Miscellaneous Chicago news

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ldopa\_chicago wrote:154 wrote:Hah, AP has a long way to go to get to hipster..You say that, but once (young white) people start moving there (or wherever- Garfield, perhaps) to escape high rents in Logan, Avondale, etc, it doesn't take long. Five years for noticeable demographic changes, ten years for full-fucked. Without any means of controlling rents it'll happen. All I know is that it took Logan a lot less time to gentrify than it took Wicker Park. The process is only accelerating.moral of the story: buy if you can and plan on sticking around.while the process is accelerating, chicago is fairly unique in the amount of underutilized land it has, and just how large it is. we also do a better job about building new housing/density to meet demand. while most of these are luxury developments, they help keep the pressure off the remaining housing stock.the bigger concern is actually de-densification, which has actually happened in places like Lincoln Square, where wealthy buyers are acquiring 2 flats and converting them to SFHs. no one really protests this, but everyone protests anytime anything is upzoned. at the end of the day, renters are the one who get squeezed out. the ironic thing is, the vast majority of Chicago is illegal under current zoning laws. courtyard buildings could never be be built today. even blocks that today are filled with 3 flats, are zoned for SFHs, meaning you could demolish a 3 flat but not replace it with one. thats insane.as far as East Garfield, if youre willing to take a risk it may work out in the end. its just too close to downtown not to see re-investment some day and there are already artists with live/work spaces there. that said, its seen WAY worse decline that areas like Logan or Pilsen which even at their worst were still somewhat solidly working class and had semi vibrant commercial corridors. EGP is only attractive if you dont mind A) living in one of the most violent neighborhoods in a very violent city, and B) in a neighborhood that still has gaping open wounds from race riots 50 years ago, and a severely fractured urban fabric that will take a generation if not longer to repair.

Miscellaneous Chicago news

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ldopa\_chicago wrote:Chicago has large amounts of underutilized land... if you take into account that it is two cities- north and south. The south side is way less utilized than the north side and will probably remain so for a long time. So land utilization is low on paper and much less so in practice.of course. but just as an example, the city still has PMDs that were established under Daley when there was still the notion manufacturing was going to return to the city. these are still protected from development and mostly serve as scrap yards and the like. even the south loop is only now starting to see land filled in that has been vacant since the end of the manufacturing era along the South Branch of the rivere. for example, this massive vacant parcel which until a couple weeks ago was nothing more than a brownfield for decades

Miscellaneous Chicago news

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yard barf wrote:Since those projects along Lake Street were knocked down a ways back, that West Loop industrial corridor has been steadily flipping fancy, reaching farther and farther west. I think it's a good bet that it'll reach Garfield Park. (I type this from a new commercial studio at Sacramento and Fulton. It used to be at Walnut and Ashland but rising rent pushed it west. What does that tell you?)the fact that google put its new HQ in fulton market pretty much says it all. still cant say id want to live anywhere off of the kedzie stop in 2016 but thats just me.

Miscellaneous Chicago news

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By all means, DO move to Albany Park, please! It's a great neighborhood. Very diverse. Very colorful. Over 38 primary languages spoken there. Do NOT move to Edgewater or Andersonville. Total dump. Very uncool. Just yuppies and middle-aged gay dudes.
Marsupialized wrote:Right now somewhere nearby there is a fat video game nerd in his apartment fucking a pretty hot girl he met off craigslist. God bless that craig and his list.

Miscellaneous Chicago news

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cerebralheadtrip wrote:geiginni wrote:Do NOT move to Edgewater or Andersonville. Total dump. Very uncool. Just yuppies and middle-aged gay dudes.heh. too late. been in EW for 4 years. love it.fwiw tho, my GF bought a handsome brick joint in Little Village for practically pocket change. i see all sorts of beautiful stuff down in Bronzeville and whatnot too.Eh, had to try our that form of psychology anyway. I figure let the hipsters have Logan Square, Avondale, Albany Park. Serves 'em right.
Marsupialized wrote:Right now somewhere nearby there is a fat video game nerd in his apartment fucking a pretty hot girl he met off craigslist. God bless that craig and his list.

Miscellaneous Chicago news

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AdamN wrote:Looks like I am vamoosing when I finish school. Hello Omaha!As Rents Skyrocket in Logan Square, Landlord M. Fishman Defends Steep HikesLOGAN SQUARE ” Estefania Salgado and her boyfriend have lived in their one-bedroom apartment for the last five years, paying around $800 a month, but might soon have to pay nearly double that to stay in their home.Last month she received a 30-day notice to sign a lease for $1,450 plus utilities ” or leave the apartment owned M. Fishman & Co.or, y'know, try a neighborhood other than Logan Square ¦there's a whole new exciting world out there!

Miscellaneous Chicago news

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PEPPER! wrote:Yngwie Einstein wrote:Jam Band Fans Unable To Come Down After Elevator Gets Stuck In Willis Towerthis sounds terrifying, I think the Willis Tower owes them some more shrooms and an apologyDude I bet they're still airing out that elevator.jeff\_fox wrote:AdamN wrote:Looks like I am vamoosing when I finish school. Hello Omaha!As Rents Skyrocket in Logan Square, Landlord M. Fishman Defends Steep HikesLOGAN SQUARE ” Estefania Salgado and her boyfriend have lived in their one-bedroom apartment for the last five years, paying around $800 a month, but might soon have to pay nearly double that to stay in their home.Last month she received a 30-day notice to sign a lease for $1,450 plus utilities ” or leave the apartment owned M. Fishman & Co.or, y'know, try a neighborhood other than Logan Square ¦there's a whole new exciting world out there!All the cool kids are moving to Albany Park now.

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