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Streets of Woodfield shopping center in Schaumburg is going back on the market, just six years after New York-based private equity firm Blackstone purchased the property for $168.5 million.
Schaumburg officials are seeking to acquire a 6.6-acre site dominated by a pond which the village has already been maintaining since at least 2012.
The idea of a municipal penny-per-push tax on video gambling machines is proving infectious, as more Illinois communities rush to stay ahead of pending state legislation aimed at vaccinating the industry against the new trend.
The idea of a municipal penny-per-push tax on video gambling machines is proving infectious, as more Illinois communities rush to stay ahead of pending state legislation aimed at vaccinating the industry against the new trend.
Though Schaumburg officials plan to keep the village's property tax levy flat again this year at $19.5 million, they agree this has been the most difficult year so far to maintain their 12-year practice of never raising it.