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The Housing Affordability Problem in Chicago


Property owners in Chicago can be forgiven if they feel like they are under siege. Local politicians of all stripes, from Aldermen to State Representatives to the Democratic candidate for Governor, seem to be tripping over each other to placate angry renters clamoring for more regulation of the rental market.

 

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Rent Control: What it is; How to Fight it; and How to Survive it if it Comes

Photos in this article taken by Michael Kardas, Kardas Photography, This email address is being protected from spambots. You need JavaScript enabled to view it.

 

To many property owners, the battle over rent control feels a lot like the movie, Invasion of the Body Snatchers. First comes that vague feeling that something is amiss. People start acting strangely for no apparent reason – just a few at first, then more and more as the movie advances. By the time we figure out what is really happening, it’s too late. The pod-people have taken over, and there is nothing we can do to stop them!

 

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NBOA Summer Soirée

Every year, it seems that the Summer Soirée just gets more and more popular. This year was no exception. The 2018 event boasted the biggest turn-out since it began. More than 350 real estate professionals and other guests attended the evening’s festivities. The weather was perfect and the setting – Piper Hall on the Loyola University campus – could not have been nicer. The historic old building and lushly landscaped grounds provided the perfect venue for a summer lawn party. The cool breeze from Lake Michigan, just a few steps from the building, was an extra added bonus at no extra cost!

 

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As I See It: Trash Talk (About Effective Recycling)


 

We in the RPBG feel honored that we have a close friend in the waste hauling industry – Scott Post, of Independent Recycling. Scott generously sponsors many RPBG events and charitable initiatives, including a recent project at Sullivan High School. 

In such a ‘rough and tumble’ industry, how great to have a reputable and fair industry representative like Scott. 

 

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Ups and Downs - Summer 2018



By any measure, the economy is exceptionally strong. The unemployment rate was 3.9% in July and has been below 4.5% for over a year. We have seen an extraordinary run of net job gains which have now continued uninterrupted for almost eight years. The last time we registered a monthly job loss was September 2010. May and June both saw net gains of more than 200,000; in February, the gain was 324,000.

 

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Verella’s Round-Up: What do I do when my elderly tenant has been taken to a nursing home?

 

verella osborne

What do I do when my elderly tenant has been taken to a nursing home?

 

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Around Rogers Park: Three Active Apartment Construction Projects Underway in Rogers Park - Summer Update

 

Don’t look now, but there are cranes on the Rogers Park skyline and, for once, Loyola University can’t take all the credit. Not that we don’t love Loyola and appreciate their tremendous dedication to, and investment in, the neighborhood. But, after so many years of virtually no construction activity away from the Loyola campus, it is heartening to see this sudden burst of private-sector (and public-private partnership) activity.

 

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Around Rogers Park: Arson on Touhy – One Dead, all Homeless

 

A tragic fire in the 1700-block of Touhy Avenue destroyed a 15-unit apartment building in the early morning hours of June 5. The fire resulted in the death of one of the building’s residents, Maria Silva, who died after attempting to jump from the burning building. Even worse, the fire appears to have been deliberately started by a woman who has now been charged with murder and aggravated arson, according to an ABC-7 report filed June 7.

Due to the extensive smoke and fire damage, the entire building had to be evacuated and is currently vacant. The Rogers Park Builders Group, along with many other individuals, non-profits and business organizations, contributed money to help displaced residents find new places to live and rebuild their lives. Donations can still be made to help victims of this tragic event through Northside Community Resources. Their website is: https://www.northsidecommunityresources.org/donate/

 

Around Rogers Park: Chicago Math and Science Academy Ranks #1 Charter School in Illinois

 

U.S. News and World Report ranked the Chicago Math and Science Academy the number one Charter School in Illinois, with an overall ranking of 69th of all high schools in the state. This would be an impressive achievement under any circumstances, but is all the more remarkable, given that the student body is 98% minority and is drawn largely from within the Rogers Park community. Many of the students at the Academy are from low and moderate-income families, and a significant number are either immigrants and refugees, or are the children of immigrants and refugees.

The success of the Academy would seem to prove that your zip code need not determine your destiny. Many graduates of the Academy have been accepted to some of the best colleges and universities in the country and have gone on to successful careers, in STEM-related fields and other endeavors.

Rogers Park Builders Group has been a proud supporter of the Chicago Math and Science Academy, most recently presenting the school with a $1,000 check as part of the Giving Tree campaign to upgrade technology. Congratulations to the Academy for their great accomplishments and the well-deserved recognition they have received from U.S. News and World Report.

 

Around Rogers Park: Summer in the City – Rogers Park-style

 

Summer in Rogers Park always goes by much too quickly. By the time anyone reads this article, the summer will be almost over. For Rogers Parkers, summer is a time to enjoy many of life’s small pleasure – hanging out in outdoor cafes with friends; spending weekends at any of the neighborhood’s beautiful beaches, or buying seasonal produce at the Glenwood Sunday Market.

 

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Around Rogers Park: Loyola University Grant to Wellness Clinic at Gale Academy

 

Speaking of Loyola University, this venerable institution has once again stepped up to the plate with a major donation to Gale Academy for the construction of the SMART Health and Wellness Clinic at the Gale Academy Elementary School. Loyola’s $25,000 donation was the amount of money needed to begin construction of this important project, and represents the largest one-time donation ever made by the university. This grant demonstrates pretty clearly the degree to which Loyola University is committed to the Rogers Park community, and cares about the children who live here. The Health and Wellness Clinic will be an important community resource, not just for the students at Gale Academy, but also for their families and other community members.

According to Alderman Joe Moore’s June 28th email newsletter, “Heartland Health Centers will be the medical provider at the clinic, offering sustainable, academically-focused care, in fidelity to the SMART model. Ginn Group Consulting CEO, Melanie Ginn, developed the SMART model in collaboration with CVS Health.”

Rogers Park Builders Group also supported the Health and Wellness Clinic with a $2,000 donation. Individual members of RPBG donated additional money, bringing the total RPBG contribution to about $5,000 for the clinic.We applaud Loyola for their incredibly generous contribution, and celebrate the planned addition of the clinic to Gale Academy for the benefit of the entire Rogers Park community.

 

 

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