The City That (Doesn't) Work
How long has Daley been in office now? And how long has Block 37 been an albatross around this city's neck?
- Bank of America Corp. and a consortium of lenders have filed a foreclosure suit against the developer of the Loop's Block 37 project.
The suit was filed late Monday in Cook County Circuit Court. The action could herald new financial trouble for property that has been dogged by false starts and missteps for two decades.
A microcosm of Daley-land.
Labels: city politics