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Originally Posted by FenderOz
The bad PR is really piling on for Kailas....
https://www.nola.com/news/business/a...def30ed8e.html
This article tells us why they haven't been able to move forward with the full renovation yet, but also just paints Kailas as unprofessional and borderline illegal...
On another note, I imagine people here know more than me about how developers cover their butts with each development... but with the Hard Rock disaster, what are the penalties/losses one would expect for the builders (Citadel) and the developers (Kailas and co.)?
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If Citadel and the engineering companies are still a company after this year Id be shocked. Kailas and partners will be part of lawsuits.. but of course the investigation will determine to what extent... ultimately though, engineers and contractor and to some extent building materials supplier are the most vulnerable
Also, theres very likely to be lawsuits between people like the developers and the contractor and Im certain Hard Rock Hotel themselves will sue people for damage to the brand, especially locally. Hard Rock Hotel is now a 4 letter word in the NOLA Market
As for the tenants in 1010 , they are just using the overall and deserved bad Image Kailas has to garner attention it seems. You are on a month to month lease which means you need to leave.