Threatened Steel and Aluminum Tariffs Worry the Construction Industry

Contractors’ Budgets Could be Disrupted by Steel and Aluminum Tariffs Contractors contemplating bidding on high-rises and residential multifamily projects may have to rethink their pricing if the tariffs President Trump announced on Thursday are actually imposed.  These projects are heavy users of steel and aluminum and a threatened 25% tariff on steel imports and a 10% … Read more

Chicago’s Deconversion Wave

  It’s an unusual reversal: investors in Chicago are “deconverting” condominiums into rental units. Several high-profile condominium buildings downtown are marketing their buildings to developers. Why now?  There’s a preference to rent rather than buy among many millennials flooding into hip urban areas. Empty nesters who do not want the hassle of home ownership are … Read more