Acadia Realty Trust recorded a $50.8 million non-cash impairment charge on its ownership stake in a building across from Water Tower Place mall, according to the real estate investment trust’s third-quarter earnings report. The write-down follows the recent decision by Swedish apparel chain H&M to move out of the building when its lease expires next August.

Alderpersons underscored the need for public safety to be part of the bigger budget negotiation. “The mayor is preparing to raise prop taxes by 17.5 percent and my residents are still going to be waiting 45 min for (911) services,” Ald. Marty Quinn said.

The Cook County prosecutor has sparked outrage from the Windy City’s Jewish community after Sidi Mohamed Abdallahi, 22, who hails from Mauritania, was not charged with a hate crime. Chicago Mayor Brandon Johnson has also faced backlash for expressing his “heartfelt thoughts and prayers” with the victim, but failing to mention that the victim is Jewish.

“I understand though that there is stress in the city budget, but they have to figure out, I have talked about the need for efficiencies,” Gov. JB Pritzker said.

“(Mayor Brandon) Johnson’s budget address failed to address pension reform. He mentioned tax increases four times. Despite expressing his desire to ‘not leave a legacy of unpaid bills to the next generation,’ Johnson can’t do that without reining in the city’s skyrocketing pension costs.”

Mayor Brandon Johnson offered “heartfelt thoughts and prayers” to the victim of a shooting in the city’s Rogers Park neighborhood, making no mention of the victim being Jewish, while a message Johnson released last fall said he was “devastated by the murder of a six-year-old Palestinian American” who allegedly was the target of a “despicable hate crime [that] is a shameful reminder of the destructive role Islamophobia plays in our society.”

Read the full statement by the aldermen and the Israeli Consulate to the Midwest.

Rev. Mitchell Ikenna Johnson has posted dozens of antisemitic and anti-Israel messages on Facebook since Oct. 7. Johnson’s posts did not just attack Israel and Jews. He routinely made clear his support for Hamas: “I have been saying this since October 2023. People have an absolute right to attack their oppressors by any means necessary!!!” he wrote in March.

Since the start of 2024, Northwestern employees have contributed at least $720,000 to political campaigns and committees ahead of the 2024 U.S. presidential elections, according to Federal Election Commission filings. This placed NU among the top 2 percent of organizations with employees that collectively contributed the most money to candidates, party committees and other political action committees.

Claiming “this is what Chicago wants,” the letter launches into a list of eight demands and the group’s reasoning for each. Topping the list: Reject a property tax increase. That was followed by a demand that the city reconnect its ShotSpotter gunfire detection network, and create a new police district on the Southwest Side and a satellite office for the existing 12th District to “better handle rising crime in the area.”

Chicago Public Schools could receive about $300 million after Mayor Brandon Johnson proposed a record tax increment financing surplus for a second consecutive year. But that’s far less than what schools CEO Pedro Martinez requested, and the city says the school district is still on the hook for a $175 million pension payment.

“I would have to be commuting from the suburbs if it goes up anymore,” resident Danielle Flannigan said.

“Bringing up the rear in this list of utterly unloved political hacks is none other than Mayor Johnson himself, with an approval rating of only 14 percent. And it’s not as if people have failed to form an opinion about him; his disapproval rating is now an incomprehensible 79 percent. Even more hilariously, a full 51 percent of all voters specifically view Johnson ‘very unfavorably.'”