[♪♪♪] >> GOOD EVENING AND WELCOME TO "THE WEEK IN REVIEW".

I'M PARIS SCHUTZ.

WE WILL BE JOINED BY OUR "THE WEEK IN REVIEW" IN JUST A MOMENT BUT FIRST, SOME OF TODAY'S TOP STORIES... >> THE BATTLE WITHIN THE ILLINOIS DEMOCRATIC PARTY APPEARS TO BE OVER.

ROBIN KELLY IS DROPPING OUT AND WILL NOT BE IN CONSIDERATION TO BE REELECTED BY HER PEERS TO ANOTHER TERM.

KELLY WAS ELECTED TO SERVE OUT THE CURRENT OF MIKE MADIGAN WHEN HE STEPPED THE DOWN AS PARTY CHAIR.

J.B. PRITZKER IS BACKING CICERO STATE REPRESENTATIVE ELIZABETH HERNANDEZ WHO LOOKS POISED TO GET THAT POSITION.

>> THE STATE IS SET TO GET A WINDFALL FROM A SETTLEMENT OF LAWSUITS AGAINST THE NATION'S THREE BIGGEST DRUG DISTRIBUTION DEW POINTS AND JOHNSON & JOHNSON.

THE $760 MILLION THE STATE IS TAPPED TO RECEIVE WILL GO TOWARD FUNDING RECOVERY AND TREATMENT PROGRAMS FOR OPIOID ADDICTION PART OF A $26 BILLION SETTLE.

WITH DRUG COMPANIES TO BE DISTRIBUTED TO STATINGS ACROSS THE COUNTRY.

IT'S PART OF THE ILLINOIS DEPARTMENT OF HUMAN SERVICES TO SPEND THE FUNDING OVER THE NEXT 18 YEARS.

>> AFTER YEARS OF LITIGATION, INCLUDING MORE THAN 4,000 LAWSUITS FILED BY STATE AND LOCAL GOVERNMENT OFFICIALS, INCLUDING BY OUR ATTORNEY GENERAL, ACCOUNTABILITY IS FINALLY ARRIVING >> WELL, SOMEONE MIGHT BE MORE THAN A BILLION DOLLARS WEALTHIER TONIGHT.

THE MEGA MILLIONS DRAWING HAPPENS AT 10:00 P.M. CENTRAL TIME.

45 STATES PARTICIPATE IN THE GAME WHICH HAS THE SECOND HIGHEST JACKPOT EVER AT $1.2 BILLION.

ILLINOIS' LOTTERY DIRECTOR STOPPED BY A CONVENIENCE STORE TO PLAY UP EVERYBODY'S CHANCES.

>> OVERALL ODDS FOR WINNING THE JACKPOT ARE ONE IN 303 MILLION.

LONG ODDS BUT LUCK.

SOMEONE ALWAYS WINS.

>> AND WE STRUCK THE JACKPOT WITH OUR PANEL JOINING US ARE... A.D. QUIG WITH THE "CHICAGO TRIBUNE".

STEVE DANIELS OF CRAIN'S CHICAGO BUSINESS.

DAN MIHALOPOULOS WITH WBEZ AND LAURA WASHINGTON OF THE "CHICAGO TRIBUNE" AND ABC7 CHICAGO.

LET'S DIG INTO IT.

DAN MIHALOPOULOS, JUST THIS AFTERNOON CONGRESSWOMAN ROBIN KELLY IS NOT GOING TO SEEK ANOTHER TERM AS HEAD OF THE ILLINOIS DEMOCRATIC PARTY.

WHY DID SHE DO THAT?

>> SHE DID NOT HAVE THE VOTES AND SHE DID NOT HAVE THE VOTES BECAUSE GOVERNOR J.B. PRITZKER WHO OPPOSED HER ELECTION IN THE FIRST PLACE LAST YEAR DID NOT WANT HER TO CONTINUE.

HE PREFERS THE PERSON WHO WILL NOW ALMOST CERTAINLY SUCCEED ROBIN KELLY AS HEAD OF THE ILLINOIS DEMOCRATIC PARTY AND THAT IS ELIZABETH HERNANDEZ FROM CICERO.

A MEMBER OF THE HOUSE DEMOCRATIC CAUCUS IN SPRINGFIELD.

IT WAS QUITE A PROXY BATTLE, PARIS.

