Kosene becoming full-service residential brokerage
Kosene & Kosene is launching a full-service residential real estate brokerage, in part to counter a tough development
market.
Tom Harton
Articles
Retail space rises in Carmel
Retail construction has all but ground to a halt because of the recession, but that’s not the case in Carmel, where Keystone Construction Corp. is in the midst of developing a $45 million, mixed-use project.
Van Rooy scoops up troubled complex
Van Rooy Properties plans to spend $5.5 million renovating a 277-unit west side apartment complex that it acquired a month
ago in an unusual deal.
Properties in play along Market Street
Four properties for sale along a two-block stretch of East Market Street downtown are likely to offer the first signs of what’s
in store for an area real estate brokers think will get a boost from the recent removal of the Market Street interstate ramp.
Law firm sticks with unconventional space
With its expansion last month into the historic Eden-Talbott House at 1336 N. Delaware St., the local environmental law firm
Plews Shadley Racher & Braun now owns and occupies three historic homes and a 1950s-era office building in the same block.
Apartments near downtown canal slated for rehab
A local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
It’s a buyer’s market for apartments-WEB ONLY
When the market for single-family houses began to fall apart last fall, the prevailing wisdom was that the crash would be good for the owners of apartment complexes. But the recession is taking its toll on multi-family housing as well, putting the brakes on new developments and driving down prices of existing complexes. Projections at […]
New downtown historic district in works-WEB ONLY
Buildings on Monument Circle and its immediate surroundings would be protected from demolition and inappropriate alteration under plans being drawn to create a new downtown historic district. The Indianapolis Historic Preservation Commission, a unit of city government, is working on creation of the Monument Circle-Downtown Historic District using $15,000 in funding from the Central Indiana […]
Housing market shows improvement-WEB ONLY
Housing inventories fell last month in almost all Indianapolis-area submarkets, according to a monthly report on local residential real estate, fueling hope that the market will continue improving as supply falls to healthy levels. And at least one prominent developer of new houses sees signs of a turnaround. The number of homes for sale in […]
Rehabbed midtown building fills up-WEB ONLY
Local accounting firm London Witte Group LLC’s decision last June to take a chance on an empty midtown office building is suddenly looking like a winner. The former Grain Dealers Mutual Insurance building at 18th and Meridian streets is now essentially fully leased thanks to an agreement by Clarian Health Partners to occupy the bulk […]
Vacant dealerships join already rocky real estate market
The owners of car dealerships slated for closure by Chrysler and General Motors face a tough environment for unloading their
real estate, but an expected onslaught of such properties has at least one company preparing to grab a slice of the business.
Vacant dealerships join already rocky market-WEB ONLY
The owners of car dealerships slated for closure by Chrysler and General Motors face a tough environment for unloading their real estate, but an expected onslaught of such properties has at least one company preparing to grab a slice of the business. CB Richard Ellis has formed an Automobile Dealership Services group to dispose of […]
Commentary: Jim Browning, a champion of the city
It was probably 15 years ago when Jim Browning called and invited me to lunch for the first time. I don’t recall why he extended the invitation, but I remember from the lunch that he was interested in what I had to say. And that surprised me. I didn’t know Jim then, but I knew of him through his architecture firm, Browning Day Mullins Dierdorf. I also associated him with the group of bold civic leaders who came up with…
Commentary: Here’s the skinny on why we’re fat
A week rarely passes without news of our obesity epidemic. Fattest-state rankings and the like are a staple of our news diet. These stories are often served with dire health warnings, which politicians invoke when they encourage us to eat less and exercise more. But does anyone really stop to think about why obesity has become our national obsession? Our infamous rotundness isn’t only a byproduct of poor eating habits and a reluctance to hit the gym. Chalk some of…
Commentary: We can learn some things from Turkey
Turkey isn’t high on the list of countries Americans visit. Tell friends you’re going to France and they congratulate you. Tell them you’re going to Turkey, and they ask why. They might follow the why with a reference to the movie “Midnight Express,” a 1978 film about an American’s nightmarish experience in a Turkish prison. Midnight Express had such a negative effect on Americans’ perceptions of Turkey that the man who wrote the book the movie is based upon recently…