Mayor Johnson’s Team Secretly Offered $3.3 Billion To Buy Back City’s Parking Meters, Other Bidder Says

Mayor Brandon Johnson’s administration secretly offered $3.3 billion to reclaim Chicago’s parking meters, exceeding Stonepeak’s $2.5 billion winning bid. City officials withheld the bid details from the City Council under a confidentiality agreement, prompting criticism from alderpeople like Matt O’Shea, who accused the mayor of opacity.