A congestion tax for Chicago would be a terrible and uncompetitive idea – Wirepoints on WLS’ Ramblin’ Ray Show
Ted joined Ray and Nick to talk about why big companies are reticent to invest big money in Chicago, mainly due to a widening pension shortfall and inability to preserve public safety.
The share of available office space downtown rose during the final three months of 2024 to 26.3%, marking the 10th consecutive quarter that the vacancy rate hit an all-time high, according to data from real estate services firm CBRE. The sobering metric for building owners is up from 23.8% at the end of 2023 and 13.8% when the COVID-19 pandemic began.