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Consider yourself very lucky if you are not a guy who went to New Trier East in the 1980’s. And that’s because my beloved high school required one thing from its boys which caused all of us endless trauma well into adulthood. Citing cost savings as its reason (um, in Winnetka!), they forced us to swim without bathing suits - yes, NUDE - during our swim classes. Even though the girls got (albeit, horribly ill-fitting) bathing suits, they deprived us of that luxury. The equation is pretty simple: cold natatorium + freezing water + boys in various stages of development + instructors and eager assistants who handed out towels = utter humiliation.
I try not to think about that often, but last week I was reminded of it when clients of mine suffered the ultimate real estate humiliation: they were rejected by a co-op board. With no explanation. Should you decide to buy a coop apartment, you are literally putting everything out there in plain view - just like we had to do at NTE swimming. You hand them your financials, your best references, your personal family info, everything. You even get dressed up in your finest for either an interview or an introduction party with the other residents. You are charming, successful, and well-travelled. You make sure to put in your collar stays, and you never say “ain’t.”
And then it hits: denied. As alarming as this is, coops are entitled to screen its residents and accept whom they choose - and deny the others without explanation. Coops originated early in the 20th century when members of the same club or family elected to erect a building for themselves - and control who moved in when any resident decided to sell. Even though this mode might seem antiquated at this point in time, it’s a form of ownership which many enjoy - even if an apartment in the building languishes on the market while they reject applicants.
We at the Brad Lippitz Group are well-versed on the pros and cons of coop ownership, and we are available 24/7 should you have any questions. But, remember that there’s no guarantee should you decide down the path of coop ownership.
Just remember to put on clothes for the interview.
Have a great weekend!
Best,
Brad
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The Richard H. Driehaus Museum's
A Tale of Today: Materialities Exhibit
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The Driehaus Museum is characterized by a rich history and an impressive wealth of architectural styles. The site of the Museum, the Gilded Age-era Samuel Nickerson Mansion, offers a rare opportunity to map important and often overlooked histories and genealogies. While the unique design and architecture of the Mansion have been documented and studied, A Tale of Today: Materialities proposes to investigate more deeply the materials that comprise the very fabric of the building by showcasing the work of 14 Midwest artists.
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Garfield Park Conservatory
Spring Flower Show: Rooted in Mystery
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Winter is almost over and the Garfield Park Conservatory is here to usher in warmer days with its annnual Spring Flower Show. Make a reservation to explore this year's theme, "Rooted in Mystery," which explores the critical part of plants we don't see hidden underground. You'll find spring bulbs like azaleas, pansies, snapdragons, astilbe, baptisia, hydrangeas and more. The show only sticks around through Mother's Day weekend, so book your visit soon!
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3 Bed | 2.1 Bath River North
Knock-out penthouse with amazing terrace. Check out the video here.
Offered at $1,495,000
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3 Bed | 2.1 Bath East Lakeview
Offered pre-Market at $750,000
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2 Bed | 2.1 Bath West Loop
Check out the video here.
Offered at $525,000
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2 Bed | 2 Bath East Lakeview
Offered at $390,000
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1 Bed | 1 Bath South Loop
Rented at $2,100/month
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4 Bed | 3.2 Bath Northbrook
Offered at $855,000
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2 Bed | 1 Bath East Lakeview
Bought for $475,000
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3 Bath | 3 Bath Lincoln Park
Fabulous newer construction in luxury elevator building.
To be offered at $2,850,000
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4 Bed | 3.1 Bath Gold Coast
Rockstar penthouse triplex in historic Playboy Mansion.
To be offered at $2,500,000
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5 Bed | 3 Bath East Lakeview
Beautifully designed full-floor residence in stately vintage elevator building with parking.
To be offered at $1,850,000
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4 Bed | 3.1 Bath East Lakeview
Stunning renovation in
Beaux Arts masterpiece.
To be offered at $1,499,000
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2 Bed | 2 Bath Gold Coast
Charming unit with huge terrace.
To be offered at $399,000
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2 Bed | 2 Bath River North
Prime east-facing gut-renovated loft with huge terrace.
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1 Bed | 1.1 Bath Near North
Oversize unit with amazing west-facing skyline views.
To be offered at $2,995/month
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We have Buyers looking for their next home.
Could it be yours?
If you or someone you know have something that could work for our clients -
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Buyer #1
ISO: single family home up to $2.5M in Blaine, Bell, Audubon, Coonley, Burley, or Prescott. Flexible on timing. Prefer move- in ready or light cosmetic work.
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Buyer #2
ISO: condo with 3+ bedrooms in Bucktown, Wicker Park or Logan Square with outdoor space.
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Thinking of Buying or Selling a Home?
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Answering the question:
"Why use the Brad Lippitz Group to help you purchase your next home?"
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Answering the question:
"Why use the Brad Lippitz Group to help you sell your home?"
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Modern. Vintage. Architectural. Cool.
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And everything in between.
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Check out previous "Into the Weekends" here.
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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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