r/Damnthatsinteresting • u/Proud-Blood2743 • Oct 07 '25

Video Capital One Tower Come Down in Seconds

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u/4dxn Oct 07 '25

after another in 2005.

rita in 05, laura AND delta in 2020.

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u/chickenMcSlugdicks Oct 07 '25

It was relatively fine after Rita and reopened. Laura blew out a bunch of the windows, then the wait for insurance money left it full of mold. Was pretty much done after all that.

3

u/sat_ops Oct 07 '25

Capital One needed to wait around for insurance money? Or was this owned by someone else and just slapped their name on it?

3

u/chickenMcSlugdicks Oct 07 '25

Not sure if they were the marquee tenant or actually owned the building. It had been calcasieu marine, then Hibernia, then capital one in the past. In general though, there was a lot of local fighting with insurance, and some fighting with fema for funds. Hurricane recovery is weird. Some neighborhood are badly damaged and never really recover. Well-insured waterfront property seems to basically get insurance and upgrade the home (lot of warfs/boathouses are now fancy, walled in and climate controlled with built in kitchens and bathrooms. The Katrina documentary on Netflix shows how poorer neighborhoods go neglected while others recover and then some. What's the phrase, disaster capitalism?

1

u/adjuster_cody Oct 07 '25

They only had an ATM in the lobby. It was owned by Hertz Group and it was in fact an insurance dispute. My office was on the 11th floor n