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#1 |
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Registered User
Join Date: Sep 2002
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Edgewater Development News
Edgewater Development
5430 N. Sheridan (at Balmoral) 8 Floors-under construction. 1 Block from Berywn el station. ![]() Catalpa Gardens. Catalpa and Broadway. 11 Stories. U/C. 1 block from Bryn Mawr el Station. ![]() Location of C.G. (from 3rd Coast) Broadway Granville Condos U/C. Across from Bryn Mawr el station. ![]() 5230 N. Kenmore. Provenance Condominums. Kenmore and Foster. 1 Block from Berwyn el station. ![]() 5105 N. Clark (Foster). Andersonville.
Last edited by LA1; November 21st, 2005 at 03:51 AM. |
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#2 |
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Join Date: Sep 2002
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![]() 39 condos planned on Sheridan Road BY BILL CUNNIFF Real Estate Reporter Advertisement Construction has begun at Atelier, a condominium building in the Edgewater neighborhood. The six-story building, at the southwest corner of Bryn Mawr and Sheridan, will have 39 units. Base prices range from $328,000 to $785,000. Units have 2 to 4 bedrooms and 2 or 3 baths. Indoor parking spaces may be purchased separately. The brick-and-stone building will have two levels of indoor parking and a roof garden. Unit amenities include central air conditioning, gas fireplaces and laundry hook-ups. Foyers, living rooms, dining rooms and kitchens have hardwood flooring. Kitchens are equipped with cherry or maple cabinets, granite countertops and stainless steel appliances. The building's second, third, fourth and fifth floors each will have nine units. The top floor will have three penthouses. The 1,793-square-foot Unit Four floor plan has 3 bedrooms and 2 baths. The living/dining room (22 by 16 feet) is brightened by a curved wall of windows. The master bedroom, stretching out at 18 by 11 feet, is accompanied by a walk-in closet and a private bath. One of the secondary bedrooms has a walk-in closet, too. The balcony measures 71/2 by 6 feet. The developer is the Pickus Companies with VOA Architects. Pickus is currently completing the Metro Condominiums at 1200 W. Monroe. A few years back, Pickus was honored with Loyola University's Family Business of the Year. "The Atelier design reflects the venerable buildings of the Bryn Mawr Historic District. But it also brings a fresh, contemporary vision to its classic architecture," said Marion Kennedy Volini, owner of the Lakefront Group Realty Associates, the marketing agent. "This is a premier addition to a historic street." Volini served as the 48th Ward alderman from 1978 to 1987. The Bryn Mawr Historic District was named to the National Register in 1995. Atelier, at the southwest corner of Sheridan Road and Bryn Mawr, Chicago. Lakefront Group Realty Associates, (773) 275-0808. Picture of Atelier Under Construction, thanks to Kryzcho.
Last edited by LA1; November 14th, 2005 at 06:15 AM. |
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#3 |
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Minneapolis
Join Date: Sep 2004
Location: Minnesota
Posts: 2,084
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For being so close to the 'L station, why in the world would the make the bottom three floors of the Catalpa Gardens garage space. I'm happy that it's that close to the station in the first place..but come on!
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#4 |
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Here's a story on a major infusion of money into the Andersonville neighborhood.
Calo Theatre to get $1 million rehab By Chris Jones Tribune arts critic Published January 12, 2005 The historic Calo Theatre in Andersonville will be renovated and expanded into a three-theater arts center available for use by a wide variety of local theater groups. According to Brian Posen, a local improv director and teacher and the founder of the Chicago Sketchfest, the theater at 5404 N. Clark St. will undergo a roughly $1 million rehab. It will reopen in spring 2006 and be run by Lukaba Productions, a non-profit controlled by Posen. The theater complex will operate primarily as a rental house, modeled on the Theatre Building, a longtime venue in Lakeview. "I see us having prime-time shows, late nights and children's theater," Posen said. John Morris, a local theater architect, has been retained to work on the project. The owners of the building say they have agreed to put up $200,000 toward the renovation costs. Posen's group is contributing $200,000. The remainder is expected to come from local and public sources |
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#5 |
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Expert
Join Date: Apr 2005
Location: Chicago
Posts: 6,947
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Catalpa Gardens' color scheme is something I'd see in a Third World Country, to be truthful.
