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
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