Ald. Edward Burke dumped as tax lawyer by developers of Lincoln Yards, ‘The 78’ . Tony Rezko's name Pops Up Again...

The Chicago Sun-Times reports:

For 10 years, Sterling Bay, one of Chicago’s biggest developers, used Ald. Edward M. Burke’s law firm Klafter & Burke to seek property tax cuts. But not anymore.

The firm behind the massive Lincoln Yards development proposed for the North Side has cut ties with Burke now that the alderman faces a corruption charge that threatens to send him to prison and end the reign of Chicago’s longest-tenured and most powerful City Council member.

“Klafter & Burke does not currently work on any property in our portfolio,” according to Sarah Hamilton, a spokeswoman for Sterling Bay, which also is heavily involved in the bustling Fulton Market area west of the Loop. “We have worked with Klafter & Burke in the past, and the firm had some involvement on a limited number of our properties.

“But given recent events, we have terminated the use of their services. Currently, Klafter & Burke has no work with Sterling Bay.”

Another big developer, Related Midwest, which is partners in plans to develop 62 acres in the South Loop, also has dumped Burke as its property tax lawyer.

An article well worth your time in understanding Chicago.