Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (7072)	3/24/2000 3:23:00 PM
From: Sir Auric Goldfinger	Respond to of 10354

Former Playboy Building Nears Offering 3/24/0 15:17 (New York) The 37-story tower at 919 North Michigan Avenue in Chicago, once known as the Playboy Building, will soon be up for sale. Brokers are competing for the opportunity to market the 353,000-square-foot landmark building. L&B Real Estate Counsel of Dallas recently bought out a partner, Jupiter Real Estate Services of Chicago, to obtain full ownership. Brokers disagree about the building's value, with estimates ranging from $25 million to $50 million ($70/sf to $140/sf). But all agree that the building needs extensive capital improvements. The building is expected to be sold through a sealed-bid auction. Built in 1929 for Colgate-Palmolive, the property was owned and occupied by Playboy Enterprises from the mid-1950s until about a decade ago. For more information on this or any other article in Real Estate Alert, call managing editor David R. Mark at 201-659-1700. Real Estate Alert is published weekly by Harrison Scott Publications Inc., 5 Marine View Plaza, Suite 301, Hoboken, NJ 07030. Fax: 201-659-4141.