IBJBlogs

Property Lines
Scott Olson
More Property Lines
IBJ Lou Harry's A&E Blog
Lou Harry
More Lou Harry's A&E
The Score
Anthony Schoettle
More The Score
North of 96th
Andrea Muirragui Davis
More North of 96th
The Dose
J.K. Wall
More The Dose

Recent Blog Posts

Roller Girls gain cult following

Cory Schouten
March 24, 2008
Comments(8)
The Naptown Roller Girls are proving so popular, the locally-based team is looking for a bigger venue. In only its second season playing at the State Fairgrounds’ Toyota Blue Ribbon Pavilion, the team’s...
More

You-review-it Monday

Bruce Hetrick
March 24, 2008
Comments(7)
For me, the weekend included lots of reading for upcoming book reviews, a visit with Dance Kaleidoscope (review to appear in next week’s IBJ) and screenings of the classic “Mildred Pierce” and the less-than-classic “Horton Hears a Who.” So what did...
More

Arts to the left, arts to the right

Bruce Hetrick
March 21, 2008
Comments(0)
David Mamet has stirred lots of debate with his recent column in The Village Voice. The message can be boiled down to his line "I took the liberal view for many decades, but I believe I have changed my...
More

Friday open thread

Cory Schouten
March 21, 2008
Comments(55)
Besides college basketball, what's on your mind today? A starting point: What do you think of Simon Property Group's venture into the condo business with a 47-story tower atop a Nieman Marcus in Boston? (A spokeswoman for the tower's designer,...
More

Indiana's forgotten corridor

March 21, 2008
Comments(8)
Draw a line from Richmond in east-central Indiana toward the Chicago area, and youâ??ll find some of the most depressed space in the state. The stretch includes the once-mighty manufacturing centers of Anderson, Gas City, Muncie, Kokomo and Logansport. Factories and...
More

Clinton and Obama on NAFTA

March 21, 2008
Comments(3)
Hillary Clinton and Barack Obama suggested to voters before the Ohio primary election early this month that the North American Free Trade Agreement should be renegotiated because Rust Belt workers are getting a raw deal. The extent to which Clinton and...
More

Youth basketball = big business

Cory Schouten
March 20, 2008
Comments(2)
It seems there are many people and businesses these days fighting to get a piece of youth basketball. Talks between the NCAA and NBA started heating up last month about forming a coalition to launch co-branded youth basketball leagues and...
More

Dome souvenirs & Babe Denny

Cory Schouten
March 20, 2008
Comments(4)
This week brought potential resolution for a couple of disputes in the neighborhoods surrounding Lucas Oil Stadium: Board limits RCA Dome souvenir proceeds to $200K The Capital Improvement Board today agreed to rework an...
More
Sponsored by
ADVERTISEMENT
  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

ADVERTISEMENT