Page 4 - Time Equities News Today

The landlord says Delmonico’s owes nearly $300K in unpaid rent — but the restaurant’s ownership says it is legally withholding payment because the building is in need of repair

CHICAGO, IL - McHugh Concrete, one of the country’s largest concrete contractors, has completed a nine-hour continuous concrete pour including nearly 4,000 cubic yards of concrete for the mat slab foundation for 1000M, a 73-story luxury apartment tower at 1000 S. Michigan Ave. in Chicago’s South Loop. This major construction milestone completes the foundations under the main tower of 1000M, which will be one of the city’s tallest apartment buildings at 788 feet when it...

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With a $304.5 million loan, developers are starting construction on a building designed by the late Helmut Jahn.

Massive 2020 rainstorm caused damage but city attorney says city wasnt negligent. By Jeramey Jannene - Aug 4th, 2021 03:24 pm //end headline wrapper ?> 310 W. Wisconsin Ave. Photo courtesy of Colliers International. The water is long gone, but the effects of a May 2020 storm are still being felt. An overnight rainstorm on May 17 and 18 dropped approximately three inches of rain on downtown Milwaukee in a short period of time and resulted in more than $65 million...

Samantha Lee/Insider Shopping centers have seen occupancy, rent collections, and revenues bounce back from the pandemic. Strip malls have been bolstered by the popularity of the suburbs and necessity-focused shopping.  The once-overlooked sector is now hot among investors, with share prices up 40% this year. Like much of the nations retail market, the Gurnee Town Center took its lumps during the pandemic. Last April, the furniture chain Art Van shuttered a store it oper...

Francis Greenburger of Time Equities (Greenburger via Michael McWeeney; iStock) Changes to New York’s rent laws dealt a severe blow to the business of condo conversions, according to a new study. In the year following the June 2019 passage of the Housing Stability and Tenant Protection Act, just five condo conversion plans were submitted to the Attorney General’s office, the lowest level since the 1960s. In the previous five years, an average of nearly 24 conversion plans were filed each ye...

Death of architect Helmut Jahn leaves two big Chicago projects in doubt Ryan Ori, Chicago Tribune © Jose M. Osorio/TNS Looking upward at the atrium inside the James R. Thompson Center from ground level on Dec. 22, 2016. As the architecture world mourns Helmut Jahn’s death from a cycling accident Saturday in the western suburbs, the next few months are likely to go a long way toward determining the fate of the 81-year-old’s most controversial building and his tallest one i...

As the architecture world mourns Helmut Jahn’s death from a cycling accident Saturday in the western suburbs, the next few months are likely to go a long way toward determining the fate of the 81-year-old’s most controversial building and his tallest one in Chicago. Jahn’s namesake firm and preservation groups continue working to spare the glassy, spaceshiplike James R. Thompson Center, known for its spectacular 17-story atrium, from the wrecking ball after the state of Illinois ...

In New York, a Wait-and-See Attitude Even With a Reopening Businesses will begin to reopen in weeks, but in residential buildings, no one seems quite ready to abandon pandemic protocols. Last year, the staff at 150 West 58th Street routinely sanitized packages outdoors before delivering them to residents. That precaution may — or may not be — a thing of the past very soon.Credit...Robert Wright for The New York Times By Joanne Kaufman May 6, 2021, 8:00 a.m. ET On Monday, Gov. Andrew M. Cuom...