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Related Hires Condo Sales President for Midwest

CHICAGO-The New York City-based firm has brought on David Wolf from his local firm to oversee the sales efforts of condos in Chicago, including 500 units in the South Loop.

By Robert Carr | Updated on August 01, 2012

CHICAGO-Related Cos., based in New York City, has hired David Wolf as president of sales at its local office. Wolf has left his own firm, David Wolf Residential, and will oversee the sales efforts of 500 condominium residences in the South Loop.

Related plans to renovate and sell about 500 condominium units in the buildings at 1201 S. Prairie Ave., 1629 S. Prairie Ave. and 1901 S. Calumet Ave. The properties are adjacent to Grant Park and the Museum Campus, not far from Lake Michigan. Lenders have now partnered with Related to finish the condos, which include One Museum Park West (1201 S. Prairie), a 54-story tower. Related plans on spending more than $2 million to renovate the properties, including about 300 “raw” units.

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