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Ponchatrain Hotel rumor
I heard from a pretty good [[ not great ) source that the hotel was foreclosed. I know for a fact that there were people in there today doing a physical inventory of all rooms and offices. My source said that the bank or mortgage company may try and keep the hotel running or they may mothball it.
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I think that came up last night on WDIV when they did the story on the girl that was getting screwed for booking her wedding and reception there.
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That building would make for amazing apartments, if you joined some of the rooms and added kitchenettes or kitchens. I wonder what the odds are that they would sell the vacant lot on the West end of the block to a private developer. It would be nice to see a building there.