Ann Dwyer

Chicago

Editor at Crain's Chicago Business

Editor of Crain’s Chicago Business.

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Articles

Legal and legislative heat builds on Illinois tax-sale system

4 weeks ago | chicagobusiness.com | Dennis Rodkin |Ann Dwyer

Two new federal lawsuits have hit Illinois counties' sales of properties for back taxes, an increasingly precarious system since the U.S. Supreme Court declared them unconstitutional in all states two years ago. And a State senator introduced a last-minute amendment Thursday that calls for a moratorium on the tax sales until next spring.
O'Hare seeks up to $4.3 billion of muni debt

1 month ago | chicagobusiness.com | Ann Dwyer

Chicago Mayor Brandon Johnson will seek approval from aldermen to sell as much as $4.3 billion of debt for O’Hare International Airport, according to a filing posted on the city clerk’s website. If authorized, proceeds of the bonds will fund infrastructure projects at the facility, as well as refinance outstanding obligations, the ordinance that the mayor is scheduled to propose Wednesday said.
Pritzker budget team slashes state's revenue forecast by $536 million

1 month ago | chicagobusiness.com | John Pletz |Ann Dwyer

The governor’s budget office now expects about $500 million less in revenue for the coming fiscal year, which will make it more challenging for the General Assembly to come up with a budget. The Governor’s Office of Management and Budget said today it now expects $54.9 billion in revenue for the fiscal year beginning July 1. Its previous forecast called for $55.5 billion.
DePaul chief to Congress: 'We've made mistakes' on antisemitism, campus protests

1 month ago | chicagobusiness.com | Mark Walsh |Ann Dwyer

DePaul University President Robert Manuel told the U.S. House education committee today he was “deeply sorry” for mistakes in handling an anti-Israel encampment on the school's Lincoln Park campus last spring and for an antisemitic attack on two DePaul students last fall. “We’ve made mistakes along the way” in responding to campus actions after the Oct. 7, 2023, terrorist attack by Hamas on Israel, Manuel said. “As DePaul’s leader, I want to acknowledge that openly.
Pritzker shuts door on state funding for revised One Central megaproject

1 month ago | chicagobusiness.com | Justin Laurence |Ann Dwyer

Citing the results of a long-delayed feasibility study released today, Gov. JB Pritzker is pouring cold water on the proposed One Central megadevelopment despite the developer overhauling the project's cost projections — and trimming the state subsidy he's seeking by $4 billion.
Civic heavyweights push CPD to rethink community policing strategy

1 month ago | chicagobusiness.com | John Pletz |Ann Dwyer

Several civic groups are offering the Chicago Police Department some lessons on how to implement community policing: a key part of the six-year-old federal consent decree that requires the city to reform some of the ways it fights crime. The groups hired a consulting firm, which interviewed 17 police departments nationwide about their approaches to community policing, as Superintendent Larry Snelling prepares to finalize CPD’s community policing strategy.
Pritzker asks state agencies to scope out El Salvador investments

2 months ago | chicagobusiness.com | Ann Dwyer

Gov. JB Pritzker is asking Illinois pension funds and agencies to examine any investments or contracts they may have with companies in El Salvador. In a written statement released today, Pritzker said the moves were in response to El Salvador President Nayib Bukele’s willingness to help President Donald Trump deny due process to hundreds of migrants deported to El Salvador and now held in a maximum-security prison with no potential of release. “The United States Constitution guarantees due process.
Opinion: Our commercial property tax system is broken. Here's how to fix it — now.

2 months ago | chicagobusiness.com | Michael Reschke |Ann Dwyer

A fundamental precept for any system of taxation to be accepted as fair and equitable bythe taxpaying populace, is that the system must be objective, transparent, and predictable. Our current real estate tax assessment process for commercial properties in Cook County is broken and needs repair. The current assessment process is not transparent or understandable, is not objective, and certainly is not predictable.
Chicago law firms sign on to Trump challenge — but not many

2 months ago | chicagobusiness.com | Steven R. Strahler |Ann Dwyer

Nathan Eimer, a veteran Chicago litigator, says his mother Charlotte and her parents escaped from Austria just days before World War II erupted. A great-grandmother later perished at Theresienstadt, a ghetto and concentration camp waystation in Nazi-occupied Czechoslovakia.
Suit accuses Chicago beverage entrepreneur of taking nearly $300K from investors

2 months ago | chicagobusiness.com | Brandon Raphael Dupre |Ann Dwyer

A Chicago beverage entrepreneur is accused in a lawsuit of taking nearly $300,000 from two investors to start a seltzer brand only to then launch his own competing company.