• someguy3@lemmy.world
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    2 months ago

    DYK Chicago sold their street parking to Morgan Stanley for 75 years for $1 billion? It took Morgan 15 years to recoup their money and now it’s all profit. If Chicago wants the parking for a parade, maintenance access, etc, they have to pay.

    • mojofrododojo@lemmy.world
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      2 months ago

      If Chicago wants the parking for a parade, maintenance access, etc, they have to pay.

      and get preapproval. it’s ridiculous.