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Will Cook County Rental Property Owners Be Ready for the JHA Rule Changes Coming in January, 2020?
Before 2016, rental housing applicants with criminal convictions could be rejected by rental property owners, under certain circumstances. For decades, the Federal Fair Housing Act was interpreted to mean that rental property owners could not deny housing based solely on an applicant having been arrested, and that a landlord may not employ a broad policy of denying housing only based on a criminal conviction history. In April 2016 the... -
2019 Q2 Demand for Chicago Apartments Fuels Section 15 Deconversions
With demand for downtown Chicago apartment units outstripping new supply by nearly 3-to-1, it is no wonder then that investors continue their search for Section 15 condominium deconversion opportunities. The latest high-profile condo deconversion target is the 39 story high rise, 2 East Oak Street, in the Viagra Triangle. -
Earnest Money, Owner Protections and the Politics of a Section 15 Condominium Deconversion
Here's four things that condominium owners might consider to protect their interests in a forced condominium deconversion sale. -
Condo Deconversions Can Be More Challenging Under the 2018 Section 15 Changes
Here are a few incentives that investors can offer owners to structure a compelling Section 15 condominium deconversion offer. -
The 1400 N. Lake Shore Drive Condominium De-Conversion
The condo deconversion effort at 1400 N Lakeshore Drive highlights how a few owners hold sway during a condo deconversion fight. -
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 and is sure to increase. On the other side of... -
Three Things An Entrepreneur Should Do to Protect Their Business Idea
We live in a time of incredible change with entrepreneurs and inventors creating new products and services that impact our lives in big and small ways. Groundbreaking technologies, including the iPhone (2007), iPad (2010) and consumer broadband access are all less than 15 years old. A collaborative effort of thousands of engineers, designers and scientists, these are the blockbusters that most think about when they hear the word, “invention”....
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Recent Posts
- COVID-19, Commercial Leases and the Coming Tsunami of Litigation
- Will Cook County Rental Property Owners Be Ready for the JHA Rule Changes Coming in January, 2020?
- 2019 Q2 Demand for Chicago Apartments Fuels Section 15 Deconversions
- Earnest Money, Owner Protections and the Politics of a Section 15 Condominium Deconversion
- Condo Deconversions Can Be More Challenging Under the 2018 Section 15 Changes