Will Sam Zell Sell The Seats Right Out From Under Reporters?
Looks as though LAT and Chicago Tribune staffers might be forced out of their homes — or at least forced to share their space. Sam Zell’s staff memo:
Partners,
When we started this adventure together, I made a point of saying we would challenge traditional thinking, that there would be no sacred cows, and that we would do everything possible to maximize the value of our assets.
With those objectives in mind, we are in the process of asking a number of real estate firms to give us their best thinking on how we can generate more value from Tribune Tower in Chicago, and the Times Mirror Square complex in Los Angeles.
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