Downtown's historic wave of distressed properties

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Downtown's historic wave of distressed properties

Having trouble viewing this email? See the online version

Morning 10

Thursday, September 05, 2024

Did someone forward this to you? Sign up for the Morning 10 here.

1. Downtown Chicago landlords' post-2020 pain, mapped

Elevated interest rates, new work patterns and investors wary of betting on downtown Chicago have hammered commercial property values over the past few years. See our map of the fallout.

2. Ex-Discover exec denied $7 million in stock grants sues for discrimination

The former head of Discover's global payments network filed a complaint alleging she was made a scapegoat in the company's credit card misclassification debacle.

3. How housing shaped race in the 20th century

A University of Chicago professor's book explores the way mass homeownership was used by government, the real estate industry and others as a tool to reinforce the concept of whiteness.

4. As obesity drugs reshape the pharma world, Eli Lilly eyes AbbVie's wheelhouse

The North Chicago drugmaker could have a new foe — or frenemy — in a fellow Big Pharma firm trying to find wider uses for its GLP-1.

5. Kroger CEO touts Albertsons deal as antidote to Amazon, Walmart

In the first trial deciding the fate of their merger, the parent companies of Mariano's and Jewel-Osco began mounting their defense by pointing to the super-sized competition.

6. Realtors' court battle isn't over yet: Crain's Daily Gist podcast

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local market, including the National Association of Realtors saying it will take its fight with the Department of Justice to the U.S. Supreme Court.

7. Federal judge rejects Illinois' bid to end court oversight of disability programs

The judge ruled the state has made "significant progress" but not yet met mandates of the 2011 Ligas consent decree.

8. The Dining Table podcast: Chicago's fall food events

The coming weeks are loaded with things to do, including the upcoming Chicago Gourmet, a 25th-anniversary event for Green City Market, and more.

9. Biden to block Nippon Steel's proposed takeover of U.S. Steel

If the deal is successfully blocked, the fate of U.S. Steel and its operations in Gary, Indiana, are unclear.

10. The late Jim Riswold, creator of famed Air Jordan ads, on a life in advertising and art

The acclaimed adman behind "it's gotta be the shoes" and other provocative campaigns sat down with Red & Co.’s Mira Kaddoura for an interview just weeks before his death.