Category: Quote of the day
Quote of the day: extra-wide condos draw buyers
"The wider you build a unit, the more attractive it is. If you can build an extra-wide unit in just about any neighborhood that’s decent, you’ll sell [...]
Quote of the day: stone and substance in New York, Chicago
"Ubiquitous as glass condo buildings have lately become - glass is the new white brick - New York's wealthy, unlike their Mies van der Rohe-dwelling c [...]
Quote of the day: the smallest patch of green
"The smallest patch of green to arrest the monotony of asphalt and concrete is as important to the value of real estate as streets, sewers and conveni [...]
Quote of the day: woe to the Will County housing market
"It's going to be tough going forward for most of the villages and cities that were depending on this growth. Right now, the worst off are the homebui [...]
Quote of the day: a skyscraper is easy
"A chair is a very difficult object. A skyscraper is almost easier. That is why Chippendale is famous."
- Ludwig Mies van der Rohe [...]
Quote of the day: changes in Lake View 'difficult to watch'
“As the community becomes more and more affluent, what’s here is different than what they’re looking for. You see a shift from a unique little coffee [...]
Quote of the day: foreclosures hit Austin, Humboldt Park, Englewood harder
"The market is still strong. It will assimilate these foreclosures. The impact is not as much as in areas like Austin, Humboldt Park and Englewood, wh [...]
Quote of the day: Lake View's fate
"Anything that's happening in Lincoln Park is five years away in Lake View."
- Ald. Tom Tunney (44th) in a recent conversation with Yo [...]
Quote of the day: put historic buildings back on the tax rolls
"My view is if you have an historic building that graces the city's lakefront skyline and there is an opportunity to reuse the structure and put it ba [...]
Quote of the day: development highly localized
"Development is a highly localized thing. If you live in a 10-story building, on the fifth floor facing south, and someone was going to build a 25-st [...]
Quote of the day: The West Loop needs us
"This is an area that is really void of retail and is something that the community needs and really is looking for."
- Gary Pachucki, president and f [...]
Quote of the day: no more easy money
"When we first started at ParkView [in April 2005], we did see a few more speculators, but I think that market has kind of quieted itself. I think the [...]
Quote of the day: converting a '20s high-rise
"I think that at first glance, because it's on Lake Shore Drive, you may want to make it more modern. . . It would have been a lot easier and cheaper [...]
Quote of the day: wellness is the new luxury
"Wellness is really the new luxury."
- Related Midwest's Nancy Nugent, who is leading sales for Canyon Ranch Living - Chicago. The project comprises [...]
Quote of the day: the ups and downs of real estate
"Chicago has been the fulcrum of the teeter-totter. It has never gotten up as high as New York, Miami, California -- and never as low. It's much more [...]
Quote of the day: Fulton Market. It's what's for dinner.
"Fulton Market still comprises meat-packing facilities. But the meat-packing facilities are next to art galleries and five-star restaurants."
- David [...]
Quote of the day: when the market returns
“When the market returns -- and it will, as it always does -- I don’t believe that if we tried we would be able to build enough multi-family housing t [...]
Quote of the day: keeping it real in Lake View
"I don't think we're going to change the feeling to completely upscale. Are we going to be a Gold Coast one day? I doubt it."
- Maureen Martino, exec [...]
Quote of the day: the not-so-amazing disappearing condo projects
"I definitely do think that we could see some projects that just decide that they haven't achieved the sales velocity that they really needed, and I t [...]
Quote of the day: condos 'yuppifying' Lake View
"The expensive condos are good for the tax base, but you have a change in personality in the neighborhood. It’s more yuppified."
- Jim Ludwig, presid [...]