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The ownership of the storied building and brokerage firm JLL have announced the City Council has approved the redesign of its grown-floor space, which is part of the building's overall repositioning.
Together, Quinn and Niddes are responsible for elevating the group's promotional programs, strengthening partner relationships and increasing sales with the overarching goal of driving more visitors to Lehigh Valley.
The acquisition was partially financed with tax credits from CREA, an Indianapolis-based full-service tax syndicator that specializes in affordable housing, and loan assumptions from the city of Chicago and the Illinois Housing Development Authority.
The developer also acquired the six-story office condominium in the building from VMLY&R reportedly for $266 million, finally gaining full control of the property.