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                                                                Exhibit (10)(dd)

                      SECOND AMENDMENT TO CONTRACT OF SALE

         This Second Amendment to the Contract of Sale (this "Second Amendment")
is made and entered into as of this 26th day of October, 2000 by and among 55
Public LLC, North Valley Tech, LLC, Southwest Shopping Centers Co. I, L.L.C.,
First Union Madison L.L.C., Printer's Alley Garage, LLC, First Union Real Estate
Equity and Mortgage Investments and First Union Commercial Properties Expansion
Company, collectively as "Seller" and Radiant Investors LLC, as "Purchaser."

         WHEREAS, the Seller and the Purchaser have entered into a Contract of
Sale dated as of the 15th day of September, 2000 (the "Agreement") with respect
to the sale and purchase of the properties known as 55 Public Square/CEI
Building, Cleveland, Ohio; North Valley Tech Center, Thornton, Colorado;
Westgate Shopping Center, Abilene, Texas; Madison & Wells Garage, Chicago,
Illinois; Printer's Alley Garage, Nashville, Tennessee; Pecanland Mall, Monroe,
Louisiana; West 3rd Street Parking Lot, Cleveland, Ohio; Long Street Lot,
Columbus, Ohio; 5th and Marshall Garage, Richmond, Virginia; Two Rivers Business
Center, Clarksville, Tennessee and Huntington Garage, Cleveland, Ohio
(collectively, the "Premises");

         WHEREAS, the Seller and the Purchaser entered into the First Amendment
to Contract of Sale as of the 29th day of September, 2000 (the "First
Amendment");

         WHEREAS, the Seller and the Purchaser desire further to modify and
amend the Agreement as hereinafter set forth in this Second Amendment, the
provisions of this Second Amendment being paramount and the Agreement, as
modified by the First Amendment (the "Existing Agreement") being construed
accordingly.

         NOW THEREFORE, the parties hereto do hereby agree that the Existing
Agreement is further modified and amended as hereinafter set forth:

1.       All capitalized terms herein, unless otherwise defined, shall have the
         meaning ascribed in the Existing Agreement.

2.       Supplementing paragraph 3 of the First Amendment and Section 2(a)(vi)
         of the Existing Agreement, Purchaser confirms that it has obtained firm
         commitments for Acceptable Financing (as such term is defined in the JV
         Agreement).

3.       Pursuant to Section 1(b) of the Existing Agreement, FUR has entered
         into and Purchaser hereby consents to, the Purchase and Sale Agreement
         (the "Huntington Garage Contract") with Northeastern Security
         Development Corp., dated October 26, 2000 for the sale of the
         Huntington Garage. Pursuant to the Huntington Garage Contract,
         Northeastern Security Development Corp. has deposited with Commonwealth
         Land Title Insurance Company a $1 million good faith deposit.

4.       As a result of FUR having entered into the Huntington Garage Contract:
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         (i)      Purchaser shall not be required to acquire the Huntington
                  Garage or assume or otherwise pay the principal balance of the
                  mortgage encumbering the Huntington Garage, which mortgage
                  shall be deleted as a "Mortgage" under the Existing Agreement;
                  and

         (ii)     the purchase price set forth at Section 2(a) of the Existing
                  Agreement shall be reduced by (x) if the closing on the
                  Huntington Garage has occurred prior to the Closing under the
                  Existing Agreement, the Net Sales Price received by FUR from
                  said sale, or (y) if the closing on the Huntington Garage has
                  not occurred on or before the Closing under the Existing
                  Agreement, $21,250,000.00, less the reasonable estimate of the
                  parties of any and all fees, expenses, charges and other costs
                  that would have been paid by FUR in connection with the sale
                  of the Huntington Garage to Northeastern Security Development
                  Corp. (the "Costs of Closing"), including, without limitation,
                  brokerage fees, attorney's fees and disbursements and the
                  transfer taxes, survey fees, escrow charges, recording fees
                  and other closing costs payable by FUR under the Huntington
                  Garage Contract. Two business days prior to the Closing under
                  the Existing Agreement as amended hereby, the parties will
                  jointly determine their estimate of the Costs of Closing which
                  shall include reasonable supporting detail for the calculation
                  of the Costs of Closing. Appropriate adjustments shall be made
                  to Sections 2(a)(iv) and 2(a)(v) of the Existing Agreement to
                  effect the foregoing.

5.       For computing Apportionments at Section 6A of the Existing Agreement,
         the Huntington Garage income and expenses, ordinary and capital,
         including monthly interest payments on the mortgage encumbering the
         Huntington Garage, shall be included in and subject to the Existing
         Agreement through the earlier of the date of the consummation of the
         sale of the Huntington Garage or the consummation of the sale of the
         Properties by the Seller to the Purchaser under and pursuant to the
         terms of the Existing Agreement.

6.       Except as modified hereby, the Existing Agreement shall remain in full
         force and effect.

                                 SELLERS:

                                 55 PUBLIC LLC, a Delaware limited liability
                                 company

                                 By:  55 PUBLIC REALTY CORP., a
                                 Delaware corporation, Managing Member

                                 By: /s/ William A. Scully
                                     ------------------------------------
                                     Name: William A. Scully
                                     Title: Authorized Signatory
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                                 NORTH VALLEY TECH LLC, a Delaware
                                 Limited liability company

                                 By:  NVT Corp., a Delaware corporation,
                                 its Managing Member

                                 By: /s/ William A. Scully
                                     ------------------------------------
                                     Name: William A. Scully
                                     Title: Authorized Signatory


                                 SOUTHWEST SHOPPING CENTERS CO.
                                 I, L.L.C., a Delaware limited liability
                                 company

                                 By:  First Union Southwest L.L.C., a
                                 Delaware limited liability company,
                                 its manager

                                 By:  First Union Southwest I, Inc., a
                                 Delaware corporation, its manager

                                 By: /s/ William A. Scully
                                     ------------------------------------
                                     Name: William A. Scully
                                     Title: Authorized Signatory


                                 FIRST UNION MADISON L.L.C., an
                                 Illinois limited liability company

                                 By:  First Union Real Estate Equity and
                                 Mortgage Investments, an Ohio
                                 Business trust, its member

                                 By: /s/ William A. Scully
                                     ------------------------------------
                                     Name: William A. Scully
                                     Title: Authorized Signatory


                                 PRINTER'S ALLEY GARAGE, LLC, a
                                 Delaware limited liability company

                                 By:  First Union Realty Equity and
                                 Mortgage Investments, an Ohio business
                                 trust, its managing member

                                 By: /s/ William A. Scully
                                     ------------------------------------
                                     Name: William A. Scully
                                     Title: Authorized Signatory
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                                 FIRST UNION REAL ESTATE EQUITY
                                 AND MORTGAGE INVESTMENTS, an
                                 Ohio business trust

                                 By: /s/ William A. Scully
                                     ------------------------------------
                                     Name: William A. Scully
                                     Title: Authorized Signatory


                                 FIRST UNION COMMERCIAL
                                 PROPERTIES EXPANSION COMPANY

                                 By: /s/ William A. Scully
                                     ------------------------------------
                                     Name: William A. Scully
                                     Title: Authorized Signatory


                                 PURCHASER:

                                 RADIANT INVESTORS LLC, a
                                 Delaware limited liability company

                                 By: /s/ Daniel P. Friedman
                                     ------------------------------------
                                     Name: Daniel P. Friedman
                                     TITLE: MANAGING MEMBER