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#6 |
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Registered User
Join Date: Sep 2002
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THE CITY
City targets underused lots on North Side By Jeanette Almada Special to the Tribune Published May 15, 2005 City officials are gaining authority to acquire eight underused parcels near the intersection of Broadway, Devon Avenue and Sheridan Road on the North Side. The acquisition is aimed at spurring conversion of the parcels from what neighborhood leaders describe as "an eyesore at best" into a suitable gateway to the Rogers Park and Edgewater neighborhoods. "The corner serves as a gateway to the Devon Commercial Corridor and acts as a link between the Edgewater and Rogers Park communities," the Planning Department staff told the Community Development Commission last week. The commission approved the department's petition to add the eight parcels to an acquisition list associated with the Devon/Sheridan TIF Redevelopment Project Area. Though city officials are pressing for redevelopment of underused occupied properties and vacant ones, planners have no immediate development plans in place, Planning Department staff told commissioners. The parcels to be added to the acquisition list are at 6350, 6340 and 6330-34 N. Broadway; 1230 and 1236 W. Devon Ave.; 6601 N. Sheridan Road; and 1233-43 W. Pratt Blvd. "[These properties] have underserved the community for some time," Ald. Patrick O'Connor (40th) told commissioners. "On the corner of Broadway, Sheridan Road and Devon Avenue, it could be a gateway to Edgewater and Rogers Park, but it is an absolute blight . . . If you look at the properties, the way they sit in our community, the way that they sit at the intersection, it makes one feel that you are driving into an area that is not cared for, which is clearly not the case." Six of the eight parcels are within the Devon commercial corridor in O'Connor's ward. Owners of several of the properties contested the addition of their properties to the acquisition list, which empowers the city to use eminent domain to establish a fair market appraised value and to take the owners to court if necessary to acquire the properties. "It is not a case of bad people. It is a matter of neglect that scares other businesses away," O'Connor told commissioners. Two of the properties, an auto repair shop at 6601 N. Sheridan and the vacant Temple Beth Sholom at 1233-43 W. Pratt Blvd., fall into Ald. Joe Moore's 49th ward. "The temple has been of great concern to the community," Moore said. "The building has been vacant for six years and has . . . deteriorated to a point where a fire was caused . . . about a year and a half ago by a homeless individual who had broken into the building and was trying to keep warm. . . . "Several interested developers have looked at the site and all agree that the building is in very . . . serious condition," Moore said. He added that the congregation has contacted several developers in recent weeks and noted that he would happily work with those developers. "It is at best an eyesore and at worst a hazard to the community and by adding it to the acquisition list we will encourage development," Moore said. Moore said that though there are no immediate plans to redevelop the property occupied by an auto repair shop at 6601 N. Sheridan, the shop does not represent the highest and best use of the land, and that he wants eventually to see the property redeveloped. |
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#7 |
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Registered User
Join Date: Sep 2002
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Tidbits from the Aldermans site in Edgewater.
New Developments 5800 N. Glenwood, a 6-unit condominium building will be built on a wedge-shaped property at Ridge and Glenwood. 5206 N. Broadway, Garrett Realty Group is proposing to build a 110-unit mixed-use condominium building with parking on the site formerly occupied by the Piser Funeral Home. The façade of the building at the corner of Foster and Broadway will be incorporated into the new development. 1055 W. Bryn Mawr, leasing is in progress of this newly renovated building in the Bryn Mawr National Historic District. 5800 N. Broadway, a new mixed-use building with eight condos and ground floor commercial space, replaces a one-story welding shop. 5722 N. Winthrop, this new eight-unit condo building developed by Edgewater resident Jim Byrne won a 2004 Chicago Association of Realtors Good Neighbor Award. 5230–36 N. Kenmore, a 20-unit condominium building is under construction at this address. 5023–29 N. Broadway, a new three-story commercial office building is under construction on the site. Around the corner, at 1136–44 W. Argyle, the facade of the existing building has been improved. 5427–37 N. Broadway, work is under way to transform a former laundry into a mixed-use building with 12 condominiums, commercial space on the first floor, and stores or restaurants in the two adjacent buildings to the north. Last edited by LA1; November 13th, 2005 at 11:00 PM. |
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#8 | |
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The City
Join Date: Jul 2004
Posts: 5,968
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#9 |
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Registered User
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Atelier construction photo from realtor.com
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#10 | |
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Registered User
Join Date: Oct 2003
Location: Chicago, IL
Posts: 244
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Quote:
There is construction work going on at the site, so I'm assuming it's being prepped for retail use. There doesn't appear to be any threat of a teardown for condos. |
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#11 | |
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The City
Join Date: Jul 2004
Posts: 5,968
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Quote:
^Ahhh, those rounded corner turrets. It's nice to see them make a comeback in Chicago |
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#12 | |
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Registered User
Join Date: Oct 2005
Location: Chevanston, IL
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Quote:
If this can be done in uptown why cant it be done with the adelphi theatre in rogers park? where it is more sorely needed, to salvage some character of this neigborhood. Rogers park is like an ugly step sister compared to the other lakeshore neigborhoods. |
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#13 | |
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Registered User
Join Date: Oct 2005
Location: Chevanston, IL
Posts: 1,901
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Quote:
oops didnt see this, well too bad it fell through, I see they are rehabbing the uptown theatre though, THANK GOD!
