Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints
A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.
“The deal for the Chicago property shows that investors believe some segments of senior housing still look like a good bet. ”
Yeah, I read this, looks like two out of town investor groups needed to ‘make a deal’, for better or worse, to keep things flowing. Overpaying for senior housing in downtown Chicago seems like a terrible idea. I’m sure they ‘know’ better than the rest of us, right? Hahaha