tag:blogger.com,1999:blog-1957537260422450632.post1180477178480815864..comments2024-03-23T09:42:36.833-05:00Comments on Uptown Update: Lawrence House In Foreclosure, For SaleUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1957537260422450632.post-53164967422567970872012-04-03T13:33:37.133-05:002012-04-03T13:33:37.133-05:00Quite a few elderly people live there and have for...Quite a few elderly people live there and have for years. In the last decade or so, the owners began renting to younger people, often with addictions, criminal records and/or mental problems. That combination and lack of upkeep on the building is what has led to its becoming a blight on the community. My hope is that new owners can come in, institute tenant screening procedures, make the place habitable again, and install good management. It's a gorgeous building and I really feel for the elderly who have been there so long and now live in horrible conditions and are terrorized by their neighbors.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-29820718246144165852012-04-03T13:12:58.228-05:002012-04-03T13:12:58.228-05:00I don't think any elderly people actually live...I don't think any elderly people actually live there. I have always seen young to middle-aged people in front of and coming out of the building.Siren Boundhttps://www.blogger.com/profile/03885712441567450854noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-87313837262752232002012-04-03T10:07:57.706-05:002012-04-03T10:07:57.706-05:00Where will all the elderly residents go?Where will all the elderly residents go?Susanhttps://www.blogger.com/profile/15484859156885765940noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-13290610160801465112012-03-26T14:54:53.856-05:002012-03-26T14:54:53.856-05:00It is maybe 7 to 10 percent of that building's...It is maybe 7 to 10 percent of that building's population that makes the rest live in terror, however, they are talented in their areas of dysfunction. Those people need to be evicted by the new owners whenever they take over.Organic peregrine terra cotta bricolage cruelty- free locally outsourced maple nut crunchhttps://www.blogger.com/profile/16897850935620128528noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-34925041195367580072012-03-26T13:35:59.077-05:002012-03-26T13:35:59.077-05:00Horizon removed beautiful period-style facades and...Horizon removed beautiful period-style facades and details in 5050 N. Sheridan and kicked out great tenants in their bid to revamp the building.<br /><br /> Certainly the building needed some TLC and not all the tenants were stellar, but good luck to them trying to charge double or triple the price for their not-so-desirable Uptown units. <br /><br />The North Coast and Jeffo- I'm not so sure there's that much demand. Why would someone pay $1,000 a month to live in that area? I lived in 5050 and still live in Uptown (we bought a place), but I wouldn't have paid that much in rent. I'd move to Edgewater, Andersonville, or Lakeview for that price.<br /><br /> Let's hope I'm wrong.Meghan in Uptownhttps://www.blogger.com/profile/11106569028577912462noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-5576205289643657432012-03-26T13:33:33.184-05:002012-03-26T13:33:33.184-05:00This building would be a great investment into the...This building would be a great investment into the Uptown neighborhood for the right buyer. It is just waiting to be transformed into a high quality complex of apartments. I just hope it does not become a problem generating, low-income type housing complex, that we have so many of now scattered through the Uptown area.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-36668852417934081812012-03-26T13:01:04.663-05:002012-03-26T13:01:04.663-05:00Yes I agree North Coast, market rate apts ala Somm...Yes I agree North Coast, market rate apts ala Sommerset Place which is in the works would fill a market demand and make the area much safer and interesting.Philip McGregor Rogershttps://www.blogger.com/profile/01580740928457414722noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-5383203795045613642012-03-26T13:00:51.239-05:002012-03-26T13:00:51.239-05:00I've heard rumors the Holstein Group have it/w...I've heard rumors the Holstein Group have it/want it. Same folks who have Wilson Yards complex.granzattichttps://www.blogger.com/profile/06859389934411758860noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-46695796041827458702012-03-26T12:30:10.911-05:002012-03-26T12:30:10.911-05:00This is a beautiful old building, a classic little...This is a beautiful old building, a classic little Art Deco skyscraper. Maybe it will sell cheaply enough in foreclosure to make it worthwhile to gut it clear back to the bricks and build it out as decent-sized, market rate apartments. <br /><br />There is surely a demand for nice middle-tier rentals in Uptown. The beautiful Sheridan Plaza seems to have no problem staying rented at $1000 a month or more for 1 bed apts.The North Coasthttps://www.blogger.com/profile/14292115710427172625noreply@blogger.comtag:blogger.com,1999:blog-1957537260422450632.post-74976304428980790622012-03-26T12:07:37.806-05:002012-03-26T12:07:37.806-05:00Im glad you posted this, I think I beat you to it ...Im glad you posted this, I think I beat you to it on everyblock.Philip McGregor Rogershttps://www.blogger.com/profile/01580740928457414722noreply@blogger.com