I'm an assistant digital editor at Crain's Chicago Business. Articles here. Documents we use here and here. Various bios here. Tweets here.
Catching Elephant is a theme by Andy Taylor
'There are only two markets, ultraluxury and subsidized housing'
Only 10 floors have been completed in what is intended to be the tallest residential building in the Western Hemisphere — a slender, 84-story tower on Park Avenue at 56th Street in Manhattan. But the top penthouse is already under contract for $95 million.
Other buyers have snapped up apartments on lower floors for prices that are almost as breathtaking. While their identities are not known, it is likely that many are the rootless superrich: Russian metals barons, Latin American tycoons, Arab sheiks and Asian billionaires.
We Promise Not to Screw
Quick, someone teach the Yahoo social team how to use the Tumblr Twitter box. STAT.
Image: Automated tweet from Yahoo’s Tumblr to Yahoo CEO Marissa Mayer’s Twitter account.
Wordpress CEO says thousands already fleeing Tumblr
Wordpress is the world’s most popular blogging platform, and according to CEO Matt Mullenweg, Yahoo’s acquisition of Tumblr was already made it more so.
May 20, 1990: Calvin and Hobbes creator Bill Watterson’s remarkable Kenyon College commencement address on creative integrity.
Data analytics app provides detailed hyper-local information
We recently wrote about Homesnap – an augmented reality app that enables locals to bring up real estate data about any home in the neighborhood. Now BlockAvenue is bringing more data to the hyper-local level, offering detailed statistics about specific blocks in the US. READ MORE…
It’s official: Chicago’s GrubHub will merge with New York City’s Seamless to create a huge online food-delivery company.
One of these things is not like the other #officeparties
Businessweek profiles Caterpillar CEO Doug Oberhelman:
Oberhelman paid his way through Millikin University, a small private college in Decatur, “by working at a bank, where he did everything from sign home mortgages to repossess cars.”
“It was a fabulous experience,” he told Businessweek. “You knock on the door, and you tell somebody you’re gonna take their car away — and usually they’re down on their luck, and their car is the last thing they have. So I learned to deal with that.”
Oberhelman got a 60 percent pay hike to $22 million last year; his workers’ wages remain stagnant.
Via stephielashes:
Finally, details about the massive redevelopment of Navy Pier and the proposed DePaul arena near McCormick Place.
