlByawesuaC.N1243 50155 Bloomield SlemiBloo015 Streetetetrd t COMMERCIALAICREMMOC LA 504-828-97000079-828-405 OFFICE SPACEECAPSECIFFO 1151 N. Causeway Blvd. Borders Retail CenterretneCliateRsredroB REGIONS BANK TOWERREWOTKNABSNOIGER 110 Veterans BoulevarddraveluoBsnareteV011 17,50017,500 +/‐ sq.s+/‐ ft.. of ofice/showroomofiftq. w/wmoowroce/sh w/warehouse;ouehar use; Mandeville, La. • 985-626-56956-589•.aL,ellivednaM 5965-626 (at((aat tththeh 17th71e tthh SSt.tt.. Canal)anaC ll)) 33131 Veterans Highway, Met..teM,yawhgiHsnareteV1313 PROPERTYYTREPORP 3525 N. Causeway Blvd..dvlByawesuaC.N5253 AAvailable: 5,200 sq. ft. (22(.tf.qs002,5:elbaliavA nddn flr.)).rlf 16,500 sq. ft.fftt ofo. ofice/showroomoowr/shoficeof m and 1,000 sq. ftft. wt warehouse;;ouseehar. ExcellenttnellecxE CornerrenroC LocationnoitacoL anddna OFFICE / RETAILLIATER/ECIFFO 2400 Veterans BoulevarddraveluoBsnareteV0042 Varying sizes and pricessecirpdnasezisgniyraV Minutes to Airport anddnatropriAotsetuniM RiversideiR Office BuildingsnidliuBeciffOedisrev g I & IIII&Is • Dock HighH• hHig loading in rearrniloading ear Joe Carroll 504-782-52000025-287-405llorraCeoJ GUIDEEDIUG Downtown NOLAALONnwotnwoD (between((bb neewte WWiWilliamsilllliiaa & Power)ewoP&sm rr)) 666066 & 6620 Riverside Dr., Met..teM,.rDedisreviR0266&066 • 18’ clearcl• ee18’ heightthgeihar 1,000 – 6,000 SF AvailablelbliAFS00060001 elbaliavAFS000,6–000,1 Available up to 7,200 sq.ft..tf.qs002,7otpuelbaliavA • SprinkleredS irp nkkiS dlk derelk TUSCANY WEST ESTATESSETATSETSEWYNACSUT S New Sub North of I-12fohtroNbuSweN 21-I CallllaC A Full ServiceeSlluFA rrvv Bank and SandwichciwdnaSdnaknaBeci h LARGE & SMALLLLAMS&EGRAL • Just OffOustJ• ff ClearviewClearvi ParkwayakwarPew y CausewayawesuaC y HighriseiH g esirh Lots & Garden Home Lots,stoLemoHnedraG&stoL ,s Shop onsiteetisnopohS OFFICES AVAILABLEELBALIAVASECIFFO adjacentadjace to CompassCotnt ass FurnitureFmpo eurnitur Pool, Cabana, Walking TrailsarTgniklaW,anabaC,looP slia 34213 N. Causeway Blvd., Met..teM,.dvlByawesuaC.N1243 Louise Brady 985-951-9328239-159-589ydarBesiuoL 82 JENNIFERREFINNEJ COLDWELL BANKER/GEICOREKNABLLEWDLOC //GG OCIE FreeFFrrreee ParkingPPaarrkkkii gn Available up to 9,800 sq.ft..tf.qs008,9otpuelbaliavA • GoodGoo• d ParkingP arP king BUILDINGGNIDLIUB (504)464-65822856-464)405( This sphT spaceais isiace currentlyy usedentlrrcus used as a furniture showroom,wrhoseurtinfuras oo but cobutm, coulddul WAREHOUSES- ST. TAMMANYMMAT.TS-SESUOHERAW YNAM FORBESSEBROF ® Covington – 3,600 sq.ft. +.tf.qs006,3–notgnivoC +/--/+ 4051 Veterans Blvd..dvlBsnareteV1504 Ronnie R. Rauber, CPMMPC,rebuaR.ReinnoR bee adaptedadapb forfpt oed a multitude ofoudetimultr retail,, oficeofilietarf or air cce conditioneddnditioneco Excellent Veterans LocationnoitacoLsnareteVtnellecxE (504) 833-44944944-338)405( Covington – 5,200 sq.ft +/-/+tf.qs002,5–notgnivoC -/ RAULT RESOURCESSECRUOSERTLUAR storageorts age uses. MandevillenaM – 10,000 sq.fttf.qs000,01–ellived +/--/+ 504-293-97311379-392-405 Surplus of ParkinggnikraPfosulpruS GROUPPUORG c: (504) 915-36899863-519)405(:c MonthlyyonthlM y rent:rent: $5,104.17 Mandeville/Lacombe areaaeraebmocaL/ellivednaM – 90,000000,09– Minutes to Lakeside Mall,,llaMedisekaLotsetuniM [email protected] moc.dtlseitreporptceles@rebua sq. ft. +/--/+.tf.qs Downtown & AirporttropriA&nwotnwoD www.raultresources.commoc.secruosertluar.www ContactontactC t BillyBilly at 504-736-3432 Joe Carroll 504-782-52000025-287-405llorraCeoJ Standard ad size:ezisdadradnatS :e 5 ACRE GROUND LEASEESAELDNUORGERCA5 1 column x 2””2xnmuloc1 Prime cleared landdnalderaelcemirP On and near to 2 HWYs –sYWH2otraendnanO – CovingtonnotgnivoC Ad runs for 1221rofsnurdA Joe Carroll 504-782-52000025-287-405llorraCeoJ consecutive weekskeewevitucesnoc sk 90,000+/-09 , 000 ++// SQ..QS- FT.FT WAREHOUSE-HERAW. -ESUOH FOR LEASESAELROF E TotalTToo cost =tsoclat = 4 drive down wells-MandevilleednaMsllewnwodevird4 ednaM-sllewnwodevird4 Area-aerAellive -aerAellive Priced right - $2.00 sqft +/-+tfqs00.2$-thgirdecirP -/+ $$450..054$ Joe Carroll 504-782-52000025-287-405llorraCeoJ LatteraL tttttee &r & BBlBlum,l E,mu EERERARRAA PPoPoweredo ew rreed iiss IndependentlyIInnddeeepp ne ddeenttlllyy OwnedOwwnn &&de Operated.OOpperraatteedd. Ads are prepaidiaperperasdA d