ON THE ONE HAND YOU HAD GOVERNOR PRITZKER I JOTTED DOWN ALL THE PEOPLE ON THE DIFFERENT SIDES OF THIS BATTLE.

YOU HAD PRITZKER, BOBBY RUSH, GARCIA, CRISTINA CASTRO, CHRIS WELCH, AND KELLY HAD SENATOR DICK DURBIN, MAYOR LORI LIGHTFOOT, REPRESENTATIVE DANNY DAVIS.

SO IT WAS QUITE A BATTLE ROYAL WITHIN THE DEMOCRATIC PARTY AT A TIME WHEN THE ILLINOIS DEMOCRATS ARE SEEKING TO HOST THE NEXT DEMOCRATIC NATIONAL CONVENTION.

NOW THEY CAN PROVIDE A UNITED FRONT.

>> THEY EXPOSED A FISHER WITHIN THE PARTY.

AND HEAR ABOUT WHAT GOVERNOR J.B. PRITZKER HAD TO SAY EARLIER THIS WEEK.

>> IT'S THE SAME YOU KNOW CONVERSATION THAT WE'VE HAD BEFORE.

AND IT'S REALLY JUST ABOUT THE LEGAL.

I HAVE A LOT OF RESPECT FOR CONGRESSMAN KELLY AND SUPPORT HER IN MANY WAYS.

WE NEED TO RECONFIGURE THE WAY THE LEADERSHIP IS.

>> LAURA WASHINGTON HIS CLAIM WAS THAT CONGRESSWOMAN KELLY WAS NOT RAISING ENOUGH MONEY FOR THE PARTY SHE WAS HAMSTRUNG BY FEDERAL LAWS.

WAS IT REALLY ABOUT THAT?

OR IS THIS ABOUT A GOVERNOR THAT WANTS TO EXERT HIS WILL AND BE IN CHARGE OF THE PARTY?

>> BECAUSE SHE IS A FEDERAL OFFICIAL IT DID MAJOR IT MORE DIFFICULT FOR HER TO RAISE MONEY IN ILLINOIS.

BUT THEY HAD A WORK AROUND THAT WOULD ALLOW HER TO DO THAT AND THE FACT SINCE DURING HER TENURE SHE CLAIMS SHE RAISED $2 MILLION FOR THE PARTY.

THAT MAY OR MAY NOT HAVE BEEN THE REAL REASON.

THE BIGGER CONCERN FOR J.B. PRITZKER MAYBE HE WANTED TO CONTROL THE PARTY AND THE FUNDING AND THE FUND I RAKING.

BECAUSE HE HAS SUCH DEEP POCKETS.

BECAUSE HE IS THE GOVERNOR HE IS A WEALTHY BILLIONAIRE GOVERNOR, HE GIVES HIM A LOT OF INFLUENCE AND POTENTIAL CONTROL.

ON THE OTHER SIDE THE KELLY FOLKS WILL TELL YOU THAT IS NOT NECESSARILY A GOOD THING TO HAVE ONE MAN, ONE INDIVIDUAL CONTROL THE ENTIRE PARTY IN TERMS OF THE POCKETBOOK AND INFLUENCE.

THAT IS WHAT WE HAD WITH MICHAEL MADIGAN.

>> AND THAT IS WHAT THEY HAD FOR THE LAST 30 YEARS.

>> STEVE DANIELS THIS IS A BATTLE INSIDE BASEBALL SPILLED OUT INTO THE PUBLIC IS THIS SOMETHING THE PUBLIC SHOULD CARE ABOUT?

OR IS IT JUST INTERPARTY INSIDE BASEBALL THAT DOESN'T REALLY MATTER AT THE END OF THE DAY?

>> I THINK IT'S MORE THE INSIDE BASEBALL.

PEOPLE DON'T -- VOTERS DON'T PAY MUCH ATTENTION TO THIS SORT OF THING.

IT MATTERS TO PARTY INSIDERS.

AND IT PARTIES TO THE PEOPLE WHO ARE OUT ON THE STREETS AND THEY THERAPEUTIC KNOCKING THE DOORS AND THEY ARE IN THE ORGANIZATIONS.

SO, ORGANIZATIONALLY THAT KIND OF STUFF DOES MATTER.

IT MATTERS CERTAINLY TO THE VARIOUS RACIAL BLOCKS.

