Sterling Bay CEO Andy Gloor is seeking new financing for the $6-billion Lincoln Yards mega-development in Chicago after delays in getting approvals from the city have set the project behind schedule. Mayor Lori Lightfoot has reportedly “put a brake on” the 53-acre development, which was slated to become a life sciences hub, and pushed it back three years. According to Gloor, this delay could cost up to $10 billion when taking into account construction jobs and permanent positions that would be created by its completion.

Legal Sector Drives 4.5M SF of Office Leasing as Firms Invest in AI and Workplace Upgrades
New survey findings indicate that the legal industry is outperforming many other office-based sectors, buoyed by sustained demand for legal