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JOB ANNOUNCEMENTS

perp year Starting SalaryyralaSgnitratSraeyre To Advertise in CityBusiness $50,659956,05$ (Be home everyeveemoheB rryy night!niigg !th ) Chief Ferry EyrreFfeihC Engineern reenig BUSINESS MARKETPLACE Plaquemines Parish (Louisiana)naisiuoL(hsiraPsenimeuqalP a Ferry Department issitnemtrapeDyrreF) seeking individuals with an EngineernEnahtiwslaudividnignikees g License of 20000002foesneciLreeni CONTACT: HP and 1600 Gross Tons for BellelleBrofsnoTssorG0061dnaPH Chasse & PointeetnioP&essahCe -a-LaaL - HacheH ca he FFerries.rre i .se EExcellentecx ll tne StartingS trat iSllEiFhH ning SSalaryal andnayra Bd Benefits.ene ifBdlS if .st Email resumemuserliamE e to::ot JENNIFER FORBES [email protected]@ecivreS_liviC moc.hsirapseni Mail resume to: PlaqueminesenimeuqalP:otemuserliaM s Parish Civil ServiceecivreSliviChsiraP 504.293.9731 P. O. Box 836 Belle Chasse,hCelleB638xoB.O.P a LA 7003773007AL,ess PlaqueminesmeuqalP i ParishhsiraPsen [email protected] A GREATAERGA T PLACE TOOTECALP LIVE ANDAEVIL N WORKKROWD ************************************** * ********* www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 41

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Ace and the Louisiana Open Housing Act, which make it illegal to advertise any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination. We will not knowingly accept any advertising for real estate which is in violation of the law. For more information, call the Louisiana Attorney General’s Office at 1-800-273-5718.

