Bespoke

Month: October 2023

How Chicago landlords get drilled by Johnson’s transfer tax tweaks

Mayor’s proposal would quadruple rate on deals of $1.5M or more Mayor Brandon Johnson’s newly proposed transfer tax tiers are bringing Chicago’s commercial landlords to tears, and some claim tenants could be forced to absorb the extra cost. “It’s not like these big, rich boogeyman landlords are taking the brunt of all of this,” Peter …

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