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Assessor plan cuts into biz taxes
Crain's Chicago Business, Greg Hinz, 11/29/99
Asserting that Cook County commerce needs a competitive boost from the tax man, Assessor James Houlihan is moving forward with a proposal to slash key business assessments as part of the biggest shake-up in decades of the county's $7-billion-a-year property tax system. ...
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STAIRWAYS TO HEAVEN SOMETIMES FALL SHORT A TREMENDOUS BOOM IN LOFT AND ...
Chicago Tribune, J Linn Allen, Tribune Staff Writer, 10/24/99
The assessments for Gerald Garfinkle's loft condominium on Chicago's newly chic Near West Side have gone up 65 percent in three years. ...
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DEVELOPER SEES EDGE FOR NEW N. SIDE HOTEL
Crain's Chicago Business, Thomas A Corfman, 8/2/99
Despite an increasingly crowded hotel market, a developer proposing a budget hotel in high-priced Streeterville is betting the project's success on a combination of a prime location and a strong brand name. ...
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HIGH STAKES VIEWS FROM THE TOP COME AT A PRICE,...
Chicago Tribune, John Handley, Tribune staff writer, 7/11/99
The sky's the limit in downtown living. High-rise homes in the clouds with panoramic views of Lake Michigan and Chicago's skyscraper skyline can set you back as much as $3.5 million. ...
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Rising to the Occasion in Chicago ---...
Wall Street Journal, Rekha Balu, 6/16/99
The city that boasts heady architecture and a trademark skyline will soon offer more rooms with a view. High-rise residences are sprouting up here throughout downtown and nearby neighborhoods,...
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SALE OF RETAIL BUILDING DELAYED AFTER SOME PROTEST $80,000...
Chicago Tribune, Regina Dove, 4/7/99
Park Forest officials have postponed voting on the sale of a downtown retail building after some officials and residents opposed it, saying the village-owned building is worth twice the asking price. ...
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TRUSTEE CHALLENGES APPRAISAL OF DOWNTOWN RETAIL BUILDING:...
Chicago Tribune, Regina Dove, 4/5/99
Trustees will hold a special meeting Monday to discuss the proposed sale of a downtown Park Forest retail building that some officials oppose, saying the building is worth twice the current asking price. ...
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Steven Kelley,Michael Wingader, Steven Kahane,Margarita Lopez, Mary Washington
Midwest Real Estate News, Staff Writer, 3/29/99
Several changes have taken place at Appraisal Research Counselors Ltd. Steven Kelley and Michael Wingader rejoined the firm. Steven Kahane, Margarita Lopez, and Mary Washington are new hires. ...
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NEW HIGH-RISE SIGNALING CITY RENTAL REVIVAL
Crain's Chicago Business, Thomas A. Corfman, 3/29/99
The team that's building the city's first apartment high-rise in eight years is launching another one on a vacant parcel in the Illinois Center complex, lighting a fire under the rental market. ...
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REAL ESTATE REVIEW
Crain's Chicago Business, Thomas A. Corfman, 3/8/99
Condominium conversion is reaching into a new arena: parking garages. Veteran developer David "Buzz" Ruttenberg is undertaking in Lincoln Park what experts say may be the first condo conversion of a public parking garage in Chicago. ...
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CONVERTING THE MASSES
Crain's Chicago Business, Thomas A Corfman, 3/1/99
When Nicholas Gouletas approached basketball star Isiah Thomas in 1988 about investing in his $200-million plan to convert Chicago's Lake Point Tower into condominiums, Mr. Thomas--a Chicago native...
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Tighter processes close loans faster
Illinois Real Estate Journal, Staff Writer, 1/4/99
The industry's demand for quicker transactions is affecting even the title business. One way title firms are helping turn around property transactions faster is by incorporating more services into their list of services. ...
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UPGRADES AND OPTIONS MATTER AT PURCHASE--AND RESALE:...
Chicago Tribune, Lois McAloon. Special to the Tribune, 11/14/98
Whether you're buying a first home or a move-up, your selection of options and upgrades at the start often manifest themselves when it's time to sell. ...
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DOMINICK'S-JEWEL FIGHT FILLS DEVELOPERS' PLATES:...
Chicago Tribune, J. Linn Allen, 10/14/98
Talk about turf wars. Dominick's Finer Foods and Jewel Food Stores are like two kids in a school-lunch line trying to elbow each other out of the way. ...
