Name: How much is the Willis Tower worth?
Uploaded: 2025-07-01T18:00:06Z
Description: The Willis Tower is one of Chicago's most recognizable landmarks. But in the last few years its valuation has fluctuated wildly. TRD Chicago reporter Emma Whalen explains why.

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Every month, The Real Deal publishes all the most important stories in real estate in the magazine. This month: mortgage fraudsters face jail time, making sense of South Florida's turbulent condo market, investors hoping to time the market for rent stabilized housing in New York, and much more.

Here's everything that's in the July 2025 issue of The Real Deal

The Hamptons is well-known for its high-maintenance clientele. But real estate agents told The Real Deal recently that the biggest menace in rental properties aren't finance bros or summer house parties – it's renters' dogs. Watch to see the damage.

The biggest menace in the Hamptons? Puppies.

News of retail's death were greatly exaggerated. The top brokers, owners, and retailers gathered this year for ICSC Las Vegas, the most important conference of the year for the industry, and TRD's Chief Sales Officer and Chief Commercial Officer were on the ground to find out where the market stands and where it's going next. Watch to find out more.

This is what retail brokers were saying at the biggest shopping center conference of the year

The July 4th floods in Central Texas devastated local communities, with first responders continuing their searches for days. They are expected to cost more than $20 billion in economic losses. Officials have begun to estimate the fallout of the latest devastating climate event in a series nation-wide.

The Texas floods claimed over 100 lives – and caused billions in economic loss and property damage

Real estate loves to talk about transit-oriented development. But in NYC, the subways are oriented towards Manhattan. The outer boroughs are full of development potential, and this new rail line could help reach it. Watch for more.

The Interborough Express train could create a building boom in NYC. Here's how

It's been a wild ride in real estate for the last few years. But now, signs are starting to show that we could be moving into a new era. The latest issue of The Real Deal breaks down the big shifts, from a cooling market in South Florida to indictments in the mortgage fraud scandal and more.

The end of the cycle for real estate | Inside the July 2025 Issue

The Miami-Dade State Attorney’s office dropped its case against real estate broker Ohad Fisherman, who was expected to stand trial this week on a sexual battery charge that also allegedly involved Oren and Alon Alexander. Watch the video for responses from Fisherman and his attorneys.

WATCH: Sexual battery case against Ohad Fisherman dropped by Miami-Dade State Attorney

For many New Yorkers, getting into a rent stabilized apartment is the dream. But for the landlords who own those buildings, a once-solid investment has become a nightmare. In the latest magazine, The Real Deal breaks down the dangers lying in wait for affordable housing investors – and profiles an investor team that thinks they can still make the numbers work. 

NYC's rent stabilized buildings could hit a "maintenance death spiral"

These builders went for billions. The Real Deal tabulated the projected sell-outs of some of the priciest condominium projects ever taken on here in New York City. Watch the video for more.

These are the priciest, most ambitious condo developments ever proposed in #nyc

Democratic socialist Zohran Mamdani's victory over former governor Andrew Cuomo has real estate losing its mind. Fears about an outflux of wealthy residents, further devaluing of commercial assets, new taxes and increased minimum wages, all of which could impact bottom lines, has thrown the industry for a loop. 

Here's what Zohran Mamdani can – and can't – do as mayor

The Willis Tower is one of Chicago's most recognizable landmarks. But in the last few years its valuation has fluctuated wildly. TRD Chicago reporter Emma Whalen explains why. 

How much is the Willis Tower worth?

Billionaires and celebs like #jeffbezos, #jaredkushner and #tombrady call Indian Creek home. But lately, the Billionaire Bunker's had a particularly crappy problem. TRD video producer Ethan McCarthy breaks it down. 

Florida's Billionaire Bunker has a sewage problem – and they got their neighbors to pay for it.

How are top agents dealing with the FARE Act? With the impact of tariffs? With negotiating buyers' agreements with clients? Douglas Elliman's Frances Katzen and Compass' Leonard Steinberg, both long-time top agents on NYC's competitive residential brokerage scene, weighed in at the latest #trdforum 

Top real estate agents Frances Katzen & Leonard Steinberg react to NYC's big resi issues

New York City's office market has been on ice. But TRD senior commercial reporter Rich Bockmann is seeing sales pick up – and the vibe start to shift. Here's what we're watching in the market.

TRD explains why the #office market is back in #nyc

The Real Deal's annual New York Forum brings the real estate industry together. But what do they really think about some of the newsiest topics in the industry? Agent Alexander Zakharin joined TRD to find out.

Nest Seekers agent Alexander Zakharin asks what NYC real estate REALLY thinks

In the latest episode of Coffee Talk, REBNY prez Jim Whelan sat down with The Real Deal's Erik Engquist to talk about some of our favorite acronyms: MCIs, IAIs, PACs, and more. (Those are Major Capital Improvements, Individual Apartment Improvements and Political Action Committees for the uninitiated.) 

Real Estate Board of New York president James Whelan on the REBNY agenda | Coffee Talk

The Big Easy wasn't an easy investment for the developers of the Plaza Tower. The skyscraper – one of the city's few tall towers – has been plagued with troubles since it first went up. The Real Deal's Nicole Guillen checked out the tower and laid out the history of the much-maligned project.

Could one of New Orleans' only skyscrapers be demolished?  #news #demolition #neworleans

The New York City Housing Authority currently has more than 8,600 vacant units across New York City — that's despite a waitlist of 240,000 families and a widespread a housing crunch and affordability crisis. So, what's going on with the New York City Housing Authority?

Why NYCHA can't fill its units

It's not easy selling homes. At least, not for the brokers on these real estate listings. South Florida has seen prices go on a wild roller coaster, and now some homes are sitting on the market. These are five of the longest-sitting listings The Real Deal could find on local MLSes and listing sites. 

These are five of the oldest #realestate #listings in #southflorida

New York City's Democratic primary is next week. Do you know who you're voting for? Industry pros need to know how each candidate will work with (or against) real estate if they were called up to Gracie Mansion. Watch TRD's Amir Korangy break down the candidates, and be sure to register to vote.