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  • chicago,  realtor,  Uncategorized

    Emanuel gets the go-ahead to seize Old Main Post Office

    March 10, 2016 /

    Things are getting interesting over at the Old Post Office again.  As I wrote back on February 29, the City is moving to take control of the property to sell it to someone who will develop it.  Mayor Emanuel’s plan received approval from the Community Development Commission.  The City will now seek bids from developers, which are due by June 8, 2016. Meanwhile, the current owner, Bill Davies, claims that he is on the verge of sealing a deal with “a New York investor with ‘impeccable status and stature‘” to redevelop the property, and that the Mayor’s actions will jeopardize that plan.  Evidently, Emanuel is not interested in promises made…

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