June 7, 2024

Today's Featured News

Using Design To Crack The Code On The Luxury Condo Market

Mansion Global



Lamar Johnson Collaborative architect Alan Barker (left) recently spoke with Mansion Global about how thoughtful design details, such as an Art Deco-inspired bronze facade, drove strong condo sales at Embry in Chicago’s West Loop (right).

Embry, a newly completed luxury condominium tower in Chicago’s West Loop with homes priced from $1.4 million to $7.5 million, was an impressive 80% sold before opening. Architect Alan Barker, principal and residential market leader at Taylor Johnson client Lamar Johnson Collaborative, attributes Embry’s strong sales to its unique design details, such as its Art Deco-inspired bronze exterior that bucks today’s trend of all-glass facades to create interiors that feel more like single-family homes, offering framed views and space for artwork. Knowing the link between deliberate design and sales success would resonate with readers, TJ secured Barker an interview with Mansion Global. In the resulting Q&A, Barker explained his design approach to luxury residential projects like Embry and touched on his nonprofit work, such as POPCourts!, which transforms vacant lots into neighborhood amenities like basketball courts and community gardens.




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News
Residential Real Estate

‘It’s Not Sustainable’: Insurance Hikes Threaten Affordable Housing

The New York Times


The VA Tells Banks Not To Foreclose On Veterans’ Homes This Year

NPR


First-Time Buyers Defy Housing Market Trend

Newsweek



Housing Market Predictions For 2024: When Will Home Prices Be Affordable Again?

Forbes


*Nearly 9 In 10 People Say It’s A Bad Time To Buy A House. ‘Consumers Struggle To Find The Positives,’ Economist Says

MarketWatch

 
Commercial Real Estate

Lead Architect Takes Us Behind The Design At O’Hare’s New Terminal

Crain's Chicago Business


Converting Hotels And Offices Into Apartment Units? It’s A Trend That’s Only Growing In Strength

REjournals


Rebuilding The Construction Trades Workforce

Joint Center for Housing



Restaurant Openings On The Rise, Record $1T In Sales Expected

Bisnow


The White House Delivers A New Definition For Zero-Energy Buildings

Bloomberg CityLab

 
Business/Economy

*US Employers Added 272,000 Jobs In May

The Wall Street Journal


Working Remotely Is Best At A Hotel

The Washington Post

 

Just For Kicks

2024 Summer Arts In Chicago: The Tribune’s Top Picks For Movies, Theater, Books And More

Chicago Tribune

 

Client News

Marshall Bennett Institute Of Real Estate Announces New Accelerated Master’s Degree Program



Habitat Welcomes First Residents To Cassidy On Canal, Chicago Fulton River District’s Newest Luxury Rental High-Rise


Interra Realty Brokers $2.7 Million Sale Of 2 Multifamily Properties On Chicago’s Northwest Side


Lynd Expands Third-Party Multifamily Management Services, Taps Josué Garza As President

 
Job Openings

Marketing Coordinator

Habitat


Multifamily Sales B2B Account Executive

The Container Store


Project Manager

Baker Barrios Architects


Architect

Baker Barrios Architects


Interior Design

Baker Barrios Architects


Construction Assistant Project Manager

Evergreen Construction Company


To post an open position, please contact Gina Graf at ggraf@taylorjohnson.com.

 
Events
**Taylor Johnson Staff To Attend

REIA Golf Outing & Networking

Monday, June 10, 2024


CBC Golf Classic

Monday, June 10, 2024


Crain's Chicago Business Fast 50

Wednesday, June 12, 2024


CREW Chicago LGBTQ+CREW Chicago Pride Celebration

Wednesday, June 12, 2024


**Bisnow Multifamily Annual Conference Midwest

(featuring TJ clients Habitat, Wingspan Development Group and CRG)

Thursday, June 13, 2024


Chicago Association Of REALTORS® 360° Summit: Leading With Diversity, Equity And Inclusion

Thursday, June 13, 2024


IREM Mid-Year Market Review Breakfast

Tuesday, June 18, 2024


ULI Chicago | Adaptive Re-Use: Office Conversions To Alternate Uses

Thursday, June 20, 2024


Near South Planning Board Annual Meeting

Thursday, June 20, 2024


Bisnow Future Of Fulton Market

(featuring TJ client CRG and GI Stone)

Tuesday, June 25, 2024


BOMA CRE 101: Commercial Leasing

Wednesday, June 26, 2024


CREW Chicago Insurance And Climate Change

Wednesday, June 26, 2024


IREM / CCIM Boat Cruise

Thursday, June 27, 2024


Bisnow Chicago CRE Summer Happy Hour

Thursday, July 11, 2024


ULI Chicago Vision Awards

Thursday, July 11, 2024


BOMA International 2024 Conference & Expo

Saturday, July 13 - Tuesday, July 16, 2024


CAA Golf Outing

Thursday, July 18, 2024


Bisnow Chicago Architecture & Design 2024

(featuring TJ client BKV Group)

Thursday, July 25, 2024 


37th Annual IREM Golf Outing

Monday, August 5, 2024


REjournals Chicagoland Apartment Summit

Tuesday, August 6, 2024


CBC Future Leaders Committee Architectural Boat Cruise

Wednesday, August 7, 2024


BIAGC Backlot BBQ Bash Chillin And Grillin @themart

Wednesday, August 7, 2024


BOMA/Chicago Golf Classic

Thursday, August 8, 2024


REIA Summer Cocktail Party

Thursday, August 15, 2024


CREW Chicago Golf Outing

Tuesday, August 20, 2024


BIAGC River North Design District Gallery Walk

Friday, September 6, 2024


Real Estate To The Rescue

Tuesday, September 10, 2024


CAA 2024 Trade Show & Education Conference

Tuesday, September 17, 2024


Goldie Gala 2024

(hosted by TJ client The Goldie Initiative)

Thursday, September 19, 2024


IMN 13th Annual Distressed Forum For Bank Special Assets (Midwest)

Monday, September 23 - Tuesday, September 24, 2024


GlobeSt. Women, Influence & Power In Law (WIPL)

Monday, September 23 - Wednesday, September 25, 2024


REIA Multifamily Breakfast Meeting

Wednesday, October 16, 2024


Chicago Build Expo

Tuesday, October 22 - Wednesday, October 23, 2024


CREW Chicago Financing Commercial Real Estate In Today’s Marketplace

Wednesday, October 23, 2024


CAA Preview 2025: Annual Apartment Industry Outlook

Wednesday, October 30, 2024


IREM Punch Bowl Social

Thursday, November 14, 2024


AHF Live 2024

Monday, November 18 - Wednesday 20, 2024


Lincoln Park Builders Real Estate Forum

(hosted by TJ client Lincoln Park Builders)

Thursday, November 21, 2024


ULI Annual Lifetime Achievement Award Honoree: Jeanne Gang

Thursday, December 5, 2024

 
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