Trophy towers’ condos rise above housing slump

The region’s housing and condo market is still mired in a historic slump. But when it comes to buying and selling in Chicago’s high-end condo market, life is surprisingly good.

Condominium owners at the $850 million Trump International Hotel & Tower and other newer top-end buildings have, more often than not, experienced value appreciation when they sold in recent years, deals that came together at a time when the city was saturated with condos at a wide range of price points.

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