“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 yesterday’s topping-off ceremony at Trump International Hotel & Tower Chicago, 401 N Wabash Ave in River North.
Buyers had signed contracts for 365, or 75%, of the project’s 486 residential condos by July, according to Appraisal Research Counselors. Crain’s also reports that the Trumps will try to extend the project’s construction loans, which come due in a few months.
Mark and I attended yesterday’s press conference and took a look around three residential condos on the tower’s 37th floor. We’ll have more pictures and video from our visit up on Yo this week.