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  • Transfer Tax Increase Proposed to Raise Money for Homeless

    The chances of a new ordinance being passed in the Chicago City Council just increased with calls from several Progressive Aldermen to pass the Bring Chicago Home plan that would substantially increase the transfer tax of real estate sales from $5.25 per $500 of sales value, to $15.25 per $500 of sales value on any sale of a commercial property valued at $1 million or greater. This additional transfer tax money would be used to pay for various measures to alleviate homelessness in the city.

     

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  • Supreme Court Could Consider Rent Control Constitutionality

    The three new justices appointed to the Supreme Court during the Trump administration have already made a big impact on the country’s legal landscape. In just their first term, the Court overturned Roe v. Wade in their controversial Dobbs decision while also favoring gun access over restrictions, and religious over individual rights in other cases.

     

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  • Affordable Housing Development May Be Coming to Howard Street

    Preliminary plans are in the works for an all-affordable multifamily housing development at the northeast corner of Howard and Paulina Streets. The developer is Housing For All, LLC, which brings together the expertise of several real estate professionals with varied backgrounds and specializations.

     

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  • Pay Attention to the Numbers

     

     

     

    We live in a time of continuous information. Our phones barrage us with emails, texts, messages and news. Our computers, televisions and tablets stream content with body-cam detail. And since bad news sells advertising more easily than good news, we get overwhelmed by the crisis du jour, which frequently shapes our collective attitudes. Of course, there are real issues and bad news, but it’s important to take a step back sometimes and remind ourselves of the larger picture.

     

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  • RPBG’s Magical 30th at the Rhapsody Theater

     

     

    Over one hundred Rogers Park Builders Group members, guests and friends gathered at the Rhapsody Theater on Morse Avenue recently for a night of magic and celebration as we commemorated our 30th anniversary.

    This is the video made to commemorate the 30th anniversary of RPBG that highlights the accomplishments of the organization and its commitment to the Rogers Park community over its history.

     

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  • Ups and Downs - Fall 2022

     

     

    It’s hard to resist the urge to gaze into my crystal ball (figuratively speaking). I know I should resist the temptation since I am usually wrong anyway. This is an especially dangerous exercise when the future outlook is cloudy. I think we can all agree, we are in one of those moments now.

    There are two things weighing heavily on my mind. One is existential; the other, though probably not life-threatening, is no less unsettling. I’ll start with the one that is literally life and death.

     

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  • Verella’s Round-Up: The New Illinois Public Act 102-0896, Effective Jan. 1, 2023

    verella osborne

    For some time, housing providers in Chicago and Cook County have been required to consider applications that show “source of income” from sources not directly related to wages. However, the recent passage of House Bill 2775 – which extends “source of income” as a protected class across the entire state of Illinois beginning on the first day or January 2023 – will have a much larger impact on housing providers elsewhere in Illinois who will have to adjust their requirements to reflect this new mandate and will no longer be able to reject a potential tenant solely on the basis of their work history or wages.

     

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  • Around Rogers Park - If It’s August, It Must Be the Summer Soirée

    It seems hard to believe that this year’s Summer Soirée marked the 10th time we have celebrated this annual rite of passage for the Chicago real estate community. The significance of the occasion was matched by the perfect weather with clear skies, comfortable temperatures and a light breeze coming in from Lake Michigan.

     

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  • Around Rogers Park - Pothole Art Comes to Rogers Park

    You all probably know the game where someone says a word, and you are asked to respond with the first thing that pops into your mind. If I were to say “pothole,” odds are good that your first reaction would not be “art.” But that’s probably because you are not familiar with artist Jim Bachor and his amazing series of pothole mosaics that have been popping up all around Chicago since 2013.

     

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  • Around Rogers Park - Five-Year-Old Shot, and later Dies, in Howard Street Incident

    On Sunday afternoon, August 28, five-year-old Devin McGregor was shot in the head while sitting in his father’s car which was parked on the 7600 block of North Paulina just north of Howard Street. The shooter was sitting in the back seat of a Black Hyundai and fired the shots as part of a “drive-by” rampage that began and ended in just moments as the Hyundai shooter opened fire and then quickly sped away.

