Comments on: Penny Pritzker’s TIF http://www.newstips.org/2012/08/penny-pritzkers-tif/ Chicago Community Stories Thu, 03 Apr 2014 01:18:42 +0000 hourly 1 https://wordpress.org/?v=4.4.12 By: Pretty Penny Earned At The Cost Of A Failing Education. « Southers' Daily http://www.newstips.org/2012/08/penny-pritzkers-tif/comment-page-1/#comment-10737 Fri, 28 Sep 2012 04:03:22 +0000 http://www.newstips.org/?p=6551#comment-10737 […] Hyatt will receive a 5.2 million dollar Tax Increment Funding from the City of Chicago for the construction of a new Hotel on 53rd Street in Hyde Park. The T.I.F. is apart of a $20.4 million dollar amount going to Harper Court, a redevelopment project led by the University of Chicago.  Coincidentally, that was the amount of money slashed from CPS’ 2013 school budget. […]

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By: julie http://www.newstips.org/2012/08/penny-pritzkers-tif/comment-page-1/#comment-10582 Thu, 13 Sep 2012 22:31:51 +0000 http://www.newstips.org/?p=6551#comment-10582 so glad to know about Hyatt contributing to the Oligarchy state by accepting coperate welfare Tif funds…I will avoid staying at Hyatts

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By: Which Way Will The Pendulum Swing? Chicago Teachers Give Notice of Strike | controappuntoblog.org http://www.newstips.org/2012/08/penny-pritzkers-tif/comment-page-1/#comment-10490 Fri, 31 Aug 2012 16:22:50 +0000 http://www.newstips.org/?p=6551#comment-10490 […] summit in May and the awarding of $5.2 million in tax increment financing (TIF) subsidies for a Hyatt near the University of Chicago. “But there’s never money for schools or decent housing. … Well the money exists for better […]

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By: curtis locke http://www.newstips.org/2012/08/penny-pritzkers-tif/comment-page-1/#comment-10393 Thu, 09 Aug 2012 17:49:15 +0000 http://www.newstips.org/?p=6551#comment-10393 The Ramada Lakeshore “hotel” is a certifiably overpriced dump and woefully inadequate to serve the needs of visitors to Hyde Park and the broader south side, which is wildly under-served. That being said, the “need” for Antheus and Hyatt to require a public “subsidy” (corporate welfare) is utterly outrageous. If such projects can’t raise adequate funding without such substantial “subsidies” (handouts), then they don’t really appear to be truly viable.

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