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#14 | |
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Registered User
Join Date: Oct 2005
Location: Chevanston, IL
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Quote:
I would love to see broadway fixed up around devon, but I dont want a rush to develop just for the sake of development if these arent going to be quality projects. I am glad that the city is taking these properties away from the landlords in some ways, In some ways I can understand the draw of holding onto a parking lot, you get income, you pay low taxes and while everyone else is improving the area around you, your value of the land goes up, but after awhile its like Fucking a, build something nice there will ya? the emphasis is on NICE, not dull, and not TOO cookie cutter. Something that will make this a MORE HAPPENING neigborhood, with good space for retail on the bottom. I just believe that retail spaces have been shortchanged a bit TOO much. |
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#15 | |
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Registered User
Join Date: Oct 2003
Location: Chicago, IL
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#16 |
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BANNED
Join Date: Jul 2004
Location: Chicago
Posts: 1,570
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A rare combo
Edgewater's hot, but it's also diverse, affordable By Ann Therese Palmer Special to the Tribune When Amena Yousuf, 32, was growing up in the Lakewood-Balmoral section of Chicago's Edgewater neighborhood, she never thought she'd settle there as an adult. "At first, I didn't think it could improve," says Yousuf, raised in a two-flat on North Wayne Avenue. "Regularly, vandals broke our windows. The Kenmore-Winthrop corridor had frequent arsons. Then, when the neighborhood improved, I was afraid it would become too expensive for us." But, her fears were unfounded. In April, Yousuf, a young mother and human resources manager for a consulting firm and her husband, Rauf, a periodontist, bought a three-bedroom condo for $335,000 one block from her family home. She's discovered what other Edgewater residents, such as Allen Wark, 45, a New Jersey transplant who paid $760,000 this spring for a three-bedroom townhouse on West Bryn Mawr Avenue, have learned. Or Holli Hitchins, 31, a performing artist, who pays $483 a month for a studio apartment on Wark's street, two blocks east. Even though their housing budgets vary markedly, they're attracted to Edgewater -- a 1.5-square-mile North Side neighborhood bordered by Lake Michigan and Devon, Ravenswood and Foster Avenues -- for its affordability, they say. "I looked at 30 places in Wrigleyville and Lake View starting at $350,000," says Wark, who commutes 45 minutes one-way to his job in North Chicago. "I worried about my housing investment if the economy tanks or stays flat. But, the Bryn Mawr Avenue Commerical District, listed on the [National Register of Historic Places]; restaurants; and Andersonville shops make this neighborhood a good investment." Of Edgewater's 30,000 housing units, a "substantial portion," like Hitchins' rental apartment, "are affordable," estimates John G. Markowski, Chicago's housing commissioner, with more planned. Affordability no accident It's no accident that Edgewater has an abundance of affordable housing of varying types or that its population of 62,500 is stable and diverse, say local real estate agents, community activitists and residents. For almost 30 years, these ideas have been the focus of Edgewater's strategic plan. "At that time, our identity had been almost obliterated," says Ald. Mary Ann Smith (48th). "We'd become a commuter doormat. Reversible lanes during peak traffic periods on Ridge Avenue bisected our neighborhood. We had more half-way houses and sub-standard housing than anywhere else statewide. We decided to stay, fight and reclaim our community. "From Day 1, we decided we wouldn't be a ghetto of the rich or poor. The key was affordable housing. The first major community-led project was Pines of Edgewater [an 18-building rehabilitation of 500 federally subsidized rental units]. Instead of tearing down troubled buildings, we worked to preserve them." A coalition of community leaders including Smith; former aldermen Marion K. Volini and the late Kathy Osterman; Marge Britton, Smith's development coordinator; Ed Marciniak, director of Loyola University Chicago's Institute of Urban Life; and Markowski, then executive director of the Edgewater Community Council, developed a plan to save Edgewater. They enlisted Community Investment Corp., the non-profit housing lender, to invest heavily in rehabilitating dilapidated housing in the Kenmore-Winthrop