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Chicago's Block 37 Hits Snag Just Weeks Prior to Opening

Publication Date: 28-OCT-09
Author: Pamela Dittmer McKuen
Format: HTML

    
Description:
It is a race to the finish for “Block 37,” the beleaguered construction site in the Chicago Loop. Just as the first retail tenants ready for their opening day this fall, a consortium of lenders headed by Bank of America Corp. initiated foreclosure proceedings against developer Joseph Freed and Associates LLC.
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