SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Fun with Google

Tuesday, May 30, 2006

This story leads to a little fun with Google.

Six months after buying the largest parcel of vacant land near the Loop, an Iraqi-born billionaire is putting up for sale a key piece of the property, which has defied development despite the torrid downtown residential real estate market. […]

Chicago-based U.S. Equities Realty LLC and Eastdil Secured LLC of New York have been hired to market the 17-acre parcel, says Michael Rumman, CEO of Heritage Development Partners LLC, which manages the project for a London affiliate of General Mediterranean Holding S.A., a conglomerate owned by investor Nadhmi Auchi. The parcel being marketed is slated to have about 670,000 square feet of retail and up to 2,000 residential units.

Iraqi-born billionaire Nadhmi Auchi is selling 17 acres at the north end of the former Rezmar site in the South Loop. […]

It is another setback for the star-crossed proposal, which was announced in early 2001 but has been ensnared by a series of obstacles: the breakdown of a deal with retailer Ikea, financial troubles, and controversy surrounding Democratic fund-raiser Antoin “Tony” Rezko, who retains an interest in the site. […]

Chicago-based Heritage, which is co-owned by Messrs. Rumman and Rezko, took over management after General Mediterranean paid $131 million for the site to a partnership led by developer Daniel Mahru and Mr. Rezko, an entrepreneur with ties to Gov. Rod Blagojevich.

Rumman also worked for Blagojevich as the embattled director of CMS.

Blagojevich knows Auchi as well.

Rod Blagojevich, Illinois’ governor, said that his state “welcomes General Mediterranean Holding’s (GMH) investments, and is ready to provide the necessary means for them to succeed.

A welcoming reception was held for Mr Nadhmi Auchi Chairman of GMH, who is touring the United States.

“Illinois is an important investment opportunity for big companies,” said Blagojevich.

Ministers from State of Illinois, businessmen, and congressmen were also present in the dinner held in his honor.

- Posted by Rich Miller        


4 Comments
  1. - VanillaMan - Tuesday, May 30, 06 @ 11:01 am:

    Politics and business scrub one another’s backs. So this isn’t big news except for one thing. That is the current governor ran as a virgin intent on reforming our corrupted political system. So, what’s worst; a George Ryan a guy you know works the system, or a Rod Blagojevich a guy that will lie to your face as he works the system.

    I prefer a honest crook to Blagojevich. I don’t care how much Blagojevich drags Ryan’s name into this campaign; all he seems to be doing is showing just how poorly he compares to old George.


  2. - NW burbs - Tuesday, May 30, 06 @ 5:29 pm:

    Thank God a reporter knows how to actually use Google… These reporters clearly do not. (Hat tip to Larry.)


  3. - Ashur Odishoo - Tuesday, May 30, 06 @ 6:31 pm:

    Rod makes George Ryan look like an amateur. Sure, George was guilty of “business as usual”, but Blago has turned selling $100 fundraiser tickets out of the SoS office to $100,000 campaign contributions for no-bid contracts. Absolutely shameless, and if 1 out of 10 rumors about his personal life is true, I suspect he will end his life alone and in jail.

    Ashur Odishoo
    Candidate
    State Representative 11th District


  4. - Arthur Rubloff - Tuesday, May 30, 06 @ 8:53 pm:

    Great post, Larry. When was the last time we heard the word “kerfluffle”?

    By the way, if y’all are into Googling, see if you can figure out who might have “introduced” Rezko to DeBartolo. Remember that they both ended up with special lease deals at the tollway for their fast food shops before this thing popped up. Clue: He could speak to one of them in their common native language.


Sorry, comments for this post are now closed.


* Surprise! Moody's says Exelon bailout is "credit positive"
* Kennedy: "I'm in"
* ILGOP operative defends tracker involvement
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* *** UPDATED x2 - Cullerton responds *** Rauner won't schedule leaders meeting until Dems "are ready"
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............
<


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

  
* Bluetooth 5 will bring higher speeds, better range and a focus on IoT
* Pokémon Go to Get New Pokémon as Starbucks and Sprint Stores Become Pokéstops and Gyms
* Premium-looking Samsung Galaxy A3 (2017) and A7 (2017) are rendered ahead of launch
* Pokémon Go is officially teaming with Starbucks for 7,800 new Gyms and PokéStops
* [TA Deals] Use True Key to store and protect all of your passwords
* Super Mario Run first month revenue projected at over $70M
* Black Pearl Galaxy S7 Edge debuts in ‘select markets’, Blue Coral reaches India

* Moncada welcomes expectations awaiting White Sox
* In span of day, White Sox system skyrockets
* Kopech next in long line of Texas fireballers
* White Sox land Giolito, 2 more prospects for Eaton
* In rebuild mode, Hahn has 5 assets to deal
* White Sox GM Rick Hahn is the prospect collector
* Best prospects traded in past 25 years

...............


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress

Loading


* RAUNER balks on talks — RAHM meets with TRUMP, .....
* Rauner was looking for any excuse to veto CPS b.....
* Rauner asks Democrats for budget proposal, dela.....
* Rauner asks Democrats for budget proposal, dela.....
* Signing of Exelon energy bill touted..
* Bernard Schoenburg: Bustos gets leadership post.....
* Exit interview..
* Morning Spin: Rauner fights with union over $1,.....
* Illinois Issues: Great American Divide..
* Rauner asks Democrats for budget proposal, dela.....


