Comment by evol262

Count backwards. Sixty-one years left on a 75 year lease. It was in the middle of the 2008-2010 crash, and the city was facing massive budget shortfalls. They also leased Midway: https://www.reuters.com/article/chicago-parkingmeters/chicag...

This is around the same time that PA tried to lease their turnpike, and cities all over the US were facing a post-boom hangover when projected revenues from permits and property taxes didn't align with budget realities.

I'm not defending the decision, but it was far more shortsightedness than corruption.