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Developer wants to build giant apartment tower in the Clybourn Corridor

The Clybourn Corridor shopping district may be getting yet another new apartment tower. Developer Georgetown Co. wants to construct a 37-story skyscraper with up to 396 units at 1565 N. Clybourn Ave. near the CTA’s Red Line stop and the NewCity shopping mall. The New York City-based developer plans to keep a retail building with 46,000 square feet of space now occupying the site, along with an ...
Moody Church United States New York Ron Devries Fern Hill Co Integra Realty Resources
Source: yahoo.com

Streeterville apartment building sells for $55M as complexes fetch low prices amid interest rate hikes

The Vanbarton Group sold Streeterville’s historic The Seneca, a 267-unit apartment building at 200 E. Chestnut St., for $55 million, according to Cook County property records. That’s a big markdown for the New York-based investor, which paid $74.8 million for the 16-story tower in 2014, but taking such hits is not unusual these days. Even though Chicago’s downtown apartment sector is healthy ...
Cook County United States Near North Side Ron Devries Vanbarton Group Integra Realty Resources
Source: yahoo.com

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