The lawsuit formally lands the property on a long list of distressed office buildings,a collection created by a workspace-shedding trend among companies and higher borrowing costs handcuffing landlords with maturing debt.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Looks like another conversion to Section 8 housing will be there soon.
More of this to come in the future. Real estate companies are leaving the keys to the bank.