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The Chicago-based firm got city approval in 2021 to build a 15-story, 296-key hotel with 101,000 square feet of commercial space at 311 North Sangamon Street. ....
Share via Shortlink 203 Sheridan Road in Winnetka and 3507 West 51st Street on the Southwest Side (Redfin, 42 Floors, iStock) Let’s start with a bit of good news given that 2020 didn’t provide Chicago’s real estate market with much of it. The industrial sector withstood a bruising year far better than most others, sustained in large part by Amazon. As e-commerce orders soared during the pandemic, the Jeff Bezos behemoth went on a warehouse-leasing binge in Chicago. But other asset classes in the city have spent the last nine-plus months on a skyscraper elevator in freefall. The ride has left much of the industry queasy and stumbling as it heads into 2021. ....
Pandemic closures devastate restaurant industry's middle class - Washington Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
. On the day in September when he was hired as a cook at Fulton Market Kitchen a restaurant in Chicago featuring shrimp and grits and miso-glazed halibut Jeff Danaher asked the chef about his plans for the winter. “He was like, ‘I’m open four days a week, and I’m trying to go to seven,’” recalled Danaher, who had been out of work for months. “It was a huge relief.” But five weeks later, indoor dining in the city came to a halt. Danaher, who made nearly $50,000 per year before the pandemic and had his pick of positions in recent years, was suddenly jobless again. ....