SO YOU'VE GOT A HISPANIC ON THE ONE HAND WHO WANTED AND A BLACK WOMAN ON THE OTHER WHO DIDN'T.

YOU CAN GET HURT FEEL FRTION THOSE SORTS OF THINGS AND THOSE CAN BE DAMAGING.

BUT FROM A VOTER'S POINT OF VIEW I DON'T THINK THEY CARE.

>> A LOT OF INTRIGUE THAT CAUSED FOLKS TO TALK ABOUT IT.

>> YOU KNOW, PARIS, ONE MORE THING.

IT WAS A RISKY STRATEGY FOR J.B. PRITZKER TO GO AFTER ROBIN KELLY GIVEN SHE WAS THE FIRST AFRICAN-AMERICAN WOMAN TO RUN THE PARTY.

AND THERE WERE ALLEGATIONS DURING THE FIGHT THAT THIS WAS AN INDICATION OF RACISM.

J.B. PRITZKER HAS TO BE CONCERNED ABOUT HIS BLACK AFRICAN-AMERICAN BASE.

AND SO STEVE MAYBE RIGHT IT MAY NOT SPILL OUT INTO THE PUBLIC BUT IT CREATES A PERCEPTION THAT JB WAS NOT SUPPORTIVE OF AN AFRICAN-AMERICAN LEADER IN THE PARTY THAT COULD COME BACK TO HAUNT HIM.

>> IT SHOULD BE NOTED PRITZKER LOST THE INITIAL ROUND WHEN HIS INITIAL CANDIDATE WAS AN AFRICAN-AMERICAN WOMAN MILITIA VEL HARRIS AND LOST TO ROBIN KELLY.

LET'S MOVE ON TO MAYOR LORI LIGHTFOOT SAYS THE CITY WILL NOT COOPERATE WITH ANY OUT OF STATE INVESTIGATIONS SOMEONE SEEKING AN ABORTION.

HERE IS A LITTLE OF WHAT SHE HAD TO SAY.

>> I'M PROUD TO SIGN AN EXECUTIVE ORDER THAT WILL PROHIBIT CITY DEPARTMENTS AND IN PARTICULAR, THE CHICAGO POLICE DEPARTMENT AND THE DEPARTMENT OF PUBLIC HEALTH, FROM PARTICIPATING IN ANY INVESTIGATIONS OR PROCEEDINGS WHERE STATES ARE SEEKING TO CIVILLY OR CRIMINALLY PENALIZE WOMEN OR OTHERS WHO ARE SEEKING REPRODUCTIVE HEALTHCARE IN ILLINOIS.

OR CHICAGO.

>> WE WILL NOT COLLABORATE WITH PEOPLE WHO WANT TO DENY WOMEN'S RIGHTS.

>> AD IS THIS SOMETHING THAT IS ENFORCEABLE LIKE INDIANA, WANTS TO INVESTIGATE A RESIDENT THERE WHO HAPPENS TO COME HERE FOR AN ABORTION?

>> IT WILL BE REALLY TRICKY AND WE WILL SEE THIS PLAY OUT IN MORE THAN ONE PLACE.

THIS IS PLAYING OUT IN THE COURTS FOR A LONGTIME.

THE OTHER THING THAT IS IMPORTANT TO NOTICE IT'S ONLY AN EXECUTIVE ORDER.

THE COUNCIL IS PLANNING ON TAKING UP AN ORDINANCE ON THIS LATER AND ALSO KEEP AN EYE ON A SPECIAL SESSION IN SPRINGFIELD THAT THE STATE SAYS DEMOCRATS WANT TO ENSHRINE MORE ABORTION RIGHTS.

THAT FIRST DAY OF THE ROE DECISION I WAS SPEAKING WITH ANTIABORTION FOLKS WHO SAID WE ARE GOING TO BE TAKING THE FIGHT TO ILLINOIS AND SURROUNDING BORDER STATES MIGHT PURSUE LEGISLATION TO PUNISH PATIENTS AND DOCTORS PURSUING ABORTION PROCEDURES.

I WILL BE INTERESTED TO SEE HOW THAT COURT BATTLE PLACE OUT AND OUT INTEGRAL ILLINOIS IS BECAUSE WE ARE AN ABORTION OASIS >> AND THE COURT DOCKETS WILL BE BUSY AND WHETHER OR NOT IT'S TRUNGS CONSTITUTIONAL TO INVESTIGATE YOUR RESIDENTS COMING TO ANY STATE FOR ANY REASON.

