Thirty-six years ago, when I moved to Chicago, the old lefties used to tell me the political and corporate chieftains were like a secret cartel that had crafted a rich-get-richer scheme of development that would shape the city for years to come.
I’ll give old man Daley and his pals this: They were reacting to demographic challenges far greater than those Rahm or Rauner must confront. In the early 1970s, the middle class was picking up and fleeing to the suburbs as the city’s industrial base was crumbling.
Tronc has a long-term lease with Tribune Media to use the printing plant. So Sinclair or Tribune Media can’t sell to Bezos without making Ferro whole on that lease arrangement.
