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Amazon is heading to New York—and New York still loses
News 1 month ago
Amazon is heading to New York—and New York still loses

After Amazon abandoned plans for a Big Apple HQ2, 20% of New Yorkers who opposed the plans celebrated the news, thinking they had won a major...

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Lightfoot grades herself
News 1 month ago
Lightfoot grades herself

"I am not Rahm. I am very different than him, in almost every fundamental way," Chicago's newest chief tells Crain's. But her biggest challenges...

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Buying up outdoor retailers hasn't worked out the way Marcus Lemonis planned
News 1 month ago
Buying up outdoor retailers hasn't worked out the way Marcus Lemonis planned

By targeting millennials with archery, biking and kayaking clubs, Marcus Lemonis believed he could fend off Amazon and simultaneously diversify....

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Former Chicago planning chief joins developer Clayco
News 1 month ago
Former Chicago planning chief joins developer Clayco

It's a new role in a familiar industry for David Reifman, 60, who stepped down as Chicago's Commissioner of Planning & Development when Mayor Rahm...

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This architect doesn't take himself too seriously
News 1 month ago
This architect doesn't take himself too seriously

Peter Exley, who founded Architecture is Fun, recently was elected first vice president of the American Institute of Architects for 2020 and is its...

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Will 'Big Red' fetch $375 million?
News 1 month ago
Will 'Big Red' fetch $375 million?

A sale of the red office tower at that price would deliver a big payout to a John Buck venture for an unusual two-building deal put together in...

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Forget HQ2—Amazon opens its largest campus yet
News 1 month ago
Forget HQ2—Amazon opens its largest campus yet

The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still primarily reliant on small-scale...

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Chicago Housing Authority CEO Eugene Jones stepping down
News 1 month ago
Chicago Housing Authority CEO Eugene Jones stepping down

Jones led the agency for more than four years, championing new types of affordable housing developments and work opportunities for residents....

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Big Wicker Park apartment project lands the city in court
News 1 month ago
Big Wicker Park apartment project lands the city in court

Lawsuits allege former Ald. Proco "Joe" Moreno slipped a zoning change for the 17-story tower through a lame-duck City Council "as his parting gift...

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A hot loft in the city's hottest neighborhood
News 1 month ago
A hot loft in the city's hottest neighborhood

A private terrace lies outside French doors of this sixth-floor Fulton Market loft. It's for sale at $2.45 million. Take a photo tour. A terrace...

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Don't be fooled by Amazon headlines
News 1 month ago
Don't be fooled by Amazon headlines

Amazon is still drawn to New York for both distribution facilities and office space despite spiking plans to place a headquarters there. Fine. But...

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Downtown apartment boom rolls on, but developers pull back
News 1 month ago
Downtown apartment boom rolls on, but developers pull back

Rents rose again in the second quarter, but construction is slowing down amid rising costs, affordable housing regulations and uncertainty about...

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powering economic growth and opportunity
News 1 month ago
powering economic growth and opportunity

This summer, the governor signed a data center incentive into law, opening up Illinois for what could be hundreds of millions of investment dollars...

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Uber confirms huge Old Main Post Office lease
News 1 month ago
Uber confirms huge Old Main Post Office lease

Uber has signed a 10-year lease for 450,000 square feet of office space in the Old Main Post Office, the company announced today. As the anchor...

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5. How Lightfoot plans to use—and tweak—this Emanuel-era fund
News 2 months ago
5. How Lightfoot plans to use—and tweak—this Emanuel-era fund

The Neighborhood Opportunity Fund is a pot of money Team Lightfoot can freely dip into-and which she says she may tweak to make the program more...

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How Lightfoot plans to use—and tweak—this Emanuel-era fund
News 2 months ago
How Lightfoot plans to use—and tweak—this Emanuel-era fund

The Neighborhood Opportunity Fund is a pot of money Team Lightfoot can freely dip into-and which she says she may tweak to make the program more...

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Why the Loop is still a great spot for business
News 2 months ago
Why the Loop is still a great spot for business

Downtown has plenty of power to attract businesses, jobs and capital. If the current crop of office tenants loses interest, the Loop's assets will...

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Streeterville landmark eyed for boutique hotel
News 2 months ago
Streeterville landmark eyed for boutique hotel

A 13-story Streeterville landmark designed by Chicago architect Harry Weese could soon join the downtown hotel market, adding to a string of condo...

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Camping World dumps outdoor retailers after short ownership
News 2 months ago
Camping World dumps outdoor retailers after short ownership

After an aggressive buying spree that included Rock/Creek Outfitters and Uncle Dan's, Marcus Lemonis is rethinking his strategy. Camping World is...

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Watchdog groups say Lightfoot's a Rahm replay on Obama Center engagement
News 2 months ago
Watchdog groups say Lightfoot's a Rahm replay on Obama Center engagement

Five groups with a close eye on the Obama Presidential Center's progress say Lightfoot is falling short on campaign promises for true engagement...

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How an overlooked facet of the weed law could trip up two of the industry’s biggest players
News 2 months ago
How an overlooked facet of the weed law could trip up two of the industry’s biggest players

The fine print in the state's 610-page recreational marijuana bill could provide some challenges to getting retail sales up and running by Jan. 1....

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Solving suburbs’ vicious property tax cycle benefits all
News 2 months ago
Solving suburbs’ vicious property tax cycle benefits all

The term "cycle of disinvestment" has become cliche, but it remains an apt way to describe the economic predicament facing many communities in the...

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Illinois Democrats worry about state census count
News 2 months ago
Illinois Democrats worry about state census count

The local lawmakers in the U. S. congressional delegation signed a letter expressing concern that officials are relying on the internet rather than...

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Chicago's hot startup turf? It's not where you think.
News 2 months ago
Chicago's hot startup turf? It's not where you think.

Small but fast-growing ventures have become a lifeline for the Central Loop, an office submarket that has been hemorrhaging large tenants lately....

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Engineers are the focus of this San Francisco firm's new Chicago outpost
News 2 months ago
Engineers are the focus of this San Francisco firm's new Chicago outpost

Online-payments company Stripe, which aims to have 40 people in River North by year-end, joins other West Coast firms turning to Chicago for tech...

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River West site next to Tribune Media megaproject hits the market
News 2 months ago
River West site next to Tribune Media megaproject hits the market

The Salvation Army is looking to sell its main downtown campus in the River West neighborhood, hoping to cash in on real estate investors' appetite...

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Lightfoot taps Detroit planner for city planning department
News 2 months ago
Lightfoot taps Detroit planner for city planning department

Maurice Cox, who has experience in politics and is known for sharp design, will join the city in September, Mayor Lightfoot confirmed today. Mayor...

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Barneys closure leaves a crater on a Rush Street transformed by the retailer
News 2 months ago
Barneys closure leaves a crater on a Rush Street transformed by the retailer

When Barneys New York landed in Chicago in 1992, the retailer chose not to locate on Michigan Avenue because, well, it was Barneys. Opting for the...

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Barneys closure leaves a crater on a Rush Street the retailer transformed
News 2 months ago
Barneys closure leaves a crater on a Rush Street the retailer transformed

When Barneys New York landed in Chicago in 1992, the retailer chose to locate off of Michigan Avenue because, well, it was Barneys. Opting for the...

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Colliers Chicago merges with Podolsky Circle
News 2 months ago
Colliers Chicago merges with Podolsky Circle

One of the few remaining old-line Chicago commercial real estate services companies is joining forces with an industry giant. In the latest local...

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