Tag: Crain’s Chicago Business

Crain’s: Maywood Among Suburbs Where Homes Sold Fastest In 1st Quarter Of 2018

Thursday, April 26, 2018 || By Local News Curator || @maywoodnews 

Featured image: A fully rehabbed home at 117 S. 10th Ave. in Maywood that’s on the market. | Caldwell Banker 

During the first quarter of 2018, homes sold faster in Maywood than most other Chicago suburbs, according to a recent Crain’s Chicago Business analysis of data provided by Midwest Real Estate Data and the Chicago Association of Realtors. 

Continue reading “Crain’s: Maywood Among Suburbs Where Homes Sold Fastest In 1st Quarter Of 2018”

As Homes Built By Bellwood Sell Out, Village Officials Look To Build More

Saturday, April 21, 2018 || By Igor Studenkov || @maywoodnews || Updated: 8:18 p.m.

Featured image: Homes located inside of Randolph Estates, the latest housing development built by the village of Bellwood. | VFP 

During an April 18 regular meeting, the Bellwood Board of Trustees signed off on bids for the construction of two single-family homes near Englewood Avenue and Butterfield Road, which are part of Englewood Estates.

Continue reading “As Homes Built By Bellwood Sell Out, Village Officials Look To Build More”

Urban Partnership Bank, Which Has A Branch In Bellwood, For Sale

Thursday, February 15, 2018 || By Local News Curator || @maywoodnews 

Featured image: Urban Partnership Bank in Bellwood. | Urban Partnership Bank

Crain’s Chicago Business reported on Thursday that Urban Partnership Bank, which was established after ShoreBank failed in 2010, “is seeking a buyer.” The bank has a branch located at 4310 St. Charles Rd., in Bellwood.

Continue reading “Urban Partnership Bank, Which Has A Branch In Bellwood, For Sale”

Report: Seaway Bank’s Failure Was Self-inflicted, Acquiring Maywood Bank Didn’t Help

Friday, September 22, 2017 || By Michael Romain || @maywoodnews 

A report released in August by the Federal Deposit Insurance Corporation concluded that Seaway Bank & Trust failed because of bad governance and risk management practices that flowed from the institution’s board of directors.

Continue reading “Report: Seaway Bank’s Failure Was Self-inflicted, Acquiring Maywood Bank Didn’t Help”

Proviso East Grad, Maywood Resident Featured in Crain’s

Sunday, September 10, 2017 || By Local News Curator || @maywoodnews 

Featured image: Nick Brown | Facebook 

Proviso East graduate and Maywood resident Nick Brown, 31, was recently featured in a Sept. 9 article in Crain’s Chicago Business.

Brown is the creator and operator of Glappitnova, what Crain’s calls “a multiday, multicity conference for young artists and entrepreneurs.” According to its website, Glappitnova is designed to create productive collisions.

Continue reading “Proviso East Grad, Maywood Resident Featured in Crain’s”

Navistar to End Engine Production in Melrose Park, Lay Off 170 Workers

Thursday, August 3, 2017 || By Local News Curator || @maywoodnews || Photo: Getty Images

Navistar, the international truck and engine corporation based in Lisle, will stop producing engines at its Melrose Park location, according to an Aug. 3 report in Crain’s Chicago Business.

The move, which will reportedly take effect next year, will mean that 170 employees will be laid off, a company spokesperson told Crain’s.

Continue reading “Navistar to End Engine Production in Melrose Park, Lay Off 170 Workers”

When Michelle Obama’s Former Hairstylist ‘Moved On Up To’ Maywood

Flowers and Obama.jpgFriday, July 21, 2017 || By Local Media Curator || @maywoodnews

Michael “Rahni” Flowers, the 30-year owner of the upscale Van Cleef Hair Studio in Chicago, recently talked to Crain’s Chicago Business about his many celebrity clients, his experiences styling perhaps the most famous client of all (former First Lady Michelle Obama) and, among other things, his “move on up” to his former hometown … Maywood.

Some tidbits from the interview:

Flowers, 62, described having a hand some significant moments in the life of the First Lady and this country. For instance, he style Obama for “wedding, the first Iowa primary, the election night celebration in Grant Park in 2008, and I styled her, her mother and both daughters during all the first inauguration events. She wanted me to move to D.C., but my partner convinced me to stay here.”

His Maywood “shout-out” came while Flowers talked about his childhood.

“I was the 10th of 13 children,” he said. “We grew up on the West Side in a low-income housing community. My dad worked in the Armour factory, and my mother was a stay-at-home mom. Eventually we were able to ‘move on up’ to Maywood.”

You can read the full Crain’s interview here. Above photo credited to Van Cleef Hair Studio. VFP

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