Fake news - there are 195 new condo projects in Chicago being built today - with more coming on line. 54 new high rises in the down town area - mix of hotels and condos. There are waiting lists for apartments in the better neighborhoods. Construction projects every where downtown and the North side of the city.
Hi rises are not the definition of desirable city to live. Cabrini Green was all high rises, and it was one of the worst crime infested high rises ever.