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Controversial ‘Mansion Tax’ could backfire, experts say

Though aimed at increasing affordable housing in Chicago, experts say the tax burden would be shifted to owners of small apartment buildings, forcing them to raise rents and actually decrease the city’s affordable housing.

City approves tax incentive for steakhouse planned for River North landmark

The latest incarnation of 500 North LaSalle Street will be a steakhouse, with the assistance of a property tax incentive approved by the Chicago City Council.

Caspian closing Oriental rug store on LaSalle Street

The 6,000 square foot showroom houses a multi-million-dollar inventory of handwoven rugs and carpets ‘from origins across the globe in every size and style.’

The game is won by people who absolutely have to get things done

Finishing. Whether it’s a crossword puzzle or a new product launch, the ability to commit to and finish a task is a critical skill for startups. Here are four keys to completion.

7 percent-plus mortgage rates squeeze North Side home sales

Negative home loan news had a downward impact on home sales in the key North Side neighborhoods of Gold Coast, Lakeview, Lincoln Park, Near North, North Center, and Old Town.

Tribune Tower, Old Post Office win awards for adaptive reuse

The two repurposed downtown buildings have won Driehaus Foundation Preservation Awards from Landmarks Illinois.

Wichita: Getaway for history buffs and nostalgia lovers

Wichita boasts a cultural heritage that ties Native Americans, airplanes, Pizza Hut, Frank Lloyd Wright, and cows into the same guidebook.

Alderman rejects zoning request for proposed Old Town pot shop

After seeing the results of an impromptu community survey over a proposed cannabis dispensary in Chicago’s Old Town neighborhood, 2nd Ward Alderman Brian Hopkins has decided against supporting a request to change zoning for the site.

Chicago’s critter perils thriving near forest preserves

The critter perils of living near the woods or a forest preserve are a rude awakening, especially for lakefront Chicagoans who don’t regularly venture beyond our concrete jungle.

Hefty apartment rent hikes forecast for Chicago in 2024

Chicago apartment dwellers likely will see hefty rent increases in early 2024, according to a new national forecast.