
Glenview OKs 60-home development aimed at empty nesters
A proposed development of single-family homes on the site of the former Scott Foresman textbook publishing headquarters in Glenview has received approval from village elected officials.
The Glenview Board of Trustees on Feb. 18 voted 5-1 in favor of the plan, which calls for the construction of 60 homes in four different model styles on the 19-acre property at 1900 East Lake Avenue. The board agreed to waive a required second vote on the proposal, which would have taken place March 4.
Built in 1966, the Scott Foresman property has been vacant since June 2020. Landmarks Illinois in 2021 identified the mid-century modern campus, designed by Perkins and Will architects, as one of the state's most endangered historic places. In January, Kendra Parzen, advocacy manager for Landmarks Illinois, had asked if a portion of the existing complex that once housed the campus' library, cafe and community space could be retained, but Jeff Brady, director of community development for the village of Glenview, said the approved housing plan does not call for retention of any buildings.
Under the plan, at least nine of the constructed homes will be single-story ranches, while the remainder will be two-story—a majority of which will have a primary bedroom on the first floor.
This, representatives of the developer say, will make the three-bedroom homes palatable to Baby Boomers and so-called 'empty-nesters,' which are the target market for the new development.
Real estate broker Grace Kaage, speaking on behalf of the developer, 1900 Glenview Partners, LLC, told the board that families of school-age children would be less likely to purchase the homes with the primary bedroom on the first floor because, in general, they prefer for all bedrooms to be on the same level.
Home prices will range from $900,000 to $1.3 million, Brady said.
'There is an opportunity here to build inventory that caters to empty nesters—specifically because there is such a shortage of housing in that market,' Kaage said.
Trustee Mary Cooper, who cast the only 'no' vote on the plan, suggested that the best way to address such shortages would be to build more single-story ranch homes instead. She also objected to the higher density allowed under village's R6 zoning designation that the developer was seeking for the property.
'I am really leaning toward wanting this to be R4 (lower density) with more ranches and focused more on the empty-nester product than we're seeing,' Cooper said.
The projected number of new students that could enroll in Glenview schools as a result of the development differed among estimates by the developer, the village and Glenview School District 34.
While the developer has projected 21 new elementary school students, the village, using a formula based on numbers of bedrooms per residence, calculated the number at 25. District 34 projects 32 additional students will result.
Under the village's model, the development would generate eight students attending Glenbrook High School District 225.
A Jan. 17 email to the village from R.J. Gravel, superintendent of Glenbrook High School District 225, stated that the district does not have concerns regarding the property's redevelopment. While not opposing the new housing, the board of education and administration of Glenview School District 34 did question the accuracy of the developer's projected student count and the development's financial impacts, according to an email from Eric Miller, assistant superintendent of business services.
Trustee Adam Sidoti noted that other recent residential developments have not had a significant impact on school enrollment. Examples shared with the board included Haverford, which contains 51 residences with nine school-age children.
'While I do know we have a current operational funding issue with District 34 and we do have a space issue, I also understand that is not the sole problem of this developer or the sole problem of our board,' said Trustee Katie Jones, urging taxpayers to support the school district's needs.
Voters rejected a tax-rate increase for District 34 in the November 2024 election.
The village will require the developer to pay impact fees to the local school and park districts due to the additional population that is added. The Village Board is expected to discuss potential changes to these fees, but as they are calculated today, the developer's cost would be approximately $393,000 to the two school districts serving the area, and approximately $395,000 to the Glenview Park District, Brady said.
Impact on schools as well as traffic and concerns about stormwater detention were issues raised by several neighbors in the adjacent Tall Trees neighborhood.
Glenview Village President Michael Jenny said he would like to see the village continue to invest in stormwater mitigation for this area.
