Monthly Archives: August 2015

Since it was constructed in 1973, a 424-unit multifamily property in Chicago’s southwestern corner has been known as Southgate Apartments, but under its new ownership that’s changing. Substantial upgrades and the opening of a new on-site leasing office will launch the property’s new identity as Midpointe Apartments, announced Elie Rieder, founder and CEO of Castle Lanterra Properties. The New York-based CLP acquired the four-story, eight-building property in April 2014.

August 2015—The North Shore and Barrington housing markets remains stable with the number of new listings, closed sales and median sale prices all up compared to July 2014, according to North Shore – Barrington Association of Realtors (NSBAR)

The strong summer housing market continued in July as home sales and median prices posted robust gains while the time it took to sell a home declined, according to the Illinois Association of REALTORS. Statewide home sales (including single-family homes and condominiums) in July 2015 totaled 16,901 homes sold, up 8.0 percent from July 2014 when 15,644 homes sold

Illinois Environmental Protection Agency Director Lisa Bonnett has issued an order to seal the property identified as Advanced Asymmetrics, Inc., located at 109 South Kossuth, in Millstadt, St. Clair County, from public access due to health and safety concerns from chemicals remaining in the abandoned laboratory.

U.S. Representative Mike Quigley (IL-05), a member of the House Sustainable Energy and Environment Coalition, went on a tour through the Pullman and Calumet region to highlight the positive impact environmental restoration can have on community development.

Businesses and state governments would have the certainty they need to plan critical infrastructure projects if the long-term bi-partisan transportation bill passed by the U.S. Senate becomes law, U.S. Senator Dick Durbin (D-IL) said today following a tour of the Midwest Inland Port in Decatur. Since 2009, Congress has passed 34 stop-gap measures to keep the country’s major transportation and infrastructure programs from shutting down, with the most recent vote in late July– the third extension this year alone

U.S. Senator Dick Durbin (D-IL) and Chicago Mayor Rahm Emanuel announced today that the City of Chicago, Illinois has received $10,210,000 in funding through the U.S. Department of Transportation’s (DOT) Federal Aviation Administration for infrastructure improvements and upgrades at Chicago Midway International Airport. Of this funding, $210,000 will be used to purchase additional equipment. In addition, $10 million will be used for noise mitigation efforts near Chicago Midway International Airport.

The Illinois Housing Development Authority (IHDA) today launched its new 1stHomeIllinois loan program to help make homeownership a reality for up to 4,000 first-time homebuyers in 10 Illinois counties hardest hit by the foreclosure crisis. The program provides $7,500 in down payment assistance with an interest rate as low as 4.125 percent for a secure, 30-year fixed rate mortgage.

Congressman Mike Bost (IL-12) issued the following statement after the Obama Administration issued an onerous rule for coal-fired power plants, demanding that generators cut their carbon dioxide output 32 percent

Today, the U.S. Environmental Protection Agency (EPA) announced its final Clean Power Plan rule to reduce emissions from existing power plants. Rep. Jan Schakowsky released the following statement in response

U.S. Senator Mark Kirk (R-Ill.) today helped pass long-term highway and rail bill that invests $6.3 billion in Illinois highways and transit systems over the next three years and includes Kirk-authored legislation to reform and reauthorize the Export-Import Bank and open access to low-interest financing for freight and passenger rail projects.

U.S. Representative Mike Quigley (IL-05), a leader of the Quiet Skies Caucus, along with Reps. Tammy Duckworth (IL-08) and Jan Schakowsky (IL-09) released the following statement in response to the list of steps the Chicago Department of Aviation (CDA) will be taking to address the noise issue at O’Hare