Newsclip®: [Business] City: Group buys long-vacant old Chicago post office -

"CHICAGO (AP) — The city of Chicago says the massive Old Main Post Office has been bought by an investment group that plans a $500 million redevelopment of the vacant and deteriorating structure. The Chicago Sun-Times ( ) reports that soon after Emanuel won approval to use eminent domain, the real estate mogul who bought the structure in 2009 announced a deal was being planned with 601W.",

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