Articles About Renovation

Author:
Matt Ward
Posted:
10.20.2009

Recession Saves 1929 Daily News Building from Wrecking Ball

The recession has thwarted real estate billionaire Sam Zell’s plans to raze the art deco, 80-year-old, 26-story 2 North Riverside Plaza building that housed the Chicago Daily News until 1960 and replace it with an office tower.  Instead, Zell’s Equity Group Investments is beginning a multi-million dollar renovation of the building, which the advocacy group […]

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Author:
Tom Silva
Posted:
07.01.2009

Michael Jackson’s Finances Illustrate Investor Over-exuberance

The tragic death of the “King of Pop” provides an interesting insight into how hedge funds and private equity groups buy loans  in anticipation of future earnings. Michael Jackson made real money during his 40 years as an entertainer; unfortunately, he also lost a lot of money, especially over the last 10 years. Reports are […]

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