Crain’s: Block 37 on course to foreclosure sale

A Cook County judge issued a foreclosure order against Block 37 earlier today, paving the way for a foreclosure sale sometime in early 2011, Crain’s reports. The court found Joseph Freed & Associates, which took over the project in 2007, liable for more than $177 million due to Bank of America and other banks.

The video above is the first of a two-part segment Joe Zekas filmed soon after the shopping center’s opening, right around this time last year. See Part 2 and a video from the connecting Loop pedway at YouTube.

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