IBJBlogs

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

Updates on downtown projects

Cory Schouten
January 9, 2008
Comments(19)
By popular demand, here are a few updates on new development projects: The Maxwell is coming out of the ground on schedule, but sales have been slow so far,...
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Supremes appear to back voter law

January 9, 2008
Comments(2)
Questions posed by U.S. Supreme Court justices today suggest they might be reluctant to overturn Indianaâ??s voter ID law. Reports from the proceedings quote Justice Anthony Kennedy, often a swing vote on the court, as asking why the court should be...
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Naked in Carmel

Bruce Hetrick
January 9, 2008
Comments(7)
Few would object, on the one end, to a Norman Rockwell painting being hung in an art gallery window. Few, at the other end, would approve of a city park screening of a Jenna Jameson skin flick. But where is the line...
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Insurer rejects church over stance

January 8, 2008
Comments(6)
An insurance company headquartered in Fort Wayne has refused to offer a property policy to a Michigan church that belongs to a denomination that backs gay rights. Brotherhood Mutual Insurance Co., says the risk of insuring West Adrian United Church of...
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More closings, some temporary

Cory Schouten
January 8, 2008
Comments(19)
The Music Mill, a north-side restaurant, bar and concert venue, has temporarily closed its restaurant for a renovation. The box office remains open at the 82nd Street facility. Seven nightclub in Broad Ripple...
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Super hero museum closes

Bruce Hetrick
January 8, 2008
Comments(5)
Superman leaps tall buildings in a single bound (note: If he can fly, why does he bother leaping? Just asking). Dane Nash took his own enormous leap—of faith—when he decided to put his Superman and Batman memorabilia collection—including a full-sized Batmobile...
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Taxing lawyers, docs, Realtors

January 7, 2008
Comments(5)
Your lawyer probably isnâ??t complaining. Neither would your doctor, Realtor or accountant. In all the talk about reforming property taxes, hardly a word has been said about shifting some of the property tax burden to services. That means some of the most...
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Will oil really hit $200?

January 7, 2008
Comments(2)
Bloomberg carried a story today saying some of the hottest oil investments are options on the New York Mercantile Exchange to buy oil for $200 a barrel. Presumably at least some investors think oil prices are going to double. Weâ??ve already...
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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