Chicago Cheat Sheet: Sox exec and news anchor take loss on their townhome…& more

Also, couple with ties to Michael Cohen’s family lists River North condo

May.May 21, 2019 05:20 PM
Zoraida Sambolin and Kenny Williams (Credit: Getty Images and VHT Studios)

Zoraida Sambolin and Kenny Williams (Credit: Getty Images and VHT Studios)

Out at home: Williams and Sambolin take loss on Streeterville townhome

White Sox executive vice president Kenny Williams and wife Zoraida Sambolin, a news anchor for Channel 5, took a loss on their Streeterville townhome. The couple listed the five-story house in the RiverView development in March for $2.6 million and then cut $100,000 from the asking price not long after. The three-bedroom, 3,900-square-foot home sold Friday for $2.3 million, less than the $2.4 million the couple paid for it 1½ years ago. Public records do not yet identify the buyer. [Chicago Tribune]

Couple selling condo mortgaged by Michael Cohen’s father-in-law

A Chicago couple linked to the family of Michael Cohen is selling their River North condo. Yasya and Semyon Shtayner have borrowed millions of dollars against two condos at 33 West Ontario Street from Fima Shusterman, the father-in-law of Michael Cohen, the former personal attorney for President Donald Trump. The couple is selling one of the units, a 3,400-square-foot condo on the 57th floor, for $2.2 million. The mortgages are part of some $20 million in loans Shusterman has given the Shtayners, whose Chicago Medallion Management owns 370 taxi medallions. Ryan Preuett of Jameson Sotheby’s International Real Estate has the listing. [Crain’s]

Midwest Industrial inks DHL to long-term lease in Batavia

DHL Supply Chain USA signed a 59,000-square-foot long-term lease in Midwest Industrial Funds’ new spec industrial building in Batavia. The logistics firm will take more than half of the 102,000-square-foot building at 1100 North Raddant Road. Dan McGillicuddy and Charlie Kenning of JLL represented DHL, while Jeff Fischer and Brett Tomfohrde of NAI Hiffman represented Midwest Industrial Funds. The deal was part of some 300,000 square feet of industrial leases that Midwest Industrial Funds signed recently in the Chicago area. [REJournals]

S-E-A signs industrial lease in Rolling Meadows

An engineering and consulting firm inked a 34,000-square-foot lease in Rolling Meadows. S-E-A will move into a portion of School Health Corporation’s headquarters at 5600 Apollo Drive later this year from its current location in Elk Grove Village. The health supplies provider still occupies 87,000 square feet in the building. CBRE’s Cal Payne, Matt Mulvihill, Kevin Segerson and Philip DeBoer represented School Health in the transaction. Steven Joseph, Noah Turner and Stephen Scott of CBIZ Gibraltar represented S-E-A. [Daily Herald]

Evanston apartment-hotel the Homestead hits the market

The owner of the historic Homestead apartment-hotel in Evanston is looking to sell. A venture led by investor David Reynolds hired Essex Realty Group to market the eight-story, 91-unit building at 1625 Hinman Avenue. Reynolds’ group bought the Homestead in 1992 and has operated it as a short-term rental building. A lodging license covers 28 of the units, according to Essex, which is pitching it as a redevelopment opportunity. An asking price has not been announced [Crain’s]

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