Reports of Imminent Demise of Buddy Guy's 'Legends' Exaggerated
Reports of Imminent Demise of Buddy Guy's 'Legends' Exaggerated
CHICAGO, Jan. 9 /PRNewswire/ -- The following statement was released by Columbia College Chicago:
Mark Twain once remarked that news stories about his own death were "greatly exaggerated." So, too, are news reports about Buddy Guy's being evicted from his "Legends" club in Chicago's South Loop.
While it is true that Mr. Guy's lease on his current location ends in May, Columbia College Chicago, which owns the property, has taken no steps to force his immediate relocation. In fact, the college is prepared to maintain flexibility as "landlord" -- but not indefinitely.
When Columbia acquired the property in 1999, plans were announced to construct a campus center on that particular parcel. Intended use of the site is no surprise to Mr. Guy. That intent was reinforced when the current lease was negotiated two years ago.
As has been indicated in the past, the college is willing to talk with Mr. Guy about continuing to rent the facility to "Legends" until a timetable for new construction is identified.
First Call Analyst:
FCMN Contact:
Source: Columbia College Chicago
CONTACT: Micki Leventhal of Columbia College Chicago, +1-312-344-7383
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