In the wake of the pandemic and in anticipation of the recovery to come, do New York City co-ops and condominiums need to consider setting themselves apart to compete in the market? The answer is yes - but the bigger question is, how? What…
Bisnow reports that Chicago and its outlying areas are seeing robust home sales in the first months of 2021—not just in the single-family market, but in condos as well. The outlet cites a report from the Chicago Association of Realto…
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…
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 …
Staging an apartment for sale has always been an important factor in getting the best price for your unit, but in the current market, it has become even more so. Many aspects of a condo or co-op unit are static, and while buyers are looking…
RE Journals reports that the firm of Avison Young has completed the sale of 317-325 W. Belden Avenue, a 19-unit condominium building in Lincoln Park, for an undisclosed sum, to an undisclosed buyer, who made an unsolicited offer. In…
Shocking absolutely no one, the National Multifamily Housing Council (NMHC)'s recently-released Quarterly Survey of Apartment Market Conditions for April 2020 shows unit sales and other indicators slumping as the residential real estate ind…
Even before the economic meltdown and the media storm swirling around the thievery of money men like Bernie Madoff, financial mismanagement and fraud were destructive problems for many co-op and condo owners. A co-op or condo is a ma…
Back in the ‘Gilded Age’ of the 1980s and 90s, Robin Leach hosted a popular TV show called Lifestyles of the Rich and Famous. His show, along with soapy series melodramas like Dynasty and Dallas gave the rest of us a front-row s…