About 2/3 Of Airport Buyout Property Draw Auction Bids
KENNER, LA (AP) — In a process that lasted less than an hour, 21 of 31 bundles of vacant airport properties in Kenner have been auctioned to the highest bidders.
Airport officials tell NOLA.com/The Times Picayune’s Littice Bacon-Blood nine bundles that received no bidders, and one that was mistakenly omitted from the sale, will be auctioned at a later date.
The Federal Aviation Administration bought the almost 400 properties, mostly residential, in the 1980s and '90s to settle noise and safety complaints around what has since been renamed Louis Armstrong International Airport. The houses and businesses were then razed.
The Aviation Board conducted Friday's auction, with the help of staff from the New Orleans Property Management Department.
The highest bid was $309,000 for Bundle 20, which was the minimum asking price.