The Latest Breaking News from Clint Krislov

Parking meter deal keeps on giving — for private investors, not Chicago taxpayers

Results of the latest parking meter audit by accounting giant KPMG shows meter revenues reached a record $140.4 million last year - with 60 years left on a 75-year lease.

Chicago Sun-Times · Jun 11, 2023

Chicago Skyway sold — again — generating windfall for beleaguered taxpayers

The latest ownership change is expected to generate about $25 million in real estate transaction taxes, enough to cut in half Mayor Lori Lightfoot’s $42.7 million property tax increase — though he mayor’s office refused to say how the funds would be used.

Chicago Sun-Times · Sep 13, 2022

Asset sale could yield $1 billion gain for Chicago Skyway investors

2 firms that control the toll road on a 99-year lease reportedly are looking to sell their interests.

Chicago Sun-Times · Jun 8, 2022