The Chicago City Council has granted its support for a Class L property tax incentive for the historic building at 1032 W. Fulton Market. The owner, Senator International Property, LLC, plans a substantial rehabilitation of the landmark structure for use as commercial office space. With a total project cost exceeding $4 million, the renovation will preserve the building's historic character while modernizing its interior for office use. The incentive, contingent on the substantial completion of the project, was deemed necessary for the building's rehabilitation and was recommended by the Commission on Chicago Landmarks.