In 2023, a proposal for the construction of 140 apartments on the site was withdrawn after the developers were unable to convince Glenview's development commission to recommend the plan to the Village Board.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 hours ago
- Yahoo
Baby Boomers' Luck Is Running Out
The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. At the core of every joke about Baby Boomers lies a seed of jealousy. Unlike younger generations, they have largely been able to walk a straightforward path toward prosperity, security, and power. They were born in an era of unprecedented economic growth and stability. College was affordable, and they graduated in a thriving job market. They were the first generation to reap the full benefits of a golden age of medical innovations: birth control, robotic surgery, the mapping of the human genome, effective cancer treatments, Ozempic. But recent policy changes are poised to make life significantly harder for Baby Boomers. 'If you're in your 60s or 70s, what the Trump administration has done means more insecurity for your assets in your 401(k), more insecurity about sources of long-term care, and, for the first time, insecurity about your Social Security benefits,' Teresa Ghilarducci, a labor economist at the New School, told me. 'It's a triple threat.' After more than half a century of aging into political and economic trends that worked to their benefit, the generation has become particularly vulnerable at exactly the wrong moment in history. Perhaps the biggest threat to Boomers in the second Trump administration is an overhaul of Social Security, which provides benefits to nearly nine out of 10 Americans ages 65 and older. In an emailed statement, Social Security Commissioner Frank Bisignano wrote, 'I am fully committed to upholding President Trump's promise to protect and strengthen Social Security. Beneficiaries can be confident that their benefits are secure.' But in February, DOGE announced plans to cut Social Security staff by about 12 percent and close six of its 10 regional offices; a quarter of the agency's IT staff has quit or been fired. Social Security's long-term outlook was already troubled before Trump, and these drastic reductions make the understaffed agency even less equipped to support those who rely on it. Shutting down field offices means seniors can't get help in person; less staffing means longer wait times when they call and more frequent website crashes. 'When you add hurdles, or cause a slowdown in terms of processing claims, you see losses in terms of benefits,' Monique Morrissey, a senior economist at the Economic Policy Institute, told me. In fact, shutdowns of field offices during the first two years of the coronavirus pandemic corresponded with decreased enrollment in both Social Security and Social Security Disability Insurance, which is available to Americans under 65 who can no longer work for physical or mental reasons. Social Security cuts will most hurt low-income Boomers, who are the likeliest to rely on benefits to cover their whole cost of living. But even those with more financial assets may depend on Social Security as a safety net. 'It's important to understand that many seniors, even upper-income seniors, are just one shock away from falling into poverty,' says Nancy J. Altman, the president of Social Security Works, an organization that advocates for expanding the program. As a whole, seniors have more medical needs and less income than the general population, so they're much more financially vulnerable. If you're comfortably middle-class in your early 60s, at the height of your earning potential, that's no guarantee that you'll remain comfortably middle-class into your 70s. In the next few years, Boomers who face more medical bills as they stop working might find, for the first time in their life, that they can't easily afford them. Middle-income seniors are also likely to feel the impact of a volatile market. 'They tend to have modest investments and fixed incomes rather than equities, so the type of wealth that will erode over a high-inflation period,' Laura D. Quinby, who studies benefits and labor markets at the Center for Retirement Research at Boston College, told me. After Trump announced 10 percent tariffs on all imported goods in April, the three major stock indexes dropped 4 percent or more. They've since recovered, but the erratic market—whipped around by Trump's shifting proclamations about tariffs—scares many middle-class Boomers, who are watching their retirement savings shrink. In the near future, older Americans might find themselves paying more for medical care too. Trump's 'big, beautiful bill,' which has passed in the House but awaits a vote in the Senate, would substantially limit Medicare access for many documented immigrants, including seniors who have paid taxes in the United States for years. The bill would also reduce Medicaid enrollment by about 10.3 million people. Although Medicaid is for people with limited incomes of all ages, it supports many older Americans and pays for more than half of long-term care in the U.S. Most seniors require some sort of nursing home or at-home medical care; one study found that 70 percent of adults who live to 65 will require long-term services and support. [Read: The GOP's new Medicaid denialism ] That support may soon be not only more expensive, but harder to come by. The long-term-care workforce is disproportionately made up of immigrants, so the Trump administration's immigration crackdown is likely to reduce the number of people available to take care of seniors—and increase how much it costs to hire them. 