Tribune in Hot Water Over Newspaper’s Unpaid Rent

Chicago Tribune: As the Chicago Tribune prepares to move from Prudential Plaza, the owner of the downtown office complex has sued the newspaper’s parent company for $4.8 million in unpaid rent. Property owner Sterling Bay filed the lawsuit against Tribune Publishing on Tuesday. The Chicago-based newspaper chain hasn’t paid rent since March, and the company’s letter of credit ran out of funds earlier this month, the suit alleges.