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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Saturday, March 25
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.