Essex Realty’s Steven Livaditis may have been the last broker in Chicago to close a condo deconversion deal during its glory days, when only 75 percent of sellers had to approve a bulk sale. Hours before a new rule upping the deconversion threshold to 85 percent of sellers went into effect, his client closed on a 26-unit condo building in Edgewater. Several attorneys told him that other condo associations around Chicago were scrambling to get
source https://therealdeal.com/chicago/2019/10/17/the-chicago-condo-deconversion-craze-is-dying/
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