Magazine article Black Enterprise

Going Back to Indiana: Max Siegel Sports the Circle City

Magazine article Black Enterprise

Going Back to Indiana: Max Siegel Sports the Circle City

Article excerpt

Indianapolis usually brings to mind Hoosier dreams and the Indy 500. But the nation's twelfth largest city--often described as having small-town charm cosmopolitan style--also has a rich African American heritage. Madame C. Kenneth "Babyface" Edmonds attorney and record executive Max Siegel are counted among the city's notables.

Siegel, president of Verity Records and senior vice president of Jive, spends his workweek in New York but looks forward to relaxing in his lakeside home on weekends. "A lot of people think [Indianapolis is] country, but it's really not [And] the quality of life here is very affordable. I probably pay less for my home on a two-acre lot than most people do for a 1,500-square-foot apartment in Manhattan," he says. At the time of this article, the average price of a single-family home in Indianapolis was less than $140.000.

The unemployment rate in Indianapolis is less than 5% and the average salary s above mat of the rest of me country. …

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