Aldermen approve $1.6B in subsidies for Lincoln Yards, The 78 after Lightfoot gets concessions

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“I have every intention of getting other things done,” Mayor Rahm Emanuel said, once again vowing to run through the tape. “I’m not going to jog, I’m not going to walk, I’m not going to stroll.” [Heather Cherone/The Daily Line]

Mayor Rahm Emanuel presided over his last City Council as mayor on Wednesday — and one last time, the City Council bent to his wishes.

After months of bitter debate that turned deeply personal, aldermen gave final approval to $1.6 billion in city subsidies to fuel two massive developments backed by Emanuel that will transform Chicago’s landscape with 16,000 new apartments and condominiums.

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