Category: Quote of the day
Quote of the day: A farewell to the "wow factor"
"It's an architecture of excess, a consequence of there being too much money around... At a time when people are worried about other things, those thi [...]
Quote of the day: Mind the double negatives
"When you've invested this much time, effort and tangible money in the project, it is not not going to happen."
- Shelbourne Development spokeswoman [...]
Quote of the day: Those nasty, "aggressively rude" real-estate bloggers
"The current real-estate market has brought out the worst in people."
-David Gibbons, director of community relations for Zillow.com, commenting in a [...]
Quote of the day: Seeing the light
"Builders are seeing the light...They are cutting prices more aggressively. They're very nervous about all the foreclosures.''
-Mark Zandi, chief econ [...]
Quote of the day: If that's GOOD news…
...we'd hate to see their idea of bad news.
"If there was any good economic news in the last month, it would have to be the universal realization tha [...]
Quote of the day: Deeper and deeper
"The current assessment is that we expect house prices to maintain their steady state or potentially begin to further accelerate downward in light of [...]
Quote of the day: Shelbourne Development "certain" Spire will be built
Over the weekend, The Sunday Business Post in Ireland reached a spokeswoman from Chicago Spire developer Shelbourne Development Group to discuss the l [...]
Quote of the day: New names for new times
"It's the best of New Loop."
- From Emerald's latest ads in the RedEye. What, has "West Loop" lost its cachet already? is "New Loop" the latest in a [...]
Quote of the day: Paradigm shift
A Chicago Tribune report from Friday finds a silver lining - if however faint - in the housing crisis: Real-estate agents are educating themselves, ex [...]
Quote of the day – the next hot housing type
"A year or two from now, we'll all be living in trailer parks."
I'd fallen into a discussion of economic conditions with an old friend who's one of [...]
Quote of the day: Investing in art
When the market goes south, people look for strong investments that do not lose value. Some people will buy art, and this is somewhat like art. These [...]
Quote of the day: Aqua hotel washed away
Despite the opportunities this property presents, the financial markets and economic operating environment have changed significantly since we first [...]
Quotes of the day: Developers hanging in there
We're anxious to build but the market hasn't allowed us to construct it. We're disappointed, but we're not fazed by it.
- Dynaprop principal Rick T [...]
Quote of the day: Your weekly Spire update
As you've may have read in the the papers (or on our handy-dandy YoChicago news feed!), Beanie Babies billionaire Ty Warner has signed a contract fo [...]
Quote of the day: One of the worst
“From a high-end perspective, Chicago may be one of the worst (condo) markets” in the country, Mr. Trump said.
- From a Crain's article about yeste [...]
Quote of the day: Great for whom?
Everybody wants to sell to a ballplayer. It’s great for the image.
- Appraisal Research Counselors Vice President Gail Lissner, on Rex Grossman's pur [...]
Quote of the day: Trump relinquishing retail?
Retail can dictate the image of a building... When you sell retail like this, you can lose control of the image of your building.
- David Stone, pres [...]
Quote of the day: What about The Breakers?
To honor of the 100th anniversary of Daniel Burnham's Plan of Chicago, city leaders are putting on their jumbo-size thinking caps and thinking big, ac [...]
Quote of the day: Aurora is the new South Loop
Talk about endless levels of ambiguity! An article on planning initiatives on the Tribune Web site contains this gem:
Yet there are those like Judy G [...]
Three views on North Side neighborhoods
Mark and I spent the past couple of weeks talking to developers and agents about the appeal of North Side neighborhoods like Lincoln Park, Lake View [...]