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Appeals court rules for Indianapolis in dispute over trouble condo’s receivership (IN)

/ Owner - September 22, 2020

Court orders in favor of the city of Indianapolis in the latest of long-running disputes over a dilapidated condominium development on the city’s northeast side were upheld on appeal Tuesday, including an order that the condo corporation and members pay half of a receiver’s fees.  The litigation is the third appeal involving the Towne & Terrace condominium near 42nd Street and Post Road. Built in 1964, the condos, many units of which are owned by the city, have fallen into disrepair and have been left vacant and boarded up, creating a “hotbed for crime,” court records say.     Read the article…………………………….

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