Quadrel Realty Group could pay the city $291,000 in fines for failing to provide affordable apartments at Hampton Parkway, a 91-unit building in northeast Evanston, after an administrative hearing officer imposed new fines June 18 on top of a smaller total issued last fall.
City officials are citing Quadrel and its parent company, private equity firm North Park Ventures, under the Inclusionary Housing Ordinance. The law requires larger multi-unit buildings to set aside a minimum number of units to sell or rent at affordable prices to lower-income applicants, who are screened and put on a waitlist by nonprofit partner Community Partners for Affordable Housing (CPAH).
Quadrel bought Hampton Parkway in 2020 and deconverted it from condominiums to rental units, triggering the 2018 version of the ordinance in effect at the time…