Crain's Chicago Business

The planned project at 70 E. Lake St. will be the firm’s largest downtown conversion yet, and among the biggest privately-backed conversions taking shape downtown.

The administration was non-committal on making the full $260 million advance pension payment as property tax delays continue to haunt Cook County taxing bodies.

Judge Brendan Hurson stayed several parts of the rule, days before they were set to go into effect.

The ordinance, passed by the City Council in 2024, requires property owners in parts of the North and West sides to give tenants an opportunity to buy their building.

On July 1, a condo at the St. Regis tower sold for about $7.76 million, the highest price paid for a Chicago home so far this year. Two weeks later, a Lincoln Park house sold for $7.4 million.

It's a move that would bolster the online retail giant's local network of distribution centers with a big new hub close to downtown.

U.S. regulators traced a cyclospora outbreak linked to more than 1,600 illnesses in five states to shredded iceberg lettuce served at Taco Bell restaurants, identifying a single supplier as the apparent source.

The deal marks the realization of Shore's first real estate fund, created in 2021.

A neighbor used water bills to disprove the university's claim that the homes are being held for faculty housing, prompting Evanston to take action.

Two new attorneys looking to enter the legal fight over Resilience Healthcare have dragged out a resolution on the operations and possible reopening of its shuttered West Suburban and Weiss Memorial hospitals.