'If you have no money, you'll be on Medicaid in a nursing home, and that's that. But if you're trying to avoid that fate, you're now going to run through your money more quickly and be more vulnerable,' Morrissey said. Seniors with some financial security are more likely to live long enough to contend with the diseases of old age, such as Alzheimer's and dementia. The Trump administration has cut funding for promising research on these diseases. 'Going forward, you'll find less treatments reaching fruition,' Thomas Grabowski, who directs the Memory and Brain Wellness Center at the University of Washington, told me. For now, the UW Memory and Brain Wellness Center, where Grabowski works on therapies for Alzheimer's, has stopped bringing in new participants; as time goes on, he said, they'll have to tighten more. (Kush Desai, a White House spokesperson, told me in an email that the cuts to research funded by the National Institutes of Health are 'better positioning' the agency 'to deliver on medical breakthroughs that actually improve Americans' health and wellbeing.') Changes at the UW Memory and Brain Wellness Center could have dramatic effects on current patients, including Bob Pringle, a 76-year-old who lives in Woodinville, Washington. In April, he started getting infusions of donanemab, an anti-amyloid medication approved by the FDA last year. The drug doesn't cure Alzheimer's; it's designed to slow the disease's progression, though the utility of donanemab and other Alzheimer's drugs remains controversial among experts. Pringle, for one, has found donanemab helpful. 'With the medication, my decline is a gentle slope, rather than a rapid decline,' says Pringle, whose mother died of Alzheimer's and whose sister lives in a memory-care facility. 'You're always hopeful that somebody with a bigger brain than you have is working on a cure, and the medication gives us some time until then,' Bob's wife and caretaker, Tina Pringle, told me. 'But right now, because of the funding cuts, our outlook is grim.' [Read: The NIH's most reckless cuts yet] The unknowability of the future has always been a scary part of getting older. The enormous upheaval that the Trump administration has created will only magnify that uncertainty for Boomers. After a historical arc of good fortune, their golden generation has to contend with bad timing. Younger generations, including my own, shouldn't gloat, though: Cuts to Social Security and a halt to medical research could well worsen the experience of aging for generations to come. Younger Americans will likely grow old under challenging conditions too. Unlike the Boomers, we'll have plenty of time to get used to the idea. Article originally published at The Atlantic


Atlantic
12 hours ago
- Atlantic
Aging in America Is About to Get Worse
At the core of every joke about Baby Boomers lies a seed of jealousy. Unlike younger generations, they have largely been able to walk a straightforward path toward prosperity, security, and power. They were born in an era of unprecedented economic growth and stability. College was affordable, and they graduated in a thriving job market. They were the first generation to reap the full benefits of a golden age of medical innovations: birth control, robotic surgery, the mapping of the human genome, effective cancer treatments, Ozempic. But recent policy changes are poised to make life significantly harder for Baby Boomers. 'If you're in your 60s or 70s, what the Trump administration has done means more insecurity for your assets in your 401(k), more insecurity about sources of long-term care, and, for the first time, insecurity about your Social Security benefits,' Teresa Ghilarducci, a labor economist at the New School, told me. 'It's a triple threat.' After more than half a century of aging into political and economic trends that worked to their benefit, the generation has become particularly vulnerable at exactly the wrong moment in history. Perhaps the biggest threat to Boomers in the second Trump administration is an overhaul of Social Security, which provides benefits to nearly nine out of 10 Americans ages 65 and older. In an emailed statement, Social Security Commissioner Frank Bisignano wrote, 'I am fully committed to upholding President Trump's promise to protect and strengthen Social Security. Beneficiaries can be confident that their benefits are secure.' But in February, DOGE announced plans to cut Social Security staff by about 12 percent and close six of its 10 regional offices; a quarter of the agency's IT staff has quit or been fired. Social Security's long-term outlook was already troubled before Trump, and these drastic reductions make the understaffed agency even less equipped to support those who rely on it. Shutting down field offices means seniors can't get help in person; less staffing means longer wait times when they call and more frequent website crashes. 