SURPRISE

ONE OF THE MO

ST CRT CRITICA AN ST CRI

BASIC F CTINFU managing needs o

will requ re a req

re u r s a tru but nob urprise

surprise - when th ngs ghings gongs gs go well. 400 East

but n body enjoys a ba urprise - wurprisepr s - w

equires a tru but no

tn bot nob prise -

nob riise - w New ngs

Ne Eastside neigneig condomiiniium b oriigiinalna Lak

ake S

New Eastside neigh condom n u or g nal renta

st Rando ph, or h,, origrigi sgo w andollph origin

eighborhood. Home t building under one roo

ph, originally kn eighb h

nown as Out to mor

Shore Drive, 400 East Rando

u er Driive East, is a 40-story condo o e than 2,000 residents, the 956-unde ts the

a s a o f in the State of Illinois. The fi e olph was converted to condo in 197 s arring John Travolta.

he first buillding built east of the 73 after ten years as a

ominium tower in the nit tower is the largest e

en al building.ng Interestingly, the iconic building was featured in “Nothing in Common” with Jackie Gleason and Tom Hanks, and “Eyes of an Angel” st

26 | COMMON INTEREST® A Publication of CAI-Illinois Chapter ng agent n is to ork clo

ship betwee th board and management. Everybody badad one. This is th

s bad o

een the board a the stor

story of

T CRICRITICAL A D IONS

NS OF A COND to wor

DO BOAR

off the building. When hose nee uiire a special assessmen s a true partners

osely with the board to execute its goals as wel as address the physica When those needs incllude a large-scale capital impro ment pro ec ssment – righ o

closel w h

RD IS TO PRESERVE THE PR PERTRTY.Y. r

E right on the heels of another significa

E THE PROP RTY The job of the ell as

s addres h p

r vement project tha ant capital project

al at

ct –it of how sound planning led to the right kind of

y likes a nice surprise, o

PARTY - It Went Well!

By Phil Pritzker, The Habitat Company

A WINDOW INTO CONDO MANAGEMENT