
Chicago has been involved in a $1.15 billion deal to lease 36,000 parking meters to an investor group led by Morgan Stanley for almost two decades. Now, as the meters are about to change hands, the city council is taking the opportunity to push back against the arrangement.
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The original lease was for $1.15 billion.
Chicago leased 36,000 parking meters to an investor group led by Morgan Stanley for $1.15 billion.
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Chicago leased 36,000 parking meters to an investor group led by Morgan Stanley for $1.15 billion.
BloombergFor almost two decades, Chicago has been stewing over a $1.15 billion deal to lease 36,000 parking meters to an investor group led by Morgan Stanley. Now, with the meters set to change hands, the city council is seizing on an opening to push back.
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Chicago leased 36,000 parking meters to an investor group led by Morgan Stanley for $1.15 billion.
BloombergThe parking meters are set to change hands.
BloombergThe Chicago city council is using the change in ownership to oppose the deal.
Bloomberg