Thursday, September 13, 2007

More on 700 N. Michigan -- Landlord looks to evict Talbott's

Well, well, well...this story just gets more and more interesting! In order to "de-mall" 700 N. Michigan and bring in Zara, the landlord wants to evict the current tenant, Talbott's. The legal theory? landlord can throw the tenant out if it demolishes or "substantially renovate" the building. This seems like a substantial renovation to me, but if I were the tenant I think I'd have some pretty clever and arguable defenses. Let's see if the tenant comes up with anything good before (presumably) this case settles.

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