An equivalent condo, non luxury but OK, in my neighborhood of Manhattan would be minimum of $750K but could easily go up to closer to $1M. Here's something comparable in size near where I live.

https://www.realtor.com/realestatean...4_M39757-75753

Though you could get lucky and find something for around $650K:
https://www.realtor.com/realestatean...4_M36881-20707

Equivalent of the price might be in say Astoria - which is a great neighborhood, like a more diverse Lakeview, but further away from Manhattan than Lakeview is to downtown:
https://www.realtor.com/realestatean...6_M43325-15528

Or maybe in Jackson Heights which is even further away from Manhattan than Astoria is:
https://www.realtor.com/realestatean...2_M34236-69136



Chicago is such a better deal it's not even funny. I can get a nice 2 bed, 2 bath 1600+ sq ft condo overlooking the lake in Edgewater near the Red Line and Whole Foods for around or under $300K. You can't find that good of a deal in NYC. I have a co-worker who is helping his father find a house in the Bronx - he told me he was shocked because he literally can't find a single family home anywhere in the Bronx for under $650K or $700K.

Eh - yes and no. The only reason I knew it was in Chicago was because they showed the Lou Mitchell's sign inside and I know what Lou Mitchell's is. Then they are eating and say something about "they never left Chicago!" which doesn't mean anything - they could be anywhere in the world talking about someone who never left Chicago. The episode doesn't really actually say it. My girlfriend has never lived in Chicago (only visited) and while we were watching this, she was skeptical it was actually Chicago until they started showing the river high rise wall in the background and she recognized the plaza at River Point when the main character walks out on it "HEY! We've been there!"

I watched them all. Before I started, I hadn't known they were partly filmed here so it was like a little extra bonus for me. About a third of them seem to be filmed in Chicago. It's nice to see Chicago showing up in so much film these days. When I first moved here it was fairly rare but now it's become much more common, almost certainly due to the studios in the southwest side. Even with the tax credits, it's got to be some of the cheapest publicity Chicago can get, even when Chicago isn't as in-your-face as in the Dick Wolf series. In New York, the Law & Order series' singlehandedly kept a lot of actors eating, and if the Chicago shows have enough staying power I would hope they could benefit local actors in much the same way, perhaps enabling more actors to stick around instead of having to move to New York or LA too actually make a career of acting. I don't think we're quite there yet, but it could happen if things keep going.

From today's Crain's Chgo Business:

http://www.chicagobusiness.com/reale...h-america-says

70 cranes in Toronto? That is a TON.

How is NYC not totally owning that list? Seems way off

Can anyone post the list, im not subscribed as of now. Or is that not allowed?

It is way off...I don't know what their caveat is, but I can think of at least 9 cranes just in Queens at the moment. If I had to guess the number of active cranes in NYC right now, I'd put it >100

Just google the title of the article to bypass the login wall...

If this is by the same people as the last report like this, then they just arbitrarily exclude cities like New York and Miami, thereby making the entire thing absolutely pointless.

Miami and New York both 100% without a doubt have more residential tower cranes in operation, at least double Chicago.

Miami and NYC eclipsing Chicago makes sense, but I was surprised by Toronto. They must be erecting entire highrise neighborhoods over there. Seattle also makes sense, I assume a lot of that is Amazon related. If Chicago wins HQ2, it will be fun to see what that does to our tower crane count.

I thought Chicago was Building the second highest number of high rises in the US?

toronto currently has 27 500+ foot towers U/C , with a further 83 proposed!

yeah, they've gone full-blown skyscraper building boom up there in the great white north.

if that pace keeps up, toronto will be passing chicago up in number of 500+ footers sometime in the middle of the next decade.

And every single one of them looks exactly the same, too! :)

Aaron (Glowrock)

many of them do have a "toronto condo tower" look, but there are some real stunners mixed in as well.

i really love the structural expressionism of The One and CIBC Square, both currently U/C.

i'd love to see some stuff along those lines in chicago.

Not to mention the most overbuilt bubble market in north america...i highly doubt its sustainable

Lol Toronto's skyscrapers are a joke. Here's a good documentary that goes into depth on the mishaps of the condo industry there and what over building does.

https://www.youtube.com/watch?v=uMtjf0rYlQ4

"It spiraled out of control and it spiraled out of control because the city hall never had the power to say no"

:runaway:

Wow, that's insane. Definitely puts our boom into perspective. Still impressive, but pales in comparison to our northern neighbor.

I would imagine most of these new buildings are residential/condos/apartments. I wonder how that can be sustained... is Toronto really seeing such high levels of population growth? If so, that's quite enviable.

yes.

city proper toronto is currently growing by roughly 25,000 people/year.

Impressive. We were losing a bit less than that per year last decade. Lets hope we can turn that around this census or next.

I realize that population is not all that important (we are importing wealthy households, not people) but it still baffles me that the third largest region in the richest nation on the planet, whose GDP is among the highest among regions in the world, can’t manage to gain people.

But whatever, I give up trying to understand these things. Just keep blaming the weather...