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February 27, 2009 Chicago Buildings, Economics Comments (1) 1478

Word is out that the Rosenwald is threatened again – the stunning Michigan Terrace Garden Apartments, an early affordable (not subsidized) housing scheme by Chicago’s greatest philanthropist of the early 20th century, Julius Rosenwald. Economic downturns help preservation by steering moneymad wasters away from random demolitions and harebrained development schemes, but they also stymie big projects like the Rosenwald that were getting ready to happen. Continue Reading

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