SOLD! Bankruptcy Auction – New Orleans Grand Palace Hotel



Grand Palace Hotel

Brief Description

Bankruptcy Auction – New Orleans Grand Palace Hotel – sells to the highest bidder subject to Bankruptcy Court approval.



Bankruptcy Auction – New Orleans Grand Palace Hotel – Sells to the highest bidder subject to Bankruptcy Court approval. 

This will be a Dual Bid Auction with Sealed Bids due on April 14th and a best and final Live Auction scheduled for April 17th.

United States Bankruptcy Court Eastern District of Louisiana Case No. 07-10102, Sec. B, Chapter 11.

New Orleans Grand Palace Hotel – 1732 Canal Street, New Orleans, Louisiana  70112

  • No. of Rooms: 1,036
  • Land Acres:  1.88
  • Parking Spaces:  250
  • Building s.f:  659,510
  • Cross Street:  Claiborne
  • No. of Stories:  17
  • Year Built:  1954
  • Zoning:  CBD-2B

Well located at the corner of historic Canal Street and Claiborne Avenue just north of I-10.  The property is six blocks from the Louisiana Superdome and seven blocks from the French Quarter.

Amenities include: 

  • 180 seat lounge
  • Gift Shop
  • 9,216 sf ballroom divisible into four rooms (Claiborne 2,112 sf, Thibodeaux 1,776 sf, Derbigny 1,920 sf and Villerre 2,000 sf)
  • 125 Seat restaurant
  • 370 Guest rooms rentable – with minor renovation. (125 Kings, 15 Wheelchair Kings, 180 Doubles, 50 Suites)  The 8th through 17th floors not included in rentable room count.

Parking:  Four story, attached 55,377 sq. ft. garage for 250 cars.



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3316 Florida Ave. Suite 201 • Kenner, Louisiana 70065 USA
Phone (504) 468-6800 •Fax (504) 468-6811

Broker: David E. Gilmore
Licensed By The Louisiana Real Estate Commission
Licensed in Louisiana, Mississippi, Arkansas and Oklahoma
A Division of Gilmore-Braud Companies

Auctioneer: David E. Gilmore
Licensed in: Alabama #1832 • Arkansas #1979 • Louisiana #0447
Mississippi #378/641F • Texas #11136

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