I want to tell you about a building in Chicago that may be failing.

To look at it, you would not think this building is in trouble.

It's one of the city's biggest buildings right in the center of town, Trump International

Tower.

It's a very tall glass building sitting along the banks of the Chicago River on the

north bank of the river.

It proclaims his name on it as most of his properties do.

This is Tim Novak, a reporter with the Chicago Sun Times.

To be clear, he's not the one saying the building is failing.

It's the Trump organization's own lawyers.

They're arguing in court that the city has vastly overvalued the tower.

In general, the argument is that the building is not worth what the assessor believes it

to be.

For instance, the retail space, the storefronts along the base of the Trump tower have

never been filled, even though the building has been open for eight years.

So at the hearing in December, they argue the value of the space was actually less than

zero.

Less than zero.

Yes.

It's quite a turnaround for a man who bragged in the finale of the apprentice season one.

The Trump International Hotel in Tower Chicago could have a value of $1.2 billion and will

raise the standards of architectural excellence throughout the world.

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