Coronavirus Rarity: Construction is Starting on a 42-unit Luxury Condo Building in Chicago's Loop

The timing is curious because the developer behind the $34 million building at 1400 W. Monroe St., JK Equities, has halted work on a much larger Chicago project because of COVID-19 safety concerns

ChicagoTribune.com
The 1400 Monroe building will be a collection of 42 luxury newly constructed residences.
The 1400 Monroe building will be a collection of 42 luxury newly constructed residences.

While most real estate projects are on hold because of the coronavirus pandemic, a New York firm is breaking ground on a 42-unit luxury condominium building on Chicago’s Near West Side.

The timing is curious because the developer behind the $34 million building at 1400 W. Monroe St., JK Equities, has halted work on a much larger Chicago project because of COVID-19 safety concerns.

(more at ChicagoTribune.com . . . )

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