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Coverage dated September 15, 2026 to September 17, 2026

'Lemonade out of lemons': Alders negotiate sweetened deal for Chicago parking meters

Headline from WGN Chicago

In 2008, Mayor Richard Daley sold the city's parking meters for $1 billion. It's been called one of the worst deals in municipal history.

WGN Chicago's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

5 articles, oldest first.

  1. ABC 7 Chicago

    Chicago aldermen say they've reached new parking meter deal, including profit share (opens ABC 7 Chicago)

    Published

    ABC 7 Chicago's feed description

    A group of Chicago aldermen say they've reached a new deal with the company that wants to buy the city's parking meters.

  2. Sun Times

    City Council leaders broker compromise on parking meters, focus of the deal Chicagoans love to hate (opens Sun Times)

    Published

    Sun Times's feed description

    City Council leaders have brokered a deal that could pave the way for approval of a New York investment firm to acquire Chicago's parking meters for $2.5 billion, in exchange for a host of lucrative benefits for the city and motorists.

  3. WGN Chicago

    'Lemonade out of lemons': Alders negotiate sweetened deal for Chicago parking meters (opens WGN Chicago)

    Published

    WGN Chicago's feed description

    In 2008, Mayor Richard Daley sold the city's parking meters for $1 billion. It's been called one of the worst deals in municipal history.

  4. Sun Times

    A potential new parking meter deal (opens Sun Times)

    Published

    Sun Times's feed description

    Good morning, Chicago. ✶ 🔎 Below : City Council leaders brokered an agreement that could pave the way for a New York firm to acquire Chicago's parking meters — but unlike former Mayor Richard M. Daley's long-despised deal, it would include lucrative benefits for the city and motorists.

  5. Sun Times

    Parking meter compromise is a better deal for Chicago taxpayers, top mayoral aide says (opens Sun Times)

    Published

    Sun Times's feed description

    A $75 million transfer fee and future profit-sharing agreement brokered by City Council leaders sweetens a proposed parking meter ownership transfer deal in a way that nobody thought was possible, a top mayoral aide said Thursday.