'When you add hurdles, or cause a slowdown in terms of processing claims, you see losses in terms of benefits,' Monique Morrissey, a senior economist at the Economic Policy Institute, told me. In fact, shutdowns of field offices during the first two years of the coronavirus pandemic corresponded with decreased enrollment in both Social Security and Social Security Disability Insurance, which is available to Americans under 65 who can no longer work for physical or mental reasons. Social Security cuts will most hurt low-income Boomers, who are the likeliest to rely on benefits to cover their whole cost of living. But even those with more financial assets may depend on Social Security as a safety net. 'It's important to understand that many seniors, even upper-income seniors, are just one shock away from falling into poverty,' says Nancy J. Altman, the president of Social Security Works, an organization that advocates for expanding the program. As a whole, seniors have more medical needs and less income than the general population, so they're much more financially vulnerable. If you're comfortably middle-class in your early 60s, at the height of your earning potential, that's no guarantee that you'll remain comfortably middle-class into your 70s. In the next few years, Boomers who face more medical bills as they stop working might find, for the first time in their life, that they can't easily afford them. Middle-income seniors are also likely to feel the impact of a volatile market. 'They tend to have modest investments and fixed incomes rather than equities, so the type of wealth that will erode over a high-inflation period,' Laura D. Quinby, who studies benefits and labor markets at the Center for Retirement Research at Boston College, told me. After Trump announced 10 percent tariffs on all imported goods in April, the three major stock indexes dropped 4 percent or more. They've since recovered, but the erratic market—whipped around by Trump's shifting proclamations about tariffs—scares many middle-class Boomers, who are watching their retirement savings shrink. In the near future, older Americans might find themselves paying more for medical care too. Trump's 'big, beautiful bill,' which has passed in the House but awaits a vote in the Senate, would substantially limit Medicare access for many documented immigrants, including seniors who have paid taxes in the United States for years. The bill would also reduce Medicaid enrollment by about 10.3 million people. Although Medicaid is for people with limited incomes of all ages, it supports many older Americans and pays for more than half of long-term care in the U.S. Most seniors require some sort of nursing home or at-home medical care; one study found that 70 percent of adults who live to 65 will require long-term services and support. That support may soon be not only more expensive, but harder to come by. The long-term-care workforce is disproportionately made up of immigrants, so the Trump administration's immigration crackdown is likely to reduce the number of people available to take care of seniors—and increase how much it costs to hire them. 'If you have no money, you'll be on Medicaid in a nursing home, and that's that. But if you're trying to avoid that fate, you're now going to run through your money more quickly and be more vulnerable,' Morrissey said. Seniors with some financial security are more likely to live long enough to contend with the diseases of old age, such as Alzheimer's and dementia. The Trump administration has cut funding for promising research on these diseases. 'Going forward, you'll find less treatments reaching fruition,' Thomas Grabowski, who directs the Memory and Brain Wellness Center at the University of Washington, told me. For now, the UW Memory and Brain Wellness Center, where Grabowski works on therapies for Alzheimer's, has stopped bringing in new participants; as time goes on, he said, they'll have to tighten more. (Kush Desai, a White House spokesperson, told me in an email that the cuts to research funded by the National Institutes of Health are 'better positioning' the agency 'to deliver on medical breakthroughs that actually improve Americans' health and wellbeing.') Changes at the UW Memory and Brain Wellness Center could have dramatic effects on current patients, including Bob Pringle, a 76-year-old who lives in Woodinville, Washington. In April, he started getting infusions of donanemab, an anti-amyloid medication approved by the FDA last year. The drug doesn't cure Alzheimer's; it's designed to slow the disease's progression, though the utility of donanemab and other Alzheimer's drugs remains controversial among experts. Pringle, for one, has found donanemab helpful. 'With the medication, my decline is a gentle slope, rather than a rapid decline,' says Pringle, whose mother died of Alzheimer's and whose sister lives in a memory-care facility. 'You're always hopeful that somebody with a bigger brain than you have is working on a cure, and the medication gives us some time until then,' Bob's wife and caretaker, Tina Pringle, told me. 'But right now, because of the funding cuts, our outlook is grim.' The unknowability of the future has always been a scary part of getting older. The enormous upheaval that the Trump administration has created will only magnify that uncertainty for Boomers. After a historical arc of good fortune, their golden generation has to contend with bad timing. Younger generations, including my own, shouldn't gloat, though: Cuts to Social Security and a halt to medical research could well worsen the experience of aging for generations to come. Younger Americans will likely grow old under challenging conditions too. Unlike the Boomers, we'll have plenty of time to get used to the idea.
