Archive for November, 2009
When a Word is a Misnomer – “Auction” of Condos in Chicago’s South Loop Tower
Words have meaning. But what about when the word doesn’t gain traction? Like when an auction results merely in sales at market price. I don’t think that’s what folks had in mind last week in Chicago. But most weren’t deterred in signing inviolable contracts.
Thinking of Chicago’s Roger Ebert and His Half Movie Star Reviews
Chicago movie reviewer Roger Ebert was especially worth reading when he panned a movie. Thoughts of Ebert filled my head when I read a NYT review this morning of “The Blind Side.” One line in particular struck me, talking about “seeking maximum uplift” while “shedding nuance and complication.”
There are No Accidents – Chicago’s Plummeting Hotel Condo Market
Synchronicity? Things that are seemingly unrelated but upon further review are related and add up to some type of meaning. I thought of synchronicity when I read Monday that Chicago’s Elysian project is ripping up the contracts on 130 condo hotels, sending them to wander an Elysian Field of their own. Looks like what was touted as a great idea a few short years back really isn’t.
Lakeview Condo Sells for $134,000 Less than Original Sale in Chicago
A daily scanning of listings in the Chicago market yields interesting caveats, including a transacted property in Lakeview that lost $134,000 from what it initially sold for two years earlier.
