Tuesday, September 05, 2006



Nicks Pick For Most Overratted new Project-

Grand Plaza is by far the most overpriced project currently on the market. Don't get me wrong this is an awesome building with a great pool and even a running track/basketball court. The units are in "as is" condition think all White.

The lowest priced unit is just over 600 square feet selling for around $270,000ish plus $250 a month for parking. Recent developer incentives like no assessments and free parking are helping sales but in terms of resale in a couple years the numbers arn't looking good.



Canyon Ranch Living Coming to Chicago-

The world famous spa is turning to 680 N. Rush to create their new project. Adding their name as the 57th hi-rise project in the city. Construction will start late 2007 and move in will be early 2010. It will be easy to guess that prices will be quite high when released