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February 10, 2003


Property Dispute Heating Up In New Orleans

A dispute headed straight for the Yiannopoulos Property textbook is taking place in the secluded community of Brazilier Island in the Lake Catherine area of eastern New Orleans. The Times Picayune reports that Ken Carter purchased Braziier Island from the Remington Oil Company, a company he represented, for $150,000. The purchase included about 2,400 acres, only 20 acres of which is not wetlands.

"About 40 families live on Brazilier, most of them year-round. While they own the structures they occupy, they rent the land beneath them. About 30 face eviction for refusing to sign six-month leases on their lots, from January to June, and for paying their rents under protest and depositing the money with the registry of the court, pending the outcome of their legal battle, Carter said Wednesday. Most of the homeowners are not wealthy and invested in their houses 'based on promises oral and in writing' that they would have the right to buy their lots, Stephen Conroy, who represents the residents, said. He said he will file an injunction to try to stop the evictions."

Posted by AJR at February 10, 2003 08:18 AM
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