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On the Auction Block

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A Gold Coast parcel is heading to auction November 18th. A 15,000 sq. ft. chunk of land at the corner of Clark and Chestnut, this has been a graveyard of proposals, most notably a nifty Hartshorne Plunkard-designed 28-story tower from LG Development Group. The previous owner, Orthodox Jewish Congregation Lubavitch Chabad, then proposed a synagogue for the site but lost the property to foreclosure. PrivateBank Trust & Co. now calls the shots. [Crain's]