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Chicago developer Trilogy has applied for construction permits to begin building two apartment towers in Edgewater.

The buildings are known as Residence 23 and Residence 27. Together, they will have a combined 616 apartments.

Residence 23

According to a UDRB filing, Residence 23 is planned to rise 36 stories, or 413 feet, and include:

• 369 apartments
• 13,475 square feet of commercial
• 545 parking spaces

The construct...

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Filed under: Headlines by Wendy Jackson

Achieving a good balance between health, life, and work may seem difficult for many, but according to the 2023 Forbes Advisor list, there are cities worldwide where it can be achieved. The list, usually led by Nordic capitals such as Copenhagen, Helsinki, Stockholm and Oslo, features three Spanish cities in the top 25. They are Madrid (21), Barcelona (23) and Valencia (24).

In the cities analysed, companies offer their employees the chance to achie...

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Filed under: Headlines by Wendy Jackson

Manhattan rents hit another all-time high in July, marking the third time in four months that rents have risen to a record price, according to a report from Douglas Elliman on Thursday. 

The median rental price in July rose 6% year over year to $4,400, which was $100 more than June’s median rent. 

Across Manhattan, rents in downtown neighborhoods were the highest, with a median price of $4,950, a 7.6% increase from last year, according to the report. 

“With man...

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Filed under: Headlines by Wendy Jackson

One of the best plans during the Madrid summer is to escape to a town where your Patron Saint Festivities are held. From August 9 to 15 San Lorenzo de El Escorial celebrates its own and the City Council has prepared a program for all tastes and ages: parades, children's activities, sports tournaments, discounts and acts of honor to the boss. In addition, the large plate of the celebrat...

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Filed under: Headlines by Wendy Jackson

Luxury home values increased by 1.1%, on average, across the 30 cities analyzed in the Savills World Cities Prime Residential Index during the first six months of the year, according to a report Tuesday. 

Growth picked up pace from the second half of 2022, when prices increased by 0.8%, but average capital values only rose 1.9% year over year in June, marking the slowest annual growth since December 2020, according to Savills. 

“The slowdown in sales markets, first recorde...

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Filed under: Headlines by Wendy Jackson

El 12% de las viviendas que se vendieron a través de idealista durante el mes de junio no llevaba ni una semana en el mercado, según un estudio publicado por el marketplace inmobiliario del sur de Europa. Otro 10% tardó en venderse entre una semana y un mes; el 22% de las casas, entre uno y tres meses; otro 34% llevaba entre tres meses y un año, y el 21% más de un año.

En el caso de las capitales, los casos de ‘ventas exprés’ son más frecuentes, sobre tod...

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Filed under: Headlines by Wendy Jackson