
Allstate venture bought in January 2022 for $29.7 million, according to Cook County property records. People familiar with the offering said they expect bids to come in at just more than $10 million. Allstate has not occupied the Wacker Drive property, which is leased today to a mix of small tenants that collectively occupy about 57% of the building, according to a marketing
An inflation-indexed tax credit that millions of Illinoisans receive would rise for the 2024 tax year under a $93 million proposal by Gov. JB Pritzker, but the increase is short of what current law dictates. Lawmakers doing nothing on the governor’s proposal this spring actually would be more generous for taxpayers than what Pritzker is floating.
“With so much control and influence over the political machine, criminal justice system, the jail, the judges, and the prosecutor, you’d think media might want to hold (County Board President and Democratic Party Boss Toni) Preckwinkle to account. Especially as media wrings its hands and worries about the future of crime-plagued Chicago. But they don’t.”
As White Sox chairman Jerry Reinsdorf seeks $1 billion in taxpayer funding for a new ballpark in a planned mixed-use district in the South Loop, his associates have spent $44.7 million buying parking lots run by his competitors to build what could be a similar district around the United Center. Reinsdorf and the Wirtz family co-own the United Center, which they built 30 years ago without any government financing.
Former state Sen. Terry Link asked a judge Wednesday to give him probation for dodging $82,000 in taxes, arguing that he has done everything in his power to make amends — including wearing a wire.
It’s become nearly meaningless to opine on the details of Illinois’ annual budgets. Year after year, Illinoisans are on the hook for more debts, taxes go up and people continue to flee the state. Gov. Pritzker’s previous five budgets have failed on kitchen table issues and his latest proposal for 2025 is on track to do the same.
Wirepoints’ Ted Dabrowski joined Univision Chicago to talk about the failings of Gov. Pritzker’s proposed 20205 budget. “Illinois’ budgets have been unbalanced for 20-plus years,” he said. “Once again, this is a budget for politicians, not people.”
Neither CPS officials nor a spokesperson with the Department of Education would comment on the nature of the investigation, but a CPS source says the probe stems from complaints of antisemitism filed with the DOE’s Office of Civil Rights leading up to and