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With crisis, cannabis firms see a shot to get banking relief
News 2 months ago
With crisis, cannabis firms see a shot to get banking relief

The SAFE Banking Act, which passed the House last year but stalled in the Senate, could get tacked on to a future stimulus bill. Cannabis companies...

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Time to re-evaluate hospitals' tax-exempt status
News 2 months ago
Time to re-evaluate hospitals' tax-exempt status

I wish to compliment the insightful reporting by Stephanie Goldberg in Crain's April 6 edition about HCSC excessive executive pay ("Blue Cross...

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Inside a condo—with atrium—designed by trailblazing architect Gertrude Kerbis
News 2 months ago
Inside a condo—with atrium—designed by trailblazing architect Gertrude Kerbis

Coming on the market next week is a condominium in an unusual Lincoln Park building where each unit has a two-story glass-enclosed atrium, designed...

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Crain's 2020 Notable Women in Construction and Design
News 2 months ago
Crain's 2020 Notable Women in Construction and Design

These 49 women are notable for their career achievements in traditionally male-dominated sectors. A number have made inroads in the gritty...

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Banks pledge COVID housing relief in Chicago
News 2 months ago
Banks pledge COVID housing relief in Chicago

Mayor Lori Lightfoot joined bank officials and the heads of apartment and real estate associations to announce a declaration to provide relief to...

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A rent strike would make a bad situation worse
News 2 months ago
A rent strike would make a bad situation worse

Some housing advocates are urging all renters, regardless of their financial circumstances, to forego paying rent during this crisis. As housing...

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We've been failing the black community long before COVID-19
News 2 months ago
We've been failing the black community long before COVID-19

The Centers for Disease Control and Prevention already gave Chicago an F on minority health this year. New cases of diabetes were highest among...

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A return to normal isn't good enough
News 2 months ago
A return to normal isn't good enough

Increased risk for COVID-19 is not a product of race. It is a product of racism, through systematic disinvestment and discriminatory policies that...

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A time for Chicago's legal community to lead
News 2 months ago
A time for Chicago's legal community to lead

More than ever, we need to step up for our community's dedicated pro bono and legal aid organizations and the people who depend on them. As the...

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What a Fulton Market recovery might look like
News 2 months ago
What a Fulton Market recovery might look like

Fulton Market's growth streak seemed unstoppable-until the pandemic presented a speed bump to the rapidly transforming neighborhood. Crain's...

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Menards bans kids from stores as coronavirus safety measure
News 2 months ago
Menards bans kids from stores as coronavirus safety measure

Menard Inc. isn't letting children into its 327 home improvement stores across the U. S. Midwest, according to spokesperson Jeff Abbott. "We...

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Fight over a controversial shipping hub takes a COVID turn
News 2 months ago
Fight over a controversial shipping hub takes a COVID turn

Stephanie Irvine's war with an e-commerce shipping warehouse park proposed near Joliet began three years ago, just months after she bought her...

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Powerful biz groups sue to block Pritzker's new COVID sick-pay move
News 2 months ago
Powerful biz groups sue to block Pritzker's new COVID sick-pay move

A temporary restraining order blocks Gov. Pritzker's rule granting workers' compensation for essential employees ill with COVID, without proof they...

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DLA's co-chief in Chicago will run U.S. part of the law firm
News 2 months ago
DLA's co-chief in Chicago will run U.S. part of the law firm

Richard Chesley, a bankruptcy expert, has been named co-managing partner as the legal industry deals with coronavirus disruptions. Richard Chesley,...

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Neiman Marcus could file for bankruptcy within days
News 2 months ago
Neiman Marcus could file for bankruptcy within days

The U. S. department store operator is in the final stages of negotiating a loan that would amount to hundreds of millions of dollars and help...

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Grocery workers are unsung heroes of pandemic and should be designated first responders
News 2 months ago
Grocery workers are unsung heroes of pandemic and should be designated first responders

Local 881 UFCW members are putting in thousands of hours at risk to their own health to ensure stores remain stocked and sanitized, and will remain...

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It took a pandemic to usher in virtual home closings
News 2 months ago
It took a pandemic to usher in virtual home closings

Early in the COVID-19 crisis, title companies launched curbside service. Now some companies have made virtual closings possible. Crain's...

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Buy this island and the social distancing is built in
News 2 months ago
Buy this island and the social distancing is built in

A father and daughter never got around to building the pair of houses they planned on the two-acre island 52 miles northwest of the Loop on the...

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Developer takes over stalled Skokie apartment project
News 2 months ago
Developer takes over stalled Skokie apartment project

After taking over a stalled $73 million apartment project in downtown Skokie, Chicago developer John Murphy is searching for something that's hard...

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Chicago firm buys North Branch office property
News 2 months ago
Chicago firm buys North Branch office property

A Chicago real estate firm that has revamped a series of Northwest Side properties near the Chicago River has picked its next target. A venture of...

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Rules of the road for shopping amid COVID
News 2 months ago
Rules of the road for shopping amid COVID

The Illinois Retail Merchants Association today begins airing radio commercials statewide. "Our message is, if you're going to go to the store,...

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Which Chicago hotels will flunk the COVID stress test?
News 3 months ago
Which Chicago hotels will flunk the COVID stress test?

Some well-known establishments are among the most vulnerable, and many others face a grim outlook and difficult conversations with lenders in...

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Hospitals open in-house grocery stores for COVID care providers
News 3 months ago
Hospitals open in-house grocery stores for COVID care providers

Recognizing the long hours staffers are working, hospital systems including Chicago-based CommonSpirit are launching outlets where employees can...

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Restaurants fear going from 'closed' to 'space for lease' by July
News 3 months ago
Restaurants fear going from 'closed' to 'space for lease' by July

"I can negotiate April with my landlords; I know I'm going to need help in May and June," says Rob Katz of Chicago's Boka Group. But when Andrew...

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Ulta furloughing thousands of employees
News 3 months ago
Ulta furloughing thousands of employees

Ulta Beauty is furloughing "many" of its 44,000 full- and part-time workers as the retailer was forced to shutter its stand-alone retail locations...

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April rent is coming in. May is the worry now.
News 3 months ago
April rent is coming in. May is the worry now.

Rent collections have fallen this month, say local apartment landlords, but not as much as they expected. They're looking ahead to May 1, when even...

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Naperville firm buys west suburban office buildings
News 3 months ago
Naperville firm buys west suburban office buildings

A Naperville real estate firm bought two west suburban office buildings in a deal that netted a tidy profit for another local property investor. RE...

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Cresco plans to hire 250 in state for weed shops
News 3 months ago
Cresco plans to hire 250 in state for weed shops

As the coronavirus claims jobs by the thousands in restaurants, hotels and retail, marijuana company Cresco Labs is putting out the "help wanted"...

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Amazon workers extend protests, demand Little Village facility closed
News 3 months ago
Amazon workers extend protests, demand Little Village facility closed

A group of employees at one Southwest Side Amazon facility are striking for the second consecutive week, contending they were exposed to COVID-19...

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Lightfoot, municipal league push Raoul to loosen open records law
News 3 months ago
Lightfoot, municipal league push Raoul to loosen open records law

The attorney general is in the middle of a fight pitting a major press group against officials who say COVID-19 requires Freedom of Information Act...

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