Have a condo? Pay attention to percentage ownership
If you own a condominium, or plan to, read closely. You might not own exactly what you think. When his association levied a special assessment, a reader of this column was unhappy to learn he was charged 20 percent more than his upstairs neighbors. How could this be? It turned out his unit came with […]
Northwest Indiana: 'Right-to-work zone'
Photo by Thinkstock Northwest Indiana: ‘Right-to-work zone’ Illinois’ leaders need to accept that right-to-work laws won’t go away and that Illinois is surrounded by right-to-work states—a losing prospect for large new manufacturing plants. Illinois won’t become a right-to-work state, and I’m not arguing it should. There is, however, opportunity for manufacturing plants that demand […]
Northwest Indiana making a Regionwide bid for Amazon's Second Headquarters
Like a Powerball jackpot of hundreds of millions of dollars, the tantalizing prospect of landing the Amazon second headquarters could mean 50,000 six-figure corporate jobs and $5 billion in investment has made communities across the country undeterred by long odds. Gary took out an advertisement in Monday’s New York Times appealing directly to Amazon CEO […]
New Crown Point Eatery Nears Finish Line
CROWN POINT — Work continues in the downtown square on a new upscale casual restaurant that is Latin American in concept. Provecho is scheduled to open in November at the former site of Tequila Restaurante, 110 S. Main St. Chef/owner Chris Pappas has been overseeing major renovations occurring at the space that include a new […]
NWI Fall Festival Season is Underway!
Written by: Philip Potempa August 31st, 2017 Jean-Ann Morton and her daughter Jaimie of Westville consider the fall their favorite time of year for strolling festivals in Northwest Indiana. “When the weather is cooler, and with the changing of the seasons, it’s an entirely different experience,” said Jean-Ann, who rates her own community’s festival […]
What's so great about the Hoosier state? It's not Illinois.
A politician smiling for the cameras at a groundbreaking ceremony always makes for a silly image. But when Indiana Gov. Eric Holcomb showed up in Gary recently wearing a hard hat and holding a shovel, he was doing two important things: welcoming a trucking company from south suburban Chicago Ridge, and taking a dig […]
U.S. Steel Makes $261 Million Profit in Dramatic Swing From Disastrous First Quarter
What a difference a quarter can make. U.S. Steel’s fortunes changed after a disastrous first quarter in which the beleaguered steelmaker lost $180 million despite rising steel prices, leading to a massive sellout that slashed the company’s market value by 26 percent in a day. Then came the abrupt retirement of Chief Executive Officer Mario […]
You've Probably Never Heard of Indiana's Richest Town
Indiana’s richest town is home to just under 16,000 Hoosiers, and chances are you’ve never been there. St. John is the wealthiest town in Indiana, according to a new study by 24/7 Wall St. The study used data from the U.S. Census Bureau’s American Community Survey. This included median household incomes, poverty rates, median home […]
Why Your Home May Not Be Selling, Even in a Seller’s Market
Price and condition make a big difference, but other factors can also slow your home sale. Price and condition make a big difference, but other factors can also slow your home sale. By Teresa Mears March 10, 2017 Houses are selling fast in your city, so you think yours will be easy to sell – […]
6 Hard Truths About Buying a Fixer-Upper
6 hard truths about buying a fixer-upper The lure of the fixer-upper is tempting for buyers. The “bargain” price of a fixer, compared to the price of an average house nearby, makes a real estate agent’s phone ring off the hook with showing requests. The hard truth, however, is that fixers do not make […]