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Residential Real Estate
Downtown condo residents sue developer over damage
March 19, 2012
Scott OlsonThe homeowners association for the 70-unit Hudson wants the building's developer, Kosene & Kosene, to pay to repair damage
it alleges was caused by faulty construction.
MoreDeal rekindles $45M downtown project
March 17, 2012
Cory SchoutenFormer partners in Kosene & Kosene Development have settled a legal dispute that jeopardized redevelopment of the vacant
former Bank One Operations Center downtown. Milhaus Development has until May 1 to begin construction.
MoreForeclosures surge in most states, including Indiana
March 15, 2012
Associated PressIndiana saw default notices climb 37 percent in February compared to February 2011. Scheduled home auctions were up 92 percent
from the previous year.
MoreThree Anderson workers fired over relatives' HUD funds
March 14, 2012
Associated PressThree employees of an Anderson department that receives federal money for affordable housing have been fired for failing to
notify city and federal officials that they had relatives whose housing was paid for with the funds.
MoreBuilding-permit activity rises in February
March 14, 2012
The nine-county Indianapolis area rebounded from a slow January to post a 40-percent year-over-year increase in building permits
last month.
MoreZionsville real estate schemer sentenced to 30 months
March 14, 2012
Kathleen McLaughlinA Zionsville man who pushed real-estate investing schemes has been sentenced to 30 months in prison after pleading guilty
to wire fraud and money laundering.
MorePlans call for apartment conversion of 10-story American Building
March 13, 2012
Cory SchoutenThe Whitsett Group and Ambrose Property Group expect to spend $7 million to $10 million to retrofit the building at 333 N.
Pennsylvania St. to accommodate 72 apartments.
MoreArea home sales stay on upward path in February
March 12, 2012
IBJ StaffPurchase agreements in the nine-county area tracked by F.C. Tucker hit 1,728, a 14.7-percent increase over February 2011.
The increase marked the 10th straight month of year-over-year improvement.
MoreDeveloper breaks ground on Bush Stadium project
March 10, 2012
The project by developer John Watson’s Core Redevelopment calls for preserving the stadium’s historic façade
and shell as part of the 131-unit Stadium Lofts apartments, along with an adjacent 132-unit apartment community called Stadium
Flats.
MoreFixes to historic preservation tax credits may have to wait
March 6, 2012
Cory SchoutenFixes to the state's historic preservation tax credit program pushed by Indiana Landmarks may have to wait another year
after the Indiana Senate put the brakes on a bill that garnered unanimous support from the Indiana House.
MoreState economy finally gaining traction
March 3, 2012
J.K. WallLeading indicators for Indiana's economy are looking up: Banks are increasing lending, real estate developers are pulling
the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including
automobiles.
MoreWest-side apartment complex to house veterans
February 29, 2012
Lincoln Apartments is set to be built on the city's west side, near the Richard L. Roudebush VA Medical Center. The project
will be financed with $11 million in rental housing tax credits.
MoreCityWay designed to integrate retail, housing, hotel, YMCA
February 25, 2012
Marc D. AllanArchitects were told to push the envelope and integrate. Be mindful of where you are in the city and integrate well.
MoreNew-home construction off to mild start
February 23, 2012
Scott OlsonBuilding permits filed in the nine-county Indianapolis metropolitan area totaled 194 in January, a 2-percent dip from the
same time last year. But industry leaders are cautiously optimistic.
MoreTax credits spur city apartment construction
February 18, 2012
Scott OlsonIncrease in federal funding helps developers finance projects that include mixed-income rental housing.
MoreDeveloper plans $15.7M senior-living center on east side
February 17, 2012
Scott OlsonThe city of Indianapolis approved the project after accepting Mainstreet Property Group's offer to purchase the property at
16th Street and Arlington Avenue for $912,500.
MoreForeclosure activity edges higher in January
February 16, 2012
Associated PressBanks took back more U.S. homes in January than in the previous month, the latest sign that foreclosures are accelerating
after slowing sharply last year. Foreclosures were up 69 percent in Indiana compared to January 2011.
MoreHome-sale agreements for Indy area jump in January
February 13, 2012
Sales of existing homes in the Indianapolis area are off to a strong start in 2012, with the number of sales agreements increasing
13.4 percent in January compared with the same month a year earlier.
MoreGlick center receives $6.3 million federal grant
February 9, 2012
The funds will be used to construct a three-story, independent-living facility consisting of 50 one-bedroom units for low-income
senior citizens at the neighborhood center on Indianapolis' northwest side.
MoreNew mixed-use project holds promise for building across street
January 31, 2012
Tom HartonAn 82-year-old downtown commercial building that’s had trouble luring tenants is suddenly positioned to thrive courtesy
of an $85 million mixed-use project planned for a site right across the street.
MoreFew in Indiana using state fund to avoid foreclosure
January 30, 2012
Associated PressA state program created to help Indiana residents avoid foreclosure by providing them with 10-year loans is seeing few takers
even though the state's foreclosure rate is among the highest in the nation.
MoreApartments rev up residential revival downtown
January 28, 2012
Cory SchoutenAn apartment building spree downtown is getting fresh fuel with an $85 million mixed-use development that will be anchored
by a Marsh grocery.
MoreBuilder's bookkeeper gets 18-month sentence for theft
January 25, 2012
IBJ Staff and Associated PressKim Hutchison, 52, the former treasurer of Greenwood-based J. Greg Allen Builders and Princeton Homes, has been sentenced
to 18 months in prison for allegedly stealing more than $446,000 from the now-closed companies.
MoreMarsh to anchor massive new downtown development
January 24, 2012
Cory SchoutenA local developer plans to build a Marsh grocery store and hundreds of apartments in an $85 million project that would replace
a block and a half of surface parking lots in the northwest quadrant of downtown.
MoreCentral Indiana home sales improved slightly in 2011
January 24, 2012
Closed sales last year inched up 1.2 percent in 13 area counties and jumped 18.3 percent from July through December, bolstered
by a 7.2-percent increase during the last month of 2011.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!