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Orpheum Office Building owners association sues Randy Johnston and Hubris Communications
06/30/2014 5:00 AM
07/01/2014 10:55 AM
WICHITA — Chris Owen and Randy Johnston purchased the fourth floor of the Orpheum Office Building for a steal last summer, but it's been anything but a bargain since then.
"We saw this and thought it might be a deal, and it turned out to be a really good deal, or so we thought," Owen says.
"They think they did their homework, but they didn't," says Ram Mofsowitz, president of the building's owners association.
At issue is the way utilities, janitorial services and other common expenses are calculated. The owners association has sued Johnston and Hubris Communications, where Owen is founder and president.
"Hubris is not involved in any way," Owen says. "That's a fishing expedition, and they know it."
Owen and Johnston purchased the floor for $3,000 at a sheriff's auction. Owen says they expected to have some fees associated with owning the floor.
"We obviously have no problem with that.”
He says the association divides costs of such things as electricity among owners of the building's seven floors even though he and Johnston now have a separate meter for their floor.
"This makes no sense," Owen says.
About Carrie Rengers
Carrie Rengers joined The Eagle's Business team in 2002 despite her inability to even balance a checkbook. Fortunately for her, and readers, her Have You Heard? blog is about business scoops and contains lots of news but almost no math.
A Michigan native, Carrie’s father was quite tragically transferred to Little Rock, Ark., in the middle of her sophomore year of high school. To make matters worse, her parents put her in a girls school. She recovered, though, and went on to enjoy being an English major at Hendrix College (the Harvard of the Ozarks, don’t you know). She worked for the weekly Arkansas Business and the statewide daily Arkansas Democrat-Gazette before moving to Wichita to be with her favorite writer and cook, husband Joe Stumpe.
Carrie encourages readers to contact her with tips, questions, behind-the-scenes business news and even funny quotes from business people. Reach her at 316-268-6340 or email@example.com.
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