It’s been said that Crain’s Chicago Business is “where the who’s who view what’s what.” So it’s with great pleasure that I’m once again quoted in a Crain’s article.
…in order to overcome the market-rate anxiety of participating in the social experiment,” says Garry Benson, president of Chicago-based residential marketing firm Garrison Partners, which has worked on two other mixed-income projects near Cabrini-Green. “If you start off having to offer below-market value, when the market drops, you can’t drop your prices below your costs.
Last time I was in Crain’s, readers posted some rather spirited comments in reply. Here’s an example:
Garry Benson, are you insane?
I love questions like that. Which is why I responded with a blog post on December 7th. You can scroll down one entry, it’s my mini-manifesto on why things might, MIGHT, be turning around.
To read full Crain’s article on Cabrini Green bailout (if you’re in Chicago real estate, you probably should) click here.
Garry
A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today.
Hi guys,
I know this might be a bit off topic but seeing that a bunch of you own websites, where would the best place be to host. Someone recommended I use Blue Host for $6.95 a month which seems like a great deal. Anyone here on garrisonpartners.com using them?
Hi there. We actually use Godaddy. Cheaper and more reliable.