The 261-room boutique hotel at 505 North State Street will eventually take on a Toronto-based luxury brand after changing hands and temporarily rebranding as Hotel 505 River North.
Chicago home shoppers hoping for borrowing relief got a dose of reality this autumn: Sub-6% mortgage rates aren’t returning anytime soon, and a standoff between the White House and the Fed may push them even higher.
Heading down to Chiefs country to back the Bears? Check your GPS: the Chiefs are crossing the river to Kansas City, Kansas. KCK is often overlooked, but Chicago travelers will find world-class barbecue, quirky culture, and great spots to toast an upset.
With office towers slumping, residential taxpayers are saddled with 80% of a new $743.8 million levy—a burden worsened by assessor delays, lost exemptions, and sudden escrow spikes.
For thousands of Chicago seniors living on fixed incomes, qualifying for Cook County’s Senior Tax Freeze has become an annual bureaucratic endurance test of lost applications, inflated escrow payments, and delayed refunds.
As City Council prepares for a showdown on rental rules, housing providers warn that City Hall’s tenant protections carry a steep price tag: an estimated $100-a-month rent hike on ordinary tenants.
A newly approved plan will convert five levels of the 1927 terra cotta building into a data center, advancing just as Mayor Brandon Johnson and City Council allies introduce a 12-month freeze on such facilities.
Meeting commuters at the Belmont ‘L’ station, Republican gubernatorial contender Darren Bailey framed his platform around public transit safety, cost-of-living relief, and bridging the divide between Chicago and downstate Illinois.
A Cook County judge upheld city approval of a Streeterville cannabis dispensary, rejecting conflict-of-interest claims against a zoning official and declaring a Montessori school a “commercial daycare” to bypass a mandatory 500-foot buffer.
Property owners battered by runaway insurance rates now have a state referee empowered to challenge hikes, but whether landmark consumer laws will actually lower bills or spark an industry retreat remains an open question.