In a recent Crain’s Chicago Business article, reporter David Lee Matthews writes “the downtown apartment construction boom has fueled a new trend: the pied-a-terre rental.”

One prime example of a development that’s attracting people looking for a pied-à-terre is 850 Lake Shore Drive – the transformation of the historic Lake Shore Athletic Club to luxury apartments. At 850 Lake Shore Drive, 12 to 15 percent of new tenants own a primary residence elsewhere, according to Matt Phillips of Integrated Development Group. Phillips told Crain’s “Many people moving would rather have a new or newer unit, and there just haven’t been many new condominium projects.” Continue reading

@properties, the largest independent real estate brokerage firm in Illinois, has been recognized as one of the Chicago Tribune’s Top 100 Workplaces for the second consecutive year. The firm is ranked No. 8 among midsize companies in Chicago, up two spots from the year before.

The Top Workplaces are determined based solely on employee feedback. The employee survey is conducted by WorkplaceDynamics, LLP, a leading research firm on organizational health and employee engagement. Continue reading