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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 1400 North Lake Shore Drive, a condominium deconversion that I...
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