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Tax incentives target poor neighborhoods but leave communities behind
News 5 months ago
Tax incentives target poor neighborhoods but leave communities behind

Earlier this month, a Chicago-based joint venture named Decennial group announced it is seeking to raise $1 billion of capital to invest in...

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A better solution than rent control
News 5 months ago
A better solution than rent control

As widely reported, the efforts in Springfield to lift the state ban on rent control were recently defeated. While it was determined that rent...

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Here's what a hike in real estate transfer taxes should support
News 5 months ago
Here's what a hike in real estate transfer taxes should support

There is a movement afoot to dramatically increase the amount of money provided by the Chicago Real Property Transfer Tax-the levy on sales of...

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Fulton Market firm wants to build hotel, offices on its HQ site
News 5 months ago
Fulton Market firm wants to build hotel, offices on its HQ site

An architecture firm wants to redevelop the site of its headquarters in Fulton Market into a 12-story hotel and six-story office building....

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The highest-ranked small companies
News 5 months ago
The highest-ranked small companies

Is it really about the pingpong (or foosball) table? What makes a workplace family-friendly? These firms know. At monthly "innovation forums,"...

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What Lightfoot's handling of the Lincoln Yards standoff tells us
News 5 months ago
What Lightfoot's handling of the Lincoln Yards standoff tells us

For those who were wondering how Chicago's incoming mayor would balance the angst of a worried business community against the demands of a suddenly...

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New condos coming near Mariano's in Bronzeville
News 5 months ago
New condos coming near Mariano's in Bronzeville

A developer is building 18 condos on a corner site in Bronzeville that neighbors say has been empty since at least the late 1970s. The area...

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'A great start' for downtown office landlords
News 5 months ago
'A great start' for downtown office landlords

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and...

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River North investor planning two new buildings
News 5 months ago
River North investor planning two new buildings

A Chicago investor that owns a slew of vintage buildings in River North wants to build two new ones in the neighborhood, continuing a downtown...

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Is the slow-motion decline of Johnson Publishing accelerating?
News 5 months ago
Is the slow-motion decline of Johnson Publishing accelerating?

Johnson Publishing was once the most powerful African-American company in the country, but now its iconic magazines Ebony and Jet have been sold,...

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A better home for Amazon's HQ2
News 5 months ago
A better home for Amazon's HQ2

Have your fill: Land could be created for a corporate campus, just as it was for Battery Park City immediately to the south. Last year I sent a...

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Why Illinois should reform the hotel-motel tax
News 5 months ago
Why Illinois should reform the hotel-motel tax

Despite its size of fewer than 9,000 residents, the village of Itasca is obligated to spend $1.2 million every year "solely to promote tourism."...

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WeWork announces two more Chicago locations
News 5 months ago
WeWork announces two more Chicago locations

WeWork is continuing its Chicago office land grab with two more locations totaling nearly 200,000 square feet, the company announced today. In one...

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Cook County lags neighbors in healthy-county data
News 5 months ago
Cook County lags neighbors in healthy-county data

The latest Healthiest Communities report highlights the gap between Cook County and its neighboring counties. Cook falls below the national average...

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Spurned developer sues Lincolnwood over Purple Hotel project
News 5 months ago
Spurned developer sues Lincolnwood over Purple Hotel project

As one developer moves forward with plans for big mixed-use project on the former Purple Hotel site in Lincolnwood, another one is moving forward...

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A 606 for the South Side
News 5 months ago
A 606 for the South Side

Imagine an elevated, linear park built on a vacant concrete railroad embankment, with trails and green space winding their way through Chicago...

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Retailers gain upper hand as Clybourn Corridor vacancies rise
News 5 months ago
Retailers gain upper hand as Clybourn Corridor vacancies rise

In a shrinking market, the strong usually fare better than the weak. But that doesn't mean the strong escape without some bruises. That's what...

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Shopping center construction to drop to another low
News 5 months ago
Shopping center construction to drop to another low

The Chicago economy is booming, but it's worse than the Great Recession by one measure if you build shopping centers for a living. That's one...

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Motel 6 planned next to McCormick Place
News 5 months ago
Motel 6 planned next to McCormick Place

Chicago convention-goers could soon have a lower-cost hotel option next to McCormick Place under a proposal that would add to the recent run of new...

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River North landlord expands its neighborhood footprint
News 5 months ago
River North landlord expands its neighborhood footprint

One of the most prolific owners of vintage River North loft office buildings has picked up a big site in the neighborhood after a developer's plans...

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Cook County, not so healthy • ADHD diagnoses climb • AHA weighs in on star ratings
News 5 months ago
Cook County, not so healthy • ADHD diagnoses climb • AHA weighs in on star ratings

ILLINOIS, NATION SEE LARGE JUMP IN ADHD: ADHD diagnoses rates rose 34 percent among commercially insured pediatric patients in Illinois between...

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Eugene Stunard, who co-founded Appraisal Research Counselors, dies at 86
News 5 months ago
Eugene Stunard, who co-founded Appraisal Research Counselors, dies at 86

Eugene Stunard, a real estate appraiser who helped power Chicago's initial wave of condo conversions, an expertise he exported to other cities...

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Tribune Tower owner sells Michigan Avenue offices for $72 million
News 6 months ago
Tribune Tower owner sells Michigan Avenue offices for $72 million

The Los Angeles-based real estate firm turning Tribune Tower into luxury condos has cashed out with a hefty profit on an office building three...

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Toward a more equitable Chicago River
News 6 months ago
Toward a more equitable Chicago River

Since the Great Recession, historic investment has transformed portions of the Chicago River from neglected waterway to burgeoning civic asset. We...

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Supreme Court won't question Nike use of Michael Jordan image
News 6 months ago
Supreme Court won't question Nike use of Michael Jordan image

The justices, without explanation, said Monday they won't hear arguments from photographer Jacobus Rentmeester, whose portrait of Jordan gracefully...

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Development incentive or corporate land grab? It depends.
News 6 months ago
Development incentive or corporate land grab? It depends.

History records that on July 1, 1862, a former Illinois Central lawyer named Abraham Lincoln signed into law what turned out to be one of the...

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Chicago's hometown hedge fund grows faster in New York
News 6 months ago
Chicago's hometown hedge fund grows faster in New York

Citadel CEO Ken Griffin says he's having second thoughts about moving the hedge fund firm's headquarters to New York from Chicago, but Citadel's...

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Choose Chicago? Not Apple.
News 9 months ago
Choose Chicago? Not Apple.

Apple is doubling down on Austin and adding jobs in several cities, but not Chicago, confirming what local officials have known or suspected for...

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Park spending still favors white neighborhoods, report concludes
News 9 months ago
Park spending still favors white neighborhoods, report concludes

Politics & Opinion What the Supreme Court's anti-union ruling means for democracy Rauner's Janus victory may ring hollow—at least in Illinois...

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Vernon Hills apartments to sell for $25 million
News 9 months ago
Vernon Hills apartments to sell for $25 million

Inland Residential Properties Trust has cut a deal to sell a Vernon Hills apartment complex for about $25 million, the first of three properties it...

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