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Illinois has a marijuana referendum after all
News 2 months ago
Illinois has a marijuana referendum after all

Local officials find themselves at the center of an often-contentious debate that never really happened before state legislators passed the law. It...

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Hotel Palomar sells for $55 million
News 2 months ago
Hotel Palomar sells for $55 million

A Massachusetts real estate investor has picked up the River North hotel, betting on the future of the downtown hospitality market. One of the...

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Pinstripes expands, mulls IPO
News 2 months ago
Pinstripes expands, mulls IPO

The "eatertainment" chain, which has 10 locations in nine states, aims to open another 24 over the next five years, including three by yearend. At...

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Chicago's image isn't as bad as we might think—but there's always room to mess it up
News 2 months ago
Chicago's image isn't as bad as we might think—but there's always room to mess it up

Even as residents exit the Chicago area, visitors and investment dollars keep arriving. But to keep outside capital coming, our leaders should...

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Oak Brook firm buys La Grange apartment complex
News 2 months ago
Oak Brook firm buys La Grange apartment complex

JVM's purchase of Uptown La Grange marks the second suburban Chicago rental property the company has acquired in the past two weeks. A Minneapolis...

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Downtown office vacancy lowest since end of 2016
News 2 months ago
Downtown office vacancy lowest since end of 2016

Companies' voracious appetite for workspace has pushed vacancy in the downtown office market to its lowest mark in almost three years. A wave of...

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Feds subpoena ComEd, Exelon in another pol probe
News 2 months ago
Feds subpoena ComEd, Exelon in another pol probe

The companies now are being asked for records of communications with state Sen. Martin Sandoval, whose offices were recently raided. It's the...

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ComEd, Exelon get another federal subpoena
News 2 months ago
ComEd, Exelon get another federal subpoena

The companies now are being asked for records of communications with state Sen. Martin Sandoval, whose offices were recently raided, and...

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North Branch property owner sues General Iron, city
News 2 months ago
North Branch property owner sues General Iron, city

A real estate investor near the company's controversial scrapyard argues that a recent deal to shut down the facility by the end of next year isn't...

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California investor buying West Loop office tower
News 2 months ago
California investor buying West Loop office tower

Spear Street Capital is under contract to buy the skyscraper at 500 W. Monroe St., breaking a cold streak for big downtown office building sales...

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'Dorms for adults' pitched for Chicago Avenue sites
News 2 months ago
'Dorms for adults' pitched for Chicago Avenue sites

The plans include a building with 36 apartments that will be rented out dorm-style-by the bed, not the unit-following a growing trend in Chicago...

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Architect, housing manager gets nod from aldermen to chair CHA board
News 2 months ago
Architect, housing manager gets nod from aldermen to chair CHA board

Affordable housing advocates cheered the appointment of Angela Hurlock, an architect with experience managing housing on the South and West Sides....

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Plan for city's second-tallest tower 'very close,' alderman says
News 2 months ago
Plan for city's second-tallest tower 'very close,' alderman says

The developer of a proposed supertall skyscraper next to Tribune Tower could reach a deal with the city in "a couple months," said downtown Ald....

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Even in the digital age, this slip of paper won't die
News 2 months ago
Even in the digital age, this slip of paper won't die

A survey of consumers conducted for a group tied to the paper industry found more than three quarters of U. S. shoppers preferred to walk away with...

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Say goodbye to this postmodern two-flat in Lakeview
News 2 months ago
Say goodbye to this postmodern two-flat in Lakeview

The neighborhood around Advocate's Illinois Masonic Medical Center in Lakeview is set to lose one of its zaniest buildings, a two-flat built in the...

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Meet the quiet giant of Chicago real estate development
News 2 months ago
Meet the quiet giant of Chicago real estate development

Long before Sterling Bay was planning Lincoln Yards and buying trophy properties, before it fine-tuned the art of turning vintage buildings into...

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Illinois' regulatory structure for adult-use cannabis thwarts competition
News 2 months ago
Illinois' regulatory structure for adult-use cannabis thwarts competition

Thank you for "A big step for recreational pot in Illinois," Sept. 30. There are over a thousand vineyards and wineries in California. The state of...

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Sears reaches $3 million settlement over life insurance benefits
News 2 months ago
Sears reaches $3 million settlement over life insurance benefits

The retailer, which filed for bankruptcy last October, will set up a compensation fund for workers following a dispute over its decision to...

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Lightfoot plans public meetings next week on weed shops
News 2 months ago
Lightfoot plans public meetings next week on weed shops

Fresh off her budget roadshow, Chicago Mayor Lori Lightfoot plans to hold community meetings next week about the rules she's proposed for where...

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Working in a workout at work
News 2 months ago
Working in a workout at work

When Arnav Dalmia and Shivani Jain traveled from India a decade ago as freshmen entering the University of Chicago, they were strangers who...

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Higher taxes? Groups warn of impact from a sweetened teacher offer.
News 2 months ago
Higher taxes? Groups warn of impact from a sweetened teacher offer.

You might not concur with the conclusions of the two fiscally conservative organizations, but it's hard to dispute their figures. As Chicago heads...

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North Branch development site up for grabs
News 2 months ago
North Branch development site up for grabs

A riverfront development site next to Goose Island is up for grabs as the North Branch of the Chicago River transitions from its industrial past....

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North Branch development site hits the market
News 2 months ago
North Branch development site hits the market

A riverfront development site next to Goose Island is up for grabs as the North Branch of the Chicago River transitions from its industrial past....

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Historic River North auditorium for sale
News 2 months ago
Historic River North auditorium for sale

The American College of Surgeons wants to sell the Murphy. "It is a bit of a blank canvas as to what type of use it will be," the broker says. A...

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Hotel Monaco in the Loop hits the market
News 2 months ago
Hotel Monaco in the Loop hits the market

Xenia Hotels & Resorts is seeking a buyer for seven Kimpton hotels, including the 191-room Chicago Monaco, which could fetch about $500 million...

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The least tax-friendly state in the U.S.? One guess.
News 2 months ago
The least tax-friendly state in the U.S.? One guess.

Illinois is the least tax-friendly state in America, according to personal finance publication Kiplinger. Kiplinger used a hypothetical couple with...

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This condo may look like it’s in a Spanish castle but it’s in Hyde Park
News 2 months ago
This condo may look like it’s in a Spanish castle but it’s in Hyde Park

With a tiled fireplace set into a tower, carved wood beams overhead, and other seemingly medieval details, the living room of a Hyde Park condo...

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Cook County property values back to 2008 level—almost
News 2 months ago
Cook County property values back to 2008 level—almost

A Civic Federation study suggests the total market value of all real estate in the county continues to claw its way back to the pre-subprime crash...

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Rivian eyes subscriptions for electric trucks
News 2 months ago
Rivian eyes subscriptions for electric trucks

The made-in-Illinois vehicle startup keeps attracting support from the industry establishment. Now it's considering a new model in the luxury...

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Sterigenics to close Willowbrook plant
News 2 months ago
Sterigenics to close Willowbrook plant

The medical products sterilization company says it couldn't reach an agreement to renew its lease in the west suburban village following backlash...

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