DNAinfo

Look Inside Wicker Park Apartments Untouched Since 70s

WICKER PARK — The manager of a vintage-inspired camera shop on Milwaukee Avenue that’s located at the base of an apartment building untouched since the 1970s got a peek into the structure’s history on Thursday.

The apartments have mustard green and white doors, with wallpaper adorned with roses, according to images posted to Piper Robbins’ Instagram.

“It feels almost like someone was getting ready to go to work one day, but never came back home,” said Piper Robbins, owner of the Emulsion Gallery and Lomography Embassy Store, 1422 N. Milwaukee Ave.
Read More…

Crain’s Chicago

Apartments coming to Salvation Army site on West Side

One of the busiest apartment developers in the city is cooking up another deal on a Salvation Army property in West Town.

Chicago-based Cedar Street has agreed to buy the property at Ashland Avenue and Monroe Street, where it plans a mix of apartments and retail space, Cedar Street Managing Partner Alex Samoylovich confirmed.

Read More…

Curbed Chicago

Cedar Street Closes on Historic Otis Loft Timber Warehouse

Developer Cedar Street is staying fastidiously busy as a force in the preservation of historic and significant real estate. Their latest acquisition (of a total of five) is no exception.

They now own the Loft Timber Warehouse, a property constructed between 1900 and 1905 by the Otis Elevator Company.
Read More…

Curbed Chicago

FLATS Developer Commits to Purchasing Old Salvation Army Freedom Center Campus

The Salvation Army’s old Freedom Center complex on the Near West Side has found a buyer. According to Crain’s, developer Cedar Street Cos. has agreed to purchase the three acre campus and its buildings. While the sale price is still unknown, insiders tell Crain’s Alby Gallun that the cost could be somewhere in the neighborhood of $20 million.

Read More…

Curbed National

The Micro Housing Development Boom Across the U.S., Mapped

The pronounced swing back towards urban living, and the renewed fervor for downtown development, has only made our cities more dense, making the search for cheap housing that much more challenging. While mayors across the U.S. have called for more affordable housing (in New York, both Bloomberg and De Blasio have said it was imperative the city offer more low-rent options), many developers have decided the solution to density and affordability is downsizing and designing smaller units.
Read More…

WFC NEWS

Chicago-based developer jumps on micro-living train by remodeling old buildings

Call it the urban, apartment-dwelling version of the tiny house trend: Little spaces for living in Chicago are making it big.
Big players in this arena are developers like Jay Michael and Alex Samoylovich, co-founders and partners of CEDARst.
The Chicago-based concern is the holding company for a range of businesses, including hospitality, entertainment, and several venture start-ups. According to Crain’s Chicago Business, CEDARst owns more than 2.5 million square feet in Chicago, with about a third of that owing to the micro apartment Flats Chicago brand.
Read More…