Carlos Ramirez-Rosa

Real Estate Panicked by Chicago’s Anti-Gentrification Measure

Real estate players panicked by anti-gentrification measure

Some fear right to first refusal for tenants will discourage investment

Chicago’s Anti-Gentrification Ordinance Penalizes Tear-Downs

Developers will face $100K+ penalties to tear down in some neighborhoods

Anti-gentrification move targets small multifamily complexes that are naturally affordable

Mayor Johnson backs off progressive ally as Zoning Chair pick, selects Burnett instead

Mayor Johnson backs off progressive ally as Zoning Chair pick, selects Burnett instead

Shift by mayor follows business community opposition to Sigcho-Lopez