Quote of the day: Low expectations for 2009

“[We] won’t do them until the world turns around. It’ll be a year, two years, before you see anything new get off the ground in the city.”

Belgravia Group President / CEO Alan Lev, talking to the Tribune about his company’s plans beyond 565 Quincy, 600 North Lake Shore Drive and Union Row. Belgravia actually had a better third quarter than first or second, but Lev has low expectations for the fourth quarter.

Joe Zekas interviewed Lev about his projects and company’s approach to development earlier this fall. You can watch all of their chat on the NewHomeNotebook YouTube channel.

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