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KING v. LEVIN

No. 1-87-3756.

184 Ill. App.3d 557 (1989)

540 N.E.2d 492

ROBERT C. KING, Plaintiff-Appellant, v. PAUL LEVIN, Defendant-Appellee.

Appellate Court of Illinois — First District (1st Division).

Opinion filed June 5, 1989.

Attorney(s) appearing for the Case

Holleb & Coff, of Chicago (Michael A. Reiter and Lori A. Goldstein, of counsel), for appellant.

Letvin & Stein, of Chicago (David J. Letvin and David M. Stein, of counsel), for appellee.

Judgment affirmed.

JUSTICE BUCKLEY delivered the opinion of the court:

Robert King (plaintiff), who is engaged in the business of subsidized real estate development, learned of a Housing and Urban Development (HUD) funding opportunity for low and moderate income housing developments. In pursuit of this opportunity, plaintiff executed an option to purchase two buildings containing 54 units located at 2630-44 North Spaulding and 2219-23 North Kedzie Boulevard...

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