September 2014, Vol 4, No 9
Visit our archives to see other articles that were published in 2014.
- 10.22.14 Rating System Evaluates Community Associations New rating service from Association Evaluation scores community associations on their financial condition and adherence to recognized best practices for operation [Chicago Tribune]
- 10.15.14 Retired Admiral Sells Carlyle Condo Retired Navy Admiral sold three-bedroom condominium for nearly $2.58 million [Crain's Chicago Business]
- 10.8.14 Big Financial Hurdles Remain for Spire Developer Kelleher Creditors vote to approve bankruptcy plan for Chicago's most famous failed condominium project [Crain's Chicago Business]
09.29.14 K2 Apts. Get LEED Silver
have secured a LEED Silver certification from the US Green Building Council
for K2, the partnership’s 496-unit luxury rental tower at 365 Halsted St. in
Chicago’s Fulton River District.
- More News...
There’s probably not a condo, HOA or co-op board that doesn’t worry about money at some point or another, which is why staying on top of the latest money-saving opportunities is vital for any building or community to be successful. One of the biggest ways to save money is to cut energy costs, and there are a number of things that can be done to achieve that. Read More
Energy is money. And in big condo buildings, energy is big money—we’re talking thousands upon thousands of dollars in waste or savings. Most folks know that turning off lights in unoccupied rooms, taking shorter showers, and turning down the thermostat a couple of degrees can help save energy—and by extension, money. Helping an entire building cut costs and reduce its carbon footprint can be a little trickier, however, which is why many co-op and condo buildings hire professional energy consultants to assess their energy profile and make recommendations as to how it might be improved. Read More
Funny thing about human nature—it’s not impulsively "natural" at all. Despite knowing that 1.1 billion people lack clean drinking water and thousands of children die from the diseases in that dirty water, people living in better circumstances tend to ignore their own ability to decrease the amount of water waste through sensible, environmental practices. Like fixing the leaking toilet, turning the water off, upgrading appliances, taking shorter showers or defrosting food in the refrigerator instead of under running water, in other words, using less water. Read More
Chicago is trashy. Literally. Whether it’s paper plates, cups, napkins, food waste or E-waste, such as discarded computers, office electronic equipment, entertainment systems or mobile phones, every day, residents of the Windy City produce hundreds of tons of trash. In 2012, the city's Department of Streets and Sanitation hauled away 892,034 tons of garbage in Chicagoland. That’s about 657 pounds per person. Removing a multifamily community’s trash and recyclables is an important job and if not handled correctly, things can get messy. Read More