NEWS FLASH: Late Friday, Illinois Governor Bruce Rauner signed HB0189 into law. Otherwise known in the condo industry as the “Dirty Laundry Bill,” it’s now officially Public Act 100-0292. Not only does it significantly change the Illinois Condominium Property Act, it promises to significantly change life and the prospects of our investments here at 111…

Tag: Politics

The 111 East Chestnut Condominium Insider Dirty Laundry Bill Becomes Law

Dirty Laundry Bill Becomes Law

NEWS FLASH: Late Friday, Illinois Governor Bruce Rauner signed HB0189 into law. Otherwise known in the condo industry as the "Dirty Laundry Bill," it’s now officially Public Act 100-0292. Not only does it significantly change the Illinois Condominium Property Act, it promises…
The 111 East Chestnut Condominium Insider Train-Wreck Alert: Hallway Project Way Over Budget Before It Even Begins

Train-Wreck Alert: Hallway Project Way Over Budget Before It Even Begins

Have we learned nothing from our chronic track record of cost overruns? Good Lord, just weeks after our Board voted to approve its take-it-or-leave-it, no other option, strongly-opposed hallway design, we learn the cost has skyrocketed. At the Board meeting last Thursday,…
The 111 East Chestnut Condominium Insider 111 at an Inflection Point?

111 at an Inflection Point?

QUICK UPDATE: A number of inside sources are now saying 111 is at an inflection point. Could be we're in for a dramatic upturn; but it could be another slow slide toward mediocrity. Regrettably, there's no clear indication at this point. But…
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