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Arts district properties fall into foreclosure

The controversial property owner from Harrison Street now faces foreclosure on its several high-profile buildings. This is how the Oa park Arts District has now a big question sign above its faith. Chicago Community Bank has filed to foreclose on six properties along Harrison, including buildings housing the Brown Elephant resale store, Brijo Restaurant and [...]

The world’s tallest building in foreclosure

chicagospire.jpg

The world’s tallest building, the Chicago Spire will become the property of the Irish government. The unfinished development is the property of the Irish developer Garrett Kelleher, who has out to build the Spire. The Anglo Irish Bank has filed a $77 million foreclosure suit against the developer. The work on the development stopped about [...]

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