corridor, a densely populated strip of once elegant six-flats, three-flats and affordable housing sandwiched between Broadway and Sheridan that had seen a surge in crime and a drop in standard of living. Another program established Operation Whistlestop, a prototype for Chicago's Alternative Policing Strategy. Community monitors were incorporated into developers' affordable-housing plans. "Edgewater wanted safe, affordable housing plus populations that didn't normally apply for subsidized housing there, which broadened its ethnicity substantially," says Sherri Kranz, who moved there 25 years ago as Pines of Edgewater's outreach coordinator. Today she manages two local affordable rental sites. To protect the neighborhood's character, Andersonville (the southwest section of Edgewater) down-zoned blocks, says Ellen Shepard, Andersonville Chamber of Commerce executive director and local apartment renter. "By the time developers had an interest in doing teardowns here, they couldn't use the land to build the big developments they would have liked," she explains. "This preserved our housing stock." Neighborhood's `just right' In recognition of these efforts, the charitable foundation of Fannie Mae Corp., the federally chartered residential mortgage company, named Edgewater two years ago as one of five American urban communities "just right" in its housing stock affordability and diversity. That affordability, livability, easy access to the lake and public transportation are attracting new buyers and renters to Edgewater, and that's boosting prices, says Clare Tobin, Edgewater Community Council executive director. Like Yousuf, half of them are current Edgewater residents, she says. The rest are either out-of-towners, like Wark, or bargain-hunters priced out of neighborhoods to the south. Spacious homes in Lakewood-Balmoral, west of Broadway, regularly sell for $600,000 plus, reports Volini, now president of Lakefront Realty Group, with one recently topping $1 million. Many of Kenmore-Winthrop's elegant buildings have been rehabbed and converted to condos, but prices along those streets trun the gamut. Since June 2001, closed sales have ranged from $75,000 for a studio in a four-plus-one condo conversion to $365,000, according to Pamela Ball, an associate at Baird & Warner. Current active listings range from $114,900 for a one-bedroom to $429,000 for one 3,200-square-foot unit in a four-unit building, she said. Yousuf's childhood home, which cost $43,000 in 1971, is now worth more than $500,000, says her mother, Khatija Hashmy, a Chicago Park District architect. North of Ridge, Edgewater Glen homes start at $400,000. West of Ashland, houses average $370,000, Volini says. On average, two-bedroom condos, most of them situated on Sheridan Road, sell for $196,929. Median monthly rent for prime apartments is $1,033, Volini says. (Median means half cost more and half less.) "Edgewater's become hot," agrees Philip W. Nyden, director of Loyola University Chicago's Center for Urban Research and Learning, citing census statistics. Since 1990, owner-occupied housing rose from 24 percent to 30 percent. Vacant housing fell to 5.6 percent from 10 percent. Edgewater's population, up 2.46 percent in 10 years, has been "unusually steady and very diverse since 1970," says Nyden. Its racial makeup is 48 percent white, 17 percent black, 20 percent Latino and 11.5 percent Asian, with the remaining 3.5 percent representing a variety of groups, according to 2000 census figures. About one-third of whites are Bosnian immigrants, attracted by affordable housing, estimates the community council's Bosnian relief coordinator, Tom Robb. Other recent immigrants include Africans from Sudan and Nigeria; and Tibetans. More children "The biggest change is children and families," says Sheli Lulkin, Edgewater Chamber of Commerce executive director and long-time condominium owner. New census figures show Edgewater's senior population down 18 percent. "This change in generation is demanding a different type of shopping district," says Lulkin. Twenty-five new restaurants and 21 antiques dealers, more than any other city neighborhood, have opened in Edgewater in five years, she adds. Andersonville's Clark Street commercial district is also distinctive. "If you walk down the street, it's likely the person behind the counter owns the business, is there daily and that location is the person's sole means of support," says Shepherd. "We don't have chains." "We have substantial gay businesses, as well, but unlike Halsted and its Boys Town atmosphere, there isn't a separateness," adds Gary Gerdes, who owns @mosphere, a Clark Street gay bar. "People coexist here. There's a seamlessness." That attracted Chandra Clark, 31, a beauty salon appointments coordinator, who