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News

5/26/2022 Exterior lighting improperly wired to unit—Daily Herald

Q: I am an owner of a unit in a townhouse-style condominium association.
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5/26/2022 Owner Of Edgewater’s Epworth Church Withdraws Demolition Permit As Landmark Process Moves Forward—Block Club Chicago

The buyer of Edgewater’s Epworth Church has withdrawn a demolition permit application for the historical church campus slated for redevelopment.
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5/24/2022 Mag Mile condo owners sue owner MetLife over cooling issues

MetLife, the New York insurer that took over the Mag Mile’s pricey Water Tower Place last month from Brookfield Property Partners, inherited something else: a lawsuit from condo owners.
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5/17/2022 Waldorf Astoria penthouse asking $15M comes back on the market—The Real Deal Chicago

A $15M condo touted last June as a sign the downtown condo market is coming back has returned — six months after it was taken off listing sites.
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5/12/2022 Developer plans condo project in Gold Coast—The Real Deal Chicago

A Chicago-based developer is planning a 34-story condo building on a Gold Coast site where a previous Condo tower deal fell apart.
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5/12/2022 Fees in condo sales amass quickly, but relief may soon be on horizon—Chicago Daily Law Bulletin

I have a client who is selling a condo in a Chicago suburb for $166,000.
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5/12/2022 Chicago's real estate market is red hot on the South Side—ABC7 News

An analysis of property values reveals new insight about the real estate market on Chicago's South Side, which is also home to some of the city's largest new development plans.
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5/12/2022 Obituary: Ruthe G. Sacks—Legacy.com

Ruthe Sacks, born in Chicago to Celia (Kosikov) and Aaron Goldstein, led a self-proclaimed magical life.
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4/12/2022 'A civic embarrassment': With more than a decade as a hole in the ground, new plans for the Chicago Spire site—CBS News Chicago

Fifteen years ago, a world renowned architect planned to bring the Spire to Chicago a giant luxury condo building with sky high prices.
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4/12/2022 City funds come to the rescue of ‘troubled buildings'—Crain's Chicago Business

The vintage condo building on Crandon Avenue in South Shore is in frightful straits.
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4/5/2022 Engineering report lacks repair path for board—The Daily Herald

Q. An engineer inspected the balconies in our association, built in the 1980s.
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4/1/2022 Chicago inventory at record lows as spring selling season heats up—The Real Deal Chicago

Chicago Compass broker Robin Allotta expected plenty of attention when she listed a four-bedroom, two-bath Arlington Heights home on Feb. 17. Just not this much.
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4/1/2022 Developers to bring over 9,000 apartments to Chicago’s West Loop—The Real Deal Chicago

The West Loop is having an apartment development boom unlike anywhere else in Chicago.
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4/1/2022 Illinois bill would require condo boards to give unit owners access to building records more quickly—FOX 32 Chicago

A state senator who represents part of Chicago's North Lakefront wants to improve access to building maintenance records for condo owners.
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3/28/2022 Chicago co-op owner losing battle to save historic foyer—Loop North News

The complicated world of condominiums, co-operative apartments, and homeowner associations is filled with rules and restrictions, and powerful boards of directors in control.
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3/23/2022 Demolition surcharge in gentrification hot spots up for two-year renewal—Crain's Chicago Business

A one-year pilot designed to slow gentrification in two fast-changing parts of the city has been effective, advocates say, and should be renewed for another two years.
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3/23/2022 Greystone Provides $57 Million in Acquisition Financing for Chicago Condo Deconversion—Globe Newswire

Greystone, a leading national commercial real estate finance company, has provided $57,165,000 in bridge financing for the acquisition of Terrace of Elk Grove Apartments, a 427-unit condominium property in Elk Grove Village, Illinois.
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3/18/2022 Mixed Living in Chicago: Behind The Shops at Big Deahl—Multihousing News

The residential market has been rapidly recovering across the U.S., with developers striving to keep up with rising demand and new trends.
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3/17/2022 A Gap Between Supply And Demand Has Chicago Developers Headed West—Bisnow

Chicago-based residential developers are increasingly looking south and west as they seek out new markets with great returns.
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3/17/2022 Chicago fire crews battle blaze in Edgewater neighborhood—CBS News

Flames shot from the roof of a condo building in the Edgewater neighborhood Monday afternoon.
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