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Multifamily sector sees towering rental rates
Midwest Real Estate News, 10/1/98
Apartments have been the favored investment for investors for some time now, and multifamily properties in the Chicago are are no exception. ...
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LOFTY HOUSING MARKET DRIVES BIG CONVERSION
Crain's Chicago Business, Thomas A. Corfman, 6/29/98
As the city's real estate market shows little sign of slowing, a veteran of the housing boom is putting together plans for a $100-million, 500-unit loft development west of the old Main Post Office and...
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VALUE JUDGMENT TAKING A CLOSE LOOK AT...
Chicago Tribune, Julie Bennett. Special to the Tribune, 6/26/98
The fate of your next home purchase or mortgage refinancing may be determined in an unpretentious, computer-lined office suite like the one real estate appraiser Donald Zimmerman runs in Northfield. ...
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FOR THE RECORD
Crain's Chicago Business, Paula Lyon and Greg Hinz, 4/13/98
As mergers continue to sweep the financial services industry, Prospect Heights-based consumer lender Household International Inc. announced it will buy Wilmington, Del.-based consumer loan and credit card company Beneficial Corp....
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RITZY HOTELS BOOK SPACE ON MAG MILE
Crain's Chicago Business, Thomas A. Corfman, 4/13/98
As the number of downtown real estate projects continues to surge, local developers are preparing multimillion-dollar deals to bring two posh new hotels to the Magnificent Mile. ...
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FEEL THE SQUEEZE? FOR CHICAGO AREA TENANTS,...
Chicago Tribune, Jane Adler. Special to the Tribune.., 2/8/98
These days, finding a good apartment around Chicago is about as easy as getting center row tickets for the hit musical "Rent." In both cases, the house is practically sold out. ...
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HIGH-RISE HOPES ARE STUCK IN THE BASEMENT
Crain's Chicago Business, Thomas A. Corfman, 12/15/97
They've turned on the spigot for apartment high-rises in downtown Chicago, but after one big splash, the flow will slow to a trickle. ...
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HIGH-RISE HOPES ARE STUCK IN THE BASEMENT
Crain's Chicago Business, Thomas A. Corfman, 12/15/97
They've turned on the spigot for apartment high-rises in downtown Chicago, but after one big splash, the flow will slow to a trickle. ...
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Names in the News
Midwest Real Estate News, 11/1/97
Chicago Michelle Corey joined First Industrial Realty Trust Inc. as regional investment officer...Ralph A. Pelton joined Golub & Co. as national director of special projects, focusing on securing financing and...
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LOOP HOPES ALL IN A TIF;DEVELOPERS LOVE IT,...
Crain's Chicago Business, Betsy Wangensteen, 10/7/96
The city's newly unveiled proposal to expand the North Loop tax increment financing district takes on a problem that has vexed the private sector since Chicago's real estate market began its slow climb to recovery from the crash of 1992. ...
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SKYSCRAPER TO REPLACE PARK HYATT;...
Crain's Chicago Business, Steven R. Strahler, 6/17/96
A luxury hotel-condominium tower that could reach 60 stories, rivaling all but the John Hancock Center among Michigan Avenue skyscrapers, is slated to replace the Park Hyatt Hotel across from the Water Tower. ...
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WHAT ONLY AMLI SEES IN SUBURBS; BUCKING TREND,...
Crain's Chicago Business, Betsy Wangensteen, 5/6/96
Chicago's Amli Residential Properties Trust has never played much in its own backyard, and for good reason. Most suburbs have fiercely resisted apartment development-even the upscale projects favored by Amli. ...
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GOING ALOFT YOUNG BUYERS INVIGORATE MARKET...
Chicago Tribune, Jane Adler, 2/4/96
Think back 35 years. The mild-mannered '50s had ebbed, and things were finally starting to jump. In New York City's warehouse district, artists staked out the upper floors of old industrial buildings where they would live and work. ...
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STRATEGIC MOVE BEADLE JOINS TANGUAY-BURKE-STRATTON...
Chicago Tribune, Jane Adler. Special to the Tribune.., 10/22/95
Jay Beadle, who previously was corporate managing director at Chicago-based Julien J. Studley, has joined Tanguay-Burke-Stratton Comprehensive Real Estate Services, Chicago. ...
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WARD'S SAYS NO PLAN TO MOVE HQ, BUT...
