So, look, here is a million dollars we are just gonna leave on the table.
The latest version of the building lease for the development team Woodward Interests and Carpenter & Co. included a Friday (March 30) deadline to begin construction. Although the date has passed, Cindy Connick, CEO of New Orleans Building Corp., the landlord for city-owned properties, said the city hasn't given notice to the developers that they missed the deadline. Doing so would require a $1 million payment from Woodward-Carpenter within 30 days to extend the deadline.I don't get it. A year ago, the mayor and his political allies were taking out full page ads and planting editorials in the papers about the importance of moving faster. Why are they so lax about deadlines now?