Obama donor gets sweetheart real estate deal in chicago

by Bob Gough

With much-publicized ties between President Barack Obama, the SEIU labor union and the ACORN volunteer organization, it would be a safe assumption that someone with a business relationship with not just one, but both of those groups would have an inside track on doing business with an Obama associate.

But in the world of big money Democratic Chicago politics, there is a difference between white-collar clout and blue-collar clout.

Chicago real estate developer Thomas Bennett thought he had a deal in hand to purchase the old Chicago Housing Authority (CHA) building at 626 West Jackson, just blocks from Union Station. Bennett thought he was paying a fair price for the property as he had a written commitment from two tenants –SEIU and ACORN- to occupy office space in the building.
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