The iconic John Hancock Center loses its name

Another major name change has come to Chicago.

The iconic John Hancock Center, a 100-story skyscraper, will for now just be known by its address, 875 N. Michigan Avenue, until the owners seek a new naming-rights deal.

The Chicago Tribune reports that the owners of the building's namesake, an insurance company that built the tower, asked that its name and logos be removed throughout the building immediately.

The insurance company hasn't been a tenant in the John Hancock Center for many years.

"As they did in Boston, they just decided to have their name removed," Stephen Hearn, president and CEO of Hearn -- which is part of a group of real estate investors that has owned the building since 2013 -- told the Chicago Tribune. "At this point, we'll push harder for a replacement name. This property deserves a more important identity than simply the address."

The Chicago Tribune reports that John Hancock hasn't paid for the right to have its name on the building since the last naming-rights contract expired.

The Sears Tower was renamed the Willis Tower in 2009. However, many Chicagoans continue to refer to the skyscraper by its previous name.

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