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Sterling Bay-backed apartment factory gears up
News 3 days ago
Sterling Bay-backed apartment factory gears up

Chicago developer Sterling Bay is getting ready start construction on 30 apartments, and but the groundbreaking will be held in an unusual place:...

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What's Darwinian about retail space
News 4 days ago
What's Darwinian about retail space

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Today on Crain's Daily Gist, host Amy Guth talks with Crain's senior...

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Chicago is two cities when it comes to capital flows
News 5 days ago
Chicago is two cities when it comes to capital flows

Confirming a trend that many have suspected, capital investment flows as much as nine times more to affluent white Chicago neighborhoods than it...

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Phil Corboy looks to resell $6 million condo for $6.9 million
News 5 days ago
Phil Corboy looks to resell $6 million condo for $6.9 million

A couple who bought a $6 million condo last October in a hot new Gold Coast Tower but hadn't yet moved in say they got so many unsolicited offers...

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Suburban shopping center fetches $21 million
News 5 days ago
Suburban shopping center fetches $21 million

A New York-based retail real estate investment trust that has been shedding local properties sold a suburban shopping center for $21 million. Kimco...

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Maven car-sharing service to pull out of Chicago
News 5 days ago
Maven car-sharing service to pull out of Chicago

Maven, a car-sharing service owned by General Motors, is pulling out of Chicago and other cities. The service will shut down here July 26....

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Chicago taxi moguls tied to Michael Cohen list River North condo
News 6 days ago
Chicago taxi moguls tied to Michael Cohen list River North condo

A Chicago couple who control hundreds of taxis here and have invested in legal pot in Nevada listed a condo off North Michigan Avenue for sale...

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Old Post Office closes in on another big lease
News 1 week ago
Old Post Office closes in on another big lease

The developer overhauling the Old Main Post Office is close to snagging another big tenant, this time from the financial world. Federal Home Loan...

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Who signed off at Boeing?
News 1 week ago
Who signed off at Boeing?

If Boeing, as reported by Amy Guth on your "Daily Gist" podcast May 6, knew that the "extra cost" option was necessary to override the poorly...

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A new report shows just how much Chicago's Loop is booming
News 1 week ago
A new report shows just how much Chicago's Loop is booming

A new study from the Chicago Loop Alliance finds that the Loop remains one of Chicago's fastest-growing neighborhoods for residential development...

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Uber eyeing massive Post Office lease
News 1 week ago
Uber eyeing massive Post Office lease

Uber is in talks to lease about 450,000 square feet at the redeveloped Old Main Post Office, where the rapidly growing company could soon locate...

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Apartments planned on a rare empty North Side site
News 1 week ago
Apartments planned on a rare empty North Side site

A developer is proposing to build a six-story apartment building on rare piece of empty land on Sheridan Road in Edgewater. It's not clear how long...

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Renters in black neighborhoods evicted at twice the rate of those citywide
News 1 week ago
Renters in black neighborhoods evicted at twice the rate of those citywide

In Chicago's majority-black neighborhoods, renters are evicted at twice the rate of renters citywide, according to a study being released today....

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2 suburban Marriott Suites up for sale
News 1 week ago
2 suburban Marriott Suites up for sale

The world's largest lodging real estate investment trust is looking to cash out of the suburban Chicago hotel market, putting a pair of local...

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Trader Joe's opening first South Side location in Hyde Park
News 1 week ago
Trader Joe's opening first South Side location in Hyde Park

Trader Joe's is aiming to open a new store formerly occupied by Treasure Island Foods in Hyde Park this fall. The store will be located in the Hyde...

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Post Office developer lures companies to nearby revamped building
News 2 weeks ago
Post Office developer lures companies to nearby revamped building

The developer overhauling the Old Main Post Office has inked a series of leases at a nearby West Loop building, breathing new life into a property...

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Medical center's traumas illustrate struggle of all Medicaid-dependent hospitals
News 2 weeks ago
Medical center's traumas illustrate struggle of all Medicaid-dependent hospitals

At Community First Medical Center on the Northwest Side the other day, an intercom repeated, "Code diversion, cath lab." Dr. David Fishman, a...

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One Bennett Park is this year's 'it' building
News 2 weeks ago
One Bennett Park is this year's 'it' building

One set of buyers picked up a $6 million condo on the Gold Coast on May 7, the same day another paid $5.5 million for a condo in Streeterville. It...

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Cook's new assessor hits Springfield roadblock
News 2 weeks ago
Cook's new assessor hits Springfield roadblock

A bill to give Cook County Assessor Fritz Kaegi access to income tax and other data in commercial property assessments has hit at least a fair...

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Developer plans 33-story Fulton River District apartment tower
News 2 weeks ago
Developer plans 33-story Fulton River District apartment tower

When big office towers rise in a neighborhood, apartment developers aren't far behind. All those office workers need a place to live, after all....

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New York investor picks up distressed Lisle office complex
News 2 weeks ago
New York investor picks up distressed Lisle office complex

A New York real estate firm is joining the fray of investors aiming to turn around languishing office properties along Interstate 88 in the western...

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Balance investment in energy with affordability
News 2 weeks ago
Balance investment in energy with affordability

The future of energy policy in Illinois could soon be here. The major utilities, clean energy proponents and others are all pushing legislation at...

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What's the Ford City Mall worth? Not much
News 2 weeks ago
What's the Ford City Mall worth? Not much

A New York real estate investment firm has acquired the Ford City Mall on Chicago's Southwest Side, a big turnaround prospect in a shaky market for...

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Architecture firm honored for affordable-housing excellence
News 2 weeks ago
Architecture firm honored for affordable-housing excellence

In the past three decades, one Chicago architecture firm has designed about 5,000 units of affordable housing in the city. The firm is proud of the...

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Affordable housing that doesn't look like the usual
News 2 weeks ago
Affordable housing that doesn't look like the usual

In the past three decades, one Chicago architecture firm has designed about 5,000 units of affordable housing in the city. The firm is proud of the...

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Seven-tower downtown office collection for sale
News 2 weeks ago
Seven-tower downtown office collection for sale

The 45-story tower at 111 E. Wacker Drive is one of seven AmTrust Realty-owned Chicago office properties for sale. A New York real estate investor...

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Old Main Post Office tenants to get state tax credit money
News 2 weeks ago
Old Main Post Office tenants to get state tax credit money

Two units of Mariano's owner Kroger take a total of 130,000 square feet at the structure and will get a combined $4.5 million in Edge payroll...

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Giving Guide 2019
News 3 weeks ago
Giving Guide 2019

Ann & Robert H. Lurie Children's Hospital of Chicago is the top pediatric hospital in Illinois, and ranked in the top 10 nationally by U. S. News &...

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Pritzker interested in South Loop megaproject
News 3 weeks ago
Pritzker interested in South Loop megaproject

The governor's office says it's willing to consider a major subsidy for a proposed development near Soldier Field, but the deal is likely to be a...

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Waukegan apartments sell for $42 million
News 3 weeks ago
Waukegan apartments sell for $42 million

The sale highlights the strength of the suburban Chicago apartment market, which has lifted rents and property values over the past several years....

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