Marc Realty

223 WEST JACKSON BLVD

River City condo owners sue to block $90M sale to Marc Realty, say board conspired to 'bribe' holdouts, skew vote

By Jonathan Bilyk | 6 years ago

In the wake of a vote to approve a sale that would reportedly pave the way for the largest condos-to-apartments conversion in Chicago to date, a group of condominium owners in the River City complex have filed suit to block the more than $90 million sale, accusing the condo association board of working with the would-be buyers to essentially target and bribe certain unit owners to persuade them with secret “side deals” to vote to approve the sale.