     

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  • Around Rogers Park - Outdoor Dining May Become Permanent under Proposed Ordinance

    Perhaps no single industry suffered more from the pandemic than bars and restaurants. Seemingly overnight, these establishments went from hubs of activity to dark and empty spaces where patrons could no longer congregate for fear of spreading the dreaded COVID-19 virus.

     

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  • Around Rogers Park - Rogers Park Rated #5 on Best Places List

    Money Magazine just came out with its list of Best Places to Live for 2022-2023 and, guess what? Our own Rogers Park neighborhood took the #5 spot, behind Atlanta, Tempe (AZ), Kirkland (WA), and Raleigh (NC). The first two sentences in the Money Magazine description of the community read:

     

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  • Around Rogers Park - Rogers Park Metra Station to be Renovated

    As reported in Block Club Chicago, renovation of the Rogers Park Metra station at Lunt and Ravenswood Avenues could begin within the next three to five years. The station is one of four (soon to be five) stops within Chicago city limits on the Union Pacific North Line. The line runs between downtown Chicago (Ogilvie Transportation Center) and Kenosha, Wisconsin. Rogers Park is the final stop in Chicago.

     

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  • Connected Communities Ordinance Passes Chicago City Council

    On Wednesday, July 20, 2022, the Chicago City Council passed what is popularly referred to as the Connected Communities Ordinance, but what is perhaps better described as a wide-ranging set of alterations to the city’s Zoning Regulations, known as the Municipal Code.

     

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  • Three North Side Aldermen to Retire

    Within weeks of each other, 46th Ward Alderman James Cappelman, 48th Ward Alderman Harry Osterman and 43rd Ward Alderwoman Michele Smith all announced that they would not run for reelection to the Chicago City Council in 2023. For Cappelman and Osterman, there is little doubt that serious challenges from left-leaning opponents played heavily into their decisions.

     

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  • That’s Interesting…

    I figured I’d do something a little different for this Summer 2022 Newsletter. I’m constantly reading stuff in other magazines and newspapers that I think are really interesting, but that can easily be overlooked in our busy lives. So, I figured, why not put some of these random “fun facts” together in one place and see if anyone else finds them interesting? Maybe not – that’s the trouble when you are a geek. You think stuff is cool and everyone else just rolls there eyes. But here goes. Read, enjoy, or send me rotten tomatoes! I’m hoping I’m not the only one who finds this stuff interesting!

     

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  • A Good 2021 for the Rogers Park Residential Market

    You wouldn’t think a global pandemic, the sudden evaporation of 25 millions jobs, and massive social unrest in the wake of the killing of George Floyd could do anything good for the real estate industry.

     

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  • NBOA Survey Results & What It Means for Rogers Park Multifamily Investors

     

     

    Kiser Group and the Neighborhood Building Owners Alliance (NBOA) surveyed over 150 Chicago housing providers to determine the effect of the Emergency Rental Assistance Program (ERAP) on the rental housing market in the Chicago area and its impact on rent collections and the neighborhood housing landscape since the onset of the pandemic.

     

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  • New Mayor, Fresh Start for Chicago

    On February 26, 2019, Lori Lightfoot was elected Mayor of Chicago. Her victory was both historic and surprising. When she announced her run, Lightfoot was relatively unknown and a political outsider. She is also female, African-America and an out-lesbian – in marked contrast with almost every past occupant of that coveted fifth floor office on Clark Street. Consider that, in its less than 200-year history, Chicago has had exactly one other female mayor (Jane Byrne), two African-American mayors (Harold Washington and Eugene Sawyer), and no publicly-declared LGBT mayors. There has certainly never been a mayor that checked all three boxes. Suffice it to say that few people took Lightfoot’s candidacy seriously when she first announced her run.

     

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  • 606 Development Ban

    Although this is not a Rogers Park story, we should all be paying attention to the ban on demolitions that was recently approved by the Chicago City Council, effectively halting development near the western half of the 606 Trail.

     

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