April 22, 2024
“…The demand surge wouldn’t be met immediately by more power generation. New data centers would initially be served by excess capacity already on the regional grid, imported electricity from other areas and then eventually by newly constructed sources, said Paul… Continue Reading…
July 4, 2023
“Chicago’s pension burden climbed last year after the city’s retirement funds lost money due to volatile markets, deepening the long-standing fiscal woes for new Mayor Brandon Johnson… The amount the city owes to its four pensions that pay benefits to… Continue Reading…
May 23, 2023
“Blackstone Inc. is in discussions with lenders on a $310 million mortgage backed by a struggling Chicago office tower. The commercial mortgage-backed security on the property, 350 North Orleans, was transferred to special servicing ahead of its July maturity, according… Continue Reading…
May 7, 2020
“Their estimate: a ‘U-Cov’ rate in April of somewhere between 25.1% and 34.6%. That’s compared to the 16% rate forecast by economists polled by Reuters, who also estimate American employers shed more than 20 million jobs last month. “The official… Continue Reading…
May 15, 2019
“The two cities with the highest burden: Chicago and New York City; Chicago’s combined taxpayer burden: $119,110; New York City’s combined taxpayer burden: $85,600… Chicago’s combined Taxpayer Burden: $119,110 New York City’s combined Taxpayer Burden: $85,600 Los Angeles’ combined Taxpayer… Continue Reading…
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