Page 4 - Chicagoland Cooperator Winter 2020

4 THE CHICAGOLAND COOPERATOR —WINTER 2020 CHICAGOCOOPERATOR.COM Industry Pulse Events The Chicagoland Virtual Expo is Coming! Attention Property Managers, Board Members, Condo, HOA and Apartment Owners! Cooperator Events announces its first virtual Expo in Chicago, taking place on May 26, 2021 from 10:00am to 4:00pm. This virtual gathering will be a who’s-who of Chicagoland industry professionals. Explore the virtual exhibit hall, interact with vendors and service providers at their booths through text and video chat, attend a full day of seminars, panel discus- sions and virtual networking, all from the convenience of your office or home com- puter. Best of all, the event is completely FREE to attend; just visit chicago.yrexpos. com to register. You’ll receive an email confirmation with a link to attend the event that will activate on the day of the show, unlocking a wealth of information on everything from better management practices to boiler repair. It’s that easy! The Chicagoland Cooperator Introduc- es FREE Webinars—a New Resource for Boards and Managers at chicago.coopera- tornews.com/events The Chicagoland Cooperator , a Yale Robbins publication, has been a re- source for the boards, managers, and residents of co-ops, condos, and HOAs for nearly two decades, both in print and online—and we are pleased to an- nounce a new addition to our toolkit. Yale Robbins Productions has launched Cooperator Events, a new series of FREE educational ‘town-hall’ style webinars, sponsored by leaders in the multifamily industry and focusing on issues and chal- lenges facing today’s boards. We have as- sembled expert panels on everything from legal questions around the COVID-19 pandemic to optimizing your insurance coverage to disinfecting your commu- nity’s pool. Registration and attendance are FREE to all—just visit chicago.coop- eratornews.com/events, choose the webi- nar you’d like to attend, and sign up. It’s that simple. You’ll get an email link and reminders for the event, and will have the opportunity to submit questions for the panelists before AND during the we- binar itself. Past events are archived and available on-demand on chicago.coopera- tornews.com/events. Serving on your board is a big job, and a big responsibility, but sound, timely advice from industry veterans can help lighten the load and make your building or association run more smoothly. We’re committed to helping you achieve that, and look forward to ‘seeing’ you at an up- coming webinar! Development Downtown Market Will Rebound, Say Pros According to a recent report in the Chi- cago Tribune , the word among Windy City real estate circles is that the pandemic has ground residential sales downtown to a crawl, thanks to more people working re- motely—and as a result seeking out larger homes with more elbow room and out- door space in outer neighborhoods and suburbs. However, Ted Weldon, Executive Gen- eral Manager of Development for Lend- lease Chicago, says he sees nothing but promise for downtown home sales in the coming years. “There is always migration to the suburbs, but we’re very bullish on the urban downtown market,” he says. “People love and thrive on the nightlife and the incredibly short commute. It’s a trade-off — if you live in the suburbs, you’re looking at an hour commute every day.” Weldon’s company is itself readying for The Reed, the next phase of the company’s ongoing Southbank development on the edge of the Chicago River. Set to open in 2023, The Reed will be set on the South Branch of the river with 216 condomini- ums and 224 rental apartments spread across 41 floors at 234 W. Polk St. in the South Loop. The Reed follows The Cooper, which opened in 2018, and the two-acre South- bank Park. In all, the Southbank develop- ment is set to fill seven acres of land at Polk and Wells streets, not far from the Roosevelt Collection. One-, two- and three-bedroom condos will be sold starting at $390,000 and will range from 630 to 1,670 square feet. Lo- cated on floors 23 to 41, the condos will have views that can reach as far as Lake Michigan, Weldon said. n PULSE Please submit Pulse items to Darcey Gerstein at darcey@cooperator.com C W OIN ASHER C . O Old Fashioned Service with Modern Laundry Room Technology •Proudly Serving the Chicagoland and Midwestern Area since 1958 •Multi-Family Housing Laundry Room Sales, Service, Leasing, and Rentals. •Laundry Room Lease and Rental Programs Custom Tailored to Your property’s needs and expectations •Coin/Smart Card/Credit Card/Payment App Activated Equipment •Laundry Service with Integrity and Reliability For the “Best Laundry Service in the Business” Call Coin Washer at (800) 338-COIN | Elmhurst, Illinois 60126