crainalertsSep 9, 2024, 11:01 AM

South suburbs feel crush of higher property tax bills

Having trouble viewing this email? See the online version Monday, September 09, 2024 A MESSAGE FROM WINTRUST Nearly $1 billion worth of fraudulent checks and money orders are recovered each year, with

Having trouble viewing this email? See the online version

Monday, September 09, 2024

A MESSAGE FROM WINTRUST

Nearly $1 billion worth of fraudulent checks and money orders are recovered each year, with 63% of organizations falling victim to check fraud in 2022.

Programs like Positive Pay can stop these bad transactions before they post to your account.

Register for our free webcast to learn more about preventing payment fraud.

1. South suburban towns get crushed by the weight of heavy property taxes

Majority-Black towns that are already struggling are caught in a cycle that perpetuates the inequities of taxation.

2. Our latest ranking of Chicago’s largest law firms is here

Despite a minor uptick in headcount for the top 25, several major players on the list reported a consecutive year of declining numbers.

3. Editorial: Don't overlook this factor in your first-ever school board vote, Chicago

Chicagoans who care about the economic life of this city would be wise to weigh this competitive advantage as they cast their ballots for a hybrid school board.

4. Illinois joins other states banning small plastic bottles at hotels

The measure follows similar laws in California, New York and Washington state as lawmakers force the industry to transition to more sustainable refillable containers.

5. Big South Loop apartment development up for sale

Brookfield Properties is testing what investors will pay for a unique two-property offering: a 39-story luxury high rise connected to a fully affordable senior housing building.

6. CTA turns to AI to help stop gun violence at transit stations

The agency revealed a 12-month contract with an AI gun-detection company days before one of the deadliest shootings on Chicago public transit in decades.

7. Law firms Locke Lord and Troutman Pepper merge to form 1,600-lawyer firm

Locke Lord, which has Chicago roots, will join forces with the larger Troutman Pepper for a combined total of about 119 attorneys locally and more than 1,600 overall.

8. A property tax relief proposal from Kaegi: Crain's Daily Gist podcast

Cook County Assessor Fritz Kaegi is calling for a property tax bailout for low-income homeowners. Crain’s commercial real estate reporter Danny Ecker discusses with host Amy Guth.

9. States that restrict abortion the most support families the least, Northwestern finds

More: Illinois law mandating abortion coverage doesn't violate religious freedom, judge rules

10. Three local food events that aren't Taste of Chicago

Taste may be over, but there are still celebrations of the city's culinary scene to look forward to this fall, says Crain's food critic David Manilow.

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