Property News
With culture on hold due to COVID-19, a new South Loop apartment tower is bringing the art to its tenants with an artist in residence
Chicago Tribune - 11 Sep 2020 20:02
Over the course of her yearlong residency, Canary Garcia will create artwork for Aspire's public spaces at a time when COVID-19 put culture on hold.
Former Bears guard Kyle Long sells Lake Forest mansion -- at a loss -- for $2.5 million
Chicago Tribune - 11 Sep 2020 05:21
Retired Chicago Bears player Kyle Long sold his Lake Forest mansion after finding a buyer while it was listed on the private network.
Real estate CEO: NYC mayor must make streets safer, cleaner so people will want to return
CNBC - 11 Sep 2020 17:59
"We don't have a plan to build a better, brighter future for our city like we did post-9/11 and it's eerily scary," RXR Realty CEO Scott Rechler told CNBC on Friday.
Chicago-area renters are still being pushed out of their homes with threats of lockouts and notices on doors, despite COVID-19 eviction moratorium
Chicago Tribune - 11 Sep 2020 12:00
The pandemic-driven moratorium on evictions in Illinois keeps getting extended, yet Chicago-area tenants are still being served with notices.
The New York rental market is only getting worse as vacancies hit a record
CNBC - 11 Sep 2020 00:11
CNBC's Robert Frank reports on the weakening Manhattan rental market, as apartment vacancies hit a record while people flee the city amid the coronavirus pandemic.
19.3 million people could qualify for refinancing--Here's what to know about the market
CNBC - 11 Sep 2020 20:19
The 30-year mortgage rate has dropped to a record low of 2.86 percent and 19.3 million borrowers qualify for refinancing. Andy Walden, Black Knight market research director, and CNBC's Diana Olick discuss how many homeow...
Former Oklahoma coach Bob Stoops sells Gold Coast mansion for $1.68 million
Chicago Tribune - 11 Sep 2020 19:37
Former college football and pro football coach Bob Stoops and his wife, Carol, on Tuesday sold one of two greystone mansions they owned in the Gold Coast.
Borrowers extend bailouts as foreclosure risks rise
CNBC - 11 Sep 2020 16:22
CNBC's Diana Olick reports on borrowers extend Covid-19 bailouts as foreclosure risk rises.
Here are the changing trends in the real estate market during the pandemic
CNBC - 11 Sep 2020 13:45
Big cities across the country are seeing a rise in listings as people move to the suburbs. According real estate company Compass, search traffic has more than doubled with searches for outdoor spaces and pools up substan...