Crain's Daily Gist

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including how Illinois counties are split on handling delinquent tax sales after a Supreme Court rebuke.

Plus: Pritzker pushes back on head tax and Bears breaks — and urges transit action, Aqua tower apartments hit the market, Industrious opening second LaSalle Street co-working space, O'Hare sets record for summer travel and a Michael Jordan rookie card reportedly fetches $2.7 million in record sale.

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Mayor Brandon Johnson's $16.6 billion budget revives the head tax and tests the limits of his support in the City Council. Crain’s reporter Justin Laurence discusses with host Amy Guth.

Plus: Cboe looks to extend options hours in overnight trading push, nearly 2 million Illinoisans set to lose SNAP benefits amid congressional stalemate, BDO faces a reputational test after the First Brands bankruptcy, Medline net sales in first half reach $13.5 billion ahead of IPO and Spirit Halloween to open Christmas-themed stores in Illinois this season.

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Owners of the Salt Shed music venue are eyeing adjacent property for possible expansion. Crain’s commercial real estate reporter Danny Ecker talks about those plans, and other changes happening along the North Branch of the Chicago River, with host Amy Guth.

Plus: Molson Coors cutting 400 salaried jobs amid weak beer demand, Bally's faces lender wrath on debt plan involving Chicago casino, Illinois health insurance marketplace opens amid federal budget stalemate, startup raises $7 million to develop mainstream gut biome test and Portillo's appears to be coming to Wrigleyville.

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Crain's restaurants reporter Ally Marotti joins host Amy Guth to discuss the latest from Chicago's dining scene, including newly open hot spots counting on regulars to keep them afloat and a Logan Square brewery undaunted by the craft beer industry's tough moment.

Plus: Big Ten's $2 billion private equity deal dealt a major blow in Michigan, United Airlines says AI helped eliminate 4% of management jobs, developer gets $24 million construction loan for River North apartments, Verizon downsizes but extends its big Rolling Meadows office lease and a west suburban office landlord hit with $87 million foreclosure lawsuit.

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Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk local housing news, including a judge tossing a lawsuit filed by lakefront mansion owners in Winnetka.

Plus: State Farm faces lawsuit from Illinois amid scrutiny over rate increases, state rep attempts to block Bears move to Arlington Heights, Stellantis announces it will make Jeep SUVs again in Belvidere and Chicago billionaire Justin Ishbia raises $850 million for new PE funds.

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A Loop office tower slated for apartments won landmark approval from a city panel, but legal challenges for the project still loom. Crain’s commercial real estate reporter Danny Ecker discusses with host Amy Guth.

Plus: Why vacancy isn’t dropping despite suburban office demand having just closed a big quarter; Johnson expected to revive head tax in 2026 budget plan; CTA plans 10% fare hike, joining Metra in raising rates; River North hotel seized by lender; and Cupich warns Trump's immigration raids erode human dignity.

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Illinois says it's already facing a $267 million budget shortfall. Crain’s reporter John Pletz discusses with host Amy Guth.

Plus: Chicago auditor BDO cuts jobs under pressure from Apollo debt and client's collapse, Metra to increase fares to plug budget gap, cash-strapped CPS taps $200 million from credit line, Magnetar sold $1.9 billion in CoreWeave shares as insiders and investors started cashing in.

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NinjaTrader is dangling $400,000 in prizes in its latest bid to lure retail traders. Crain’s finance reporter Mark Weinraub discusses with host Amy Guth.

Plus: French quantum company bringing American HQ to Chicago, Bally's pushback halts move to legalize video gambling in Chicago, Randhurst Village up for sale and Loop tower wins landmark panel OK as legal challenges loom.

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Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including a judge's decision putting Illinois counties on thin ice with property tax sales.

Plus: Thoma Bravo finalizes $5.5 billion Dayforce loan on high demand, flight delays pile up across U.S. as shutdown persists, UnitedHealthcare's pay cut to nurse anesthetists sparks federal discrimination complaint and a new Fulton Market development site hits the market.

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Under a new city plan, downtown Chicago could more than double its population in the decades ahead. Crain’s commercial real estate reporter Rachel Herzog discusses with host Amy Guth.

Plus: Walgreens shuttering Old Post Office workspace, keeping Deerfield HQ; Illinois in the mix as Stellantis readies $10 billion U.S. reboot; developer pitches mid-rise building in northwest Fulton Market; and Chicago's largest accounting firms buck a national trend as layoffs sweep the industry.

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