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Chicago's Spire Condos May Be a Tough Sell

Developer plunges pricey skyscraper into lousy housing market

By Sam Gale Rosen, Newser Staff

Posted Jan 14, 2008 12:00 PM CST

(Newser) – The Chicago Spire residential tower isn't even under construction yet, but its luxury condos—slated to be sold for unprecedented prices—will come face-to-face with a lousy housing market when the sales office opens today. Prices for units in the twisting skyscraper start at $1,... Read full story »

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Chicago's Spire Condos May Be a Tough Sell

Developer plunges pricey skyscraper into lousy housing market

Chicago • housing market • skyscraper • Chicago Spire • condominium • housing crisis • new construction

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More Newser Stories

Irish Bank Sues to Foreclose on Chicago Spire

Ireland could own under-construction skyscraper

Trump in Trouble on Chicago Tower

Bleak outloook makes financing a tall order for 92-story skyscraper

Economy May Cripple Chicago Spire Project

Consultants file liens against world's tallest skyscraper

Surprise! Existing Home Sales Jump

February's 2.9% rise surprises analysts; median price tumbles unprecedented 8.2%

Condo Glut Floods Cities

Bargains abound as boom-time projects completed

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