1201 Napoleon Ave., New Orleans P $1,350,000 MoveMove rightright in!in! Let UssUteL BeeB YYoourru Real EstateetatsElaeR TeamTTee mam 5936 Magazine UnitUenizagaM6395 n #88#tin This Beautiful Victorian Uptown (504) 866-27852-668)405( (Office)O(5872 fffffii )ec residence dates to the 1890's and (504) 581-52635-185)405( (Home))emoH(3625 features six bedrooms, five baths, (504) 450-19041-054)405( (Cell))lleC(4091 double parlors with original pocket R doors and ceiling medallions, Sale Pending [email protected]@enalowt ten.htuoslleb stained glass windows - Fabulous gourmet kitchen with professional chef's stove and high end stainless steel appliances - Large corner lot MerrittMeerrrrritttt LLaLane,aann BRCCRB,e Nickie LaneenaLeikciN with a two car garage! • Superstar TeammaeTratsrepuS• • 26 years licenseddesnecilsraey62• • CommercialemmoC• ReallaeRlaicre E 2004, 2005, 2006,,6002,5002,4002 real estate agenttnegaetatselaer Estate,,etatsE Office Leasing, SalesselaS,gnisaeLeciffO WonderfulrednoW ffuu freshly painted condo in PlazazalPniodnocdetniapylhserfl Theatre. QuietteiuQ.ertaehTaz 2009, 20100102,9002 & propertyeporp& management..tnemeganamytre rear unit wtinuraer w/soaring/s ceilings & lots ofostol&sgniliecgnirao natural light..thgillarutanfo • 47 years acquiring//gniriuqcasraey74• Joni Jenkins Renovated well-appointed kitchen openseponehctikdetnioppa-llewdetavoneR to dining &gninidotsn & • LifeiL• ffee Member of Top of thehtfopoTforebmeM eh managing real estate &etatselaergniganam & • 2009 #11#9002• Superstar Team,,maeTratsrepuS [email protected] great rooms. Recently re-done master bathabretsamenod-eryltneceR.smoortaerg & 2nd bath issihtabdn2&hta Latter ClubbulCrettaL investment property..ytreporptnemtsevni 2010 #22#0102 Superstar TeammaeTratsrepuS www.JoniJenkins.com in great condition. Move right in!!nithgirevoM.noitidnoctaergni Super storage,,egarotsrepuS cell # (504) 453-1435 pool/patio areas, 2 secure garage pegarageruces2,saeraoitap/loop parking spaces..secapsgnikrap • LifeiL• ffee Member Million $$noilliMrebmeM Club.lC .bul • 2002-2011 Sales $150+ MillionnoilliM+051$selaS1102-2002• Office # (504) 891-6400 S Fabulous location on Magazineg -enizagaMnonoitacolsuolubaF - walk to park,,krapotklaw ,p WEWE AARERE FFIFIRSTIIRR TS RRERESPONDERSESPPOOONNNDDEERRS FFOFOROR 1820 St. Charles Ave #110 • New Orleans, LA 70130 restaurants,,stnaruatser WWhWholeh Foods & shops..spohs&sdooFelo $302,500.203$ .005,2 REALREEAA ESTATE!SEL TTAATTEE! TTRTRYRY UUSUS!S! EachEEaa hc ERAEERR ReallaeRA EstateEEssstt Powered CompanyoCderewoPeta mmppannyy issi IndependentlyIInn eped tnedne llyy Owned anddnadenwO Operated.OOpperraa et dd.. GreatGreat Amenities,Amenities, LusherLusher SchoolSchool District!District! St.St. JohnJohn 2126 AudubonbuduA6212 St..tSnob 2851 Grand Route St..tSetuoRdnarG1582 JJohnnhoJ T 633 Tchoupitoulas, Unit #10 • $439,900

