Posts with tag president obama

Obama's NYC Apartment: Cheap Enough for a College Kid

For just $1,900 a month you can live in the New York City one-bedroom apartment that President Obama and his then-roommate, Phil Boerner, squeezed into during their junior year at Columbia University. The pad, located in the Morningside Heights neighborhood, presumably rented for a lot less in the 1980s, and perhaps... Continue Reading »

Obama to Mortgage Biz and Banks: We're in This Together

It's becoming a standard play for President Obama. Just as he gave a high-profile speech to seal the deal on the health care overhaul earlier this year, he came to New York City on Thursday to set up the winning shot for financial reform. With Goldman Sachs' Lloyd Blankfein seated in the third row, President Obama could... Continue Reading »

JPMorgan Chase Is No Fan of Latest Obama Plan to Stem Foreclosures

JPMorgan Chase CEO Jamie Dimon was once a golden boy in Washington. After his bank emerged relatively unscathed from the subprime meltdown, Dimon was an enthusiastic supporter of the government's bailout plans. The lifelong Democrat was a member of Barack Obama's unofficial brain trust during the 2008 presidential... Continue Reading »

Chicago Homeowners Cash in on Being Obama's Neighbor

A new real estate principle called "the Obama Factor" has been coined this week. After seven months on the market, the 14-bedroom home next to President Barack Obama's residence in Chicago's Kenwood neighborhood sold for $1.4 million. "The Obama Factor," according to listing agent Matt Garrison, is the heightened... Continue Reading »

Chicago Real Estate News

More than a week has passed since the last Chicago news round-up, but things are never completely quiet in the Windy City, even real estate. This week's top headlines: Chicagoans are being watched, Warren Buffet makes a move on Chicago, mortgages on small rentals are in trouble, and per usual, a couple big-time properties... Continue Reading »

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