https://www.nbcchicago.com/news/local/how-mayor-daley-outfox...
Is there another kind?
(It helped that the Daley family always kept things relatively clean when it came to their own affairs. Most of the serious corruption happened one or two levels below them.)
From what I can tell, a 10x return over 75 years is about a 3% annualized return. That's not a tremendous return during the Zero interest rate phenomena. It's almost a money loser in today's environment.
I do understand the concern about not being able to repurpose the parking spaces, etc. but somehow having been involved in repurposing discussions, I seriously doubt Chicago "Motorists" will ever let a parking space be repurposed into anything else.
https://www.nytimes.com/2003/04/01/us/chicago-mayor-bulldoze...