Crain's Chicago Business

What’s ahead for Zell’s successors | Peotone airport plan outcome uncertain | Homes attract dozens of offers

Crain's Chicago Business sent this email to their subscribers on May 19, 2023.

Morning 10

Friday, May 19, 2023
Chicago financier Sam Zell

1. What's ahead for Sam Zell's successors

With successors in place, two of Zell's REITs may be poised for business as usual after the dealmaker's death. But the loss of their charismatic chairman may remove some of the halo effect the companies enjoyed.

 
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An airplane being loaded with cargo

2. Peotone airport is back, but will it get off the ground?

Legislators are trying to force Gov. Pritzker's hand with a bill to kick off a long-awaited south suburban airport. Even if he signs off, it's not clear the project will move ahead. 

 
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Brandon Johnson and Lori Lightfoot

3. Johnson aide hints mayor may roll back Lightfoot's pension executive order

The suggestion came alongside heavy criticism of Lightfoot from a key Johnson ally.

 
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A photo of the Chicago Bears inflatable mascot in front of the Daley Center

4. Joe Cahill: Call the Bears' bluff on subsidies

The team doesn't need taxpayer help to move to Arlington Heights.

 
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Chicago Public Schools

5. Chicagoans reject Illinois lawmakers revised draft map for elected school board

Districts for the soon-to-be-elected Chicago Board of Education must be drawn by July 1, but those who spoke at the latest public hearing said the newest draft is rushed.

 
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Sen. Celina Villanueva, D-Chicago

6. Lawmakers move optional gender-neutral bathrooms bill closer to passage

The bill passed the Illinois Senate after a heated debate, heading back to the House. 

 
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Exterior of Lincolnwood house on Arthur Avenue

7. Even ordinary houses are getting an extraordinary number of offers

A house in Lincolnwood attracted 64 bids from potential buyers. Other homes have gotten more than 30 offers, surprising agents accustomed to fielding five or six. 

 
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8. HCSC profits climb in 2022, but Medicaid drop-offs loom over its 2023

More in today's Health Pulse: Fertility app developer settles data-sharing lawsuit, Abbott is racking up FDA OKs and more.

 
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Rivian

9. New EV registrations: GM, Ford, Rivian chip away at Tesla's share

Tesla's dominance slipped from a year earlier to 60% of the market in the first quarter as upstarts like Illinois' own Rivian gained traction.

 
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Cooking pan on gas flame

10. Peoples Gas customers are in line for a big refund

Illinois regulators slapped Peoples with a decision that will mean a multimillion-dollar refund of cash previously collected to compensate for uncollectible bills.

 
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WINTRUST 4 MAXGOSAFE A D RGENELECN protectign. MORNING 10 FRIDAY, MAY 19, 2023 Chicago financier Sam Zell 1. WHAT'S AHEAD FOR SAM ZELL'S SUCCESSORS With successors in place, two of Zell's REITs may be poised for business as usual after the dealmaker's death. But the loss of their charismatic chairman may remove some of the halo effect the companies enjoyed.   Read More > Experience these stories on the new Crain's Chicago Business website. An airplane being loaded with cargo 2. PEOTONE AIRPORT IS BACK, BUT WILL IT GET OFF THE GROUND? Legislators are trying to force Gov. Pritzker's hand with a bill to kick off a long-awaited south suburban airport. Even if he signs off, it's not clear the project will move ahead.    Read More > Brandon Johnson and Lori Lightfoot 3. JOHNSON AIDE HINTS MAYOR MAY ROLL BACK LIGHTFOOT'S PENSION EXECUTIVE ORDER The suggestion came alongside heavy criticism of Lightfoot from a key Johnson ally.   Read More > THE MOVE Showcase industry leaders and their careers A photo of the Chicago Bears inflatable mascot in front of the Daley Center 4. JOE CAHILL: CALL THE BEARS' BLUFF ON SUBSIDIES The team doesn't need taxpayer help to move to Arlington Heights.   Read More > Chicago Public Schools 5. CHICAGOANS REJECT ILLINOIS LAWMAKERS REVISED DRAFT MAP FOR ELECTED SCHOOL BOARD Districts for the soon-to-be-elected Chicago Board of Education must be drawn by July 1, but those who spoke at the latest public hearing said the newest draft is rushed.   Read More > SPONSORED BY NASCAR First-ever NASCAR Chicago Street Race Weekend offers through a major city. From corporate events to client outings, Chicago VIPs can enjoy the historic sports and entertainment event in style. Read Mo Sen. Celina Villanueva, D-Chicago 6. LAWMAKERS MOVE OPTIONAL GENDER-NEUTRAL BATHROOMS BILL CLOSER TO PASSAGE The bill passed the Illinois Senate after a heated debate, heading back to the House.    Read More > Exterior of Lincolnwood house on Arthur Avenue 7. EVEN ORDINARY HOUSES ARE GETTING AN EXTRAORDINARY NUMBER OF OFFERS A house in Lincolnwood attracted 64 bids from potential buyers. Other homes have gotten more than 30 offers, surprising agents accustomed to fielding five or six.    Read More > 8. HCSC PROFITS CLIMB IN 2022, BUT MEDICAID DROP-OFFS LOOM OVER ITS 2023 More in today's Health Pulse: Fertility app developer settles data-sharing lawsuit, Abbott is racking up FDA OKs and more.   Read More > Rivian 9. NEW EV REGISTRATIONS: GM, FORD, RIVIAN CHIP AWAY AT TESLA'S SHARE Tesla's dominance slipped from a year earlier to 60% of the market in the first quarter as upstarts like Illinois' own Rivian gained traction.   Read More > Cooking pan on gas flame 10. PEOPLES GAS CUSTOMERS ARE IN LINE FOR A BIG REFUND Illinois regulators slapped Peoples with a decision that will mean a multimillion-dollar refund of cash previously collected to compensate for uncollectible bills.   Read More > Listen to our roundup of essential headlines and analysis from Crain’s reporters and host Amy Guth. Get it Monday through Thursday, presented by Wintrust. FMCRNNS Nominations Due May 26 NOTABLE LEADERS IN SUSTAINABILITY SUBSCRIBE TODAY Discover why Crain’s Chicago Business is the top source of industry-leading news, analysis & data. This email was sent to [email protected] Manage My Account | Contact Us © 2023 Crain Communications Inc 130 E. Randolph St., Suite 3200, Chicago, IL 60601 United States | | CRAIN COMMUNICATIONS
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