In a statement released on March 10, National Apartment Association (NAA) President and CEO Bob Pinnegar and National Multifamily Housing Council (NMHC) President Doug Bibby issued the following statement on the passage of the American Resc…
Noise is an acknowledged part of urban life - particularly apartment living. Some of it - traffic, garbage collection, people shouting on the street - is external, and is controlled (theoretically, anyway) by zoning laws and noise ordinanc…
In our recent article, 'Bulk Sales in Chicago’s Condo Market,' ( https://chicagocooperator.com/article/bulk-sales-in-chicagos-condo-market ), CooperatorNews Chicagoland examined the unique circumstances governing bulk sales in Illino…
CooperatorEvents Presents a VIrtual Town Hall: The Long Haul - Understanding the Lasting Impacts of COVID-19 on Your Co-op or Condo Association. Sponsored by The Building Group, Inc. and Levenfeld Pearlstein, LLC. Thursday March 4th, 2021 …
The Chicagoland condominium market has weathered some extreme economic fluctuations since the financial crisis of 2008 - arguably more so than other large urban/suburban markets. One result of this is a higher number of condo properties exp…
The coronavirus crisis has brought about many unwelcome changes to households around the world—but it has also allowed or inspired some to make lifestyle choices that were impractical or otherwise out of reach before. One such choice has be…
As we all know - and are probably sick of hearing at this point - the past year has been a time like no other. Many of us who regularly work in offices have been working from home, many for the first time. Does that qualify us for the same…
Since the second week of January, many co-op boards have been busy working with their banks to complete Paycheck Protection Program (PPP) applications. The inclusion of co-ops in the Fed’s forgivable loan program was the result of a joint e…
When purchasing a residence in a condominium, homeowners association or a co-op, you by default agree to reside in a community association. You live in relatively close proximity to your neighbors and equally share the right to utilize comm…
A Helmut Jahn-designed tower at 1000 South Michigan Avenue—dubbed 1000M—has experienced a series of ups and downs, both literally and figuratively. Originally intending to build a luxury condo rising 832 feet into the skyline and housing …