Pennsylvania businessman gets three months in prison for trying to influence former court Clerk Dorothy Brown – Chicago Tribune/MSN

In denying a defense request for probation, U.S. District Judge John Lee said it was important to send a message that the public’s interest comes first, especially in a city like Chicago where “citizens have suffered through a long and sordid history of public corruption convictions…Cynics might say it’s just how things are done, but the law demands more and frankly the public deserves more.”

Read More »

Palmer House owner dealt foreclosure judgment – Crain’s*

Palmer House Hilton ChicagoThe judgment is a step toward an eventual sale of the 1,635-room property at 17 E. Monroe St. at what could be a fraction of its pre-pandemic value. The hotel was appraised in March at $328 million, which is well below the value of what Thor owes on the property and far from the $560 million appraised value in 2018 when Thor took out the mortgage.

 

Read More »

Unpaid unemployment debt to raise taxes for businesses – WICS (Springfield)

In California, Connecticut, New York and Illinois, the states’ leaders chose to spend surplus funds created by $350 billion in coronavirus relief aid and a rapid economic recovery from the pandemic-induced shutdown on expanded social programs and public works projects. If debts aren’t repaid by November, all businesses in the states will be charged $21 per employee by the federal government and higher state taxes on businesses to fund unemployment programs.

Read More »

Chicago Leaders to Kick Off Budget Season Weeks Before Officials Are Set to Detail Deficit – WTTW (Chicago)

Chicago’s $16.7 billion budget for 2022 included nearly $2 billion in spending on affordable housing, mental health, violence prevention, youth job programs and help for unhoused Chicagoans. It is unclear whether those programs, funded by the Chicago Rescue Plan, will continue to be funded now that the city has spent the bulk of the federal COVID-19 relief package.

Read More »