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The River North neighborhood got its name from Chicago real estate developer Albert Friedman (chief executive of Friedman Properties Ltd.), who in 1974 started to buy, restore, and build commercial property in the southeast sector. [10] Much of the area was a shabby urban neighborhood.
With these great investments in land, she parleyed the fortune into almost double what she had been left and, in 1918, bequeathed an estate of $15,000,000 to her sons Honoré and Potter Palmer Jr. They sold the Chicago mansion in July 1928, for $3,000,000, [9] to the industrialist Vincent Hugo Bendix, who had invented an automobile starter. [8]
Chicago Public Schools (CPS) operates public schools serving the community. [7] Ogden International School of Chicago has its East Campus, which houses elementary school, [8] in the Gold Coast. [9] Residents of the Gold Coast are zoned to Ogden School for grades K-8, [10] while for high school they are zoned to Lincoln Park High School. [11]
Parkway Gardens Apartment Homes, built from 1950 to 1955, was the last of Henry K. Holsman's many housing development designs in Chicago. Holsman began designing low-income housing in Chicago in the 1910s when an urban housing shortage developed after World War I.
Record-breaking $21 million sale for Paradise Valley, Arizona 7-bedroom, 15,700-square-foot main house plus guest house on 4.27 acres with views of Camelback Mountain represented by Walt Danley Realty. [14] Waterfront home in Vaucluse sells in October 2022 for AUS $60 million represented by Ken Jacobs Christie’s International Real Estate. [15]
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