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A holding company associated with the Herb Simon family is suing the owners of the former Invy Nightclub in downtown Indianapolis, alleging they’ve failed to remove personal property from the building since the lease ended last summer.
The lawsuit was filed Feb. 23 in Marion Superior Court by 231 & 235 S. Meridian Development LLC, a holding company owned by the family.
In December, the Indianapolis Business Journal reported that the family had purchased several properties along downtown’s South Meridian Street bar belt, including the building housing the nightclub, 225 S. Meridian St., and a parking lot at 239 S. Meridian St.
Revel Bar Indy LLC, which owns Invy Nightclub, was a tenant of the building’s previous owner, according to the complaint, with an initial lease dated Oct. 23, 2023, and extended through July 20, 2025. According to the complaint, 231 & 235 S. Meridian Development served the nightclub with a notice of default on Aug. 27, 2025, indicating a failure to pay rent for use of the space and asserting the right to deem the remaining property abandoned.
231 & 235 S. Meridian Development says Invy Nightclub’s owners still have yet to clear all personal property out of the space. Pursuant to the terms of the lease, the tenant is responsible for expenses incurred by the landlord related to the removal of personal property, the plaintiffs argue.
231 & 235 S. Meridian Development is asking the court to declare that the tenant breached its lease by not removing all of its property and that the left property can now be deemed abandoned so the family can dispose of it.
Representatives for the Simon family and 231 & 235 S. Meridian Development did not immediately respond to The Indiana Lawyer’s requests for comment.
Phone numbers listed for Revel Bar Indy and Invy Nightclub were disconnected. The Indiana Lawyer emailed an address associated with the registered agent for Revel Bar Indy but did not immediately receive a response.
The purchase of 235 and 239 S. Meridian St. came several months after the Simons, through 231 & 235 S. Meridian Development, acquired two historic buildings at those addresses, which were home to a few different entertainment-based businesses, including the former Tiki Bob’s Cantina.
The case is 231 & 235 S. Meridian Development, LLC v. Revel Bar Indy, LLC, 49D01-2602-CE-010056.
Editor’s note: This story has been updated to correct that the parcel at 239 S. Meridian St. is a parking lot, not a building.
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