Crain's Daily Gist

A judge enforced Illinois' distance rule for cannabis shops, dealing a blow to a planned South Loop dispensary. Crain’s commercial real estate reporter Rachel Herzog discusses with host Amy Guth. Plus: True Value’s HQ is moving to Indiana, AI firms’ office demand seen spreading to Chicago, investor looks to cash out on Trader Joe’s-anchored North Side retail portfolio and Mayor Johnson reveals why...

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss the latest local housing news, including the latest hit for the downtown condo market and Chicago-area homes that are selling fast. Plus: Downtown office vacancy dips for first time since 2022, Shore Capital buys employee benefits firm in healthcare push, Mayor Johnson picks Rush exec as next public health chief and a...

Resilience Healthcare's lawyers have dropped out amid a settlement dispute with the failed health system and Prime Healthcare maintenance workers averted a strike after ratifying contracts. Crain’s healthcare reporter Jon Asplund discusses the latest hospital news with host Amy Guth. Plus: Pritzker signs landmark AI regulation bill that aims to mitigate risks, Hub International seeks $3 billion in...

A judge dismissed Edgewater residents' lawsuit to overturn Broadway's rezoning . Crain’s commercial real reporter Rachel Herzog talks with host Amy Guth about what’s next for the neighborhood. Plus: Developer withdraws rezoning request for controversial Hoffman Estates data center, office building near Fulton Market trades at a major discount, Northwestern plans $275 million facility do-over in Or...

From Roman pizza to New York bagels , Crain's restaurants reporter Ally Marotti and host Amy Guth discuss some of the fresh faces in Chicago's dining scene. Plus: Larry Snelling is retiring as Chicago’s top cop, lawsuit threatening $184 million Loop office conversion gains traction, Rivian boosts delivery outlook as EV sales top estimates and strip mall near Foundry Park development site trades fo...

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to discuss the latest local housing news, including how the Chicago housing market s till defies national downswings as prices hit another high. Plus: West Suburban hospital sends 500 layoff notices as rescue talks roll on, Mariano’s parent Kroger to buy Giant Eagle for $1.65 billion in Midwest push, Stripe signs massive Ch...

Mayor Brandon Johnson’s legislation to overhaul the city’s Residential Landlord & Tenant Ordinance faces pushback from local landlords. Crain’s commercial real estate reporter Rachel Herzog discusses with host Amy Guth. Plus: Nation’s largest industrial landlord bets $100M on Chicago warehouse demand, AHA taps Massachusetts hospitals exec as next CEO, CME launches new beef contracts as U.S. cattle...

Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the 82 local spots that have earned national honors for their wine programs and how World Cup crowds are packing bars and restaurants around the city. Plus: Chicago’s quantum bet starts taking shape on the lakefront, Third Coast Foundry opens San Francisco hub for Midwest startups, Hub International files confidential plans t...

Stonepeak Partners has agreed to pay more than $2.5 billion to take over the remaining decades of Chicago’s parking meter lease, hundreds of millions less than Mayor Brandon Johnson's initial bid before deciding to walk away. Crain's politics reporter Justin Laurence discusses with host Amy Guth. Plus: Chicago locks in price for first major piece of O’Hare expansion; local firm eyes discount deal...

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to discuss the latest local housing news, including northwest Indiana home listings already name-dropping a possible Bears stadium. Plus: Chicago sues Airbnb, local real estate investor over illegal short-term rentals, Mike Quigley to make mayoral bid official with Saturday kickoff, Hoffmann family taking over Pittsburgh Pe...

Peter Holsten is selling a 17-building portfolio and the firm as he prepares for retirement. Crain’s commercial real estate reporter Rachel Herzog discusses with host Amy Guth. Plus: Pritzker wants legislators to take up data centers in the fall, AbbVie to buy immunology drugmaker Apogee for close to $11 billion, Gracias’ Valor to raise $2.5 billion fund amid SpaceX backing and Chicago Fed’s Gools...

Crain’s reporter John Pletz talks with host Amy Guth about Chicago’s highest paid executives , including both CEOs of top local companies and non-CEO leaders. Plus: The first cracks are showing in Indiana’s Bears stadium plan, distressed West Loop office skyscraper sold at historic discount, real estate data firm CoStar and major brokerages accused of rent-fixing and Midway Airport starts to claw...

