Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords.
The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance.
“With so much delinquent rent, many housing providers lack the funds to continue to maintain their properties,” NBOA President Michael Glasser said in a press release.
JLL names Peter Caruso managing director in Chicago office - Chicago Business Journal
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Victoria s Secret may leave Chicago s Magnificent Mile, Michigan Avenue
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Deep dive into college wrestling career of Aljamain Sterling Richard Mann, InterMat Senior Writer 12/22/2020
Aljamain Sterling compiled a record of 87-27 at SUNY Cortland (Photo/SUNY Cortland Athletics)
Like many successful MMA fighters, Aljamain Sterling got his start in the wrestling room. The UFC bantamweight contender will return to his roots for a freestyle match against Penn State s Roman Bravo-Young on Tuesday.
After a successful high school wrestling career at Uniondale High School in New York, Sterling chose to wrestle on the Division III level. His collegiate career began at Morrisville State before moving to SUNY Cortland. In the end, he finished as a two-time All-American and threw in a few amateur MMA fights along the way.