Looks like 3LRE is looking to convert the old Johnson Publishing Building into residential, going before Landmarks Permit Review Committee on Sept. 7. They want to cut a light well into the north wall, where the East-West University (Olivetti) Building presumably ensures nothing will block it in. Given how fast and loose the Emanuel Administration has been with the Michigan Streetwall, I'm not sure that can be counted on.
I'm not sure how I feel about this. I wish East-West or Columbia could reuse the building without such drastic alterations, but that's probably not in either institution's financial picture at the moment.