moved from Lincoln Park four years ago. She pays $670 monthly for a one-bedroom apartment. "I feel safe and supported," she says. "I don't feel unusual enough here to be stared at if I'm with another woman." Unlike other neighborhoods, community groups, particularly the community council, and Smith have a hands-on, creative approach to everything, especially housing, developers and brokers say. Two years ago, in order to slow traffic, Smith placed landscaped traffic circles, now used in other areas of the city, in the middle of busy residential intersections to force motorists to reduce speed. A $500,000 city-sponsored pilot project is helping owners of so-called four-plus-one buildings -- four floors of inexpensively built rental apartments over a below-grade garage -- renovate exteriors. "Any building variances need approval from local block clubs, the [community council] housing committee, and Ald. Smith's 70-member Planning and Development Committee," says Rae Ann Cecrle, co-owner of a construction firm. "That keeps development from going wild here." Adds local developer Peter Holsten, who has built in seven other city neighborhoods, "It's the most comprehensive, effective process I've seen." Edgewater's future includes more mixed-use residential/commercial projects on Broadway and Catalpa Avenue and on Bryn Mawr (behind the Bryn Mawr Theatre); more casual, affordable restaurants; and expensive townhouses at Bryn Mawr and Sheridan, says Tina Travlos Nihlean, president of the non-profit, city-funded Edgewater Development Corp. Another mixed-use building will replace the current Dominick's supermarket at Foster and Sheridan with a new grocery below several floors of parking and senior housing, according to Ald. Smith. New-construction barrier But, don't expect lots of new construction in Edgewater's future, warns James Byrne, president of the Edgewater-Uptown Builders Association. "Fixed-uppers are $300,000," he says. "To do a teardown costs another $350,000 for the replacement. You're at $650,000. The selling price isn't there yet." The biggest impact on Edgewater will result from plans, announced by Mayor Richard M. Daley last month, to extend Lincoln Park with landfill 2.3 miles north from Hollywood Avenue to the Evanston border. What the future doesn't hold yet, say Smith and community leaders, are a "desperately needed" new library and clothing retailers. Some residents also worry about new development making Edgewater, already Chicago's most densely populated neighborhood, according to Ald. Smith, more crowded; or whether the influx of younger people and escalating housing prices will change Edgewater's character. "I feel uncomfortable our neighborhood is getting so high-class," says Nan Sullivan, who has lived in Edgewater for 20 years and is president of the Lakewood/Balmoral Residents Council. "Some people who would be good for our neighborhood can't afford to move in." That's not worrying Hitchins. "I have peace of mind," she says. "Even if my rent is raised, I don't feel pressured to leave Edgewater. There are lots of affordable rentals and condos." |
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#17 |
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Minneapolis
Join Date: Sep 2004
Location: Minnesota
Posts: 2,084
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Good article.
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#18 |
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Expert
Join Date: Apr 2005
Location: Chicago
Posts: 6,947
Likes (Received): 6
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Broadway Village Lofts
5427 N. Broadway
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#19 | |
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BANNED
Join Date: Dec 2005
Location: Chicago
Posts: 768
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Quote:
um J Byrne is my cousin,,,and I can say that w/ out a doubt......unless you are a HR CONSULTANT......whatever the hell that means.....and a periodontist........that if you want to BUY in EW it simply IS NOT affordabale..... I am from RP...many of my friends were from EW....their P's were Cops, fireman, electricians, carpentars.....guys making 40-50Kmaybe 60-70 w/ ot......... you can't even breathe in EW for that right now........its is disgusting! |
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#20 | |
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Windy City Cop
Join Date: Dec 2005
Location: Chicago
Posts: 70
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From 48th Ward Alderman Mary Ann Smith's website:
http://www.masmith48.org/broadwaycom...eproposal.html Quote:
I wish CUAG was further along so that we could try and influence this.
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