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Committee approves six‑month rent abatement and six‑month lease extension for Chicago Market at Gerber Building
Summary
The Chicago Transit Authority finance committee placed on the omnibus an ordinance authorizing a six‑month rent abatement and a corresponding six‑month extension of the lease with Chicago Cooperative (Chicago Market) for space in the Gerber Building at 4620 N. Broadway, adjacent to Wilson Station.
The Chicago Transit Authority’s finance committee on Aug. 13 reviewed and placed on the omnibus for board approval an ordinance authorizing a second amendment to a concession lease with Chicago Cooperative, doing business as Chicago Market, for the Gerber Building adjacent to Wilson Station.
Under the amendment described to the committee, Chicago Market would receive a six‑month…
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