December 2014

There are 11 blog entries for December 2014.

New Year's Day Brunch in Chicago

Whether you’re just visiting Chicago for all the New Year’s Eve festivities or happen to live here full time, what better way to kick off your 2015 than with a delicious brunch after a long, fun, and eventful night of partying?

There are few things Chicagoans like more than a solid brunch on a Saturday or Sunday morning, or in this case Thursday, and if you’re going to be in or around the downtown area looking for a great spot to satisfy that mid-morning appetite, here are a few places that top our list for the best brunch in town:

Howells & Hood | Streeterville

Happening from 10 a.m. to 2 p.m. is the Howells & Hood New Year’s Day Hangover Brunch. $29 per person will get you unlimited access to a limited edition menu, an omelet bar, charcuterie, and

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2015 Chicago Real Estate Market

Although 2014 was a fabulous year for the downtown Chicago real estate market, 2015 aims to be a whole lot better, and here are just a few reasons why:

The Chicago Rental Market Will Continue to Thrive

If you think the past 12 months were insane for the luxury apartment market in Chicago, get ready for an even crazier 2015. In 2013, 2,882 apartments in large-scale developments were added to the downtown market, while in 2014, another 2,104 were also delivered. Next year, an astonishing 3,838 new apartments will hit the market—a record number for downtown Chicago. Let the madness begin!

Looser Lending Standards Now in Effect

It’s been a long time coming, but Fannie Mae and Freddie Mac have finally implemented new lending guidelines that put in place a 3%

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Wanda Vista Hotel & Residences

Believe it or not, it's been nearly 6 months since we first heard about a possible new development coming to Chicago's New Eastside neighborhood, but this past week, chatter about what could very well change Chicago's skyline has started to pick back up, and what's being said is rather excitng on a number of different levels.

Back in July, details were still a little hazy about what could become the Windy City's 3rd tallest building, but as the Chicago Triune reported yesterday, plans for this massive new downtown high-rise, now being called Wanda Vista, are starting to become a bit more focused.

The developers behind the project, The Wanda Group and Chicago-based Magellan Development Group, certainly have an ambitious plan for the New Eastside site,

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The Ronsley, 678 N. Kingsbury Chicago IL

Exciting news reported from Crain’s Chicago today about sales finally getting under way next month at an impressive 41-unit condo conversion over at a River North industrial building.  

The property, located at 678 N. Kingsbury, is part of a project that will involve developing six brand new penthouse condos, wrapping the existing structure in a chic glass facade, and constructing brand new units in both the existing building and also in a brand new structure that will be located on an adjacent parking lot that's currently there now.

Got all that?

We know, it might sound confusing, but the rendering above should help answer what questions you may have.

Being called The Ronsley, this trendy new condo development will command prices that are reportedly

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Tribune Tower Redevelopment

Somewhat surprising reports surfaced last week that could reshape and redefine one of downtown Chicago's most iconic buildings, The Tribune Tower. Tribune Media, which owns and manages the famed neo-Gothic tower at 435 N. Michigan Avenue, recently unveiled plans that could possibly triple the building's square footage to include residential, retail, and even hotel space should the redevelopment project move forward.  

As noted by the Chicago Tribune, the Tribune Tower currently has around 737,000 square feet of space, but is actually zoned for 2.4 million square feet, allowing for almost 2 million more square feet of potential room to grow.  

Although many already consider the 1935 structure to be a popular attraction for tourists to visit on their

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Luxury Gold Coast Real Estate For Sale

Last week we featured 1440 N. Dearborn Parkway—a classic brownstone residence that's situated in the heart of the Gold Coast and easily one of the hottest single-family homes we've seen on the market in awhile...until today. Having just been listed within the past 24 hours, 48 E. Elm Street is an equally impressive home that boasts many of the same features as 1440 N. Dearborn Parkway, only not quite as big and considerably more affordable, with a price tag of just $2.99 million.

Completely remodeled and immaculately designed, 48 E. Elm offers three bedrooms, four and a half bathrooms, and nearly 5,500 square feet, so ample living space here shouldn't be a problem. In addition, its luxurious finishes, which include custom woodwork, a designer kitchen,

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Although Trump Tower Chicago was completed back in 2009, it's most expensive unit, the penthouse on the 89th floor, has sat idle for the past 5+ years waiting for any buyer willing to flip the bill for its mind-blowing $32 million asking price.  

According to an earlier report from the Tribune however, that wait appears to finally be over.  

Initial reports are showing that despite still being a raw unit, the new owner, Sanjay Shah, founder and CEO of a tech company called Vistex, closed the deal at $17 million (all cash), or just under half price of its $32 million ask. 

Even still, the sale of this 14,000 square foot residence in the sky has now become Chicago's most expensive residential sale ever, with the 20,000 square foot

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When thinking about premier condo buildings in Chicago's New Eastside neighborhood, many would put The Chandler, located at 450 E. Waterside, somewhere near the top of the list. Standing 36 stories high and situated right at the mouth of the Chicago River and Lake Michigan, water views here are about as spectacular as any building in all of downtown Chicago. But along with that, interior finishes inside most condos for sale at The Chandler are quite impressive in their own right, and none are more representative of that than unit number #1206.

Striking Brazillian cherry hardwood flooring, granite counters, a custom backsplash, and a spacious marble bath highlight what's features inside 450 E. Waterside #1206, but above all, its being able to call The

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Luxury Shopping in Chicago Gold Coast

It's that time of year again when shopping dominates much of our free time, and for many of us, the holiday season is all about spending time with friends and family, and enjoying the many holiday customs that coincide with this special time of year, which certainly includes joyous act of gift-giving!  

Because we happen to live in a city that's renowned for its premier shopping districts and destinations, finding the right gift for that special someone is rarely a problem. However, with so many different options to choose from, navigating Chicago's shopping scene can be quite overwhelming, especially during this time of year. So to help plan for all your holiday shopping this year, here's a look at which Gold Coast shopping destinations are worth a

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If you think Chicago's recent hotel and development boom might have reached its peak, don't tell that to developer Joseph Mizrachi, who is planning a pretty spectacular high-rise project in the West Loop that will stretch 41 stories high and house both a hotel and 600,000 square feet of office space. The tower, which is being designed by Goettsch Partners and will replace a parking lot at 590 W. Madison, has a pretty sleek design that somewhat coincides with other new hotel developments around Chicago, most notably the Loews Hotel over in Chicago's Streeterville neighborhood.  

If approved, Crain's Chicago Business reports construction for the new hotel-office tower could be completed in less two years, which seems to be a pretty lofty goal given its

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