Only about $3 billion of retail real estate changed hands in April, a 27 percent drop from a year earlier and the lowest monthly tally since February 2013.
Core Redevelopment is buying the building, which houses 36 affordable-housing units, and plans to boost the number of apartments to at least 52 as part of the conversion.
Christine Altman, who has held the District 1 seat since 2002, faces a challenger who promises to make county commissioner his only job if he’s elected.
University officials have identified key entry points around the sprawling campus—two on the east side, two on the west and one to the north—where they want the signage erected.
A sale of Jenbacher, which makes engines that generate power and heat for industrial facilities, is poised to be GE’s biggest to date in CEO John Flannery’s plan to reshape the company.
Senate candidate Todd Rokita likely violated ethics laws as Indiana’s secretary of state by repeatedly accessing a Republican donor database from his government office, three former GOP officials say.
The company’s board is asking shareholders to support two corporate-governance proposals, including one that would eliminate a requirement that buyout bids garner at least 80 percent shareholder approval.
City and tourism officials had requested proposals for a hotel that would rival the 1,004-room JW Marriott and include ballroom space integral to attracting more conventions to the city.
Toys “R” Us Inc., which has three Indianapolis-area stores, is expected to liquidate its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
Since starting a wellness program in 2010, IndyGo has seen employee participation climb from just a few, skeptical workers to 97 percent of the workforce.