Efforts to preserve Pope Leo XIV’s Dolton roots are slowly inching forward. Crain’s reporter Rachel Herzog discusses with host Amy Guth. Plus: Controversial Fulton Market high-rise gets City Council sign-off, CME sues CFTC as battle over perpetual futures heats up, Blackstone unit reaches $7 million settlement in RealPage price-fixing lawsuit and Fulton Market retail hub aims to give online brands...

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to discuss the latest from the local market, including how Chicago home sellers are poised to profit while pandemic boomtowns face losses. Plus: CME Group’s Terry Duffy to step down from CEO post next year, Justice Department joins challenge to Evanston’s reparations program, Rivian cuts hundreds of jobs days after launchin...

Law firm Sidley Austin will anchor a new West Loop office skyscraper. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about what will be the first new high-rise office building project to kick off downtown since the early days of the COVID-19 pandemic. Plus: Parking meter hearing delayed amid debate over Stonepeak deal, a Chicago startup chasing the quantum holy grail...

Crain’s healthcare reporter Jon Asplund joins host Amy Guth to discuss West Suburban Medical Center's second forced closure this year and federal prosecutors dropping charges in the $300 million Loretto Hospital fraud case. Plus: Huntington Bank expands office footprint, bucking Loop downsizing trend; distressed Gold Coast hotel goes up for sale; CFTC considers blocking CME’s 24/7 oil contract bid...

The Obama Presidential Center was meant to lift up local contractors. Some say they’re paying a high price for the project’s delays and cost overruns. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about how some contractors say they’re fighting to collect millions of dollars in unpaid bills. Plus: Illinois joins states’ challenge to Trump’s anti-DEI contract rules, C...

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss the latest local housing news, including the Gold Coast showing signs of a revival with recent high-end home sales. Plus: Pritzker opens door to new Bears talks, blames team for stadium stumbles; Baker Tilly moving headquarters out of Chicago with acquisition of New York’s Anchin; Magnetar will replace humans with AI...

Beer sales have seen a boost at some Chicago restaurants as customers opt out of more expensive cocktails. Crain's restaurants reporter Ally Marotti talks with host Amy Guth about changes in diner behavior. Plus: For Chicago suburbs, Bears’ Indiana play presents a new kind of limbo, Monroe Capital enforces 5% redemption cap on private credit fund, GoHealth files for Chapter 11 bankruptcy reorganiz...

One week away from the Obama Presidential Center's June 19 opening, Crain’s reporter John Pletz previews the museum with host Amy Guth. Plus: O’Hare gate shuffle gives American an edge — and trims United’s lead, Foundry Park slated for $202 million in TIF money for roads and parks, Capital One cuts nearly 300 jobs in fourth round of Discover layoffs and Pritzker moves to end data-center incentives...

Another vintage Loop office building has been teed up for residential conversion and a big South Loop apartment complex traded for $104 million. Crain’s commercial real estate reporter Rachel Herzog talks with host Amy Guth about what's playing out in Chicago's apartments scene. Plus: Bears vote to advance stadium project in Hammond, but several hurdles remain before a deal could be final; AI data...

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to discuss the latest local housing news, including Elk Grove Village’s first new subdivision in the 21st century selling to locals first and the plan to phase out county tax-lien sales in Illinois. Plus: Susana Mendoza launches bid for Chicago mayor, Chicago-area data center tied to CoreWeave raises $900 million in junk-bo...

After the Chicago Bears tax-break plan stalled out in Springfield, the search for a stadium deal continues. Crain’s politics reporter Justin Laurence talks with host Amy Guth about the path forward for the team. Plus: NASCAR eyes return to downtown Chicago in 2027; California firm nears discount deal for Wacker Drive office tower; Big South Loop apartment complex trades for $104 million; and McDon...

The Chicago Bears’ tax-break plan died in the final stretch of the spring legislative session, clouding the team's future in Illinois. Plus: Crain’s healthcare reporter Jon Asplund talks with host Amy Guth about a company making a big bet on Chicago as a biotech hub. And, West Suburban remains in current CEO’s hands amid legal fight over shuttered hospital; Springfield delays swipe fee law for sec...

The South and West sides of Chicago are gaining more CTA-area development, but gaps still persist . Crain’s reporter Rachel Herzog discusses with host Amy Guth. Plus: Trump Tower lands first retail tenant more than 17 years after opening, Mag Mile office tower extends run of downtown distress, FTC chair says agency is probing fertilizer industry over price hikes and a luxury steakhouse is set to o...