Yahoo
a day ago
- Yahoo
Buying a House Is the Second Most Important Financial Goal for Gen Z—the No. 1 Goal Is Why It's Out Of Reach
Gen Z is falling behind on the path to homeownership. In 2025, they made up just 3% of all homebuyers, according to the National Association of Realtors®, the smallest share of any generation and a sharp contrast to baby boomers, who accounted for 42% of buyers. While high interest rates and higher home prices have made it harder for young adults to break into the market, new research suggests another force might be working against Gen Z: how they manage their money. According to PYMNTS Intelligence, a payments data provider, despite valuing homeownership, Gen Z's top financial goal isn't buying a home. It's paying off debt. The average Gen Z adult carries an average of $94,101 in personal debt, with credit card debt being the most common. With so much of their income tied up in monthly payments, even high earners in this generation are struggling to save for a down payment or qualify for a mortgage. Debt, not disinterest, might be the real reason Gen Z is falling behind—at least for now. 'Though Gen Z Americans may dream of homeownership, still-high housing costs mean that stepping onto the property ladder may not be possible at this point in time,' says Hannah Jones, senior economic research analyst at 'By prioritizing paying off debt, Gen Z prospective buyers are setting themselves up for success when homeownership does become more feasible.' PYMNTS Intelligence identifies two key money management mindsets: Planners, who proactively save and pay off credit cards Reactors, who handle bills as they come and often rely on credit or loans Gen Z overwhelmingly falls into the latter group. A striking 73% of Gen Zers are classified as reactors, making them more likely to live paycheck to paycheck, carry high-interest debt, and struggle to build savings. That reactive approach can seriously undermine major financial goals, like buying a home, because it prioritizes short-term survival over long-term stability. Even more surprising, the reactor mindset is gaining ground among high earners across generations. Since February 2024, the share of six-figure earners who identify as planners has dropped by 25%. Now, 52% of top earners are reactors, a shift that underscores how widespread short-term financial thinking has become, even among those typically viewed as having the means to plan ahead. Unlike baby boomers, 54% of whom are planners focused on long-term stability, Gen Z is chasing growth. According to the PYMNTS report: Just 7.7% of Gen Z cite retirement saving as a top financial priority, compared with 22.1% of baby boomers. Nearly 7% of Gen Z say their No. 1 goal is starting a business, making them eight times more likely than boomers to focus on entrepreneurship. 'Gen Z Americans have time on their side and may be more willing to take big swings financially, while older generations are more risk-averse,' says Jones. While starting a business can lead to long-term wealth, it typically comes with short-term financial instability, exactly what makes it harder to qualify for a mortgage or build up a down payment. Irregular income, high credit utilization, and limited savings make it much harder to qualify for a mortgage under traditional lending models. Even high-earning Gen Z entrepreneurs might struggle to demonstrate the consistent income or financial reserves lenders expect. This risk-oriented mindset might be a reaction to the current conditions of the housing market. Buyers now need to earn 70% more than they did just six years ago to buy a home, to say nothing of the difference between buying a house now than in the 1960s and '70s, when many baby boomers bought their first homes. These conditions have made many in Gen Z feel that shooting for the moon in business is a more realistic goal than saving for that white picket fence. Homeownership hasn't fallen off Gen Z's radar, but it's taking a back seat to paying off existing debt. Buying a house ranks as this generation's second most important financial goal, with 14.1% of Gen Zers ranking it as a priority. But deprioritizing homeownership, even temporarily, can come at a long-term cost. In a market where prices keep climbing, every year spent focusing elsewhere can make the eventual buy-in more expensive. And because lenders heavily weigh savings, credit usage, and income consistency, Gen Z's current financial behaviors—like revolving debt and low reserves—can delay homeownership even further, regardless of intent or income. In other words, Gen Z still wants to own, but the reactive financial path they're following makes it harder to get there. Without a shift in priorities, many might find themselves stuck in a cycle where the dream of owning a home never quite catches up to their ambition. To bridge the gap between ambition and ownership, Gen Z might need to rethink how they prioritize and manage their money. The good news is that paying off debt, Gen Z's top financial priority, will eventually help them buy a house by lowering their debt-to-income ratio. The area where they can make the biggest changes, though, is in moving from a reactive mindset to a planning mindset. Here's how they can get started: Automate savings to gradually build up a down payment. Track spending patterns to identify areas to cut back. Use credit strategically, aiming to pay in full each month. Pursue both goals in parallel—treat debt repayment as a priority, but not at the cost of building a safety net to support future homeownership. Gen Z hasn't turned away from homeownership, but when the top priority involves risk or volatility, it can make the second one harder to reach. With the right habits and tools, Gen Z can build both the freedom to pursue big dreams and the foundation to one day own a piece of them. What Happens If I Stop Paying My Mortgage? Giving or Receiving a Down Payment Gift? Here Are the Tax Consequences How To Get a Mortgage With Bad Credit (Yes, You Can)