Retired Federal Reserve Bank of Chicago President and CEO Michael Moskow and his wife, Suzanne, in October sold their four-bedroom, 3,940-square-foot condominium near the top of a Streeterville building for their $2.75 million asking price.
Moskow, 88, retired as head of the Chicago Fed in 2007 after almost 13 years in the job. He later was vice chairman and distinguished fellow on the global economy at the Chicago Council on Global Affairs.
In Streeterville, the couple paid $2.92 million in 2008 for the unit, which is on the 15th floor of the 16-story, 41-unit Belvedere building. The couple first listed it in May 2025 for $2.95 million and then cut their asking price to $2.75 million in June. They found a buyer in mid-July.
The unit has 3-1/2 bathrooms, a foyer leading to a wide gallery, two private terraces, a kitchen with high-end appliances and a breakfast room, a primary bedroom suite with a fireplace and custom built-ins, and a library. The condo also has hardwood floors, custom millwork and crown moldings, and it comes with three parking spaces.
Listing agent Caroline Druker declined to comment on the sale or why the Moskows sold the unit. Records show that the Moskows continue to own a 4,573-square-foot house in Palm Beach Gardens, Florida that they bought in 2000 for $650,000.
The condo had a $43,478 property tax bill in the 2024 tax year — way down from its $62,459 property tax bill in the prior year. It also comes with an additional $4,599 a month in homeowners association dues.
The Moskows aren’t the only bold-faced names attempting to sell in the Belvedere. Former Chicago Blackhawks right winger Marian Hossa has his 14th-floor condo — which is directly below the Moskows’ now-former unit — on the market and under contract at a $2.199 million asking price. That’s below the $2.35 million that he paid for it in 2010, and it’s less than half the almost $4.5 million that he first listed it for in 2018.
Hossa’s condo has been on and off the market ever since. Like the Moskows’ condo, Hossa’s condo saw a substantial recent property tax drop — from $62,320 in the 2023 tax year to $43,381 the following year — that came as part of a building-wide reduction in property assessments by the Cook County Assessor’s office.
Goldsborough is a freelance reporter.