Economy Section :: Page 59

• Chappelle buys Kings Yard

  By Diane ChiddisterApril 8, 2010

  A local auction took an unexpected twist last Friday afternoon when comedian and community resident Dave Chappelle became the new owner of the north end of Kings Yard.

• Asha Morgan steps down from Creative Memories

  By Diane ChiddisterApril 7, 2010

  

  Asha Morgan has stepped down from the leadership of Creative Memories, the St. Cloud, Minn., subsidiary of The Antioch Company, according to an April 7 article in the St. Cloud Times. The leadership change is the first time since The Antioch Company was founded in 1926 by Morgan’s grandfather, Ernest Morgan, that the company has not been led by a member of the Morgan family.

• Chappelle buys Kings Yard Building

  By Diane ChiddisterApril 2, 2010

  

  Comedian and local resident Dave Chappelle is the new owner of the northern section of Kings Yard after an auction in which he outbid local real estate owner Bob Baldwin. The 7,500 square foot building houses 10 retail spaces in Kings Yard.

• Holidays OK for most businesses

  By Diane ChiddisterMarch 11, 2010

  The recent holiday season was better than the one before for many downtown merchants, and other stores had sales either comparable or slightly down from last year, according to recent interviews with a dozen owners. Most merchants felt satisfied with their sales, given the state of the national economy. However, they had to work hard and be smart to weather the holidays in a recession, and several linked their stability to their own adjusted business practices.

• Kings Yard building for sale

  By Lauren Heaton

  After nearly 30 years under the ownership of one Springfield family, the long building that houses most Kings Yard shops will be sold at auction at 4 p.m. on Friday, April 2, at the Bryan Community Center. The building houses 10 retail spaces, nine of which are currently occupied, and the sale includes an adjoining wooded property to the north behind the post office.

• Lawyers offer foreclosure support

  By Lauren HeatonJanuary 28, 2010

  For at least one Yellow Springs homeowner, the past year has been unforgettable. In the fall of 2008, his mortgage company granted him a three-month forbearance on the monthly payments for his home in the village. Having no steady income due to an ongoing health issue, the homeowner received a second forbearance in early 2009, and then was told in the spring that unless he could begin making his monthly $1,000 mortgage payments, the lender would begin foreclosure proceedings on his house.

• Job growth at YSI Incorporated

  By Diane Chiddister

  For most businesses, 2009 was a year to cut jobs, not to add them. However, the story was more upbeat for YSI Incorporated in Yellow Springs.

  “The company did well last year,” CEO Rick Omlor said in an interview last week. “We had a number of things go the right way. We are pleased.”

• Former Antioch Company employees sue leaders

  By Diane ChiddisterJanuary 7, 2010

  A large group of former Antioch Company employees has filed a lawsuit against company leaders, charging that in recent years those leaders placed their own financial interests before the welfare of the company as a whole, leading to actions that forced the company into bankruptcy and the loss of more than $20 million in employees’ retirement funds.

• With assistance, business can thrive in Yellow Springs

  By Lauren HeatonNovember 26, 2009

  According to the most recent business survey update sponsored by Yellow Springs Community Resources, the village is a pretty good place to do business. Business owners like the village’s location, personality and walkability, and even in a slumped economy, a number of local outfits plan to expand here. But business owners also perceive barriers to growth, including the cost of doing business in the village, the lackluster appearance of the central business district and the age-old concern with lack of parking space downtown.

• New economic position filled

  By Diane ChiddisterNovember 19, 2009

  

  At the Nov. 16 Village Council meeting, Village Manager Mark Cundiff announced that the Village has hired Sarah Wildman as its new economic sustainability coordinator.

  “She has a great deal of experience in economic development in a small community as well as a background in the arts,” Cundiff said in an interview on Tuesday. “She’ll bring a lot of energy to the job.”