  A new iridium containing layered cuprate material,
IrSr_2Sm_{1.15}Ce_{0.85}Cu_{2.175}O_{10, has been synthesized by conventional
ambient-pressure solid-state techniques. The material's structure has been
fully characterized by Rietveld refinement of high resolution synchrotron X-ray
diffraction data; tilts and rotations of the IrO_6 octahedra are observed as a
result of a bond mismatch between in-plane Ir-O and Cu-O bond lengths.
DC-susceptibility measurements evidence a complex set of magnetic transitions
upon cooling that are characteristic of a reentrant spin-glass ground-state.
The glassy character of the lowest temperature, Tg=10 K, transition is further
confirmed by AC-susceptibility measurements, showing a characteristic frequency
dependence that can be well fitted by the Vogel-Fulcher law and yields a value
of \Delta_(T_f)/[T_f \Delta log({\omega})] =0.015(1), typical of dilute
magnetic systems. Electronic transport measurements show the material to be
semiconducting at all temperatures with no transition to a superconducting
state. Negative magnetoresistance is observed when the material is cooled below
25 K, and the magnitude of this magnetoresistance is seen to increase upon
cooling to a value of MR = -9 % at 8 K.
