Articles filed under Real Estate
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Referendum seeks to reverse Sugar Grove approval of controversial 761-acre developmentDec 27, 2024 9:42 am - Opponents of the large The Grove development in Sugar Grove continue to fight it, with an advisory referendum asking officials to reverse approval.
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‘Luxury’ rental community with pool, shops, pickleball and dog park proposed in CaryDec 23, 2024 1:24 pm - A conceptual review for a “luxury” mixed-use development has received an enthusiastic green light from the Cary Village Board.
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Internal emails, texts show how Arlington Heights worked with school districts to strike Bears dealDec 21, 2024 1:15 pm - Email and text communications obtained by the Daily Herald reveal the extent of Arlington Heights' efforts to broker a tax deal with schools in hopes of luring the Bears away from the Chicago lakefront.
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After some disagreement, Schaumburg trustees approve new regulations for short-term house rentalsDec 20, 2024 12:59 pm - In its last binding action of 2024, and not without some final disagreement, the Schaumburg village board voted 5-1 to approve new regulations on short-term home rentals that will be in full effect no later than Jan. 1.
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Conversion of hotel into Lake County’s first permanent family shelter underwayDec 20, 2024 10:19 am - A Travelodge hotel in Waukegan will be converted into the first permanent shelter in Lake County for families with children experiencing a housing crises.
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Milan’s Via MonteNapoleone usurps New York’s Fifth Avenue as world’s most upscale shopping streetDec 18, 2024 1:06 am - New York’s Fifth Avenue moved down the list of most expensive retail destination, with Milan’s Via MonteNapoleone getting the top nod from a commercial real estate company that ranks shopping areas by how much rent they command.
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Federal Reserve is likely to slow its rate cuts with inflation pressures still elevatedDec 16, 2024 1:56 pm - Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting. The Fed's policymakers are likely to signal fewer interest rate cuts next year than were previously expected.
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‘Luxury’ car condos could soon roll into GilbertsDec 16, 2024 1:26 pm - Developers are getting closer to getting a green light from village board members to build a “luxury” car condominium complex with retail and clubhouse space in Gilberts....
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Shodeen fines snowball to more than $41K for blacksmith shopDec 14, 2024 4:59 pm - With fines over its property code violation ratcheting up to $41,250 — as of Dec. 10 — developer Shodeen filed a new court action to undo the city of Geneva’s effort to make a former blacksmith shop “weather tight.”
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Schaumburg eyes $10.5 million purchase of county facility to transform village gatewayDec 13, 2024 4:03 pm - Schaumburg officials are hoping to purchase a Cook County maintenance building at the southeast corner of Algonquin and Meacham roads to spur redevelopment there.