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Morgan Stanley-Led Chicago Parking Meter Lease Faces City Council Pushback

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2026-07-13 12:08:23
Chicago’s City Council is moving to push back as 36,000 parking meters leased under a $1.15 billion deal are set to change hands, according to Bloomberg.

The lease, struck nearly two decades ago with an investor group led by Morgan Stanley, has remained a point of contention in the city.
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