Approval comes despite protests from French Quarter homeowners over valuing all land in the Quarter at $60 per square foot
Depite protests from French Quarter property owners that their 2013 property tax assessments are grossly unfair, the City Council, meeting as a Board of Review, Tuesday unanimously approved resolutions certifying the assessments in all seven council districts.
French Quarter homeowners object to the decision by the Orleans Parish assessor to value all land in the Quarter at $60 per square foot.
"No other neighborhood in New Orleans has land valued at $60 a square foot," said French Quarter homeowner Leo Watermeier. "And if you vote for this you're saying the land under a double on Barracks Street is worth more than the land on Audubon Place, we know, the millionaire mansions on Audubon Place."
"It defies common sense to think that land on Bourbon Street, which has some of the highest revenue in the country, is worth the same as land under a double shotgun on Barracks Street," said Meg Lousteau, who represents French Quarter property owners and residents.