Crain's Chicago Business, Tom Andreoli, 11/21/94
The consultant, Chicago-based Equis Corp., specializes in finding space for corporate tenants. Locally, Equis in recent years has found new headquarters for Chicago Title & Trust Co....
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CAROLINE A. BARTUSEK, ROBERT E. LONG JR.:...
Chicago Tribune, 12/4/93
Caroline Anne Bartusek and Robert Emmet Long Jr. were married Oct. 9 at Holy Name Cathedral. Rev. Edward J. Fealey officiated. ...
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What price fitness? For Charlie, millions:...
Chicago Tribune, 6/4/90
The owner of the Charlie Club & Fitness Center, 112 S. Michigan Ave., has put the club and hotel building up for sale. His asking price: $27.4 million. ...
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High living on the rise 3,700 rental and condo units being added to...
Chicago Tribune, J. Linn Allen, 3/25/90
Chicago's central area is in the midst of a boom in high-rise residential construction, most of it targeted to the very well heeled. ...
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Inland Steel Building rehab part of contract:...
Chicago Tribune, Steve Kerch.., 10/29/89
The recent announcement of the purchase and imminent rehab of the Inland Steel Building at 30 W. Monroe St. by Chicago developer JP Interests has focused renewed attention on Chicago's older downtown office buildings,...
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Plan pictures Ft. Sheridan as a residential enclave:...
Chicago Tribune, Robert Enstad.., 10/9/89
Imagine taking the officers' homes at Ft. Sheridan, destroying them and turning them into new housing units for the public. Add to that the gentrification of some of the old historic Army buildings,...
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Cemetery considered at fort site:...
Chicago Tribune, Robert Enstad.. Chicago Tribune (Pre-1997 Fulltext)., 8/11/89
A national cemetery of between 40 to 300 acres is being considered for Ft. Sheridan by the Department of Veterans Affairs, Rep. John Porter (R. Ill.) disclosed Thursday. ...
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High-rise residents want space of a home:...
Chicago Tribune, Jim Sulski..., 5/6/89
Bigger is proving better at some high-rise condominium and apartment buildings in downtown Chicago. "Space has simply become more important to residents of the downtown area,"...
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WORK ETHIC CARRIED TO A NEW HEIGHT:(FINAL EDITION, C)
Chicago Tribune, J Linn Allen. Chicago Tribune (Pre-1997 Fulltext)., 12/18/88
It's beyond cocooning. When the cocoon-that 1980s style of living that provides for everything and shuts out the world-becomes a workplace, it changes into something else. ...
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31 UNITS SOLD TO LAKE POINT CONDO BUYERS:...
Chicago Tribune, Chicago Tribune (Pre-1997 Fulltext), 10/15/88
Buyers of condominiums at Lake Point Tower, 505 N. Lake Shore Dr., closed on 31 units valued at $11 million on Oct. 6. ...
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VARIETY IN COST, SIZE FOUND IN APARTMENTS:...
Chicago Tribune, Jerry DeMuth..., 8/12/88
Renters now can spend as much in the suburbs for luxury units as they would in downtown Chicago, about $1 a square foot. Developers are targeting professionals working either in the city or the suburbs,...
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ESTHETICS SHOULD RULE WHEN IT COMES TO SPACE:...
Chicago Tribune, Todd Wilkinson, 8/15/86
You've got the money and a good line of credit, and now you're ready to invest in your dream condominium. As you shop, the newspaper ads lure you with the words "roominees" and "spaciousness." ...
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WHAT YOU WILL FIND WHEN STARTING TREK TO BUYING,...
Chicago Tribune, Jerry DeMuth. ..., 8/16/85
"People who are renters are going to have a lot more choices then they did two years ago," said Sandra Moore, general manager of Relocation Consultants Inc. of Chicago, in Elmhurst. ...
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LOW VACANCY RATE AN OBSTACLE:...
Chicago Tribune, Anne Little. Chicago Tribune (pre-1997 Fulltext), 4/12/85
Finding an apartment to rent in the Chicago area this spring may be slightly easier than hunting the proverbial needle in the haystack. But not much. ...
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STREETERVILLE BUILDING, 68, TO BE REBORN:...
Chicago Tribune, Charles E Hayes, 2/10/85
After leading a colorful life for 68 years, the first milti-use building in Streeterville soon will get a $1 million facelift and start live anew. ...
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