Monday, January 26, 2009

Trump's Chicago Tower: Controversy Continues

Interested in some insightful inside information on Trump International Hotel and Tower?

Check out this well-researched, well-balanced blog post by Jenny Ames, one of Coldwell Banker's--and Chicago's--top-selling, high-end agents. In her recent post, Jenny characterizes Donald Trump's luxury, 92-story condo hotel at 401 N. Wabash as a "source of concern for investors," but also as a source of "some outstanding opportunites" for anyone who wants to live in luxury downtown.

Among the troubling statistics she cites: In early January, 52 hotel units and 62 condo units in the 825-unit highrise were listed for sale on the MLS; 27 condos were listed for rent.

Jenny's blog, one of the best we've read, is Live and Play in Chicago: An Insider's Guide to What's Happening on Chicago's North Side. We've added it to our Recommended Resources.

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