Chicago Mob Linked Alderman Burke to Propose Regulating Condo Rentals

Crain's Chicago Business reports:

A City Council committee on Monday will consider a proposed ordinance that would regulate short-term rentals in condominium buildings, a practice that has spurred complaints from some high-rise residents that their buildings have morphed into de facto hotels.

Under the measure proposed by aldermen Brendan Reilly (42nd) and Edward Burke (14th), condo owners who want to rent out their units for short vacation stays would be subject to licensing fees, inspections and taxes. Opponents of the proposal say it unfairly infringes on their property rights.

For a look at how the Chicago Mob "rented" out Alderman Burke.