By Robin Shannon, Manging Editor
The new owners of the Pontchartrain Hotel are moving forward this week with a more than $10 million renovation of the historic property.
AJ Capital Partners of Chicago announced today that the 106-room hotel at 2031 St. Charles Ave. has closed its doors to begin renovations. The real estate investment firm purchased the storied hotel in November for more than $19.8 million, according to Orleans Parish records.
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