September 18, 2024 – Chicago Tribune recently interviewed Richard Traub on the impact of the Federal Reserve’s interest rate cut on downtown Chicago’s real estate development. To read the full article, click here (subscription may be required).

“There is a reimagining of the city going on, and if we end up eventually getting rate cuts totaling 250 basis points, Fulton Market will be very active,” Traub remarked. “There are a lot of developers who are eager to make their mark, and just need the macro-economic forces to cooperate.”