OpenSunday 2 – 4 Sale Pending I

Fabulous Condo is the heart of the Warehouse District! This renovated unit offers ThisThis ccharmingharming LLusherusher SSchoolchool DDistrictistrict AArtsrttss & CCraftsrafftttss ccottageottttage hhasas a llight,ight, aairyirryy G 2 bedrooms, 2 1/2 baths, S/S appliances, crown molding, Brazilian hardwood and & oopenpen ffefeeleel ttoo iit.t. TThehe ffofoyeroyer oopenspens ttoo spaciousspacious livingliving & diningdining rmsrms & thethe marble tile floors, plantation shutters, garage parking and private outdoor space. livingliving rrmm oopenspens toto a cozycozzyy studystuddyy – allall havehaavve wonderfulwonderffuul pinepine floorsfflloors & fabulousffaabulous Condo is located in rear of building. ddetailetail iinn tthehe wwindowsindows & wwoodood wwork.ork. TheThe kitchenkitchen isis a cchef’shef’s ddreamream ww/w/2/2 ssinks,inks, llotsottss ooff ccabinetsaabbinets & a bbreakfastreakffaast aarea.rea. TThehe kkitchenitchen oopenspens ttoo a ffafamilyamily ddenen wwithith Joni Jenkins nicenice built-ins.built-ins. TheThe largelarge mmasteraster bbdrmdrm bboastsoasts a sittingsitting areaarea & aann uupdatedpdated FormallyFormally a ddoubleouble cconvertedonverted ttoo a singlesingle llargearge mmasteraster & llivingiving privateprivate bth.bth. TheThe 2nd2nd bdrmbdrm isis directlydirectly acrossacross fromffrrom a nicenice hhallall bbath.ath. TThehe ffufullyully [email protected] rroom,oom, greatgreat porchesporches & deckdeck overlookingoverlooking gardengarden & largelarge rearrear functioningffuunctioning 325325 sqsq ftft 1 bdrm,bdrm, 1 bthbth guestguest house/mother-in-lawhouse/mother-in-law apartmentapartment www.JoniJenkins.com yardyard nearnear fairgroundsfairgrounds & JazzfestJazzfest & restaurants,restaurants, twotwo parkingparking E cell # (504) 453-1435 opensopens toto a privateprivate woodwood deck.deck. EverythingEverryything inin thisthis homehome isis inin beautifulbeautiffuul Office # (504) 891-6400 conditioncondition & readyready forffoor movemoovve in.in. $365,000$365,000 oror $2,250/$2,2500// monthmonth leaseleaasse. padspads inin rearrear offoff PoncePonce dede Leon.Leon. 1,9001,900 sqsq ft.ft. $292,500.$292,500. 1820 St. Charles Ave #110 • New Orleans, LA 70130

