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The [Friday] Papers"A large financial piece of the Chicago Cubs' $375 million renovation of Wrigley Field remains unsettled after the team made significant revisions to its plans this year, including more outfield advertising," the Tribune reports. "At stake is up to $75 million in federal tax credits the Cubs are counting on to upgrade the 100-year-old ballpark. "But the National Park Service, which manages the tax program with the IRS, has not approved key elements of the project, including the controversial five additional outfield signs the team has proposed." Little Tommy Ricketts, everybody. * "In a memo to the Cubs obtained by the Tribune, the agency expressed concern about advertising overkill at Wrigley, which is known for its ivy-covered outfield walls, hand-turned scoreboard and intimate dimensions as opposed to typical corporate billboards at every other baseball stadium." In other words, Ricketts wants to destroy the only asset that has kept the bumbling franchise not only solvent, but more profitable than any other in major league baseball. * The National Park Service also expressed concern over Theo's Plan, and wondered why Kris Bryant is in the majors yet, according to sources close to my imagination. * "In a statement, the Cubs said that it is 'normal for there to be changes to design and construction as a project evolves and we are working with' the Park Service to finalize approval for those changes." There is nothing normal about the ineptness of a rehab and real estate development plan that has stalled more times than a metaphorically horrible car on the Kennedy, but the statement wasn't available for follow-up questios. * "The Cubs applied for federal historic-preservation tax credits last year." This would have been a good place for the Tribune to remind readers that "Joe Ricketts is sick and tired of wasteful [government] spending . . . But Ricketts' time with the Chicago Cubs tells a different story." Stop making me do your job. * Remember: The Cubs weren't required to submit their plans to the park service until they applied for the tax credits. They could have not applied and just gone ahead with their plan. * "A Park Service spokesman said the review of the additional signs and other proposed changes the Cubs made this year is on hold pending receipt of additional information from the team." It's almost as if Tom Ricketts has no experience in business at all. * "'The National Park Service decisions on each amendment await review of the additional information and will take into account whether the overall project continues to meet the Secretary of Interior's Standards for Rehabilitation, spokesman Michael Litterst wrote in an e-mail." The e-mail wasn't available for follow-up questions, like, what additional information are you waiting on? * Do reporters talk to real humans at all anymore? Every article these days is less he said/she said than statement said/e-mail said. - The Beachwood Radio Network - Beachwood Photo Booth: Dumpster Still Life Bring On The Creampuffs, Including The Big 10 The Week In Chicago Rock - BeachBook Pour one out this weekend for yet another victim of gentrification; an eclectic, beloved bar with a passionate owner to be replaced by coffee and condos. Our city becomes less interesting by the day. * Los Angeles Times Reporter Let CIA Edit His Stories. What did his Tribune Company editors know and when did they know it? -
- * When Can The FBI Use National Security Letters To Go After Reporters? Sorry, That's Classified. Worse than Nixon. - TweetWood
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* — Andrew Kaczynski (@BuzzFeedAndrew) September 4, 2014
- The Beachwood Tip Line: Dovish. Posted on September 5, 2014 |
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