United Continental Holdings, parent of United Airlines, is giving back $5.6 million in City of Chicago tax incentives. The incentive money is tied to United’s 2007 move to its corporate headquarters at 77 W. Wacker Drive, along the Chicago River. Because of...
Ten years ago, Chicago’s most powerful alderman, Edward M. Burke, and the rest of the City Council signed off on a deal that promised $16 million in taxpayer subsidies to the Wm. Wrigley Jr. Co. to help it build a new corporate campus on Goose Island rather than move...
On the fourth day of the teachers’ strike, protesters targeted school board member Penny Pritzker, whose family owns the Hyatt hotel chain. At 3:30 p.m., thousands of demonstrators dressed in red gathered outside the Hyatt Regency Chicago, at 151 E. Wacker Dr.,...
This story is actually from early April: According to a report issued today by Chicago Inspector General Joe Ferguson, a fluke of state law means that many neighboring business districts that collect an extra property tax to pay for security, advertising and the like...
New data out of Standard & Poor’s this morning painted a somewhat mixed picture of the U.S. housing market: showing home prices may have hit bottom. via Business Insider. Hit bottom? Unlikely. But what I really wanted to show what this chart: Looking at...