Search Results for:

You are here

Developer pitches TIF-free plan for South Loop megaproject
News 1 month ago
Developer pitches TIF-free plan for South Loop megaproject

Since city tax-increment financing has become politically radioactive, the company behind this plan to transform 20 million square feet of land...

Share
The highest place you can live in the Loop just sold
News 1 month ago
The highest place you can live in the Loop just sold

The view out across Lake Michigan from the 72nd-floor condo and its sheltered terrace "speaks for itself," said the agent who sold it. The unit is...

Share
Two suburban Mariano's sell for $77 million
News 1 month ago
Two suburban Mariano's sell for $77 million

A San Diego investment firm can't get enough of Mariano's, paying $77.3 million for two of the supermarket chain's stores in Wheaton and Orland...

Share
These are the most endangered buildings in Illinois
News 1 month ago
These are the most endangered buildings in Illinois

The Thompson Center in the Loop, a historical bank building in Woodlawn and two old homes in Glencoe are among the dozen sites on Landmarks...

Share
She disrupted the book promotion business
News 1 month ago
She disrupted the book promotion business

Tradition-bound New York publishers didn't have a clue how market new titles to a youthful audience wielding growing influence with book buyers....

Share
Will Sterling Bay's HQ sell for $200 million?
News 1 month ago
Will Sterling Bay's HQ sell for $200 million?

Chicago developer Sterling Bay has put its Fulton Market headquarters on the market, a building that could fetch as much as $200 million. The 290...

Share
Big boxes becoming a big headache for shopping center landlords
News 1 month ago
Big boxes becoming a big headache for shopping center landlords

With big chains like Carson's going out of business or closing stores, the amount of available retail anchor space-the biggest stores in shopping...

Share
City fund from developer payments makes $25 million in grants
News 1 month ago
City fund from developer payments makes $25 million in grants

A rendering of One Chicago Square, a 76-story residential high-rise under construction in River North. Chicago-based JDL Development agreed to pay ...

Share
LaSalle Street office tower could fetch $280 million
News 1 month ago
LaSalle Street office tower could fetch $280 million

Tishman Speyer, which paid $211 million in 2013 for the 40-story building at 190 S. LaSalle, aims to cash out while demand for office space in the...

Share
Trump Tower condo hits the market at 20% below purchase price
News 1 month ago
Trump Tower condo hits the market at 20% below purchase price

A condo in the Trump International Hotel & Tower is on the market for about 20 percent less than its original price. The owners paid $2.3 million...

Share
Micro-hospitals provide macro community impact
News 1 month ago
Micro-hospitals provide macro community impact

In Illinois, safety-net hospitals, which depend on Medicaid payments, have come out to complain about the state's managed care program as stated in...

Share
Want to see what a $70K TV looks like?
News 1 month ago
Want to see what a $70K TV looks like?

Abt Electronics is the only place in the country displaying Samsung's much-ballyhooed 98-inch TV. Here's why the Glenview retailer gets a head...

Share
$500 million development gets Oak Brook green light
News 1 month ago
$500 million development gets Oak Brook green light

The Oak Brook Commons plan calls for the village's first apartments, as well as a hotel, restaurants, and retail and office space. Plans for the ...

Share
Chicago investors pick up Hoffman Estates rental complex
News 1 month ago
Chicago investors pick up Hoffman Estates rental complex

A Chicago residential real estate investor that's been ramping up its stake in the suburban apartment market just picked up its largest local...

Share
Health care laws protect citizens from whims of corporations
News 1 month ago
Health care laws protect citizens from whims of corporations

In Illinois we have special laws for buying, selling, and closing hospitals. Those laws protect communities in need of reliable access to health...

Share
Lessons from New York, L.A. and beyond
News 1 month ago
Lessons from New York, L.A. and beyond

Ending aldermanic say-so entirely would be an overcorrection. Many residents-particularly from black and brown communities-have reason to distrust...

Share
Housing nonprofit faces reckoning over $85 million in debt
News 1 month ago
Housing nonprofit faces reckoning over $85 million in debt

Ohio-based Better Housing Foundation expects to miss its June payments on nearly $85 million in bonds backed by about 1,000 South Side apartments....

Share
Westlake controversy shows where hospitals are headed
News 2 months ago
Westlake controversy shows where hospitals are headed

The battle over the proposed closure of a Melrose Park hospital is a sign of things to come for other community hospitals squeezed by tectonic...

Share
Trump's opportunity zone rules deliver on investors' wish list
News 2 months ago
Trump's opportunity zone rules deliver on investors' wish list

The Trump administration sought to clear away those hurdles Wednesday with new guidelines designed to meet investor wishes, while leaving...

Share
Want to live at the top of the South Loop? Here's your view.
News 2 months ago
Want to live at the top of the South Loop? Here's your view.

Next month, the first residents start moving into Nema Chicago, the tallest high-rise in the South Loop. With more than 2,500 apartments opening in...

Share
Boston-based affordable housing nonprofit expands its Chicago footprint
News 2 months ago
Boston-based affordable housing nonprofit expands its Chicago footprint

Preservation of Affordable Housing, a Boston-based nonprofit, has paid $24 million for six senior housing buildings in Harvey, South Chicago and...

Share
The 78 and Lincoln Yards will move the needle on minority hiring
News 2 months ago
The 78 and Lincoln Yards will move the needle on minority hiring

Mayor-elect Lori Lightfoot has been critical of the way tax-increment financing money has been deployed throughout the city, and her concerns-plus...

Share
Logan Square church-turned-apartments for sale
News 2 months ago
Logan Square church-turned-apartments for sale

A Chicago developer that converted one of the oldest churches in Logan Square into apartments has put the property up for sale with a price of $4.5...

Share
Most of Illinois is paying too much in taxes.
News 2 months ago
Most of Illinois is paying too much in taxes.

As winter gives way to spring, millions of Illinois residents are filing their annual state income taxes. And even though Illinois has far less...

Share
Tax incentives target poor neighborhoods but leave communities behind
News 2 months ago
Tax incentives target poor neighborhoods but leave communities behind

Earlier this month, a Chicago-based joint venture named Decennial group announced it is seeking to raise $1 billion of capital to invest in...

Share
A better solution than rent control
News 2 months ago
A better solution than rent control

As widely reported, the efforts in Springfield to lift the state ban on rent control were recently defeated. While it was determined that rent...

Share
Here's what a hike in real estate transfer taxes should support
News 2 months ago
Here's what a hike in real estate transfer taxes should support

There is a movement afoot to dramatically increase the amount of money provided by the Chicago Real Property Transfer Tax-the levy on sales of...

Share
Fulton Market firm wants to build hotel, offices on its HQ site
News 2 months ago
Fulton Market firm wants to build hotel, offices on its HQ site

An architecture firm wants to redevelop the site of its headquarters in Fulton Market into a 12-story hotel and six-story office building....

Share
The highest-ranked small companies
News 2 months ago
The highest-ranked small companies

Is it really about the pingpong (or foosball) table? What makes a workplace family-friendly? These firms know. At monthly "innovation forums,"...

Share
What Lightfoot's handling of the Lincoln Yards standoff tells us
News 2 months ago
What Lightfoot's handling of the Lincoln Yards standoff tells us

For those who were wondering how Chicago's incoming mayor would balance the angst of a worried business community against the demands of a suddenly...

Share