Chicago downtown commercial property fallout not as bad as people think, Assessor Kaegi says – Crain’s*

When it comes to the fallout that the struggling downtown office and retail market may unleash on other taxpayers, "generally the perception is that the impact will be greater than what we think it actually will be," Kaegi said in an interview with Crain's during an event his office held to discuss assessments with local real estate stakeholders.
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Wyatt Earp
2 years ago

I am very happy to hear this, just keep adding any shortfalls onto the Chicago taxpayers. The taxpayers don’t Mind after all its not as bad as it seems. Kaegi should start singing, “ Somewhere
Over the rainbow”.

Last edited 2 years ago by Wyatt Earp
Ex Illini
2 years ago

Seriously, what else could he say? He can’t admit to over-assessing buildings.

Old Joe
2 years ago

This is semantics. Think growing broke gradually vs. suddenly…….

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