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Skokie investor looks to flip River North loft office
News 2 months ago
Skokie investor looks to flip River North loft office

A local real estate investor that bought a vintage office building in River North four years ago and revamped its tenant roster is aiming to sell...

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Why does South Shore resist gentrification?
News 2 months ago
Why does South Shore resist gentrification?

Between 1960 and 1970, the racial makeup of South Shore, the lakefront neighborhood between 67th Street and 79th, went from 90 percent white and 10...

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New TIF war breaks out—in Kenilworth
News 2 months ago
New TIF war breaks out—in Kenilworth

Chicago isn't the only place where they're fighting about tax-increment financing. A political brawl of sorts-North Shore-style-has broken out in,...

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California investor buying Michigan Avenue office building
News 2 months ago
California investor buying Michigan Avenue office building

A California real estate investor that recently bought into Chicago's suburban office market is turning its attention downtown, picking up an...

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He's managing a boutique cigar empire—from Warrenville
News 3 months ago
He's managing a boutique cigar empire—from Warrenville

The world of premium cigar making is centered in places like Tampa, the Dominican Republic and Nicaragua-and Cuba if you can wrangle a legal visit....

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Retail group says new internet tax law crucially flawed
News 3 months ago
Retail group says new internet tax law crucially flawed

A retail group argues that language in the recently signed internet sales tax bill actually hurts small businesses and brick-and-mortar stores,...

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What are the feds looking for in Carrie Austin's office? Some clues emerge.
News 3 months ago
What are the feds looking for in Carrie Austin's office? Some clues emerge.

So what's behind today's dramatic FBI raid on the ward office of Ald. Carrie Austin, 34th? According to a knowledgeable source close to the matter,...

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Rare house by midcentury hotel architect on market in Glencoe
News 3 months ago
Rare house by midcentury hotel architect on market in Glencoe

A midcentury modern house in Glencoe whose architect, Milton Schwartz, designed several Chicago highrises and a memorable Las Vegas hotel but...

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What is Bronzeville without its bronze residents?
News 3 months ago
What is Bronzeville without its bronze residents?

Development is happening all over the city with projects rising in every neighborhood. Developers interested in building on the South and West...

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Here's when TIFs can and should be used
News 3 months ago
Here's when TIFs can and should be used

The city of Chicago began using tax-increment financing in 1986, and since then TIF districts have grown to include nearly 1 in 4 properties in the...

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Chicago's TIF policies keep racial inequities locked into place
News 3 months ago
Chicago's TIF policies keep racial inequities locked into place

A world class city should not have a 30-year life expectancy gap between neighborhoods. But that is exactly what is happening here in Chicago....

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It’s time to wean the city—and its developers—from TIF
News 3 months ago
It’s time to wean the city—and its developers—from TIF

The city of Chicago has come under increasingly sharp criticism for its dependence on tax-increment financing as its principal tool for economic...

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A win for the Obamas, but for the South Side? Well...
News 3 months ago
A win for the Obamas, but for the South Side? Well...

Barring some sneaky sabotage by the Trump administration or a surprise from a federal appeals court, the Chicagoan who was president now seems...

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Your restaurant serves dinner daily. Should you jump to lunch?
News 3 months ago
Your restaurant serves dinner daily. Should you jump to lunch?

The West Loop is known for its vibrant nighttime dining scene, with many restaurants choosing Randolph Street as their home. As big office spaces...

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500 residential units planned along Fulton Market's west end
News 3 months ago
500 residential units planned along Fulton Market's west end

As it debuts a 14-story apartment building in the western portion of the Fulton Market District, a Naperville developer is planning to nearly...

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Real-estate tech startups are booming here
News 3 months ago
Real-estate tech startups are booming here

For years, the real estate tech space has been dominated by a few big players like Zillow and Redfin. But in the last several years, there's been...

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Blackstone looks to unload Oakbrook Terrace building
News 3 months ago
Blackstone looks to unload Oakbrook Terrace building

Blackstone Group is aiming to keep alive its cash-out streak in the suburban Chicago office market, this time in Oakbrook Terrace. The New York...

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Business leaders call for compromise on fair-workweek law
News 3 months ago
Business leaders call for compromise on fair-workweek law

Business owners and associations this morning asked the city of Chicago to compromise on the proposed fair-workweek law, looking to preserve...

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Economic development deals risk ruining Chicago
News 3 months ago
Economic development deals risk ruining Chicago

Illinois is quickly becoming a case study in how not to do economic development. State and local politicians have painted themselves into a corner...

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These developers have momentum
News 3 months ago
These developers have momentum

Preservation of Affordable Housing developed the Woodlawn Station mixed-income housing and retail project at Cottage Grove Avenue and 63rd Street....

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Why Chicago's mission-driven developers have a spring in their step
News 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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 3 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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