Real estate groups challenge 'Bring Chicago Home' referendum in Illinois Supreme Court

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Real estate groups challenge 'Bring Chicago Home' referendum in Illinois Supreme Court
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The battle over the “Bring Chicago Home' referendum question is not over just yet, as real estate groups take the fight to the state Supreme Court, labeling the question as misleading and manipulative.

The battle over the "Bring Chicago Home" referendum question is not over just yet, as real estate groups take the fight to the state Supreme Court, labeling the question as misleading and manipulative.Critics of Bring Chicago Home call it log-rolling, asserting that Mayor Brandon Johnson's administration is bundling the referendum with more attractive elements when it's really a tax hike.

Farzin Parang, the executive director of Building Owners and Managers Association of Chicago, expressed concerns that this would exacerbate a growing problem, citing Chicago's high office building vacancy currently at 23 percent."Office buildings pay for everybody else's property taxes in their homes. So this is a backdoor property tax. And it's also the office industry's support is dominated by union jobs of every demographic, every corner of the city.

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