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Mid-Town Hotel On Tulane Avenue Sells For $1.7M

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The Mid-Town Hotel on Tulane Avenue, perhaps best known for its terrible yelp reviews and surrounding criminal activity, has new owners. M&S Hospitality has been running the show at the 102-room hotel for the past couple years and just purchased the place for $1.7M, City Biz reports. After making "substantial improvements" to the hotel, the new owners plan on starting a franchise arrangement with a national hotel. It's no secret that the avenue's stretch of seedy motels have been a hotbed for hookers and drug dealers (and the crimes that go along with such activities), but many eyes are focused in this direction as the BioDistrict could urge a Tulane Avenue clean-up.
· Buyer has franchise hopes for Tulane Avenue hotel [City Biz]
· All Sold Stuff [Curbed NOLA]
· All Tulane Avenue coverage [Curbed NOLA]
· All BioDistrict coverage [Curbed NOLA]