![]() On the 44 th floor are two large meeting rooms, the Potash Grocery store that has been quite the God sent during this Pandemic and extreme cold. A definite wow factor when guests come to visit. Upon exiting there is a beautiful sky lobby that overlooks Lake Michigan and Navy Pier. From the ground floor, we take one of three elevators to the 44 th floor. There are two amazing doormen on staff that cover each shift making sure we are all well taken care of. The resident side has a special entrance at 175 E. So, for a person like me who does not cook, this is a perfect endless supply of options for dinner from fine dining to a cup of coffee!! ![]() Benihana, Cheesecake Factory, and Starbucks are all on the lower level. An amazing fact is this building has 50 elevators!! The 95 th and 96 th floors are home to the Signature Restaurant and 96 th bar. The unique design involves retail and business offices to be located on the lower floors to floor 43. The innovative design was created by the architect Fazlur Rahman Khan and construction by Skidmore, Owings and Merrill began in 1965 and completed in 1969. The John Hancock as we all know it had a name change in 2018 to 875 N Michigan. Well in this case it was all that and more!! So many moments in life we want something so much and when we finally get it, it just “isn’t all that”. That dream became a reality a little over two years ago. As a result, we are forced to close our doors,” the memo said.Ĭrain’s also reported a memo sent to staff citing “safety issues and negative publicity” of Chicago as additional reasons for why Roman and Pyknis decided to close the Signature Room.For years I dreamed of living in the iconic John Hancock Building. “We are extremely disappointed that new lease terms could not be successfully renegotiated with our landlord and, thus, not allowing us to continue our mission at the place we all love. It would be a mistake to underestimate the complexity of operating a restaurant in that space.”Ī memo to Signature Room staff obtained by NBC Chicago said closing was also due to issues with the restaurant’s lease. “They just couldn’t agree on new terms for the lease,” said Hopkins, who didn’t provide further details. “It’s harder than it seems to manage a business in that space and I don’t think the landlord fully appreciates that. ![]() The Signature Room had gradually been recovering, but wasn’t back to pre-pandemic form, Hopkins said. Crain’s reported in March that Roman and Pyknis had recently extended their lease through 2031. Hopkins said the restaurant’s lease was last negotiated in late 2019, before the pandemic upended the city’s restaurant industry. The companies hired brokers from Cushman & Wakefield’s Chicago office to sell the space, advertising it as a unique offering providing stable cash flow. ![]() Chicago boasts some of the nation’s finest, and most innovative, dining experiences and this presents a very unique and exciting opportunity for the next operator,” said John Clote, senior vice president of Madison Capital.Ĭrain’s, which first broke the news that the restaurant closed, reported in March that PGIM and Madison Capital had put the space up for sale. “For over 20 years, The Signature Room has thrived as an iconic establishment in Chicago and stands as one of the top-grossing restaurants nationwide.
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