Category: Real estate business
Tribune checks in on Trump services as tower continues to rise
We still have a ways to go before we see a fully-formed, fully-functional Trump building, but we're starting to hear reports about the views and ameni [...]
Chicago builders offer predictions for 2008
They didn't use crystal balls, but a handful of key real estate players from the Lincoln Park Builders of Chicago nonetheless sought to predict the fu [...]
Magellan's principals dish on 25-year partnership
Lakeshore East is rising swiftly in the East Loop, and the Illinois Real Estate Journal recently ran a profile on Joel Carlins and Jim Loewenberg, t [...]
City Council passes transfer-tax increase
No surprise here: Aldermen completed the CTA bailout on Wednesday by passing a 40-percent transfer-tax increase for most (but not all) property buyers [...]
James Place condos still moving forward
James Place is still an active development, but those of you who have noticed the lack of groundwork at 100 W Huron St would be forgiven for thinkin [...]
Quote of the day: Fogelson reveals 23-acre development near McCormick Place
"It's the only vacant piece of land on Lake Shore Drive and it's ugly. Our plan is to cover this entire area."
- Jerry Fogelson, founder of Fogelson [...]
Deal of the day: $30K off, free parking and housekeeping at Belmont Row
MC Properties has dropped the prices of condos at Belmont Row in hopes of selling off the development's remaining stock of condos.
Five of the eigh [...]
Comment of the day: Recession and the fates of emerging neighborhoods
"Gut rehabs are still going on at a pretty good pace. A stroll around Buena Park reveals at least a half dozen gut-rehabs that are currently under con [...]
Quote of the day: A done deal?
"This is one of those votes I think a lot of us will make, holding our noses... If this doesn't happen, you are not going to have buses."
- Ald. Isaa [...]
Sales update: One unit left at Talman Place
Buyers in West Rogers Park apparently have taken to the Link Company’s Talman Place condominium conversion at 6127 N Talman Ave. The six-unit building [...]
Quote of the day: Living large in Chicago?
"Chicago’s still a bargain compared to other large urban centers. When people first start investigating deals in Chicago and they’re from New York or [...]
Comment of the day: Connecting the taxed to the tax-funded
"Lee is right: the availability of public transit adds thousands of dollars to the value of every property in the city - particularly the downtown com [...]
Deal of the day: Free weekends for potential customers at 200 N Dearborn
Speaking of incentives, the folks at 200 N Dearborn Private Residences continue to roll out deals for potential buyers.
We've reported more than once [...]
Counter-quote of the day: Incentives wrong for buyers, developers
"I’m a firm believer that [incentives] are a bad move for both the developer and the people buying. There’s no pricing integrity, and you run a real r [...]
Quote of the day: Affording to wait
"I'm waiting for the seller to bring down the price at least 10 percent, to include a $65,000 parking space or a year of free assessments. It's a buye [...]
Logan's Edge promotes amenities of neighboring Logan Square
With all this talk about “West Bucktown,” you’d think that the mere mention of Logan Square was enough to doom a development.
But there are project [...]
Sales update: Numbers barely budge at 235 Van Buren
Blame it on the winter chill, market uncertainty or something else entirely, but sales appear to have slowed at 235 Van Buren over the past five mon [...]
Landmarks Ordinance tops Preservation Chicago's 2008 watch list
In its latest review of the city’s threatened historical places, Preservation Chicago moved beyond buildings and neighborhoods and added a set of laws [...]
Touring the Rowhomes on Stave
As promised, here's some footage from our recent tour of the Rowhomes on Stave, 2060 N Stave St.
Jay Kuchenbecker of Century 21 Sussex & Reilly [...]
Logan Square side street home to new row houses
The biggest challenge Tim Sheahan and Jay Kuchenbecker have faced since the Rowhomes on Stave went on the market late last year is the fact that man [...]