It is unfortunate these are the costs of Freedom of Speech. I don't want to hear how newspapers are corrupt and deal in the politics that wins the day. There was always accommodation of bringing forth the opposite or different view of its reporting. It was called "Equal Time" and print newspapers conducted it as well in inches of columns. There was the Letters to the Editor and reading the paper everyday was information most citizens did not have to make informed decisions.
I am really sorry to see this. It was a place where recycled actually meant something. "Local economy" actually had meaning to readers.
By Robert Channik
Tribune Tower, (click here) Chicago's monument to newspaper journalism, is sold.
Los Angeles-based developer CIM Group announced Wednesday it completed the $240 million purchase from Tribune Media, with plans to transform the historic North Michigan Avenue property into a mixed-use redevelopment.
Elements of the development could include retail, residential, office space and a hotel, with the landmarked 36-story tower at the center of any plans, according to CIM.
"We are very excited to be involved with such an iconic building — one that is a significant part of the fabric of Chicago — and we take this responsibility seriously," said Avi Shemesh, co-founder and principal of CIM. "Our goal is to work with the city to preserve the historic aesthetic of the tower and do our best to maintain it within the context of the surrounding buildings."...