>> LAST EVENING, THE EVENTS OF LOLLAPALOOZA PERRY FARRELL SAID THE MAYOR'S AGREED TO ANOTHER 10 YEARS IN GRANT PARK OF LOLLAPALOOZA.

DOES THAT COMPORT WITH WHAT YOU KNOW ABOUT THE SITUATION?

>> NOT AT THIS TIME.

AS MY COLLEAGUE AND I TRACY AND I AT THE TRIBUNE REPORTED THERE WAS A SNAG IN THE NEGOTIATIONS.

WE WERE EXPECTING A DEAL TO BE ANNOUNCED SUNDAY NIGHT WHEN LOLLAPALOOZA ANNOUNCES THE DATES FOR NEXT YEAR.

BUT TRACY HEARD THERE WAS A SNAG OVER THE AMUSEMENT TAX THAT LOLLAPALOOZA OFFICIALS WANTED ASSURANCES THAT THE CITY WOULD NOT INCREASE THE AMUSEMENT TAX THAT DOUBLED OVER THE TIME SPAN OF THE LAST CONTRACT AGREEMENT OF 2012.

AND THEY DON'T WANT TO PAY IT ANYMORE.

WE'RE HEARING THEY ARE WORKING THOSE THINGS OUT AS REASONABLY AS 4:00 P.M. NO DEAL YET.

BUT I THINK OVERALL, THE CITY AND LOLLA ARE SURE THE SHOW IS GOING TO STAY HERE.

THEY ARE DOING GOOD THINGS IN CHICAGO THAT MAKE IT SEEM LIKE THEY WANT TO STAY FOR A LONGTIME.

THEY'VE FIGURED OUT HOW TO THROW THE SHOW.

THEY HAVE TO GET OVER THIS AMUSEMENT TAX.

>> AND THEY FIGURED OUT HOW TO DO THIS IN SECRECY, DAN MIHALOPOULOS AND REPORTERS TRIED TO FILE FREEDOM OF INFORMATION REQUEST TO GET THE CONTRACTS AND CITY COUNCIL MEMBERS ARE IN THE DARK.

DOES THERE NEED TO BE MORE TRANSPARENCY AROUND THIS?

>> ABSOLUTELY.

THAT IS ONE THING THAT WE AS REPORTERS CAN SHOW OUR BIAS ON FOR MORE TRANSPARENCY.

AND WE THINK THAT OBVIOUSLY THAT WOULD BE FOR EVERYONE.

THESE ARE PUBLIC PARKS.

THERE IS A HUGE IMPACT ON THOSE PARKS.

YES THERE IS AN IMPACT ON THE ECONOMY FROM HAVING THE EVENTS AND IT'S NOT JUST LOLLAPALOOZA.

WE'RE LOOKING AT DOUGLASS PARK AND MANY OTHER PARKS USED FOR A VARIETY OF ERENTS AND MORE AND MORE EVENTS.

AND I DO THINK IT'S FERTILE GROUND FOR REPORTERS TO LOOK AT WHAT THOSE DEALS ARE, HOW SUPPORT FOR THEM IS BUILT AND I THINK THAT IS AN AREA WHERE HOPEFULLY WE CAN MAKE HEADWAY IN THE PRESS THROUGH FREEDOM OF INFORMATION REQUESTS OR IF NECESSARY LAWSUITS.

>> IT SEEMS LIKE THIS MAYOR HAS NOT BEEN RECEPTIVE TO THAT LIKE THE FORMER MAYOR.

STEVE DANIELS NOT JUST THE CONCERTS, NOW WE LEARNED THIS NASCAR EVENT WILL CLOSE DOWN STREETS AROUND GRANT PARK FOR TWO WEEKS.

CAUSED DOWNTOWN ALDERMAN REILLY TO SAY IT'S TIME FOR CITY COUNCIL TO HAVE THE APPROVAL AUTHORITY OVER THESE SPECIAL EVENT PERMITS.

IS IT TIME FOR SOMETHING LIKE THAT?

>> WELL, I THINK THE NASCAR SITUATION WAS GOOD EXAMPLE OF WHAT DAN WAS JUST TALKING ABOUT.