The • BeckyWeber E very home is a masterpiece. Team The Premier Algiers Point Compound Your Satisfaction WATERAATT RE FRONTRROO TN HOMEEMO SITESSETI • New Orleans • Louisiana, 70114 Amanda Bayhi Becky Weber Erin Helwig Measures our Success! www.pelicanslandingbayou.comnidnalsnacilep.ww g moc.uoyab 1 Acre; Zoned - Light Industrial- Private & Gated (100’1(detaG&etavirP 0 x 240’))’042x’0 * 200 Opelousas St (5,111 SqFt, 5 Bd 3 Ba) P 711 Roseland, Bulkheads/daehkluB s/ 30’ x 30’’03x’03 Boat SlipsspilStaoB * 201 Opelousas St (1,246 SqFt, 2 Bd 1 Ba) Owner Financing – NooN–gnicnaniFrenwO Closing CosttsoCgnisolC * 205 Opelousas St (1,218 SqFt, 1 Bd 1.5 Ba) Harahan * 137 -A Eliza St (1,242 SqFt, 1 Bd 1 Ba) 20 min to downtown. You $99,000$99,0000099$ 0 NowN wo $79,00097$ , 000 – CrownC00097$N rCr nwo Point/LafittePointt//La ifL/iP if ett * 137 Eliza St (1,028 SqFt, 2 Bd 1 Ba) will have to pinch yourself (504)(504) 481-6862481-6862 TerryTerry BourgeoisBourgeois * 240 SqFt Historic former Post Office every morning to make sure * All Properties fully furnished w/ Antiques you are not on vacation! Visit this property at www.dbsir.com R Large windows overlooks Property ID: 909182 tropical gardens, enclosed Offered at $1,700,000.00 pool, waterfall, aviary, and huge living area great for entertaining. MEDIA ROOM, 2 master suites. 4 bed- Contact: rooms, 4 1/2 baths. $575,000. Patrick Knudsen -Realtor- c 504.858.6023 o 504.944.3605 E Direct 504.457.2601 • Cell 504.400.0501 [email protected] www.BeckyWeber.com © MMX Sotheby’s International Realty Affiliates, Inc. A Realogy Company. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates, Inc. An Equal ® Real Estate Partners 4141 Veterans Memorial Blvd., Ste 100, Metairie, LA 70002 USA Each office is independently owned and operated. Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated.

V “All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise any preference, limitation or discrimination I based on race, color, religion, sex, Framed Article handicap, familial status, or national origin, or intention to make any such Articles are reffoormatted to fit on either one or ttwwo pages with “As preference, limitation, or discrimination. seen in CityBusiness” on the top of the page. Article size is 8 1/2” x 11”. E FFrrraamed articles takkee apprroooxximatellyy 1 month to complete We will not knowingly accept any advertising for real estate which is in violation Digital Reprint of the law. All persons are hereby informed that all dwellings advertised are available CityBusiness will reffoormat the article or list with “As seen in Contact Jaclyn Meith on an equal opportunity basis.” W CityBusiness” on the top of the page and send it to you in PDF (504) 293-9229 ffoormat. TTootal CCoost: $400 [email protected] www.neworleanscitybusiness.com 42 New Orleans CityBusiness August 3-9, 2012

