Ex-Tribune CEO Michaels lists Streeterville condo

Posted Jan. 24 at 10:47 a.m.

Elite Street | By Bob Goldsborough | Former Tribune Co. Chief Executive Randy Michaels  has listed his 31st-floor, penthouse condominium  unit in Streeterville  for $989,000.

Tribune Co. Chairman Sam Zell  named Michaels, whose real name is Benjamin Homel,  to the company’s executive team in December 2007 and promoted him to CEO in late 2009.  Michaels resigned under pressure in October,  after weeks of escalating allegations that he and some associates that he had recruited had tarnished the company with boorish, sexist behavior. 

Michaels isn’t expecting much, if any, of a profit.  He bought the three-bedroom condo for $970,000 in September 2008 from the building’s developer.

Features include river and lake views, floor-to-ceiling windows, two marble baths, an office nook, 10-foot ceilings, wood floors, solar shades, custom closet buildouts, two balconies and KitchenAid stainless steel appliances in the kitchen.

“It’s spacious, it’s contemporary and there are outstanding views from every room,” said listing agent Naomi Wilkinson  of Magellan Realty. “And, it has high ceilings.”

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One comment:

  1. Molly Pipkins Jan. 25 at 7:45 pm

    Seriously? You guys are THIS self-involved to send this crap out as breaking news? Unbelievable. Oh — and if you read between the lines, looks like the newsroom at CT thought they got scooped by the New York Times for front page “news” that was two years old and read like a tabloid. You guys deserve to become extinct. What whiners! Can’t wait for your next excuse for declining circulation and unhappy consumers.