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Results tagged “landmark”
Merchandise Mart Up for Sale?

Merchandise Mart Up for Sale?

If you've got an extra $1 billion lying around, then you might be in luck. Chicago's Merchandise Mart, a noted landmark, is rumored to be up for sale. According to Crain's, Merch Mart's future sale has been an idea that has been floating around for some time:

Parent company Vornado Realty Trust has been dropping hints along Wall Street and with potential buyers that it wants to sell the subsidiary, including the fortress-like structure along the Chicago River. The New York real estate investment trust purchased it from the Kennedy family in 1998 for $630 million. Vornado's efforts already have yielded a $1.25-billion offer, but that deal died last month, people familiar with the negotiations say.
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More Details on Izard's New Eatery

Following up on the upcoming Stephanie Izard restaurant she mentioned in her "Re-Grills" is a name for the venue and partners. Time Out Chicago has the scoop (fitting, since they're also trying to hook her up, as well) that the Drunken Monkey Goat is pairing Izard with Kevin Boehm and Rob Katz of BOKA, Perennial and Landmark fame. It's still casual and affordable, in Wicker Park, and conservatively slated to open in summer 2K9. [TOC] more ›

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