New figures show downtown is being drained of apartment dwellers – Crain’s

The downtown apartment occupancy rate is down to 89.2 percent in the second quarter, its lowest level since 2002

Some tenants are fed up with the violence and mayhem that has resulted in boarded-up storefronts and made them uneasy. Others who now work from home due to the coronavirus pandemic are no longer willing to pay sky-high rents to live near an office that’s closed or in a once-vibrant central business district that’s suddenly sleepy.

“The Loop’s like a ghost town.” Suburban landlords, meanwhile, are faring surprisingly well.

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What You Need To Know About The Legislative Probe Of Speaker Michael Madigan – WBEZ (Chicago)

“It’s a process that historically has been reserved for lawmakers accused of crimes – including disgraced ex-Gov. Rod Blagojevich. But its focus on the longest-serving House speaker in American history and sitting Democratic Party chair is extraordinary. Madigan himself has not been charged, but an expanding federal probe into ComEd’s interactions with the speaker is closing in on him.”

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