A LOT OF SECRECY, YOU KNOW, BIG SPLASHY ROLL OUT OF WE'RE GOING TO HAVE THIS RACE ON CITY STREETS, YOU KNOW, HOW NOVEL IS THAT?

AND EXCITING, ET CETERA, ET CETERA AND MY COLLEAGUE GREG HYNES IT WILL CLOSE DOWN GRANT PARK OR ALL OF GRANT PARK FOR TWO WEEKS IN THE MIDDLE OF THE SUMMER.

I THINK MOST REASONABLE PEOPLE WOULD SAY YEAH, THAT SHOULD BE DEBATED IN CITY COUNCIL.

AND THE TRADE-OFFS SHOULD BE PLAIN.

AND IT'S NOT JUST PRESENTED AS A FAIT ACCOMPLI AND THIS IS WHAT IT ALL IS AND PLEASE RUBBER STAMP THIS AS PAST CHICAGO MAYORS HAVE DONE OVER AND OVER AGAIN.

THAT IS A REAL GOOD EXAMPLE, I THINK, OF MAYBE SOME OVERREACH.

OVERREACH, AND SOME NEED FOR REAL HONEST CONVERSATION ABOUT THE TRADE-OFFS.

IT MAY ALL BE WORTH IT, BUT LET'S TALK ABOUT IT.

>> TO THE POINT ABOUT TRANSPARENCY WE HEARD FROM THE PARK DISTRICT THAT THE PARK DISTRICT BOARD IS NOT GOING TO VOTE BECAUSE BOTH DEALS ARE MAKING MONEY FOR THE PARK DISTRICT SO THEY DON'T NEED TO GO BEFORE THE BOARD FOR APPROVAL WHICH TICKS ME OFF.

>> A LOT OF CONFUSING.

BECAUSE THE PARK DISTRICT IS MAKING MONEY THEY HAVE TO RECUSE THEMSELVES AND NOT VOTE ON IT?

>> YES, THEY ARE SAYING BECAUSE IT'S THE PARK DISTRICT IS SPENDING MONEY THEY ARE MAKING MONEY THEN IT DOESN'T TAKE A VOTE.

>> I'M CONFUSED.

>> SPEAKING OF PARK DISTRICT CONTRACTS THEY HAVE HAD THE CONTRACT WITH THE BEARS AND SOLDIER FIELD AND THIS WEEK MAYOR LIGHTFOOT IS ANNOUNCING A PLAN OF POSSIBLY PUTTING A DOME ON THE STADIUM.

IS THIS A SERIOUS PROPOSAL OR AN EXERCISE TO MAKE IT LOOK WE DID ALL WE COULD TO FOR THE BEARS GOING TO ARLINGTON HEIGHTS.

>> I THIS THIS IS ANOTHER EXAMPLE WHAT WE HAVE BEEN DISCUSS SOMETHING THE LACK OF TRANSPARENCY AND THE LACK OF SPECIFICITY.

THE BIG FANCY ROLL OUTS SHE IS TALKING ABOUT A DOME AND SHE HAS SEVERAL THREE OR FOUR OPTIONS SHE IS PRESENTING.

BUT DOESN'T HAVE MUCH TO SAY WHERE THE DOCTORS ARE GOING TO COME FROM.

THERE ARE ASSERTION OF NAMING RIGHTS YOU SAW PAT QUINN HAS COME OUT STRONGLY TO SAY HE THINKS THAT IS THE WRONG APPROACH FOR SOLDIER FIELD BECAUSE OF THE SIGNS OF THE SOLDIERS AT THE WAR MEMORIAL.

AGAIN, A LOT OF FLASHY HEADLINES BUT NOT SPECIFICS HOW IT WOULD WORK OR IF IT'S FEASIBLE.

>> I BROUGHT UP THIS WEEK THAT THE CITY FOR THE HOTEL TAX PAYING OFF THE CURRENT REHAB THAT HAPPENED 20 YEARS FOR ANOTHER 10 YEARS.

AND IT'S GOT $640 MILLION TO GO IN PRINCIPLE AND INTEREST.

IS THERE ANY APPETITE FROM TAXPAYERS TO NOW PUT ANOTHER $2.PLUS ON TOP OF THAT?

>> NO, I DON'T THINK SO.

