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August 2011
What $1 Million Buys This Month
By Dennis Rodkin
So far in August, three homes have sold for precisely $1 million, and they all went on the market—for the first time, at least—in the spring of 2009. Here’s a closer look... Read more
Florida Architect-Designed House in Naperville Sells for $3 Million
By Dennis Rodkin
A 16-room house on two and a half acres in Naperville sold in late May for $3.089 million. That’s the highest price paid for a home in that city since September 2008, when an estate on the same street sold for $4.95 million. At that time, this house was also for sale, with an asking price of $5.2 million. It remained on the market until it was finally sold this spring—at 59 percent of its original price... Read more
Jan Schakowsky Blasts Republicans, Promotes Her Jobs Bill
By Carol Felsenthal
Jan Schakowsky, is an old-fashioned liberal, definitely left of center and proud of it. In a rally last week at the Goudy Elementary, a CPS school, she previewed her “Emergency Jobs to Restore the American Dream Act,” a bill unabashedly modeled on FDR’s WPA (Work Progress Administration). In a telephone conversation Thursday from her vacation home in Michigan City, Indiana, Schakowsky told me... Read more
The Next Cubs GM: Why Not Kim Ng?
By Whet Moser
Starting as a White Sox intern out of the University of Chicago, Kim Ng became the youngest assistant GM in baseball history, and most recently spent nine years with the Los Angeles Dodgers before moving to the commissioner's office. Her name regularly comes up when a GM job opens. Could she be a good fit for the Cubs? Read more
Jim Hendry Out as Cubs GM
By Whet Moser
The Cubs' embattled general manager gets cut, just a few days after reports that his job with the team was safe. Did his inaction at the trade deadline do him in? And is Sam Zell to blame? [Update: Hendry knew for almost a month before today.] Read more