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Ace and the Louisiana Open Housing Act, which make it illegal to advertise any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination. We will not knowingly accept any advertising for real estate which is in violation of the law. For more information, call the Louisiana Attorney General’s Office at 1-800-273-5718. P 636636 WWEWEBSTEREBSTTEER $$648,000648,000 B A 1907907 PALMERPPAAALLLMMMEER • $$3,975,0003,975,000 N.O.N.Orooker. TopTToooop AAgAgentkgent forffoor 22000rthursr00t0h - 22011u01r1s FORFOR SALESALE NNOW!!!OW!!! 15271527 WashingtonWWaashington AAvAve.ve. $1,595,000$1,595,000 402402 FelicityFelicity $ 545,000545,000 4141 VersaillesVersailles BlvdBlvd $ 590,000590,000 R 16121612 W.W. EEsplanadesplanade $ 248,000248,000 New Price 1010 NassauNassau Dr.Dr. $2,800,000$2,800,000 1907907 PalmerPalmer Ave.AAvve. $ 3,975,0003,975,000 636636 WebsterWWeebster $ 648,000648,000 70 VersaillesVVeersailles $3 310,00010,000 37213721 SSt.t. CCharleshaarrles AAvAve.ve. UnitUUnnit 66BB $8 880,00080,000 2001-03001-03 SS.. CCarrolltonarrollton AAvAve.ve. $ 6 685,00085,000 1133 NNassauassau DDr.r. - SSOLDOLD $1,575,000$1,575,000 E 40055 AAudubonudubon - SOLDSOLD $ 6 685,00085,000 55014014 LLaurelaurel St.St. - SSOLDOLD $ 5 535,00035,000 62211 AArabellarabella - SSOLDOLD $ 8 849,00049,000 PropertyProperty consistconsist o off a g gorgeousorgeous 3 b bdrmdrm mainmain u unit,nit, p pluslus a 1 55914914 CColiseumoliseum - SSOLDOLD $ 8 835,00035,000 MagnificentMagnificent stonestone mansionmansion inin m magnificentagnificent condition!condition! S Spaciouspacious bbdrmdrm rrentalental uunitnit aandnd a 2 bbdrmdrm gguestuest ssuiteuite wwhichhich cancan bbee rreat-eat- 30033 AAudubonudubon SSt.t. - SSOLDOLD $ 7 788,00088,000 formalformal rooms,rooms, s solariumolarium o overlookingverlooking s sideide garden,garden, e exceptionallyxceptionally 66262525 SSt.t. CCharleshhaaarrleess AAvAve.ve. PPHPHAHHAA --SOLDSOLD $ 1 1,675,000,675,000 ttachedached ttoo tthehe mainmain uunit.nit. FantasticFantastic llargearge 6644 x 110808 ccornerorner llotot 55508508 HHursturst SSt.t. - SSOLDOLD $ $1,549,0001,549,000 largelarge dden,en, glassglass walledwalled diningdining roomroom w/slatew/slate ffloorsloors ooverlookingverlooking tthehe ww/garage/garage & lotslots ofof yyardard sspace.pace. OOnlynly 2 bblkslks ffromrom AudubonAudubon ParkPark 11444444 HHenryenry CClaylaayy - SSOLDOLD $ $2,600,0002,600,000 largelarge backyardbackyard & ppoolool -Gorgeous-Gorgeous wwoodood paneledpaneled librarylibrarryy - FFabulousabulous S & s shopshops o onn M Magazineagazine S Str-Fantastictr-Fantastic s screenedcreened p porchorch l leadseads t too 66035035 LLaurelaurel SSt.t. - SSOLDOLD $ 9 948,00048,000 Direct:Direct: 259-8311259 8311 kkitchenitchen & breakfastbreakfast roomroom - 22ndnd ffloorloor hashas 5 llargearge bbdrmsdrms iincludingncluding llightight ffilledilled rroomsooms ww/wood//wwood ffloorsloors & ggreatreat mmoldings-Superoldings-Super llargearge 66021021 CConstanceoonnstaannce SSt.t. - SSOLDOLD $ 6 695,00095,000 Office:Offfffiice: 866-2785866-2785 a fabulousfabulous mmasteraster suitesuite w/greatw/great cclosetloset sspace.pace. 3rd3rd fflrlr gguestuest ssuiteuite - kkitchen-Beautifulitchen-Beautiful bbath-Greatath-Great ooffice-Lotsffffice-Lots ooff ppossibilities.ossibilities. EachEEaach EERARRAA RRealeal EEstatestate PPoweredowerreed CompanyCompany isis IndependentlyIndependdeentllyy OOwnedwned andand Operated.OOpperraated. GorgeousGorgeous propertyproperty - IImpeccablempeccable condition.condition. T

