Last year, the oldest operating Sears store, a now-windowless tan brick behemoth in Chicago’s Ravenswood neighborhood closed. The local commercial real estate market had the same problem as Sears itself: what could be done with an enormous retail building that the marketplace no longer needs? A developer came forward with a plan to redevelop the currently dormant space into apartments and maybe a liquor store. [More]
One of the world’s most famous corporate leaders, Rupert Murdoch is reportedly prepping to step down from his position atop a massive global media conglomerate. [More]
We know some of you would love to buy a new car every year. Others want to drive the same car forever, but realistically, when should you find a new (to you) ride?