Digging the dirt on commercial real estate transactions and law in Chicago and beyond
The Powerhouse Building
Why Dirt Lawyer?
Attorneys specializing in real estate transactions are referred to commonly as "dirt lawyers." It is not a bad thing. The term "real estate lawyer" just sounds so boring. And really, we're not boring people! I swear! (Okay, not all of us are, at least.) Thus, I created the Dirt Lawyer's Blog, and whether you agree or disagree about the boring part, I welcome you. Enjoy!
Happy to see that Related Cos. has bought the shell of a building called Waterview Tower and hopefully has the money to complete it, albeit as a shorter building and all residential. It is also hopefully a sign of some movement on the development side. I never would have thought it would or could stay partially done for so long, which is why I should stay out of the crystal ball business, I suppose. Here's a story on the acquisition.
I'm not giving out legal advice here about any specific matter. And I'm not creating an attorney-client relationship with you. I am alawyer, but I am not your lawyer, at least not without a written agreement that says so. If you want specific legal advice about a matter, call or write. Paying me helps too. And tax advice? Yeah, right. Do I look or write or act like a tax lawyer? No such thing here, IRS Circular 230 and all that.