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565 Quincy
565 Quincy represented one of the bright spots in downtown’s new-construction market last year. Between that building and 600 Lake Shore Drive, Belgravia Group condos represented a third of all new home sales in the area. According to a new press release from 565 and @properties, fewer than 25 units are still available, and more ...
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Posted by Joseph Askins on February 28, 2011
565 Quincy is a new high-rise condo tower built on top of an existing loft building. At the time of Joe’s visit last week, 27 of Quincy’s 240 lofts and condos were still available for sale, and the building has been turned over to the homeowners’ association. Joe took a break from his tour through ...
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Posted by Joseph Askins on January 28, 2011
The new high-rise at 565 Quincy, in the West Loop, sits atop an existing loft building. Last week I visited the community for a sponsored tour of two new furnished models, a one-bedroom plus den, bath-and-a-half unit in the loft section, and a split 2-bedroom, 2-bath in the tower. Jacob Kaufman, Executive VP of Belgravia ...
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Posted by Joe Zekas on January 24, 2011
When we last checked in with 565 Quincy, about a month ago, the Belgravia Group development had sold approximately 100 units after dropping prices early this year. Sales have continued to be strong since then. According to Belgravia Group’s Liz Brooks, 116 units have gone under contract since the price reductions. Remaining units include junior ...
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Posted by Joe Zekas on July 28, 2010
Since cutting prices on all available condos and lofts in the first weeks of the new year, 565 Quincy has seen approximately 100 units go under contract, according to the Belgravia Group. So many units have gone off the board, in fact, that Belgravia is readying two new model units to replace ones that have ...
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Posted by sponsored post on June 24, 2010
More than 55 percent of downtown Chicago’s new condo and townhome developments reported an increase in the number of units sold from the fourth quarter of 2009 and the first quarter of 2010, according to the latest Downtown Chicago Residential Benchmark Report from Appraisal Research Counselors. Even then, the increases tended to be minimal, except ...
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Posted by Joseph Askins on May 26, 2010
Sometimes there are rewards for procrastinating…rewards like pizza and energy drinks. I’m not talking finals week — I’m talking tax credits. Belgravia Group will keep the 565 Quincy sales center open late on April 29 and 30 for anyone who wants to buy a home in the hours, minutes, or seconds leading up to the ...
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Posted by sponsored post on April 21, 2010
Ready for a little floor plan porn this morning? Here are five new two-bedroom / two-bath condos still for sale at some of downtown Chicago’s newer high-rises, complete with a breakdown of price per square foot, monthly assessments, and the biggest “selling points” mentioned in each of their listings (minus the laundry lists of everyday ...
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Posted by Joseph Askins on April 6, 2010
Erin Mandel of Belgravia Group recently gave Joe Zekas the lowdown on the best destinations and amenities near 565 Quincy in the West Loop. We edited together her observations on the neighborhood’s restaurants, stores, and public transportation options with photos from YoChicago’s expansive West Loop photo set on Flickr, creating a sort of “mini-tour” through ...
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Posted by Joseph Askins on March 26, 2010
Take a virtual tour of the neighborhood around Belgravia Group‘s 565 Quincy high-rise at 565 W Quincy St by browsing the 554 images in our West Loop photo set on Flickr. Belgravia has sold more than 50 lofts and condos at 565 Quincy so far this year. Homes now range from the $150s to $350s, ...
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Posted by sponsored post on March 15, 2010
Since 565 Quincy consists of an adapted loft building topped with 11 floors of new-construction homes, buyers at the development face one more choice than they would at other buildings. Do they prefer the look and layout of a concrete loft, or would they rather live in something a little closer to a traditional condo? ...
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Posted by sponsored post on March 1, 2010
Since cutting prices by 15 to 30 percent four months ago, Belgravia Group has sold 50 new homes at 565 Quincy. Those sales represent 40 percent of all new-construction sales in the downtown market and almost 80 percent of new-construction sales in the West Loop since the turn of the new year, according to Appraisal ...
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Posted by sponsored post on February 19, 2010
You can’t talk about the perks of living at 565 Quincy without talking about the Q Room. Belgravia Group took 11,000 square feet of basement space at 565 W Quincy St and installed a two-lane bowling alley, a putting green, pool and foosball tables, a lounge with bar, fitness equipment, and a movie theater. Over ...
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Posted by sponsored post on February 12, 2010
Since new price points went online at 565 Quincy last month, buyers have snatched up all or most of some of the building’s individual tiers. For example, the 09 tier on the 565 Quincy’s new-construction floors has sold out completely, says Belgravia Group sales rep Erin Mandel. Belgravia had sold only two of the two-bedroom ...
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Posted by sponsored post on February 6, 2010
The folks at Belgravia Group e-mailed us this afternoon to say that they’ve sold 13 lofts and condos at 565 Quincy since rolling out their new home prices last week.
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Posted by Joseph Askins on January 18, 2010
Leonard Kelly is just one of the men and women who keep 565 Quincy up and running for its new residents. Joe Zekas met Leonard during a visit to the development last week and talked to the doorman about his job and the surrounding neighborhood.
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Posted by sponsored post on January 18, 2010
Belgravia Group held firm at 565 Quincy for a long time, but this weekend the developer finally put new prices in place for homes in the West Loop tower. Last week Joe Zekas met with Belgravia Executive Vice President and COO Jacob Kaufman in 565′s Q Room to discuss the price cuts and the perks ...
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Posted by sponsored post on January 17, 2010
The word’s getting around — Belgravia Group will cut the prices on its remaining stock of condos and lofts at 565 Quincy starting Saturday, January 16. As Joe mentioned this morning, you’ll be seeing posts and videos about these homes on YoChicago in the coming days and weeks, but for now, the most vital information ...
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Posted by sponsored post on January 13, 2010
Whatever you do, don’t call it a rent-to-own plan! Belgravia prefers to call 565 Quincy‘s new offer an installment sale or simply a “better-than-rent-to-own” program. The difference, says project manager Jonathan McCulloch, is that buyers are signing purchase agreements and making installment payments instead of entering into leases with options to buy. Jon also passed ...
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Posted by Joseph Askins on November 12, 2009
Belgravia Group has announced a new rent-to-own program for the unsold condos and lofts at 565 Quincy. According to a notice that hit my inbox yesterday, a buyer can put down an initial $5,000 payment on a home, move in immediately, and then have approximately half of his or her rent payments credited toward a ...
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Posted by Joseph Askins on November 12, 2009
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