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Old Posted Feb 7, 2014, 5:14 PM
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intrepidDesign intrepidDesign is offline
Windy City Dan
 
Join Date: Apr 2008
Location: Chicago
Posts: 494
Quote:
Originally Posted by Jibba View Post
The area that is four-blocks proximal to the Spire doesn't matter much as far as the desirability of the building goes. It is an aspirational property that is very much in the center of Chicago geographically, symbolically and emotionally; just because it's not "steps" from Oak or Michigan hardly matters (and no one in this building won't have a private driver to get them anywhere they need to go, anyway).
Speaking of occupants, I wonder where Ty Warner's deal for the penthouse stands. I would assume that money hasn't been sitting in escrow all these years. I wonder, if a restart seems eminent (fingers crossed) if he would get back on board, and under what terms. I always saw him as the "anchor tenant".
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