Downtown condo association again files suit for building damage
Residents of the Hudson condominium complex are suing the owner after the latest round of problems caused $6 million in damage to the structure.
Residents of the Hudson condominium complex are suing the owner after the latest round of problems caused $6 million in damage to the structure.
J.C. Hart Co. has bought land at the northwest corner of East 66th and Ferguson streets from three local real estate professionals. It plans to build the $17 million Park 66 Flats project on the site.
The 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.
Former 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.
Principals in Kosene & Kosene Development have sued a former partner, claiming he’s trying to cut them out of a city-supported deal to redevelop the former Bank One Operations Center downtown.
Kosene & Kosene is launching a full-service residential real estate brokerage, in part to counter a tough development
market.
Locally based Barrett & Stokely Inc. has taken over management of The Maxwell Apartments downtown at 530 E. Ohio St. The community
already is about 50 percent occupied.
Sluggish condo sales have led developer Kosene & Kosene Residential to consider turning its latest downtown project, The
Maxwell,
into apartments.
Indianapolis developer Kosene & Kosene is battling buyers over a $500 million condo project near Fort Myers.
Kosene & Kosene Residential Inc. pioneered the downtown market for new-construction condos with luxury projects named after
classic cars. Now, the locally based company is striving to attract buyers for its latest project by adding a new standard
feature: affordability.