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Why Chicago's mission-driven developers have a spring in their step
News 2 months ago
Why Chicago's mission-driven developers have a spring in their step

Chicago real estate developers lost a champion in Rahm Emanuel when he left City Hall last month. But the future for those who specialize in...

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Willis Tower broker tapped to lease up Lincoln Yards
News 2 months ago
Willis Tower broker tapped to lease up Lincoln Yards

Sterling Bay has hired the leasing broker who helped lure companies to the city's tallest tower to pull off the same feat at Lincoln Yards. Joy...

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Internet sales tax overhaul takes aim at e-commerce giants
News 2 months ago
Internet sales tax overhaul takes aim at e-commerce giants

Illinois retailers and municipalities scored a victory with changes to the internet sales tax law projected to raise more revenue and provide...

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Boos at meeting on One Central megaproject
News 2 months ago
Boos at meeting on One Central megaproject

Residents voiced concerns at a meeting last night over the mixed-use One Central megadevelopment. But only about a dozen of the 200 or so residents...

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More private golf courses biting the dust
News 2 months ago
More private golf courses biting the dust

Mike Hansen, a Will County lawyer and golfer, had been a member at the private Joliet Country Club for more than four decades, but this season he's...

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Owner seeks near-record payout on Fulton Market office building
News 2 months ago
Owner seeks near-record payout on Fulton Market office building

A Fulton Market District pioneer that turned a surface parking lot on the doorstep to the trendy corridor into a fully-leased seven-story office...

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Ex-Bear Brandon Marshall sells Michigan Avenue condo at a loss
News 2 months ago
Ex-Bear Brandon Marshall sells Michigan Avenue condo at a loss

Former Chicago Bears wide receiver Brandon Marshall today sold his condo in a historic Michigan Avenue building for less than he paid for it five...

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Blackstone buying industrial portfolio for $18.7 billion
News 2 months ago
Blackstone buying industrial portfolio for $18.7 billion

That's how much the alternative investment manager is paying for 179 million square feet of urban logistics properties-the warehouses used by...

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Meet the stadium builder who wants to revamp a slice of the South Loop
News 2 months ago
Meet the stadium builder who wants to revamp a slice of the South Loop

When stadium developer Bob Dunn needs a reference, he can count on glowing endorsements from some big names in pro sports. People like Steve Tisch,...

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Why Chicago is starting to look like a real tech town
News 2 months ago
Why Chicago is starting to look like a real tech town

When Google's parent, Alphabet, decided to spin off a cybersecurity company from its skunkworks in Silicon Valley and needed to start building out...

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Chicago's United Way tackles health in Austin
News 2 months ago
Chicago's United Way tackles health in Austin

United Way of Metro Chicago is working with a local health tech startup to connect residents in the Austin neighborhood with community resources...

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We know what works to help students succeed. Are we willing to do it?
News 2 months ago
We know what works to help students succeed. Are we willing to do it?

Free college for all. Student loan debt forgiveness. These are just two of the big education ideas emerging from Democrats eyeing the White House...

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Out-of-town law firm to open Chicago office
News 2 months ago
Out-of-town law firm to open Chicago office

A law firm with roots in the United Kingdom is opening a Chicago office two years after a transatlantic merger. Eversheds Sutherland is the latest...

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State crackdown on energy suppliers on verge of becoming law
News 2 months ago
State crackdown on energy suppliers on verge of becoming law

With overwhelming evidence that the competitive market isn't benefiting households, Illinois is on the brink of enacting the first meaningful...

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Sterling Bay-backed apartment factory gears up
News 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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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