Magazine

The New York Times is reporting that the condo board of 432 Park Avenue, the supertall tower in Midtown Manhattan designed by Rafael Viñoly, is suing CIM Group and Macklowe Properties for $125 million in damages over "some 1,500 construction and design defects." John Hill

Developers Golub & Co. and CIM Group have unveiled plans for the transformation of Chicago's historic Tribune Tower into condominiums, plus a new condo and hotel tower on an adjacent lot that would be the city's second-tallest skyscraper. John Hill