* 1 held after shot fired at Chicago police; no injuries
* EXCHANGE: Retired Mendota detective now helps kids
* Energy Department grants to fund Illinois CO2 projects
* Suburban tobacco store manager sentenced in tax case
* Group offers reward to fight dog fighting in DuPage County
* Illinois firearm deer harvest down 8.5 percent this year
* Chicago officer convicted of perjury, 2 officers acquitted
* Doctor: candy that sickened students contained marijuana
* Purported Chicago gang leader to jurors: Gang never existed
* Illinois Gov. Rauner signs bill sparing 2 nuclear plants

* Springfield-area veterans join pipeline protest
* Rauner asks Democrats for budget proposal, cancels meeting
* Comptroller: State employee bonuses on hold during impasse
* Rauner signs Exelon subsidy to spare 2 nuclear plants
* Rauner to sign Exelon subsidy to spare 2 nuclear plants
* Judge blocks administration from imposing contract on AFSCME
* State budget still elusive as leaders lash out
* Illinois budget still elusive as leaders lash out
* Killer of former central Illinois man sentenced to probation
* Prosecutors: Don't move Aaron Schock trial out of Springfield

* Michael Jordan wins trademark case in China
* Online consigner Swap.com nabs $20 million
* So you want to be a 40 Under 40
* Twins in Chicago's tech sector—separately
* Lothian hands CEO title to newsletter editor


* Emerson, Lake and Palmer founder Greg Lake dies at 69
* Obama guidance, press schedule Dec. 8, 2016. Congressional Ball
* Man shot in chest in Little Village
* No Red Line trains on South Side due to medical emergency
* S.E. Cupp: Donald Trump’s America, and the rise of anarchy
* An Elf, Beasts, among 50 top-selling books Dec. 1-8, 2016
* Man, 65, stabbed in West Loop
* ‘Miss Sloane’: For a big juicy treat, let’s all go the lobbyist
* Read Options: Can Leonard Floyd be defensive rookie of the year?
* Man charged with Edgewater armed robbery


* Lincoln Park mansion for sale at record $50 million asking price
* Red Line service suspended between Garfield and 95th after person hit by train
* Emerson, Lake and Palmer founder Greg Lake dies at 69
* Morning Spin: Rauner fights with union over $1,000 bonuses
* The 'faithless few': All the times electoral college members voted their own way
* Skilling: Coldest in 10 months, but colder yet next week after snow
* Why is the Bears question about Vic Fangio's exit and not John Fox's?
* Dog, man die after it alerted couple to fire in Southwest Side home
* Portillo's to open new restaurant in Champaign
* Indiana man says he was stabbed by Klan leader in N.C. over internet comments feud


The widget AQL4JYGHIY powered by Feed Informer does not exist.


* Bernard Schoenburg: Bustos gets leadership post, criticizes Rauner
* Our View: Lawmakers should withdraw their lawsuit over paychecks
* George Will: The sensitivity police strike again
* Eugene Robinson: The proliferation of fake news presents real perils
* Guest Column: The Trump Administration faces extremism/terrorism
* Springfield-area veterans join pipeline protest
* Rauner asks Democrats for budget proposal, cancels meeting
* Comptroller: State employee bonuses on hold during impasse
* Rauner signs Exelon subsidy to spare 2 nuclear plants
* Rauner to sign Exelon subsidy to spare 2 nuclear plants


* Cold wave to intensify across the Corn Belt
* Man sentenced to three years in prison for theft in Jackson County court
* Anonymous donor to match the money received in red kettles Saturday
* Clinton to interview 5 for administrator job
* Entertainment listings, Dec. 8-14, 2016
* Moon walking: Allerton's night hikes gaining popularity
* Club listings, Dec. 8-15, 2016
* Notes-Worthy: Rod and Zac Sickler
* Pulling rank
* Left is sinking UI's reputation


* The Latest: Speaker's office says time is up on energy bill
* Thousands expected for Our Lady of Guadalupe celebration in Des Plaines
* Oklahoma's Westbrook takes small-town skills to big stage
* Adolf Burger, inmate forced by Nazis to forge money, dies
* Rollback of truck safety rules may be just the beginning

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Retiring Reid Reminisces on Merry Reagan D......
* Durbin, Gutierrez Launch New 'Chicago is W......
* Sen. Durbin Wants Tough Questions For Trum......

* Sen. Mark Kirk Praised During Senate Floor......

* 2018 Illinois governor's bid could be "Race of the Billionaires"
* Trump will nominate WWE co-founder to "go to the mat" for small businesses
* Chicago’s “entrenched interests.”
* Girl, 13, Missing From Uptown Hospital
* How times change; Rahm now our ally in upcoming political fight w/ Trump
* Santa Sleighed
* Roller Skate With Santa At Margate Park
* Illinois Bible Colleges Head to Court of Appeals
* Thorner: Grassroots pushback essential for Trump to appoint pro-life nominee
* IL GOP jabs possible Dem gubernatorial nominee, three more lawmakers


* Governor’s Export Awards Recipients Announced
* Governor Signs Legislation to Protect Jobs, Ratepayers and Taxpayers
* Give The Gift Of A Lifetime With A College Illinois!® 529 Prepaid Tuition Plan - College Illinois! can help limit or even eliminate future student loan debt
* Illinois Department of Veterans’ Affairs Hosts 75th Pearl Harbor Remembrance Day Ceremony
* IDHR Issues Reminder of Fair Housing Rights During Holiday Season - State law prohibits targeted, discriminatory restrictions on decorations and celebrations




      Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller