Could Chicago’s Real Estate Tax Set a Precedent for Struggling Downtowns?

By Holly Dutton

Downtown Chicago's office market has been in a downward spiral over the past several months, a situation exacerbated by record-high vacancy rates and soaring borrowing costs. This crisis has sparked fears about what lies ahead. City leaders have been pushing a $1 billion program aimed at assisting building owners in converting their vacant properties into […]

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