Sterling Bay is surrendering a swath of land at its planned Lincoln Yards campus to its lender, a setback for the Chicago real estate firm's stalled $6 billion North Side development that stands to substantially weaken its grip on the megaproject.
Once Chicago goes bankrupt, and the City hikes taxes sky high, there will be zero market for overpriced apartment and condominiums
Brian Jones
1 year ago
I see lots of these Big Dream projects come and go around here. It doesn’t seem like the system isn’t set up for them to build the momentum they need to come true.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Once Chicago goes bankrupt, and the City hikes taxes sky high, there will be zero market for overpriced apartment and condominiums
I see lots of these Big Dream projects come and go around here. It doesn’t seem like the system isn’t set up for them to build the momentum they need to come true.