This may be an out of context issue with the story about Berlin, but the clip contradicts itself. Either (a) cash bail forces poor people to plead guilty to get out of jail so….we are going to see more poor people go to trial or (b) it doesn’t force poor people to plead guilty so it is a very small percentage of people that do that.
If the truth is (a)….that is horrifying.
If the truth is (b)….then the end of cash bail is no big deal.
The opponents of the law should pick a lane.
Target asked about taking over Macy s space at Water Tower Place: alderman
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Water Tower Place maps post-COVID future with smaller American Girl space
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Here’s what tenants are paying at CIM’s 444 North Michigan
521K sf Mag Mile tower is leased to 68 tenants Chicago Insights /
CIM Group’s Shaul Kuba and 444 N. Michigan Avenue (Getty, Google Maps)
In 2018, CIM Group and Golub & Company expanded their Mag Mile footprint by paying $138 million for a 36-story Class B office tower.
For the 444 North Michigan Avenue property, the partners proceeded with an $18 million capital improvement program. That expanded its amenity offering, modernizing the elevators, renovating the fitness center and executing a spec suite program to raise the building’s profile.
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The Magnificent Mile has long been one of Chicago s biggest tourists draws, and a hot spot for retail flagships that build brands and win over customers.
For the last few years, however, storefronts on the renowned shopping district have been emptying out, and the pandemic has been an accelerant.
Late last year, 10.5 percent of the more than 3.3 million square feet of retail space on the Mag Mile was vacant, up from 7.4 percent in 2019 and 6.5 percent in 2018, according to brokerage CBRE. Upcoming exits from Macy s and Gap will push that rate even higher, to at least 16.5
percent.
That doesn t mean it is time to write the Mag Mile s obituary, experts say. But it is time to reinvent the strip. To get its mojo back post-pandemic, Michigan Avenue needs to become an experience that extends beyond shopping, eating and sightseeing.