Gold Coast ‘Phantom’ Finally Fills Up With $5 Million Condos
The Gold Coast’s long‑vacant “Phantom Building” at 1447 N. Dearborn is being converted into eight full‑floor luxury condos, with prices running roughly $2.5M–$4.9M. Sales are underway and buyers can pick finishes on large three‑ and four‑bedroom homes.
Steve Wynn Slashes Price Tags On Central Park Penthouse And Beverly Hills Estate
Steve Wynn trimmed asking prices on his Central Park penthouse and his Benedict Canyon 'Villa Lulu' after years on the market. The moves highlight pressure at the ultra‑luxury end.
Cleveland Heights Alcazar Tax Deal Pits School Safeguards Against Rent Jitters
City Council is considering a 30‑year TIF for the Alcazar that would front‑load a decade of tax abatement while routing school taxes back after the break; tenant protections are limited. The proposal has preservation backers and renters on edge.
Bronx Portfolio On The Brink As Prana Investments Slammed With 14 Foreclosure Suits
Lenders have filed at least 14 foreclosure suits against Prana Investments’ Bronx and Harlem portfolio, alleging more than $56 million in unpaid loans and raising repair‑and‑management concerns.












