Scott Stantis editorial cartoon for Wed, July 2, 2025, on Water Tower Place (Scott Stantis/For the Chicago Tribune). Lots of suburban malls have, or had, three floors.

Water Tower’s malaise began to spread, impacting most of the upper reaches of North Michigan Avenue, once Chicago’s most sought-after retail block.

Steve Grzanich has the business news of the day with the Wintrust Business Minute. A Chicago investor has bought the retail space at Tribune Tower. Crain’s reports North American Real Estate … ...

Trump Tower Chicago has agreed to a $4.8 million settlement after years of violating the Clean Water Act by improperly using water from the Chicago River and killing aquatic life.

Chicago-based North American Real Estate acquired the retail portion of the iconic Tribune Tower, betting on a Magnificent Mile comeback.

Chicago-based investor North American Real Estate has purchased the retail space at the base of the iconic Tribune Tower at 435 N. Michigan Ave.

Here’s a look back at what happened in the Chicago area on June 23, according to the Tribune’s archives.