WE'VE WRITTEN OVER THE YEARS AND REPORTED OVER THE YEARS ON THE ISSUES WITH SOLDIER FIELD WHEN THE ECONOMY WAS DOWN AND THEY RELY ON A LOT OF TAXES FROM HOTELS.

IF THERE IS A SHORTFALL, THE CITY WAS HOLDING THE BAG.

AND LIKE YOU SAID, THERE IS STILL A LOT OF MONEY TO BE PAID OFF FROM THAT DEAL ON ALREADY THE BEARS COULD BE LOOKING FOR GREENER PASTURES FAR TO THE NORTHWEST OF DOWNTOWN BEFORE THAT MONEY IS PAID OFF.

YOU KNOW, I THINK REALLY ONE OF THE THINGS THAT THE MAYOR TALKED ABOUT WAS THERE ARE PLENTY OF CITIES WITH TWO NFL TEAMS.

I DON'T FOLLOW FOOTBALL AS CLOSELY AS I DID BACK IN THE DAY, BUT I LOOKED AT THE LIST OF NFL TEAMS AGAIN THERE'S TWO CITIES WITH TWO TEAMS, LA AND NEW YORK.

AND UNLESS SHE IS GOING TO PULL A RABBIT OUT OF THE HAT AND BRING THE NEW YORK JETS OR THE CHARGERS I THINK IT IS A LOT OF BLUSTER -- LUIS FER FOR THE CITY.

THEY ARE LIMITED BY THE DEAL THEY MADE FOR SOLDIER FIELD.

THEY ARE GOING TO EXPAND FROM 61500 TO 70,000?

IT'S STILL SMALL COMPARED TO THE NEW STADIUMS THAT COMPETING TEAMS HAVE OUT THERE.

>> YOU ARE A BIGGER CHICAGO FIRE FAN.

BUT STEVE, IN THE BOTTOM LINE IS THE BEARS WANT TO OWN THEIR OWN STADIUM THEY HAVE HAD TO DEAL WITH THE PARK DISTRICT FOR SO MANY YEARS.

AND THE NFL IT'S ALL ABOUT MAKING MONEY AND THE WAY YOU MAKE MONEY IS TO OWN EVERYTHING.

SHORT OF GIVING THE BEARS AN OPPORTUNITY TO BUILD THEIR OWN STADIUM IN THE CITY OF CHICAGO ARE THEY BASICALLY GONE, AREN'T THEY?

>> I THINK SO.

AND YOU KNOW, WHEN THEY STRUCK THE DEAL WITH ARTICLE TON PARK FOLKS THE WRITING WAS ON THE WALL RIGHT THEN.

THAT IS THE DIRECTION THE NFL IS GOING.

THE HUGE PALACE IN LOS ANGELES IS SORT OF THE TEMPLATE NOW FOR THESE OWNERS.

IT IS NOT JUST A FOOTBALL STADIUM IT'S A WHOLE EXTRAVAGANZA AROUND THE STADIUM.

GAMBLING AND BETTING.

REVENUE.

>> HOTELS AND APARTMENTS.

>> I JUST AT THIS STAGE OF THE GAME I THINK IT'S DONE UNLESS THERE IS A GLITCH ON ARLINGTON HEIGHTS AND YOU NEVER KNOW, THEY'RE GONE.

>> ANYTHING COULD HAPPEN THERE.

A.D. QUIG A DEAL THAT DOES LOOK POISED TO GET DONE AND THIS IS GOOGLE BUYING THE THOMPSON CENTER FOR $105 MILLION.

THE STATE WILL USE 75 MILLION TO TAKE UP SHOP IN THE FORMER BMO HARRIS BUILDING ACROSS THE STREET.

THERE WAS A TENTATIVE DEAL WITH A REAL ESTATE GROUP CALLED PRIME.

WHEN DID GOOGLE COME INTO PLAY HERE?

>> CRAIN'S MY COLLEAGUES AT CRAIN'S DID GREAT BEHIND THE SCENES REPORTING HOW THE DEAL WAS MADE IN SECRET.

THEY CALL TO DO PROJECT HERCULES AND IT CAME TOGETHER IN SECRET AND HAD TO BE DONE LOW KEY BECAUSE GOOGLE IS SO SECRETIVE.

INSTEAD OF STATE COMING BACK TO LEASE PART OF THE THOMPSON CENTER THEY WILL GO TO BMO.

THIS IS A BIG DEAL FOR A BUNCH OF REASONS.

