Westmont

Westmont, IL · Business
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Citadel Securities CEO Peng Zhao Lists Chicago Condo for $6.6 Million
Peng Zhao, the chief executive of Citadel Securities, has listed his Chicago condo for $6.6 million. The condo overlooks Millennium Park. Crain's Chicago Business reported Zhao's listing. Zhao became chief executive of Citadel Securities in 2017 — a role that followed a long run inside the company. According to Citadel Securities, Zhao joined the firm straight out of graduate school in 2006 as a senior quantitative researcher before rising to the top job. The firm's leadership page also notes that Zhao earned his PhD in statistics from the University of California, Berkeley.
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Beyond the Flames: Koppers Fire Investigation Continues as Attorney General Pursues Separate Pollution Case
More than three months after a tank fire sent flames and black smoke above Koppers’ Stickney chemical plant, its cause remains under investigation. The Illinois Environmental Protection Agency (Illinois EPA) said the fire was confined to Tank 31, which held about 16,600 gallons of petroleum distillate. The tank remains out of service.
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Albany Park's Lawrence Gateway Tops Out, Bringing 40 Homes Across From Ronan Park
Approx. W. Lawrence Ave. — Lawrence Gateway Topping-Out Site. Developer MAS Ventures LLC and Malek Abdulsamad marked a major construction milestone this week, celebrating the topping out of Lawrence Gateway, a five-story mixed-use building rising across from Ronan Park in Albany Park. Chicago's Department of Planning and Development Commissioner Ciere Boatright joined the celebration, underscoring the city's stake in a project that pairs market-rate apartments with affordable housing and ground-floor retail.