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GRI,GRI, CRSCRS 5050 FONTAINEBLEAUFONTTAAINEBLEAU DR.DR. MARY ANN AUCOIN • LettyLetttyy Rosenfeld,Rosenffeeld, #((   3 HonoredHonored bbyy thethe NewNeeww OOrleansrleannss MetropolitanMetrooppolitan AAsAssociationssssociation ooff RRealtorsealtors aass a ) 0!+&*( //#- (0)!+) TopTTooopp TTeTenen ProducerProdduucer everyeevverryy yearyear ffrfromrom 19981998 throughthrouuggh 22011.011. 111) -2 ** 0!+&*!+) LifeLiifffee MemberMMeeemmbeerr MMiMillioniilllllliiioon DollarDolllllaar CClClublluub wwithiittthh ooverveerr 2200 yyearseeaarrss experience.eexxxppeerrriiieeenncee.. $$&!#    P CChCharterharrttteeerr MMeMembereemmbeerr LLatterattttteeerr & BBlum’slluum’’ss ““TopTTooopp ooff tththehe LLatter”attttteeerr” CClClublluub  -2/ *& /#1-(# *.   SpecializingSpecializing inin New Listing! UUptown,ptown, LakefrontLakefront andand • 0(/&&((&+*+(( --+"0!#-• OOldld MMetairieetairie PropertiesProperties • 1999  //#-(0)++'&#+$/%## -• •  //#-(0)+,-+"0!#-&$#+("1 -"• R • #/-+,+(&/ *..+!& /&+*+$# (/+-.+("1 -"• CellCell 236-6834236-6834 •  /&+* (# (/2((& *!# (#.1 -"• BeautifulBeautiffuul raisedraised basementbasement homehome o onn U Uptownptown t tree-linedree-lined •  //#-(0)% &-) *.(0 1 -"• OOfficefffffiice 8866-278566-2785 bboulevard.oulevard. G Gorgeousorgeous l livingiving a andnd d diningining r roomsooms w withith mmagnificentagnificent w windows,indows, o oakak ffl floors,loors, a andnd 9 ffo footoot c ceilings.eilings. E e-mail:e-mail: [email protected]@letttyyrr..com SSeparateeparate u upstairspstairs d den,en, 3 b bedrooms,edrooms, 2 b baths,aths, c charmingharming I would be delighted to work closely with you Website:WWeebsite: wwww.lettyr.comww.letttyyrr..com ssunroom.unroom. 2 2400400 s sqq fft t u up,p, l laundry,aundry, s storage,torage, a andnd g garagearage to help you achieve your real estate goals LatterLatter & Blum,Blum, EERARRAA PPoPoweredowerreed iiss IIndependentlyndependentllyy OwnedOwned & Operated.OOpperraated. ddown.own. LLargearge 6600 x 112020 llot.ot. $$395,000395,000 V ToTo AAdvertisedvertise YYoYourour I ResidentialResidential oorr CommercialCommercial PropertyProperttyy callcall

E JENNIFER FORBES JACLYN MEITH COCO EVANS JUDD 293-9731 293-9229 293-9288 [email protected] [email protected] [email protected] W www.neworleanscitybusiness.com New Orleans CityBusiness August 3-9, 2012 43

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Ace and the Louisiana Open Housing Act, which make it illegal to advertise any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination. We will not knowingly accept any advertising for real estate which is in violation of the law. For more information, call the Louisiana Attorney General’s Office at 1-800-273-5718. P GlenndannelG BachhcaBadn 504‐583‐27925‐405 2972‐385 R [email protected] 3hca moc.loa@3 Top ProducercudorPpoT in New OrleanssnaelrOweNnire 172 PLEASANT RIDGERTNASAELP271 DRRDEGDIR $779,250052,977$ 0 E