CHICAGO'S TECH COMMUNITY BECAUSE GOOGLE PLANS ON EXPANDING FROM A HUB TO AN OUTPOST.

AND OTHER COMPANY ALSO SUPPORT GOOGLE.

THIS IS A BIG DEAL FOR LASALLE STREET EXPERIENCING A TON OF COMMERCIAL VACANCIES.

PEOPLE ARE MOVING TO FULTON MARKET OR OTHER PLACES.

THIS IS A BIG DEAL FOR PRITZKER IT GETS THE THOMPSON CENTER OFF THE STATE'S BOOKS AND GIVES HIM [INAUDIBLE] >> LAURA WASHINGTON ARE YOU SURPRISED AT THIS DEAL GIVEN THE FACT IT SEEMS THE LOOP FACED HEADWINDS AND NOW ONE OF THE BIGGEST TECH COMPANIES IS MAKING A BET IT COULD BE A BOOMTOWN FOR TECH COMPANIES IN THE FUTURE?

>> WELL, AS AD SAYS IT IS A WIN-WIN FOR EVERYONE.

AND THE THOMPSON CENTER FOR ALL THE NEGATIVE THINGS AND THE CRITICISMS OF IT IS AN ICONIC BUILDING THERE IS NO OTHER BUILDING LIKE IT IN THE COUNTRY.

AND GOOGLE, ANY COMPANY WOULD WANT TO BE IN A BUILDING THAT WAS SPECIAL AND UNIQUE THAT WOULD STAND OUT IT WOULD BE A COMPANY LIKE GOOGLE.

FULTON MARKET IS A HOT AREA.

AND THAT IS LARGELY BECAUSE GOOGLE LOCATED THE HEADQUARTERS THERE.

AND NOW THERE IS AN OPPORTUNITY FOR GOOGLE TO MAYBE TO HELP TO TRANSFORM ANOTHER AREA, AN AREA IN GREAT NEED FOR SUPPORT.

AND I THINK IT'S NOT JUST THE TECH COMPANIES WILL HELP OCCUPY THE SPACES THAT ARE BADLY NEEDED TO BE OCCUPIED BUT THEY HAVE A LOT OF CACHET.

THEY BRING YOUNG PEOPLE THE PEOPLE WITH STYLE TO THE FACILITIES.

THEY ENCOURAGE MORE RESTAURANTS AND ENTERTAINMENT.

I THINK THIS IS THE KIND OF MOVE YOU WANT AND A COMPANY YOU WANT TO BE IN THAT BUILDING.

>> STEVE DANIELS THIS IS THE BEGINNING OF A COMEBACK FOR THE LOOP?

>> I THINK IT IS A BIG DEAL AND I THINK EVERYBODY AGREES ON THAT.

YOU KNOW, IT'S GOOGLE IS GOING TO HAVE PEOPLE IN THE BUILDING.

THAT BUILDING FOR -- EVERYONE OF US HAS BEEN IN IT ONE TIME OTHER ANOTHER.

IT IS UNSUITED FOR GOVERNMENT BUREAUCRATS.

>> I WAS MAKING THE POINT ON THE RADIO WHEN YOU ARE IN THE GOVERNOR'S OFFICE AT THE THOMPSON CENTER YOU CAN HEAR PROTESTS IN THE ATRIUM.

WHICH IS A COOL THING BUT GO AHEAD.

>> IT DOESN'T SCREAM OUT BUREAUCRAT TO ME AND NEVER HAS.

YOU KNOW, TO HAVE IT REDONE AND YOU KNOW, THE OPEN ARCHITECTURE THAT TECH COMPANIES LIKE IT'S PERFECT FOR THAT.

YOU'RE INVIGORATING A PART OF THE CITY THAT'S HURTING THE LASALLE STREET SITUATION IS A QUANDARY.

TRADITIONALLY, THE FINANCE CORRIDOR FOR THE CITY OF CHICAGO AND ALL OF THE BANKS AND BIG COMPANIES NOT ALL OF THEM BUT A LOT OF BIG ONES ARE DECAMPING FOR WHACKER AND SO IT'S JUST IN NEED OF REIMAGINING.

AND GOOGLE IS JUST A HUGE STEP FORWARD IN DOING THAT.

THIS IS A VERY, VERY IMPORTANT -- >> AND THE SUPER STATION.

