Suffredin- An Advocate for All of Us  
 

Accountability
Forest Preserves
Public Safety
Cook County Budget
Forest Pres. Budget
Property Tax Appeal
Health & Hospitals
Land Bank Authority
Policy Resolutions
Unsung Heroine

 

   
 
   
   
 
   
     
  Office phone numbers:  
   
 
 

The Cook County Code of Ordinances are the current laws of Cook County.

   
 

Search current and proposed Cook County Legislation in Larry's exclusive legislative library.

   
  Cook County is the second most populous county in the nation. It is the 19th largest government in the U.S.
   
     
     
     



Cook County moving to put prime office space on the market

Thursday, October 04, 2012
Crain's Chicago Business
by Greg Hinz

Cook County is preparing to lease out what may be the most desirable property it owns, hoping to pull in $1 million from rents on unneeded office space in the central Loop.


Likely to go on the market as soon as early 2013 are the top two floors of the county-owned George Dunne office building at 69 W. Washington St., right across the street from the plaza of the Daley center and a few steps from City Hall and the Thompson state building.


The views from what amounts to the building's penthouse are said to be spectacular, and the floor plate isn't too large: 20,000 square feet of usable space on both the 35th and 36th floors.


A final decision to rent the space has not yet been made. But sources close to Cook County Board President Toni Preckwinkle said she is "strongly considering" including the plan in the new budget she'll unveil late this month.

Aides say the pending move will be one of a series of innovative, strategic efforts to raise needed cash and cut expenses without raising taxes.


The space now is occupied by Ms. Preckwinkle's staff. But I'm told that as few as five people have space there now, and that two large conference rooms are rarely used.


The Dunne building has a notorious past.


Originally named the Brunswick Building when it opened in 1962, it was later occupied by the county and was the location of a deadly fire in 2003 that killed six people after they became trapped in stairwells.


Since then the building has been renamed, and the county is spending $4 million to upgrade the top two floors to today's standards. GrubHub, the fast-growing Internet food-delivery company, just took the top three floors at 111 W. Washington.

Ms. Preckwinkle reportedly is interested in a 10-year lease on the space, at $1 million a year or more.


That may be achievable. According to the latest quarterly report by Los Angeles-based CBRE, the average asking rent for Class A office buildings in downtown Chicago was $37.98 per square. To get $1 million, the county would have to net $25 per square foot.


The county also has commissioned a U.S. Equities study of its overall real estate needs. That report is due back next year.




Recent Headlines

Measles Exposure Reported in Chicago
Monday, May 20, 2019
WTTW News

News from the Cook County Health System
Friday, May 17, 2019
Special to suffredin.org

Cook County Health Recognizes Mental Health Awareness Month
Thursday, May 16, 2019
Daily Herald

Skokie plans for road improvements near Edens Expressway: 'It’s desperately needed'
Thursday, May 16, 2019
Skokie Review

5 Chicago hospitals earn D grades for patient safety in new report, Northwestern slips to a B
Wednesday, May 15, 2019
Chicago Tribune

Chicago Daily Law Bulletin: Backward Glances
Wednesday, May 15, 2019
Chicago Daily Law Bulletin

Cook County Eliminated Its Gang Database, But Advocates Say Harm Continues
Wednesday, May 15, 2019
WBEZ News

New Cook County Housing Authority Proposal Targets the 'Missing Middle'
Wednesday, May 15, 2019
Evanston RoundTable

Census Citizenship Question Could Hurt Citizens, Noncitizens Alike
Wednesday, May 15, 2019
WBEZ Chicago Public Radio

News from Friends of the Forest Preserves
Tuesday, May 14, 2019
Special to suffredin.org

Cook County commissioners get earful about soon-to-be-destroyed gang database
Tuesday, May 14, 2019
Chicago Sun-Times

Detainee dies days after suicide attempt at Cook County jail
Tuesday, May 14, 2019
Chicago Sun-Times

Curious City How Chicago Women Created The World’s First Juvenile Justice System
Monday, May 13, 2019
WBEZ Chicago Public Radio

Cook County report: Sharp drop in jail population, but crime did not jump
Friday, May 10, 2019
Injustice Watch

Will Cook County be home to the next big measles outbreak? Researchers think so.
Friday, May 10, 2019
Chicago Tribune

May is Prime Time for Birding in the Forest Preserves of Cook County
Thursday, May 09, 2019
Special to suffredin.org

More Babies Are Illegally Abandoned Than Turned Over Through Illinois’ Safe Haven Law In Cook County
Thursday, May 09, 2019
CBS Chicago

Empty businesses may lose county tax incentives
Wednesday, May 08, 2019
Homewood-Flossmoor Chronicle

As new DCFS report highlights failures, Cook County guardian says 'inept' child welfare agency is ‘not doing its job ... at every level’
Tuesday, May 07, 2019
Chicago Tribune

Cook County passes bill to stop discrimination against tenant applicants
Tuesday, May 07, 2019
Chicago Crusader

all news items

Paid for by Larry Suffredin and not at taxpayer expense. A Haymarket Production.
^ TOP