Cubs Owner Purchases Wrigley Rooftop Buildings

CHICAGO (AP) — Cook County property tax records show that an entity controlled by the owner of the Chicago Cubs has purchased three more rooftop buildings next to Wrigley Field.

The Chicago Tribune reports that the purchases mean the Ricketts family now owns six rooftop building near the historic ballpark. The purchases come as the field is amid a renovation that has sparked controversy with owners of nearby rooftop operations.

A sale was expected after a federal judge last month dismissed a foreclosure lawsuit against the businesses. In November, Fifth Third Bank sued the rooftop operations, alleging they owed more than $18 million on mortgages and missed payments. Sheffield Finance later bought a portion of the debt and sold the buildings to the Ricketts family for an undisclosed amount.

Cubs Chairman Tom Ricketts has said little about the team’s plans for the rooftops other than that he plans to keep them in operation.

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