{"id":1004398331,"date":"2020-03-09T05:32:55","date_gmt":"2020-03-09T13:32:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004398331"},"modified":"2020-03-11T06:35:48","modified_gmt":"2020-03-11T14:35:48","slug":"daily-reads-march-9-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/daily-reads-march-9-2020\/","title":{"rendered":"DAILY READS: March 9, 2020"},"content":{"rendered":"<p><strong>Clark Settles $5M The Wharf DC Lawsuit With Perkins Eastman for Undisclosed Amount<\/strong><\/p>\n<p>&#8220;General contractor Clark Construction Group LLC and architecture and engineering firm Perkins Eastman DC&nbsp;have agreed to dismiss&nbsp;their respective lawsuits regarding alleged design errors and omissions on the first phase of the $2.5 billion The Wharf development in Washington, D.C. Clark filed its $5 million claim against Perkins in March 2018.&#8221; <a href=\"https:\/\/www.constructiondive.com\/news\/clark-settles-5m-the-wharf-dc-lawsuit-with-perkins-eastman-for-undisclosed\/573619\/\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>ConstructionDive<\/em><\/p>\n<p><strong>Big Tax Hikes for Landlords? Maybe Not.<\/strong><\/p>\n<p>For much of the past year, landlords in the northern and northwest suburbs have griped that&nbsp;Fritz Kaegi,&nbsp;who took over as assessor in late 2018, is giving them a raw deal,&nbsp;jacking up their assessments&nbsp;and setting them up for huge real estate tax hikes this year. Many say the increases have had a&nbsp;chilling effect&nbsp;on the local commercial real estate market, scaring off investors and depressing property values. <a href=\"https:\/\/www.chicagobusiness.com\/commercial-real-estate\/big-tax-hikes-landlords-maybe-not\" target=\"_blank\" rel=\"nofollow noopener\">Read more|<\/a><br \/>\n<em>Crain&#8217;s Chicago<\/em><\/p>\n<p class=\"entry-title\"><strong><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004398427\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-march-9-2020\/stack-of-construction-lumber-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/stack-of-construction-lumber-1.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"stack-of-construction-lumber\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/stack-of-construction-lumber-1.jpg?w=800\" class=\"size-medium wp-image-1004398427 alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/stack-of-construction-lumber-1.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/stack-of-construction-lumber-1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/stack-of-construction-lumber-1.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/stack-of-construction-lumber-1.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Designed by MIT Architects: A New Approach to Sustainable Building Takes Shape in Boston\u2019s Roxbury<\/strong><\/p>\n<p>Designed by architects from MIT and the design and construction firm Placetailor, the five-story building\u2019s structure will be made from cross-laminated timber (CLT), which eliminates most of the greenhouse-gas emissions associated with standard building materials. It will be assembled on site mostly from factory-built subunits, and it will be so energy-efficient that its net carbon emissions will be essentially zero. <a href=\"https:\/\/bostonrealestatetimes.com\/designed-by-mit-architects-a-new-approach-to-sustainable-building-takes-shape-in-bostons-roxbury\/\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>Boston Real Estate Times<\/em><\/p>\n<p class=\"entry-title title flipboard-title\"><strong>Communities Are Learning How to Live With New Urban Logistic Centers<\/strong><\/p>\n<p>&#8220;Warehouses that are increasingly urban require much more attention to zoning and community concerns than do tilt-up boxes surrounded by miles of highways and forests. In time, cities and denser suburbs may refine their zoning laws to better reflect the modern need for urban logistics space.&#8221; <a href=\"https:\/\/www.propmodo.com\/communities-are-learning-how-to-live-with-new-urban-logistic-centers\/\" target=\"_blank\" rel=\"nofollow noopener\">Read more<\/a><br \/>\n<em>Propmodo<\/em><\/p>\n<p class=\"merriweather text-3xl mt-4 font-thin leading-tight\"><strong>What Is Your Take on the Coronavirus and Its Impact on Our Industry?<\/strong><\/p>\n<p>&#8220;&#8216;You start your coronavirus preparedness by instituting a&nbsp;no penalty cancelation policy. No questions asked!&nbsp;Second, you institute a strict &#8216;<i>No Discounting&#8217;<\/i>&nbsp;policy. Discounting &#8216;<i>smells&#8217;<\/i>&nbsp;of desperation and does not generate additional demand! Instead, focus on your property&#8217;s short-haul and drive-in feeder markets and relearn how to sell on value and not on rate alone.'&#8221; <a href=\"https:\/\/www.hospitalitynet.org\/panel\/125000044.html\" target=\"_blank\" rel=\"nofollow noopener\"><em>Read more&nbsp;<\/em><\/a><br \/>\n<em>Hospitalitynet.org<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New tax for Chicago landlords? How hoteliers are coping. Timber! Here&#8217;s a batch of other critical content for you to read, listen to or watch.<\/p>\n","protected":false},"author":1269,"featured_media":1004398427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004398331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DAILY READS: March 9, 2020 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/daily-reads-march-9-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DAILY READS: March 9, 2020\" \/>\n<meta property=\"og:description\" content=\"New tax for Chicago landlords? 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