News

Des Plaines plans $400,000 of improvements at Apache Park

Daily Herald - Thu, 05/22/2014 - 22:52
Des Plaines is planning about $400,000 in improvements at Apache Park and the surrounding neighborhood on the southeast side of town. The goal of plan is to improve neighborhood well-being and safety in an area experiencing gang activity and lack of property upkeep. "I think it's really going to change the whole atmosphere in the park and ... make it a destination," said 5th Ward Alderman Jim Brookman.

West Orange's Edison Village Awaits Ruling

Wall Street Journal Real Estate - Thu, 05/22/2014 - 22:29
Part of a plan for Edison Village, a 21-acre mixed-use project in West Orange, N.J., is being challenged in a suit pending before the state Supreme Court.

Bankruptcy Case Tests Tenants' Rent Protections

Wall Street Journal Real Estate - Thu, 05/22/2014 - 21:20
A bankruptcy case filed in 2011 by a tenant in a rent-stabilized East Village apartment may reshape the rights of thousands of such tenants across New York City.

Girl, 17, fatally struck by train in Mokena

SouthTownStar Newspaper - Thu, 05/22/2014 - 20:46

A 17-year-old girl was fatally struck by a train late Wednesday night in Mokena in what appeared to be a suicide, authorities said. The girl was struck by Rock Island District outbound train No. 529 about 11 p.m., according to Metra spokesman Tom Miller. The girl was pronounced dead on the scene at 12:05 a.m., according to the Will County Coroner’s office. Passengers on the train were transferred to the next train to make the final two stops on the line, Miller said. Metra police are investigating. Sun-Times Media Wire …

South Holland tax preparer gets more than 3 years for tax fraud

SouthTownStar Newspaper - Thu, 05/22/2014 - 20:46

A South Holland woman who ran a South Side tax preparation business has been sentenced to more than three years in prison for tax fraud. Verlean Hollins, 43, was sentenced to 46 months in prison and fined nearly $800,000 by U.S. District Judge Samuel Der-Yeghiayan, according to a statement from the U.S. Attorney’s office. She pleaded guilty in January to two counts of aiding and assisting in the preparation of false federal income tax returns. Hollins owned Taxes, Etc., Inc., in the 2300 block of East 71st Street, between at least 2010 and 2012, federal prosecutors said. She admitted that …

Square Feet: Alarm Over Istanbul’s Building Boom

Real estate development in the Turkish city, fueled by cheap money and official encouragement, reminds some of what happened in Spain and Ireland.






Oak Lawn seniors get tough lesson in integrity - Chicago Tribune

Oak Lawn Home Inspector News Feed - Thu, 05/22/2014 - 19:11

Oak Lawn seniors get tough lesson in integrity
Chicago Tribune
Forty-eight Oak Lawn Community High School seniors have received that knock, delivered firmly by a principal willing to take a stand. In the days leading up to Wednesday night's graduation ceremony, school officials realized that 47 seniors had ...
Dozens Of Oak Lawn Students Miss Graduation After Cheating ScandalCBS Local
Kadner: A lesson in integrity for us allSouthtownStar
Chicago High School Bans Students From GraduationMyFoxOrlando.com

all 9 news articles »

D Is for Design: Inside Deyan Sudjic's Home

Wall Street Journal Real Estate - Thu, 05/22/2014 - 18:06
The minimalist white walls of London Design Museum director Deyan Sudjic's Modernist home act as a backdrop for an A-list of Modernist furniture and art.

Manhattan Penthouse Downtown Sells for Over $30 Million

Wall Street Journal Real Estate - Thu, 05/22/2014 - 17:21
The apartment is a combination of two penthouses on the 22nd floor of Walker Tower, an Art Deco office building in the Chelsea neighborhood

Streetscapes: Architecture for the Upper East Side Horse

69th Street, from Lexington to Third, is notable among surviving stable streets — where the smells and noise of horses were isolated their owners.






Check E. Cheese's liquor license could be in jeopardy - Reporter Online

Oak Lawn Home Inspector News Feed - Thu, 05/22/2014 - 17:04

Check E. Cheese's liquor license could be in jeopardy
Reporter Online
Oak Lawn Mayor Sandra Bury will determine the future of Chuck E. Cheese's liquor license Tuesday at a liquor control commission hearing. The mayor, who is also the village's liquor commissioner, could suspend or revoke the establishment's license or ...

and more »

Ask Real Estate: New York Barbecues; Rent Control; Life as a Broker

Topics include New York City’s rules on barbecues; making a living as a broker; and rent-controlled apartments.






Over the Moon in La Jolla

Wall Street Journal Real Estate - Thu, 05/22/2014 - 16:06
This curvilinear contemporary home 'obliterates' boundaries with a central glass courtyard that looks out to the ocean and city lights.

Chicago-area home sales down 10% in April as inventory remains tight

Chicago Tribune Homes - Thu, 05/22/2014 - 15:49
More Chicago-area homes came on the market in April than in any month during the past four years, a good sign for buyers stymied by a lack of inventory during their home search this spring.






When Lenders Think Globally

Wall Street Journal Real Estate - Thu, 05/22/2014 - 15:38
Buyers from Asia for U.S. luxury homes are no longer just the superrich paying all-cash; lenders say the shift has boosted demand for jumbo financing

Mortgages: F.H.A. Loans Get Better with Credit Counseling

The F.H.A. offers to lower mortgage insurance premiums for borrowers who complete counseling before and after they receive a home loan.






Golf (Quietly) Blooms in China

Wall Street Journal Real Estate - Thu, 05/22/2014 - 15:27
Once banned by the Communist Party, golf is publicly spurned by government leaders and criticized by environmentalists— but it's still making a big comeback, leading to a rush of new luxury properties.

The Hunt: A Return to the Hamptons

The Landaus wanted a Southampton home that fit their budget, preferably with a pool.






The Details: Grabbing the Spotlight

At the International Contemporary Furniture Fair, lighting emerged as the young designer’s medium — and the forms it took were anything but conventional.






Cantor Fitzgerald's Howard Lutnick Buys in Florida for $22.75 Million

Wall Street Journal Real Estate - Thu, 05/22/2014 - 11:34
In early May, Mr. Lutnick closed on the roughly 14,000-square-foot condo in the St. Regis Bal Harbour Resort and Residences

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