Search Results for:
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...
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...
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If you think the head tax-the per-employee levy repealed in 2014-is dead, think again.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...
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,"...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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" ...
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...
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...
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...
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...