The rent is too damn high

Now that Stacy Head has moved on to citywide office, those old "Faubourg Stacy" bumper stickers you used to see Uptown are a bit out of date.  May do well to switch over to Faubourg Khodr

The transformation of Magazine Street continues as the 16-year old Rocky’s Pizzeria in the 3200 block closed July 16. Hicham Khodr, owner of Byblos, is under contract to purchase the building from Alvin Wexler LLC. Khodr said he expects to close on the contract next month and possibly open another pizzeria.

The value of the building, 3222 Magazine St., is listed at $343,200 on the Orleans Parish Assessor’s Office website, though it is expected to sell for more than $1 million.

Khodr, who now owns six properties on Magazine Street, is moving Byblos into the old Nacho Mama’s location and opening an upscale taqueria where Byblos has operated since 2001.

If he buys one more of the red properties I think he can start putting up hotels.