Category: COVID-19

Real Estate Industry Applauds Biden Admin's Recovery Efforts By Cooper Smith

A broad real estate coalition today applauded the measures President Biden has taken to stabilize the housing sector and urged the administration to sunset the federal moratorium on evictions on June 30, 2021. In a joint letter to Presiden…

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12/4/2023 What features condo buyers in Chicago want most in a building or unit—Chicago Agent Magazine

As anyone who has already gone through the process of buying a Chicago condo knows, there is so much more to consider than the cliché phrase “location, location, location” suggests.
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12/4/2023 Community reacts to proposed development at 5400 N. Ashland—Urbanize Chicago

A residential development is being proposed at 5400 N. Ashland.
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11/27/2023 Travelers unit prevails again in condo demolition case—Business Insurance

A federal appeals court ruled in favor of a Travelers Cos. Inc. unit on Friday over its refusal to compensate a Waukesha, Wisconsin, condominium association over its building’s planned demolition.
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11/7/2023 Hancock HOA fields complaints about reserve fund, late fees—Loop North News

An accountant studying the finances of the condominium association at The John Hancock Center is accusing the association, its property management company, accounting firm, and a reserve fund consultant of “potential criminal activities” involving its reserve study and other financial documents.
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11/6/2023 Homeowners associations can be a boon, or bust, for buyers. Here’s how to vet HOAs when house hunting—CNBC

Homebuyers are dealing with record-high costs this year amid interest rate hikes and shrinking supply.
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10/30/2023 Kiser Group Brokers $31.5M Condo Deconversion Sale in Chicago—REBusiness Onlibne

Kiser Group has brokered a Section 15 condominium deconversion sale of The Granville Tower Condominium Associated for $31.5 million.
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10/30/2023 New All-Affordable Building, The Seng, Welcomes Resident Move-Ins—Connect CRE

Chicago-based Structured Development is celebrating that its new all-affordable condominium building, The Seng, is more than halfway sold out, with 20 of its 34 below-market-rate homes closed or under contract.
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10/24/2023 Short supply helps drive existing-home sales to 13-year low —Chicago Agent Magazine

Existing-home sales fell to their lowest level since October 2010 in September, as high interest rates and limited supply throttled the pace of transactions.
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10/16/2023 Settlement in lawsuit against River North landlord accused of retaliation against journalist—Loop North News

Months after a state appeals court said an agreement enforced by a Marina City landlord was unenforceable because it had been signed under duress, that landlord has agreed to settle claims brought by a journalist that he had been illegally kicked out of his condominium unit because he published articles critical of the business activities of the husband of the president of his building’s homeowner association.
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10/16/2023 Crestwood senior citizen condo residents say dust, debris, dirt piles are daily hazards—ABC 7 News

Dozens of senior citizens reached out to the I-Team about what they called a dusty mess and potential safety issues outside of their condominiums.
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10/5/2023 Rany Management Acquires Remaining Condo Units at Multifamily Building in Chicago—RE Business Onlin

An affiliate of Chicago-based Rany Management has acquired the remaining owned condominium units of the building at 4180 N. Marine Drive in Chicago’s Buena Park neighborhood.
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10/5/2023 Permit issued at 3125 N. Clybourn for second of two condo buildings—Urbanize Chicago

A full building permit has been issued for the residential development at 3125 N. Clybourn, set to be the second of two new condominium buildings on the property.
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10/5/2023 As electric vehicle sales rise, Chicago still building out infrastructure for charging stations—CBS News

Navigating the path of buying an electric or hybrid vehicle can be tricky.
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10/5/2023 Small Fire on Roof of 7-Story Condo Building on Dunton Ave Arlington Heights—Arlington Cardinal

Police, firefighters and paramedics from Arlington Heights responded about 8:01 p.m. Sunday, October 1, 2023 to a report of a fire on a roof at the intersection of Dunton Avenue and Campbell Street in Arlington Heights.
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10/5/2023 Unit owner should pay electric bill for charging station

Q: Currently, the association pays for the electricity that serves the detached garages used by unit owners.
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9/26/2023 Program That Gives You Money To Catch Up On Homeownership Costs Ends Soon. Here’s How To Apply—Block Club Chicago

Time is running out to sign up for a pandemic program which provides thousands of dollars to help homeowners keep up with their housing payments.
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9/19/2023 Permit issued at 3121 N. Clybourn for first of two condo buildings—Urbanize Chicago

A full building permit has been issued for the residential development at 3121 N. Clybourn, set to be the first of two new condominium buildings on the property.
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9/19/2023 1 taken into custody after man fatally shot inside Loop high-rise condo building—NBC News

One person was taken into custody by Chicago police on Thursday night following a deadly shooting at a high-rise condo building in the Loop, authorities said.
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9/6/2023 As Homeowners Turn to Green Energy, Old Condo Buildings Are the Next Frontier, Says Bondi Energy Founder—Mansion Global

Belinda Gilbey has devoted her life to finding cost-efficient, environmentally friendly energy solutions for interior environments.
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9/6/2023 3121 N. Clybourn receives ZBA approval—Urbanize Chicago

The Zoning Board of Appeals has approved a set of special use applications for a residential development at 3121 N. Clybourn.
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