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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Why the 2017 tax law is 'a killer' for Lake County
News 4 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...

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Restaurants coming to Maywood Park retail project
News 4 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...

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City loosening funds for South and West side entrepreneurs
News 4 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...

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Michelle Obama defends Jackson Park site at Obama Foundation Summit
News 4 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...

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Obamas defend Jackson Park site at Foundation Summit
News 4 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...

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Starbucks investing $10 million to boost small business
News 4 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...

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No new weed shops likely in Chicago by Jan. 1
News 4 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....

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I don't recognize the Jackson Park you're talking about
News 4 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...

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Walgreens cuts corporate jobs
News 4 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...

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Deadline looms for smaller firms to provide employee savings programs
News 4 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...

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The mayor doesn't have a magic wand to fix the budget mess
News 4 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....

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Where is commercial real estate headed?
News 4 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...

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Will this Helmut Jahn tower get built?
News 4 months ago
Will this Helmut Jahn tower get built?

A ceremonial groundbreaking takes place today at 1000 S. Michigan Ave. for the 74-story condo tower the architect designed. The start of actual...

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Why Lakeview's housing market suffers
News 4 months ago
Why Lakeview's housing market suffers

Lower sales and prices are hitting one North Side neighborhood especially hard. Crain's residential real estate reporter Dennis Rodkin also has...

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Will Springfield help Chicago meet its budget? Aldermen are wary.
News 4 months ago
Will Springfield help Chicago meet its budget? Aldermen are wary.

Council members say optimism over Mayor Lightfoot's 2020 budget could crash if Chicago doesn't get at least one of its two big asks out of the...

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Northern Trust continues to look east with Philadelphia expansion
News 4 months ago
Northern Trust continues to look east with Philadelphia expansion

Northern Trust has entered the Philadelphia market with a new office downtown, marking the latest in a series of moves aimed at penetrating the...

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Lightfoot's budget has no big property tax hike—for now
News 4 months ago
Lightfoot's budget has no big property tax hike—for now

UPDATE, 1:45 P. M.: In her speech, Lightfoot said that "this year's additional TIF surplus to the city is $31.4 million." Background papers given...

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Falling vacancies brighten gloomy outlook for retail landlords
News 4 months ago
Falling vacancies brighten gloomy outlook for retail landlords

After rising to recessionary levels, the Chicago-area retail vacancy rate has fallen for the second straight quarter, a positive sign for a market...

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An only-in-Chicago home, for $585,000
News 4 months ago
An only-in-Chicago home, for $585,000

Living on the 58th floor of Marina Towers, with a view out from its rounded balconies to the river, the lake and the skyline, is quintessentially...

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Offices you'd want to work in
News 4 months ago
Offices you'd want to work in

Crain's contributor Jackie Bender talks to host Amy Guth about the winners of our annual Coolest Offices feature, which recognizes new, well...

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Remember Peotone? Pritzker wants to spend $206 million on it
News 4 months ago
Remember Peotone? Pritzker wants to spend $206 million on it

Tucked into the governor's big new transportation plan is spending to build roads through what are now farm fields, to access an airport that may...

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Developer in downtown tower project looks to cash out
News 4 months ago
Developer in downtown tower project looks to cash out

Howard Hughes is putting its stake in the new skyscraper under construction at 110 N. Wacker Drive up for sale amid a big corporate shift. One of...

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Lightfoot to shift $750 million to South and West sides
News 4 months ago
Lightfoot to shift $750 million to South and West sides

Mayor Lori Lightfoot just revealed part of an economic plan to reinvest in neighborhoods outside the Loop that she says have been left to languish....

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