Search Results for:

You are here

Former Bear opening Loop nonprofit hub
News 3 months ago
Former Bear opening Loop nonprofit hub

Longtime defensive end Israel Idonije is building out what he hopes will become a philanthropy-focused version of tech incubator 1871. Israel...

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

A rendering of a 68th-floor living room in a unit at One Chicago, a luxurious condo tower under construction near Holy Name Cathedral. Topping our...

Share
Nonprofit hospitals forced to defend hundreds of millions in property tax breaks
News 3 months ago
Nonprofit hospitals forced to defend hundreds of millions in property tax breaks

Chicago's nonprofit hospitals face new pressure to justify property tax exemptions worth hundreds of millions of dollars. Nonprofits in Illinois...

Share
Now even healthy malls struggle to find financing
News 3 months ago
Now even healthy malls struggle to find financing

Add leery lenders to the list of problems facing mall owners already battered by store closures and the growth of online shopping. If finding...

Share
AutoCanada says it will close two 'loss-generating franchises' in Chicago
News 3 months ago
AutoCanada says it will close two 'loss-generating franchises' in Chicago

The company said on an earnings call Friday that it is closing Chevrolet of Lincoln Park and Cadillac of Lincoln Park, which shared an address in...

Share
Sears lines up $250M in financing—and plans to shutter a third of its stores
News 3 months ago
Sears lines up $250M in financing—and plans to shutter a third of its stores

Sears won a $250 million lifeline from lenders that include owner Eddie Lampert. The new loan increases by about $100 million the $150 million of...

Share
What River North's newest luxury condos will look like
News 3 months ago
What River North's newest luxury condos will look like

A first look inside the high-end condos going up across from Holy Name Cathedral, an actual yellow brick road honoring the writer of "The Wizard of...

Share
Property taxes will fund most of CTU's $1.5 billion new contract
News 3 months ago
Property taxes will fund most of CTU's $1.5 billion new contract

Chicago Public Schools says it's confident it will be able to pay for the contract-but only with $100 million a year in new property taxes and aid...

Share
Here's the first look inside those high-end condos going up across from Holy Name
News 3 months ago
Here's the first look inside those high-end condos going up across from Holy Name

Above: a drone-shot tour of one unit's balcony and views. Waking up with the sunrise will be easy for residents in a luxurious condo tower under...

Share
Golub venture takes over massive Near South Side apartment complex
News 3 months ago
Golub venture takes over massive Near South Side apartment complex

After completing their $180 million acquisition of Prairie Shores-the biggest Chicago apartment property to change hands since 2007-Golub and its...

Share
Lightfoot opening neighborhood small-business centers
News 3 months ago
Lightfoot opening neighborhood small-business centers

As sure as the first robin of spring, you can bet your ballot box that a new mayor will promptly roll out a plan to slash red tape and make life...

Share
JLL shares jump on strong profit report
News 3 months ago
JLL shares jump on strong profit report

A strong commercial real estate market and the company's recent acquisition of rival brokerage HFF have boosted revenue and profits. Shares of...

Share
Chicago's planning chief vows to jump-start lagging neighborhood investment
News 3 months ago
Chicago's planning chief vows to jump-start lagging neighborhood investment

Maurice Cox says more early funding, counseling and geographic focus is needed to get more retail outlets open on the South and West sides. But the...

Share
Studio space is in high demand. So are warehouses.
News 3 months ago
Studio space is in high demand. So are warehouses.

The Illinois Film Office wants real estate investors to invest in more space for film and TV production, but the rise of online shopping has fueled...

Share
The wrong way to fix a real problem
News 3 months ago
The wrong way to fix a real problem

Holding hostage a key part of Lori Lightfoot's fiscal plan for the cash-strapped city of Chicago won't ease homelessness. In fact, it could very...

Share
Cullerton risks an unforced error on Springfield ethics
News 3 months ago
Cullerton risks an unforced error on Springfield ethics

When you look like less of a reformer than House Speaker Mike Madigan-and right now, that's how the Senate president does look-you've got a problem...

Share
Unsavory business practices on display in condo takeover attempt
News 3 months ago
Unsavory business practices on display in condo takeover attempt

Thank you for your fair reporting on the farcical attempt at a Section 15 hostile takeover of our condominium units at 201 E. Delaware by Richard...

Share
Chicago is the greenest place to work in America
News 3 months ago
Chicago is the greenest place to work in America

"Chicago has some of the oldest office property in the U. S. and you are starting to see more complete retrofits. These green incentives draw...

Share
Why the 2017 tax law is 'a killer' for Lake County
News 3 months ago
Why the 2017 tax law is 'a killer' for Lake County

From local home market data to a look inside a Lincoln Park penthouse and more, Crain's residential real estate reporter Dennis Rodkin catches us...

Share
Restaurants coming to Maywood Park retail project
News 3 months ago
Restaurants coming to Maywood Park retail project

Chicago developer Mitch Goltz has acquired nearly 16 acres on the site of the former horse track and says he's already lined up commitments for...

Share
City loosening funds for South and West side entrepreneurs
News 3 months ago
City loosening funds for South and West side entrepreneurs

Among changes to the way Chicago doles out Neighborhood Opportunity Fund grants: More money upfront, and letting city money flow to marijuana...

Share
Michelle Obama defends Jackson Park site at Obama Foundation Summit
News 3 months ago
Michelle Obama defends Jackson Park site at Obama Foundation Summit

The former first lady described the presidential center's location as an intentional and strategic decision. Here are the latest updates from today...

Share
Obamas defend Jackson Park site at Foundation Summit
News 3 months ago
Obamas defend Jackson Park site at Foundation Summit

The former president and first lady described the presidential center's location as an intentional and strategic decision. Lightfoot's...

Share
Starbucks investing $10 million to boost small business
News 3 months ago
Starbucks investing $10 million to boost small business

Ahead of its Reserve Roastery opening on the Mag Mile, Starbucks today announced that it will pour $10 million in local community development...

Share
No new weed shops likely in Chicago by Jan. 1
News 3 months ago
No new weed shops likely in Chicago by Jan. 1

Under new rules out today, only the 11 existing medical locations are likely to be available to serve recreational customers on New Year's Day....

Share
I don't recognize the Jackson Park you're talking about
News 3 months ago
I don't recognize the Jackson Park you're talking about

A portrayal of the section of the South Side park that would be pre-empted for the Obama Presidential Center barely resembles the park I know and...

Share
Walgreens cuts corporate jobs
News 3 months ago
Walgreens cuts corporate jobs

Walgreens has eliminated corporate positions as part of a plan to reduce costs by $1.8 billion per year by 2022. The company did not announce the...

Share
Deadline looms for smaller firms to provide employee savings programs
News 3 months ago
Deadline looms for smaller firms to provide employee savings programs

Leonor Borja is controller at Urban Alternatives, the West Side property management company owned by her stepfather, Tom Viere. To ward off a...

Share
The mayor doesn't have a magic wand to fix the budget mess
News 3 months ago
The mayor doesn't have a magic wand to fix the budget mess

Mayor Lori Lightfoot has unveiled a plan that holds off on a big property tax bomb or massive layoffs. But it is a plan that feels tenuous at best....

Share
Where is commercial real estate headed?
News 3 months ago
Where is commercial real estate headed?

In a special on-location edition of Crain's Daily Gist at Chicago Cut, host Amy Guth and Crain's senior real estate reporter Alby Gallun chat with...

Share