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I 1429 Jackson Ave...... $1,298,000 6300 Colbert St. SOLD...... $419,000 OutdoorOutdoor Paradise,Paradise, thisthis homehome hashas a spectacularspepsasahemohsihtesidaraProodtuO ectacular screenedscreened inin areaareaeranideneercsralucatce a 500 Audubon SOLD...... $998,000 4 Stilt SOLD...... $415,000 22 Farnham SOLD...... $950,000 4440 Bienville ...... $399,000 whichwhich includesincludes anan outsideoutside kitchen,kitchen, coveredcovered patiopatio withwith Fireplace,Fireplace, 1566 Calhoun SOLD ...... $875,000 915 Cadiz SOLD...... $396,000 stereostereo speakers,speakers, ingroundinground poolpool allall overover lookinglooking canalcanal withwith smallsmall 5111 Pitt SOLD...... $749,000 5828 General Diaz SOLD.....$349,000 1240 Eighth SOLD...... $725,000 7705 Hampson SOLD...... $333,000 dockdock forfor fishing,fishing, ThisThis lovelylovely 5 bedroom,edroom, 4 1/21/2 bathath homehome offersoffffers a 1130 Cadiz SOLD...... $649,000 817 Aline SOLD ...... $329,000 G fantasticfantastic floorfloor plan,plan, gourmetgourmet kitchenkitchen withwith granite,granite, andand highhigh 1429 Jackson SOLD ...... $626,000 612 Gen. Taylor SOLD ...... $289,000 6308 Camp SOLD ...... $549,000 628 Orange ...... $287,009 ceilings.ceilings. LocatedLocated inin a gatedgated communitycommunity onon a quietquiet culcul dede sac.sac. 4737 Baronne SOLD...... $549,000 1229 Gardena SOLD...... $249,000 DefinitelyDefinitely a mustmust see.see. 924 Bellecastle SOLD ...... $485,000 2619 St. Charles Unit C ...... $229,500 1117 Pine SOLD...... $475,000 1119 Antoine...... $209,000 5120 Chestnut SOLD...... $439,000 833 Second ...... $169,000 E 22734734 PPrytaniarytania SSt.t. NNewew OOrleansrleans • 5504.895-466304.895-4663

• Stevie Mack Creating a Higher Standard of Excellence in Real Estate #1 Greater New Orleans area Top Producer as recognized in CityBusiness for 2006-2009 985.630.1934 985.630.9101 1151 North Causeway Blvd. or #1 St. Tammany Parish Sales 2002-2010 Mandeville, LA 70471 [email protected] Office: 985.626.5687 Bob Mack, Charlotte Bordelon & Danielle Fournier www.StevieMack.net P CONSIDERING THE NORTHSHORE CALL STEVIE MACK TODAY

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E 85 Catalpa 714 Tete L’ours 1455 Savannah 102 Riverdale Price to sell in North Park Subdivision Covington On the golf course in Beau Chene Subdivision Acadian cottage in The Village in Covington Stunning LA Plantation in Tchefuncta CC in Covington

Latter & Blum, ERA Powered is Independently Owned & Operated.

V NEW PRICE! FOR SALE 920 Louisiana Ave. • $1,245,000 CLIMATE CONTROLLED WAREHOUSE I

Built circa 1862's. Was once a horses stable. Renovated Greek 2636 Edenborn, Metairie, LA 70002 Revival... main house, 3 bed 3.5 bath, original plaster medallions, heart pine flooring, granite, triple crown moulding, E • Located just off Veterans Blvd. • Approx. 3,000 SF of offi ce space behind Lowe’s • Great location 14 ft ceilings. 2 carriage houses, a guest house, pool, deck, • Approx. 31,710 SF of land • Building is in excellent condition • Approx. 22,000 SF of climate • Zoned BC-2 huge lot 64 x 192, great for entertaining, potential income. controlled warehouse • Can be used as retail, office, warehouse, etc. Uptown/Garden District booming! For further information please contact: Rates are historically low. Charlotte Hailey-Dorion 600 Carondelet St., Suite 609, New Orleans, LA 70130 Realtor Gold Award 1995-2011 W 504-581-1111 Multi-Million Dollar Producer Platinum Club Member Lindsey Randon - ext. 27 • Cell: 504-231-7217 Don Randon - ext. 21 • Cell: 504-231-7213 504-237-8615 3/8/12 [email protected] The above information was obtained from sources believed to be accurate but is not warranted by Don Randon Real Estate Inc.