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Massive Near South Side neighborhood plan about to be unveiled
News 4 months ago
Massive Near South Side neighborhood plan about to be unveiled

Even as city officials weigh other proposed megadevelopment deals in and near downtown, a Wisconsin developer who played a key role in building...

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Lincoln Yards TIF clears key panel
News 4 months ago
Lincoln Yards TIF clears key panel

Sterling Bay is a key step closer to winning as much as $1.3 billion in public subsidies that would help make its Lincoln Yards megaproject a...

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It's time to modernize the assessor's office
News 4 months ago
It's time to modernize the assessor's office

Since being sworn into office in December, I have talked with some of the biggest real estate investors in the world, the CEOs of banks, small...

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Lincoln Yards TIF faces key vote
News 4 months ago
Lincoln Yards TIF faces key vote

Sterling Bay is poised today to take one of the final steps toward winning as much as $900 million in public subsidies that would help make its...

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McDonald's franchisees dump on delivery
News 4 months ago
McDonald's franchisees dump on delivery

Delivery is a high priority for McDonald's CEO Steve Easterbrook, and a big worry for franchisees. Easterbrook expects a rapidly expanding delivery...

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Tribune Media puts North Branch megasite up for sale
News 4 months ago
Tribune Media puts North Branch megasite up for sale

Tribune Media is looking to cash out on a massive stretch of land it owns along the Chicago River after winning city approval to build a sprawling...

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Amazon to New York
News 4 months ago
Amazon to New York

Amazon has dropped its plans for a major expansion in New York City that could have included 25,000 jobs. While it's a blow to New York, it could...

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First condo delivered at Robert A.M. Stern-designed high-rise in Streeterville
News 4 months ago
First condo delivered at Robert A.M. Stern-designed high-rise in Streeterville

A 43rd-floor condo was the first delivered to a buyer at a high-rise tower under construction in Streeterville that is a rare hybrid with...

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Condo owners lose key remedy for construction problems
News 4 months ago
Condo owners lose key remedy for construction problems

A recent Illinois Supreme Court ruling blocks a route condo owners have used for decades to seek financial recovery for defects in construction,...

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Big Streeterville apartment tower hits the market
News 4 months ago
Big Streeterville apartment tower hits the market

The owner of a big riverfront apartment tower in Streeterville has put the property up for sale, testing a downtown investment market clouded by...

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Florida firm buys two local condo managers
News 4 months ago
Florida firm buys two local condo managers

Two local residential management companies have been bought by a Florida-based firm that now has what may be the largest portfolio of Chicago...

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California investor buys Streeterville hotel for $24 million
News 4 months ago
California investor buys Streeterville hotel for $24 million

It's been tough for independently owned, boutique hotels to stand out in a downtown market that has gotten much more crowded over the past few...

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'You gotta be kidding me!' Amazon threat shocks NYC real estate
News 4 months ago
'You gotta be kidding me!' Amazon threat shocks NYC real estate

By the next morning the euphoria had evaporated. Reports the tech giant was reconsidering its plans amid a fierce public backlash sent a jolt...

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Sizing up the starchitects chasing O'Hare
News 4 months ago
Sizing up the starchitects chasing O'Hare

Dazzling designs stir the imagination, but they don't answer a critical question facing city officials who must choose an architect to design the...

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FDA calls Walgreens biggest pharmacy violator in tobacco sales to minors
News 4 months ago
FDA calls Walgreens biggest pharmacy violator in tobacco sales to minors

The Food and Drug Administration said on Thursday that it would block a Walgreens store in Miami from selling tobacco products for 30 days. But the...

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Partiers at Palm Beach soiree dismiss Dems' tax proposals
News 4 months ago
Partiers at Palm Beach soiree dismiss Dems' tax proposals

"They're going to eat themselves alive," Commerce Secretary Wilbur Ross said. "Those plans are so antithetical for what's good for growth in our...

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Two Kildeer shopping centers hit the market
News 4 months ago
Two Kildeer shopping centers hit the market

The developer of two shopping centers in northwest suburban Kildeer has put them up for sale, testing investors’ enthusiasm for retail buildings in...

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Canadian developer buys Goose Island Greyhound site
News 4 months ago
Canadian developer buys Goose Island Greyhound site

A Canadian developer is poised to transform the southern tip of Goose Island after paying $38 million for a Greyhound bus maintenance facility, one...

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Landmark Loop office building owner seeking $100 million
News 4 months ago
Landmark Loop office building owner seeking $100 million

A Florida investor is looking to flip a historic Loop office building for almost 50 percent more than it paid two and a half years ago, hoping to...

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Asked & answered
News 4 months ago
Asked & answered

Here are the replies from Daley, a former U. S. Department of Commerce secretary and one-time presidential chief of staff. Chicago has imposed more...

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After dying, city's biggest condos-to-apartments deal comes back to life
News 4 months ago
After dying, city's biggest condos-to-apartments deal comes back to life

A New York investor has resuscitated its plan to convert a vintage 391-unit Gold Coast condo tower into apartments after lining up financing for...

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Chicago aldermen might be even more powerful than you think
News 4 months ago
Chicago aldermen might be even more powerful than you think

Chicago aldermen have broader control over municipal housekeeping than City Council reps in other major U. S. cities, proliferating corruption,...

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Foxconn rethinks $10 billion Wisconsin plan
News 4 months ago
Foxconn rethinks $10 billion Wisconsin plan

There are no plans to scrap the facility but the company is considering what liquid-crystal display technology is best suited for the $10 billion...

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Silicon Valley tech firm inks big West Loop lease
News 4 months ago
Silicon Valley tech firm inks big West Loop lease

While plenty of companies flock to the Fulton Market District these days, one growing tech firm has left it behind for another emerging downtown...

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Asked & answered
News 4 months ago
Asked & answered

Here are the replies from Mendoza, a former state rep who now is Illinois comptroller. Chicago has imposed more than $500 million in new taxes in...

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Here's what $2 million gets you on Michigan Avenue
News 4 months ago
Here's what $2 million gets you on Michigan Avenue

A two-level condo in a 19th-century highrise with a large terrace and lake views is within walking distance of Millennium Park, Pritzker Pavilion,...

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Other property tax firms look to benefit from Burke, Madigan news
News 4 months ago
Other property tax firms look to benefit from Burke, Madigan news

Chicago law firms without “Burke” or “Madigan” printed on the door hope to impress clients who may be seeking new property tax attorneys. The Sun...

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Related Midwest, Pizzuti team up on West Loop apartment tower
News 4 months ago
Related Midwest, Pizzuti team up on West Loop apartment tower

The site to the left (west) of 1035 W. Van Buren (center) is where the tower proposed for 1061 W. Van Buren St. would go. The site to the left ...

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News 4 months ago
"True Urban Chicago" condo on Michigan Avenue

French doors with transoms wrap the main living space, filling it with light. "It's very sunny, which I find very inspiring from an artistic...

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Pilsen property owners pocket big profits
News 5 months ago
Pilsen property owners pocket big profits

When he bought his first property on 18th Street in what many people call West Pilsen, technically Heart of Chicago, Teofil "Teo" Scorte says it...

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