Jeffrey M. Goldberg & Associates v‪.‬

JUSTICE RIZZI delivered the opinion of the court: This action was brought by plaintiffs Jeffrey M. Goldberg & Associates, Ltd. (Goldberg & Associates), and Jeffrey
M. Goldberg, individually against defendants Collins Tuttle & Co. (Collins Tuttle), the managing agent of the property
located at 20 North Clark Street, in Chicago, Illinois (property/building); Harris Trust and SavingsBank, the legal title
holder of the property, as trustee under Trust number 39038 (Harris Trust); 20 North Clark Limited Partnership (Clark Partners),
the beneficial owner of the trust; Wiley Tuttle, the president of Collins Tuttle and a general partner in Clark Partners;
Jutta Stone, a vice-president and the Chicago manager of Collins Tuttle and a limited partner in Clark Partners; and Herbert
Papock, an officer of Collins Tuttle and a general partner in Clark Partners; in a dispute over a lease for office space in
suite 3100 of the building. Later, plaintiffs added Hiro Real Estate Company (Hiro) as a defendant. Plaintiffs invoked the
doctrine of promissory estoppel and alleged that defendants were guilty of fraud. These claims were dismissed on the basis
that plaintiffs' reliance on the words and conduct of defendants was unreasonable as a matter of law. Plaintiffs appeal the
dismissal of the pleadings. We reverse and remand.