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Advocate staff photo by JOHN McCUSKER -- Sidney Torres IV arrives at City Hall in New Orleans for a meeting on Friday, January 16, 2015.

Businessman Sidney Torres announced he will not enter the New Orleans mayor’s race, ending months of speculation about whether he would become a wildcard in the campaign to replace Mayor Mitch Landrieu.

But though he won’t be a candidate, Torres indicated he still wishes to play a role in selecting the city’s next mayor through a political action committee, Torres announced in a Facebook post on Friday.

Torres, who rose to fame running the trash collection company that cleaned the French Quarter before moving onto real estate and a reality TV show, has been flirting with a mayoral run for months. He had repeatedly said that he would make a last minute decision on whether to jump into the race.

In his post on Friday, Torres said little about why he eventually decided not to run but took aim at the city’s political establishment as he announced the creation of his PAC, “The Voice of the People.”

“Like many of our citizens though, I am frustrated by a lack of leadership, selfish political posturing, and an unwillingness to find collaborative solutions to age old problems,” Torres said. “Therefore, even though I will not be a candidate for our city’s top job, I will do everything possible to ensure that the next mayor wants the responsibility, not just the title.”

“But during this campaign and beyond, The Voice of the People will hear your concerns and hold candidates and our next mayor accountable to deliver solutions, not soundbites,” he added. “In the past two mayoral elections, less than half of the electorate cast a ballot to choose who leads our city. That’s unacceptable by any standards. This election, we must use our power to vote.”

By noon Friday, eleven candidates had qualified for the race to replace Landrieu, who is unable to run again due to term limits. Qualifying runs until 4:30 p.m. on Friday.

Follow Jeff Adelson on Twitter, @jadelson.​