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Originally Posted by bnk
The change in the title to on hold is pretty bad omen in my experience around here.
GD you covid. Could you have came around at a worse time?
I mean we were on a good roar, times were really good financially and in the construction of some really great buildings. How we recover our post covid will have a lot to say about the viability of the DT market Office buildings like the Old Post Office and the Idea of returning to the center of it all. Will a portion of those employees not telecommute to their job from anywhere in the country now. Its really sad if we do not get back to previous concept of returning to the city...… Its very worrisome on so many levels. I don't have enough time to explain the consequences but boy does Chicago really miss Rahm right now.
This crash could last a very, very long time unfortunately.
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You are over-reacting a little bit. Sure, living in the core will take a hit (for every city) and the economy will slow for a while, but there is an evolution of sorts taking place and when the dust settles you will see a more diverse economy, new businesses emerge and a fairly significant transfer of wealth will have taken place. All of those things present the
prospect of a better world. Time will tell. In other words, you can either "lean into this" and grow and get better, or remain whimsical, bitter and wish for leaders long gone (Obama/Rahm/whomever) and wish for things that will never happen/fail to grow.
Moreover, as much as I love seeing a bustling Chicago core, and as much as I love seeing Chicago add spectacular towers to our world renown skyline, human "life" itself is more important. And with that in mind, I believe Lori Lightfoot is doing an amazing job and is the right Mayor for
this time in Chicago.
This is not a time to reopen the city prematurely or try to
force business investment. Where cities are doing that, that ethos is proving devastating all over the county with Covid-19 feasting on that newfound activity
vis-a'-vis the staggering death projections that were released just yesterday. This is a time to protect life
first, get through these waves, move the ball down the road while buying time for a vaccine.
Lori is doing that.
You appear to be a conservative. Well, embrace conservationism then and let business thrive or fail on its own during this time without giving them bailout after bailout. I agree with the 1 bailout they got but it should have been more limited in scope and it should have been more needs/viability based.There was a "money grab" that took place by big corp, with corporations that did not need the money grabbing it and mom and pop stores losing out - ridiculous! No more with the handouts to big corp. Put human life first and where appropriate, make sure "small" businesses get the help they need and let businesses that are meant to survive, survive, and those meant to fail, let them fail. Human life must come first. Without life, there is no business.
To a large degree, we see all of this happening now in Chicago. Lori is prioritizing life right now (as she should be)... and towers here are still going up. Spec towers like this one knew the cost of playing roulette -
they lost. It happens. Wishing for a return of Rahm or wishing for a return of the past, is foolhardy and serves no purpose. That may seem rough, but that is reality.