Downtown Chicago apartment market falls further, but suburbs stay strong – Crain’s

The downtown occupancy rate fell to 87.1 percent in the third quarter, down from 93.8 percent a year earlier, according to the Chicago office of Integra Realty Resources, a consulting and appraisal firm. The rate has never been that low in the 22 years since the firm’s executives began tracking the downtown market. But the suburban apartment occupancy rate rose to 95.3 percent in the third quarter, up from 95.1 percent in the second quarter and 95.0 percent a year earlier, according to Integra.
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Thomas
5 years ago

Nobody cares.

Christopher Lloyd Columbus
5 years ago

Ouch! They cut my heads off! I’m bleeding! Help me!

The True Believer
5 years ago

Thank Lori, Sophia King and the Grant Park Advisory Council for the destruction of loop real estate for giving into blm and taking down the statues. They must be defeated for this.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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