DAN?

>> UNDERSCORING HOW BIG IT IS IF YOU LOOK AT THE NUMBER CENTRAL LOOP VACANCY FROM THIS DEAL WILL GO FROM 22% VACANT TO 16%.

AND THAT COMPARES FAVORABLY TO OTHER OFFICE MARKETS AROUND THE COUNTRY.

THAT UNDERSCORES HOW BIG A DEAL IT IS.

IT'S 2,000 EMPLOYEES INSTEAD OF THE 1800 EMPLOYEES.

BUT A LOT OF THOSE STATE EMPLOYEES ARE GOING TO OTHER PARTS OF DOWNTOWN AND IT'S NOT JUST THEM.

YOU HAVE TO ASSUME THEY MAKE MORE MONEY THAN STATE EMPLOYEES.

I DON'T KNOW THE NUMBERS ON THAT.

THIS ARE PRIVATE SECTOR IN MANY CASES HIGHLY TRAINED AND EDUCATED WORKERS.

I THINK IT WILL BRING A DIFFERENT SORT OF VIBRANCY TO AN AREA THAT IS HURTING WHEN YOU LOOK AT BLOCK 37 AND THE VACANCIES THERE.

AND YOU LOOK AT JUST WHAT'S HAPPENED SINCE THE BEGINNING OF THE PANDEMIC TO MANY DOWNTOWN OFFICE MARKETS.

STATE STREET, TOO, COULD BENEFIT FROM THIS AND STATE STREET IS STRUGGLING RIGHT NOW WITH RETAIL CLOSURES.

>> AND OUT OF THE LOOP, THE MAGNIFICENT MILE STRUGGLING.

AND STRUGGLING IS THE NATIONAL ECONOMY, TWO STRAIGHT QUARTERS OF CONTRACTION IN GDP.

A LOT OF DEBATE WHETHER THE ECONOMY IS ACTUALLY IN RECESSION.

DAN MIHALOPOULOS, WHAT IS ALL -- DOES THIS ALL MEAN FOR THE AVERAGE CONSUMER ESPECIALLY WITH THE NEWS THE FED IS HIKING RATES AGAIN?

>> THEY ARE HIKING RATES BECAUSE THEY ARE DEALING WITH INFLATION THAT WE HAVE NOT SEEN IN DECADES.

YOU KNOW, INFLATION FOR MANY YEARS HAS BEEN VERY, VERY LOW.

YOU KNOW, STATE EMPLOYEES WITH THEIR PENSIONS GET THIS COST OF LIVING ADJUSTMENT A COLA OF 3% AND THAT'S BEEN A GREAT DEAL FOR THEM.

NOT SO MUCH FOR THE STATE OF ILLINOIS AND THE REST OF THE TAXPAYERS.

[APPLAUSE] PGH INFLATION WAS SO LOW.

AND NOW WHAT DID WE SEE?

9.1%.

IT COULD BE A HUGE ISSUE FOR THE DEMOCRATS AND JOE BIDEN GOING INTO THE MIDTERM ELECTIONS IN NOVEMBER.

AND HEADING TOWARD 2024 IS NOT JUST GAS PRICES.

A LOT OF THINGS HAVE GONE UP IN COST HERE AND ACROSS THE COUNTRY.

AND REALLY ACROSS THE WORLD TO A GREAT EXTENT ACROSS THE DEVELOPED INDUSTRIALIZED WORLD.

>> WE ANTICIPATE WASHINGTON WEEK WILL TAKE UP THE CONVERSATION ON THIS.

WE ARE OUT OF TIME.

OUR THANKS TO A.D. QUIG, STEVE DANIELS, DAN MIHALOPOULOS AND LAURA WASHINGTON.

AND THAT IS OUR SHOW FOR THIS FRIDAY NIGHT.

YOU CAN GET "CHICAGO TONIGHT" AND "THE WEEK IN REVIEW" STREAMED ON FACEBOOK, YouTube AND OUR WEBSITE, WTTW.COM/NEWS.

AND THEN WE'RE BACK AT 7:00 P.M. ALL NEXT WEEK.

AND NOW FOR "THE WEEK IN REVIEW" I'M PARIS SCHUTZ.

THANK YOU SO MUCH FOR WATCHING.

STAY HEALTHY AND SAFE AND ENJOY THIS WONDERFUL WEEKEND!

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