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Don't read too much into Michigan's weed launch. Here's why.
News 2 months ago
Don't read too much into Michigan's weed launch. Here's why.

In Ann Arbor, Mich., yesterday, hundreds of people lined up at three Ann Arbor recreational marijuana provisioning centers in a scene described as ...

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In Michigan, hundreds line up for 1st day of recreational marijuana sales
News 2 months ago
In Michigan, hundreds line up for 1st day of recreational marijuana sales

The crowds snaking down sidewalks and around buildings in Ann Arbor all day indicated that the state's first licensees were benefiting from the...

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What Lightfoot's schedule in her first 100 days tells us about her priorities
News 2 months ago
What Lightfoot's schedule in her first 100 days tells us about her priorities

This exclusive exploration of her day-to-day activities during those critical weeks reveals a different working style from that of her predecessor....

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Turns out Chicago's appetite for new dining options has limits
News 2 months ago
Turns out Chicago's appetite for new dining options has limits

Chicago's long restaurant boom has peaked, as rising costs, excess supply and dwindling demand are driving eateries out of business. The number of...

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Lightfoot's first 100 days
News 2 months ago
Lightfoot's first 100 days

Mayor Lori were filled with press events, travel to the city's South and West sides, and some unusual one-on-one meetings, according to her public...

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No pay-to-play in the Cook County assessor's office
News 2 months ago
No pay-to-play in the Cook County assessor's office

Juliet Sorensen and John Elson's recent op-ed makes points that are valid and important about legal practitioners who donate to elected officials...

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Water Tower's condo board slashed fees. Will it speed up sales?
News 2 months ago
Water Tower's condo board slashed fees. Will it speed up sales?

Monthly assessments will be cut by about a third. Real estate agents see it giving units in the building a competitive edge in the market. The...

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Can a new broker turn Trump's losing space into a winner?
News 2 months ago
Can a new broker turn Trump's losing space into a winner?

A new broker has taken over one of the toughest jobs in Chicago real estate today: leasing the commercial space in Donald Trump's Chicago...

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Why are real estate investors avoiding Chicago?
News 2 months ago
Why are real estate investors avoiding Chicago?

Local commercial property sales fell 33 percent in the first nine months of the year. One possible reason: "Investors are struggling to come to...

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This 1920s Lincoln Park bank building will become 8 condos
News 2 months ago
This 1920s Lincoln Park bank building will become 8 condos

Familiar to passersby on Fullerton for the word "perfection" carved over the front door-a reference to the burial garment company that once...

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Chicago Park District budget stable, but pension woes remain
News 2 months ago
Chicago Park District budget stable, but pension woes remain

A proposed $487.6 million 2020 spending plan has no fee hikes and a small property tax increase, but also contains a familiar problem: pension...

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Backer of Time Out food hall has bigger plans for Fulton Market
News 2 months ago
Backer of Time Out food hall has bigger plans for Fulton Market

L3 Capital-a backer of the massive new Time Out Market Chicago food hall in the trendy corridor-bought a trio of nearby properties from Fifth Third...

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Last week's most-viewed real estate stories
News 3 months ago
Last week's most-viewed real estate stories

Crown Castle, a builder and owner of cellular towers, recently consolidated its west suburban offices in Downers Grove after looking at the Old...

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Why small commercial properties are unfairly taxed in Cook County
News 3 months ago
Why small commercial properties are unfairly taxed in Cook County

Small commercial properties are being unfairly taxed in Cook County. They are assessed at 2½ times the rate of larger "mixed-use properties" ...

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The hottest property in the burbs now
News 3 months ago
The hottest property in the burbs now

Apartment developers hit the mother lode in Chicago, but they're finding riches in the suburbs, too. From Elmhurst to Evanston, they're stamping...

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Here's another worry for local manufacturers
News 3 months ago
Here's another worry for local manufacturers

Filter manufacturer Permatron of Elk Grove Village pays about $40,000 a year in property taxes, but CEO Leslye Sandberg worries the bill will...

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It may already be too late for Macy’s
News 3 months ago
It may already be too late for Macy’s

A perspective that might not make those who miss Marshall Field's happy: Disappointing results show that the retail apocalypse may be coming sooner...

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Dennis Rodkin’s weekly weigh-in on the real estate market
News 3 months ago
Dennis Rodkin’s weekly weigh-in on the real estate market

Regional housing market numbers, Blackhawks goalie Corey Crawford buys in the West Loop, climbing prices in Pilsen and more: Here's the latest in...

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TIFs are a core racial equity issue
News 3 months ago
TIFs are a core racial equity issue

If we are going to continue using TIFs in Chicago, we must do it in a way that repairs the historic harms of our development practices. A new...

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Blackhawks goalie Corey Crawford pays $4 million for West Loop condo
News 3 months ago
Blackhawks goalie Corey Crawford pays $4 million for West Loop condo

The two-time Stanley Cup winner and his wife, Kristy Muscolino, bought at Hayden West Loop, the hottest building in Chicago this year. Newlyweds...

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Downtown Chicago apartment market not too hot, not too cold
News 3 months ago
Downtown Chicago apartment market not too hot, not too cold

"Right now, I think the market's in relative balance," says real estate consultant Ron DeVries. "We're not projecting any big rent growth, but we...

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Energy BBDO wins Brown-Forman creative ad account, including Jack Daniel's
News 3 months ago
Energy BBDO wins Brown-Forman creative ad account, including Jack Daniel's

Omnicom's BBDO has emerged victorious in Brown-Forman's global creative review, according to people familiar with the matter. The review included...

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Lightfoot panel to rewrite city's affordable housing law
News 3 months ago
Lightfoot panel to rewrite city's affordable housing law

The mayor appoints a diverse 20-member group to take a look at changes on how much affordable housing and what rents developers should have to...

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French-inspired elegance in the West Loop
News 3 months ago
French-inspired elegance in the West Loop

Hayden West Loop has been the hottest real estate story of the year, with three condos sold at $4 million and up, and a dozen more at between $2...

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Ken Griffin invests in real estate tech firm
News 3 months ago
Ken Griffin invests in real estate tech firm

The billionaire Citadel founder isn't known for his venture investments in other companies, but he recently invested in a residential real estate...

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In Uber vs. the mayor, transit experts favor mayor's ride-hail tax plan
News 3 months ago
In Uber vs. the mayor, transit experts favor mayor's ride-hail tax plan

The mayor's proposal is simpler, fairer and does more to try to address the problem of downtown congestion, several authoritative sources we asked...

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Downtown rents have companies taking a second look at the burbs
News 3 months ago
Downtown rents have companies taking a second look at the burbs

Despite everything you've heard about the quest for talent and cachet in the city, more companies are opting for the wide-open spaces-and lower...

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Holiday sales forecasts bring little cheer to local retailers
News 3 months ago
Holiday sales forecasts bring little cheer to local retailers

Chicago-area merchants are bracing for glum holidays as anxious shoppers spend cautiously and online retailers grab more business from traditional...

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'We came close' on her 2 biggest Springfield asks
News 3 months ago
'We came close' on her 2 biggest Springfield asks

Chicago didn't get a reworked casino structure or changes to the real estate transfer tax, which she was counting on to fund her 2020 budget. That...

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Sears cuts hundreds of corporate jobs
News 3 months ago
Sears cuts hundreds of corporate jobs

A week after announcing more store closures, Sears cut around 300 corporate employees, according to a report, as it struggles in a difficult retail...

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