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Old Posted May 16, 2023, 7:26 AM
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Quote:
Originally Posted by marothisu View Post
Time will tell, but indications are that he'll possibly be pretty YIMBY.
You might be onto something. Other real estate industry members, not just Sterling Bay, seem to be warming up to Johnson.

Quote:
While Johnson so far hasn’t backed away from proposals that are downright frightening for the industry — namely more than tripling the city’s transfer tax on property sales of $1 million or more — insiders are confident they can meet somewhere in the middle of the road on big issues.
....
But housing policy discussions won’t be totally one-sided, as Johnson also put on his team Chicagoland Apartment Associaton’s Michael Mini and David Reifman, the city’s former Planning and Development commissioner and now Chicago region president for locally headquartered development and construction giant Clayco.

“It will take the mayor-elect some time to build out his team, and my impressions are that he’s very smart and capable of articulating multiple complicated themes,” Clayco founder Bob Clark, who has already had multiple meetings with Johnson, told The Real Deal in an email.
....
Developer Sterling Bay, whose executives donated thousands to Vallas before the runoff, also scored a spot on Johnson’s transition team, with the firm’s director of diversity and strategic development Keiana Barrett named to the subcommittee on economic vitality and equity.
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Like Clark, Illinois Realtors leaders have also had early meetings with Johnson. The organization developed a relationship with him during his time on the Cook County Board of Commissioners. The trade group, which stayed neutral in the race, has observed that “he’s very open about where he stands on certain topics,” Blustein said.
....
“We might differ in how to get there, but we want to start from that place where we agree,” Blustein said.
https://therealdeal.com/chicago/2023/05/...eal-estate-prepares-for-brandon-johnson/
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