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Progressive aldermen guard their privilege
News 2 days ago
Progressive aldermen guard their privilege

City Council progressive crusaders, like the Machine counterparts who came before them, are finding the old-school tactic handy as they advance...

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A few reasons to be optimistic about property tax relief. Really.
News 2 days ago
A few reasons to be optimistic about property tax relief. Really.

A working group of lawmakers is seeking ways to cut the state's property taxes-and there actually is cause to think they have a shot at making it...

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The corporate head tax is an idea that just won't die
News 2 days ago
The corporate head tax is an idea that just won't die

If you think the head tax-the per-employee levy repealed in 2014-is dead, think again. And while you're at it, consider Denver, which progressives...

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Five architectural standouts that rose above the rest in 2019
News 2 days ago
Five architectural standouts that rose above the rest in 2019

While developers and architects certainly need to keep their eyes on the bottom line, new buildings "are much more than just economic equations,"...

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Lightfoot aims to tackle traffic congestion, pollution and transportation inequity
News 3 days ago
Lightfoot aims to tackle traffic congestion, pollution and transportation inequity

Chicago will be a more equitable city if it supports cleaner, more affordable transportation options and invests in public transit for the...

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Kroger needs to pare down its grocery list
News 3 days ago
Kroger needs to pare down its grocery list

Today's earnings report is the latest reason to doubt the parent of Mariano's will be able to transform itself for a more digital-centric future...

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Big new suburban warehouses fetch nearly $200 million
News 3 days ago
Big new suburban warehouses fetch nearly $200 million

One of the biggest local warehouse sales in the past few years, the deal underscores the strength of the industrial real estate market. A local...

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Want to pay your property taxes early? Here's how.
News 4 days ago
Want to pay your property taxes early? Here's how.

For those who feel the need to pay ever more after taking care of their holiday bills, Cook County Treasurer Maria Pappas has a deal for you. First...

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The Obama Presidential Center in Jackson Park is not a done deal
News 4 days ago
The Obama Presidential Center in Jackson Park is not a done deal

It's not too late for the city and Obama Foundation to do the right thing. They can still quite literally rethink the dubious OPC project from the...

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Chicago’s nonprofit hospitals earn and deserve tax exemption
News 5 days ago
Chicago’s nonprofit hospitals earn and deserve tax exemption

For more than a century, Illinois court decisions - including a state Supreme Court ruling last year - have held that nonprofit hospitals should...

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Big Gold Coast condos-to-apartments deal closes—finally
News 6 days ago
Big Gold Coast condos-to-apartments deal closes—finally

The miracle on Lake Shore Drive? At $107 million, it's the most ever paid in a condo deconversion in Chicago-and possibly the country. It took...

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Developer to disclose plans for Fulton River District apartment tower
News 6 days ago
Developer to disclose plans for Fulton River District apartment tower

Chicago developer Habitat is moving forward with a proposed 33-story apartment tower in the Fulton River District, with plans to unveil the design...

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Don't read too much into Michigan's weed launch. Here's why.
News 1 week ago
Don't read too much into Michigan's weed launch. Here's why.

In Ann Arbor, Mich., yesterday, hundreds of people lined up at three Ann Arbor recreational marijuana provisioning centers in a scene described as ...

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In Michigan, hundreds line up for 1st day of recreational marijuana sales
News 1 week ago
In Michigan, hundreds line up for 1st day of recreational marijuana sales

The crowds snaking down sidewalks and around buildings in Ann Arbor all day indicated that the state's first licensees were benefiting from the...

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What Lightfoot's schedule in her first 100 days tells us about her priorities
News 1 week ago
What Lightfoot's schedule in her first 100 days tells us about her priorities

This exclusive exploration of her day-to-day activities during those critical weeks reveals a different working style from that of her predecessor....

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Lightfoot's first 100 days
News 1 week ago
Lightfoot's first 100 days

Mayor Lori were filled with press events, travel to the city's South and West sides, and some unusual one-on-one meetings, according to her public...

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Turns out Chicago's appetite for new dining options has limits
News 1 week ago
Turns out Chicago's appetite for new dining options has limits

Chicago's long restaurant boom has peaked, as rising costs, excess supply and dwindling demand are driving eateries out of business. The number of...

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No pay-to-play in the Cook County assessor's office
News 1 week ago
No pay-to-play in the Cook County assessor's office

Juliet Sorensen and John Elson's recent op-ed makes points that are valid and important about legal practitioners who donate to elected officials...

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Water Tower's condo board slashed fees. Will it speed up sales?
News 1 week ago
Water Tower's condo board slashed fees. Will it speed up sales?

Monthly assessments will be cut by about a third. Real estate agents see it giving units in the building a competitive edge in the market. The...

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Can a new broker turn Trump's losing space into a winner?
News 1 week ago
Can a new broker turn Trump's losing space into a winner?

A new broker has taken over one of the toughest jobs in Chicago real estate today: leasing the commercial space in Donald Trump's Chicago...

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Why are real estate investors avoiding Chicago?
News 1 week ago
Why are real estate investors avoiding Chicago?

Local commercial property sales fell 33 percent in the first nine months of the year. One possible reason: "Investors are struggling to come to...

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This 1920s Lincoln Park bank building will become 8 condos
News 1 week ago
This 1920s Lincoln Park bank building will become 8 condos

Familiar to passersby on Fullerton for the word "perfection" carved over the front door-a reference to the burial garment company that once...

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Chicago Park District budget stable, but pension woes remain
News 1 week ago
Chicago Park District budget stable, but pension woes remain

A proposed $487.6 million 2020 spending plan has no fee hikes and a small property tax increase, but also contains a familiar problem: pension...

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Backer of Time Out food hall has bigger plans for Fulton Market
News 1 week ago
Backer of Time Out food hall has bigger plans for Fulton Market

L3 Capital-a backer of the massive new Time Out Market Chicago food hall in the trendy corridor-bought a trio of nearby properties from Fifth Third...

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Last week's most-viewed real estate stories
News 2 weeks ago
Last week's most-viewed real estate stories

Crown Castle, a builder and owner of cellular towers, recently consolidated its west suburban offices in Downers Grove after looking at the Old...

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Why small commercial properties are unfairly taxed in Cook County
News 2 weeks ago
Why small commercial properties are unfairly taxed in Cook County

Small commercial properties are being unfairly taxed in Cook County. They are assessed at 2½ times the rate of larger "mixed-use properties" ...

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Here's another worry for local manufacturers
News 2 weeks ago
Here's another worry for local manufacturers

Filter manufacturer Permatron of Elk Grove Village pays about $40,000 a year in property taxes, but CEO Leslye Sandberg worries the bill will...

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The hottest property in the burbs now
News 2 weeks ago
The hottest property in the burbs now

Apartment developers hit the mother lode in Chicago, but they're finding riches in the suburbs, too. From Elmhurst to Evanston, they're stamping...

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It may already be too late for Macy’s
News 2 weeks ago
It may already be too late for Macy’s

A perspective that might not make those who miss Marshall Field's happy: Disappointing results show that the retail apocalypse may be coming sooner...

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Dennis Rodkin’s weekly weigh-in on the real estate market
News 2 weeks ago
Dennis Rodkin’s weekly weigh-in on the real estate market

Regional housing market numbers, Blackhawks goalie Corey Crawford buys in the West Loop, climbing prices in Pilsen and more: Here's the latest in...

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