Search Results for:

You are here

How exactly would this deconversion ordinance help condo owners?
News 4 weeks ago
How exactly would this deconversion ordinance help condo owners?

The measure, which the City Council passed today, will do nothing to protect elderly residents, address the issue of "predatory buyers" or curtail...

Share
Developer doubles down on Fulton Market
News 4 weeks ago
Developer doubles down on Fulton Market

As Trammell Crow builds a 14-story office building on the corridor's western edge, it's hoping to place a similar bet closer to Google's Midwest...

Share
Dispensaries may have to rethink their real estate options
News 4 weeks ago
Dispensaries may have to rethink their real estate options

Marijuana companies that were coveting the busiest parts of downtown for new retail dispensaries are in for a buzzkill. Much of downtown-between...

Share
Cboe confirms HQ move to Old Post Office
News 4 weeks ago
Cboe confirms HQ move to Old Post Office

Cboe Global Markets, the biggest U. S. options exchange, announced today it will move its South Loop headquarters west to the Old Post Office and...

Share
Did the Illinois Legislature bet too high on new casinos?
News 1 month ago
Did the Illinois Legislature bet too high on new casinos?

New data suggests that outside of video poker, state gambling revenues are in a long-term funk. But money from new casinos is exactly what...

Share
Cinespace not welcome
News 1 month ago
Cinespace not welcome

I read your article regarding the renewal of the state tax breaks for Cinespace Film Studio ("Pritzker renews state's film tax credit," Aug. 1). I...

Share
Walgreens, late to the beauty party, may have missed the peak
News 1 month ago
Walgreens, late to the beauty party, may have missed the peak

Long the one bright spot in a dismal retail environment, beauty is showing signs of a slowdown. That's bad news for the drugstore chain, which has...

Share
Lightfoot would be wise to steer clear of these tax ideas
News 1 month ago
Lightfoot would be wise to steer clear of these tax ideas

Some in City Hall seem to see the central business district as a bottomless pot of gold to mine for tax revenue. But they're ignoring some...

Share
A warning sign that City Hall should heed
News 1 month ago
A warning sign that City Hall should heed

As Mayor Lori Lightfoot prepares to present her critical first city budget, a key indicator of the health of the downtown office market has begun...

Share
It could get harder to sell all the condos in one building
News 1 month ago
It could get harder to sell all the condos in one building

Chicago Aldermen are proposing that 85 percent of owners in a condo building approve a sale of all the units in bulk for a deal to go through. That...

Share
General Iron will close Lincoln Park site next year
News 1 month ago
General Iron will close Lincoln Park site next year

Undoing one of the last moves of the Emanuel administration, Team Lightfoot has struck a deal with the scrap metal recycler to shut down its North...

Share
PMDs aren't obsolete—and Lightfoot is right to back this one
News 1 month ago
PMDs aren't obsolete—and Lightfoot is right to back this one

The city's plan to modernize the Kinzie Industrial Corridor will introduce certainty back into the market and encourage people to once again make...

Share
Industrial corridor near Fulton Market opening up to new development
News 1 month ago
Industrial corridor near Fulton Market opening up to new development

Aldermen on the City Council's Zoning Committee today approved changes to the Kinzie Industrial Corridor, which will allow some of nearby Fulton...

Share
Vintage Streeterville apartment building hits the market
News 1 month ago
Vintage Streeterville apartment building hits the market

Built in 1924, the Seneca was one of several residential hotels in the city that opened in the Roaring '20s. It last sold in late 2014 for about ...

Share
Head tax, LaSalle Street tax, vacancy tax on progressives' checklist for Lightfoot
News 1 month ago
Head tax, LaSalle Street tax, vacancy tax on progressives' checklist for Lightfoot

A coalition of groups and a handful of aldermen are getting specific about increases to a bevy of taxes to fill Chicago's budget hole-many of which...

Share
Lender to sell Waldorf Astoria after seizing it from owner
News 1 month ago
Lender to sell Waldorf Astoria after seizing it from owner

Hotelier Laurence Geller and real estate investor Wanxiang America Real Estate Group recently handed over the keys to the luxury Gold Coast hotel...

Share
Uber to add 2,000 jobs in Chicago in 3 years
News 1 month ago
Uber to add 2,000 jobs in Chicago in 3 years

The ride-hailing firm's logistics unit, Uber Freight, will be headquartered here, and the city will be home to its largest tech center outside San...

Share
Uber makes a huge bet on Chicago
News 1 month ago
Uber makes a huge bet on Chicago

Adding 2,000 jobs over three years, the ride-hailing company will headquarter its Uber Freight unit at the red-hot Old Post Office and make Chicago...

Share
Last week's most-viewed real estate stories
News 1 month ago
Last week's most-viewed real estate stories

News of legal spat over a $2.2 million Lakeview project tops our list of the most-popular real estate stories last week on ChicagoBusiness.com. The...

Share
Luxury apartment rents breach the $4 barrier
News 1 month ago
Luxury apartment rents breach the $4 barrier

If you're apartment hunting in Chicago and money is no object, you might want to check out One Bennett Park in Streeterville or the Sinclair in the...

Share
Look inside mega-developer John Buck’s East Lake Shore Drive $11.5M co-op
News 1 month ago
Look inside mega-developer John Buck’s East Lake Shore Drive $11.5M co-op

Buck, who's built numerous Chicago high rises in the past four decades, has owned the 23-room duplex in a Benjamin Marshall building at 199 E. Lake...

Share
Please don't open-carry guns in here
News 1 month ago
Please don't open-carry guns in here

The pharmacy giant, joining Kroger and Walmart, said in a statement it is "asking our customers to no longer openly carry firearms into our stores...

Share
Historical synagogue in Logan Square converting to apartments
News 1 month ago
Historical synagogue in Logan Square converting to apartments

The building on Palmer Street, built in the mid-1920s by a Jewish congregation and later home to a Boys & Girls Club, will have 14 rentals behind...

Share
Slow refund checks for Water Tower residents—including the county treasurer—lead to proposed fee
News 1 month ago
Slow refund checks for Water Tower residents—including the county treasurer—lead to proposed fee

A Cook County committee took the first step toward instituting a fee for law firms and others that win property tax appeals and don't promptly turn...

Share
This apartment building was torn down before anybody moved in. Here’s why.
News 1 month ago
This apartment building was torn down before anybody moved in. Here’s why.

The $2.2 million project stood empty and unfinished in Lakeview for more than two years before it was demolished this summer after a legal dispute...

Share
Camping World abandons outdoor retail strategy
News 1 month ago
Camping World abandons outdoor retail strategy

Camping World is moving away from its strategy of acquiring outdoor retail stores to create business synergies with its existing RV outlets. In a...

Share
Conagra chairman lists Palmolive Building condo
News 1 month ago
Conagra chairman lists Palmolive Building condo

Rick Lenny and his wife, Susan, are asking a little more than 2 percent over what they paid for the 16th-floor condo about five years ago. The...

Share
The top local tech company isn't where you think
News 1 month ago
The top local tech company isn't where you think

You won't find Chicago's best-performing technology company among the digerati in converted lofts and warehouses on the Near West Side. It's out in...

Share
A multimillion-dollar miscalculation in Winnetka
News 1 month ago
A multimillion-dollar miscalculation in Winnetka

At the corner of Elm Street and Lincoln Avenue in Winnetka, look north and the neighborhood is humming, as people come and go from a coffeehouse, a...

Share
Tax biz to fill budget hole
News 1 month ago
Tax biz to fill budget hole

A day before the mayor's "State of the City" address, some progressive City Council members and advocates are calling for her to reinstate a...

Share