Big Hotel Planned Next to Sears Tower | wsj.com

A real estate investment group that owns the Sears Tower said it is pushing forward with plans to build a 500-room environmentally friendly hotel next door to North America's tallest building, but released few details on financing for a project that will cost as much as $225 million. The group, which includes investors Yisroel Gluck, John Huston, Joseph Chetrit and Joseph Moinian, said they would spend $350 million to make the 110-story tower...

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