Recession, Cubs' Lousy Record Leaves One Wrigley Rooftop In Foreclosure, Others On Shaky Ground

In Chicago, Illinois, the Chicago Tribune reports:

• The Lakeview Baseball Club apartment building across from Wrigley Field is best known for the tote board under its rooftop seats that details the years elapsed since the Cubs' last division, league and World Series titles. But after Lakeview slipped into foreclosure this year, it is the numbers outlined in court filings that are particularly telling. They offer a rare glimpse into the shaky finances of a rooftop club operating in a bad economy.

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• Other rooftops are scrambling to feed their own multimillion-dollar mortgages as the recession leaves their corporate customer base gun-shy from spending $30,000 on an outing that revolves around watching the Cubs play. Throw in the Cubs' dismal record, which depresses ticket demand, and several rooftops are now selling entire blocks of games on half-price online coupon sites such as Groupon.

For more, see Wrigley rooftop owners on shaky financial ground (Multimillion-dollar mortgages no match for recession, Cubs' dismal season).

See also, Cubs Wrigley Rooftops Struggle, Recycling Booms.