Gapers Block published from April 22, 2003 to Jan. 1, 2016. The site will remain up in archive form. Please visit Third Coast Review, a new site by several GB alumni.
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Wednesday, November 5
Hot on the recent news of Marshall Field's possible sale by Target, MetLife Inc., the former owners of the Sears Tower, disclosed yesterday that they are selling the building to a group of what the Sun-Times called "prominent but secretive Manhattan landlords." MetLife did not disclose the price of the deal, but did say that they would get a $90 million after-tax gain.