City of Chicago v. Boulevard Bank National Ass'n

This case is brought on appeal from an August 5, 1996, order entered by the circuit court of Cook County denying defendants’ traverse and motion to dismiss the City of Chicago’s (City’s) complaint for condemnation, with respect to the quick take of the Oliver Typewriter Building (the Oliver Building) located at 159 North Dear-born Street.

On appeal, defendants contend that: (1) the trial court erred in holding that the City could acquire the Oliver Building with tax increment financing (TIE) for the stated purpose of assembling the property with the Oriental Theater where the City failed to…