Donation of City Property

As the recovery progresses, consideration of what makes
New Orleans unique is paramount to retaining the character and ambiance people flock from around the world to see.

2552 St. Philip Street is just one of many city owned properties threatened with extinction.
It’s hard for the city to be genuine in its pursuit of derelict
properties when city-owned historically significant properties
like 2552 St. Philip are systematically being demolished by neglect.

I believe a plan should be formulated to sell city owned historic properties at a discount
(or DONATED) to entities which pledge to restore them properly.

The property at 2552 St. Philip is eligible for significant tax credits (50%) according to the
Office of Cultural Development/Division of Historic Preservation if
it is donated/sold to a private entity and then restored and put
into commercial use. A public/private partnership that would
restore city-owned historically significant properties and make
them commercially viable at the same time is a win for the city, bringing jobs and tax revenue and a win for preservation by
retaining significant parts of our cultural heritage.

City Demolishes Property by Neglect

Below is a link to the city owned property at 2552 St. Philip.
https://katrinafilm.wordpress.com/2009/04/28/2552-st-philip-street/

This property falls within the Bayou Road African American Heritage
Cultural District. It is currently owned by the City of New Orleans.

It would be wonderful if the city would concede to donating this property to someone willing to restore it. It is just too great an asset to let the city continue to demolish it by neglect.

I contacted the city about a month ago to see if it could be restored
to its best use – a police station but the city is not
interested. Getting someone to purchase it is unlikely because it is surrounded by blight and crime.

Donating to some entity that would restore it makes sense.

Because 2552 St. Philip is located within a cultural development/
historic preservation district it can qualify for a 50% tax credit
(25% state, 25% federal) IF it is privately owned and used for
commercial purposes.

The new owner needs to operate a business there for 5 years. If it
is privately owned and used as residential then only a 25% tax credit
applies.

As you can see from the picture in the link,
https://katrinafilm.wordpress.com/2009/04/28/2552-st-philip-street/
this is a very beautiful building that the city is demolishing by
neglect.

How can we convince the city to sell or donate this property to a
commercial entity willing to restore it? Do you know any large corporate entity
that would be willing to take on such a project? The city values the
property at over a million dollars.

The property is right on the line between District A and District C.

Below is a link to a google map indicating the location of 2552 St. Philip Street
http://katrinafilm.com/Map2552StPhilip.jpg

In the link below you will see 2552 St. Philip Street indicated on the Council Districts map.
http://katrinafilm.com/Map2552StPhilipDistrictC.jpg