• Condo Deconversions Can Be More Challenging Under the 2018 Section 15 Changes

    If I had a nickel for every condominium deconversion that struggled to reach the finish line in 2018 I would have, well, a pocket full of nickels!  The Chicago condominium deconversion market seems to be suffering from a spate of high profile deals that are on again and off again. The latest case in point is the mega-deal at...
  • The 1400 N. Lake Shore Drive Condominium De-Conversion

    A few months back I wrote about the flood of condo de-conversions in the city of Chicago and how recent changes to Section 15 of the Illinois Condominium Property Act in 2018 could make it more challenging for developers to reach the 75% owner threshold required to trigger de-conversion. It was only a matter of time before the saga...
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    A Brief History of the Chicago Residential Landlord-Tenant Ordinance

    For Millennials and many others, the optionality of renting one’s residence has seen a dramatic increase. Whether it’s the real estate crash of 2008, the economic climate of the State of Illinois and City of Chicago or the changing tax laws that limit the deductibility of state and local taxes, the number of people renting where they reside has...

This is the Chicago law news website for Glenn L. Udell, a Chicago attorney.

Glenn’s practice concentrations include real estate law, corporate transactions and commercial litigation. Udell has broad experience working with owners and executives in many organizations including privately-held and public companies and joint ventures. Udell has experience working with real estate and commercial business ventures including acquisitions and dispositions, financing and lending, restructuring and workouts, development, construction, and commercial leasing. Glenn has extensive experience negotiating permits, licenses, land use and development entitlements, governmental financial assistance and wide-range of other incentives before the City of Chicago, the State of Illinois, and other governmental bodies. Possessing extensive litigation experience, Udell has argued in state and federal trial courts and before other tribunals. He is admitted to practice before the Illinois Supreme Court, the United States District Court for the Northern District of Illinois, the United States Court of Appeals for the Seventh Circuit, the Supreme Court of the United States and the United States Tax Court.