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Comment Of The Day

"With all the rental buildings going up I would assume rent will eventually go down. Under construction (or soon to be), there's Coast at LSE, the gross ALMI River North atrocity, 500 N LSD, Randolph Tower rehab, SoNo East, K2. Proposed there is Golub's Grand and McClurg development, the Waterview redux, Atrium Village, 360 W Hubbard, and a possible OMPW conversion... am I missing anything? All this combined with everything that recently came online and that's a lot of downward pressure on rental prices." —IntrepidChicago [Here's the Skinny on City Rents]