Hospital operator turns down subsidy for Downtown HQ after Burke scandal

The embattled alderman oversaw a controversial 2018 vote to grant Presence Health $5.5M in TIF money

Chicago /
May.May 17, 2019 11:00 AM
Alderman Ed Burke and AMITA Health Saints Mary and Elizabeth Medical Center (Credit: Wikipedia and Google Maps)

Alderman Ed Burke and AMITA Health Saints Mary and Elizabeth Medical Center (Credit: Wikipedia and Google Maps)

A hospital operator is turning down a city subsidy for its Downtown offices amid the growing scandal involving embattled Alderman Ed Burke (14th).

In January 2018, Burke oversaw a City Council committee hearing that approved $5.5 million in tax increment financing for Presence Health, part of an incentive package for the Catholic health system to open a new headquarters at 200 South Wacker Drive, according to the Sun-Times. The vote faced fierce opposition because of Presence’s anti-abortion policy.

Earlier this month, the Chicago Board of Ethics fined Burke $2,000 for presiding over the meeting despite having previously represented Presence through his private property tax appeal law firm.

After AMITA Health acquired Presence and its 10 Chicago-area hospitals in December, it requested an extension for finalizing the TIF agreement, the Sun-Times reported. But this week, AMITA CEO Mark Frey announced his group “has decided not to complete the paperwork required to finalize the Presence Health TIF agreement,” with no further explanation.

Fresh off his re-election victory in February, Burke is set next week to be sworn in for his 13th term in the City Council. But the alderman is still facing federal charges in an alleged extortion scheme, and he’s been tarnished by a trickle of smaller scandals in the interim. [Sun-Times]Alex Nitkin


Related Articles

arrow_forward_ios
Shapack Partners CEO Jeff Shapack, the Bridgford Foods plant at 170 N. Green Street, and Clayco Bob Clark (Google Maps, Clayco) 
Fulton Market project features 40-story commercial building
Fulton Market project features 40-story commercial building
Julie Thick, central region market manager, JPMorgan (JPMorgan, iStock/Illustration by Steven Dilakian for The Real Deal)
JPMorgan’s Julie Thick sees strong demand for Class A offices in Fulton Market, suburban warehouses
JPMorgan’s Julie Thick sees strong demand for Class A offices in Fulton Market, suburban warehouses
Fritz Kaegi, Cook County assessor (Getty Images, iStock/Illustration by Steven Dilakian for The Real Deal)
Cook County assessor Kaegi’s office collects $15M of ineligible tax exemptions
Cook County assessor Kaegi’s office collects $15M of ineligible tax exemptions
Kiser Group's Noah Birk and Aaron Skar with 7800, 7806 and 7822 South Laflin in the South Side neighborhood (Kiser Group)
Chicago multifamily properties attracting out-of-state buyers: Kiser Group’s Birk, Sklar
Chicago multifamily properties attracting out-of-state buyers: Kiser Group’s Birk, Sklar
Merchandise MART and Vornado VP Glen Weiss (Loopnet, LinkedIn)
Chicago’s Merchandise Mart getting another renovation
Chicago’s Merchandise Mart getting another renovation
(iStock)
Downtown Chicago occupancy trends in right direction
Downtown Chicago occupancy trends in right direction
Henry Kravis, co-founder and co-executive chairman, KKR (KKR); and Logistics Property In Suburban Chicago area (Crow Holdings)
KKR fund buys 923K sf three-building logistics property in suburban Chicago as part of $264M deal
KKR fund buys 923K sf three-building logistics property in suburban Chicago as part of $264M deal
A rendering of "43 Green," the planned development on the corner of Calumet Avenue and 43rd Street (Chicago Department of Planning & Development)
Mixed-use development set to bring housing, retail to Bronzeville
Mixed-use development set to bring housing, retail to Bronzeville
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...