Proof Jewish USA Commerce Secretary P...

Proof Jewish USA Commerce Secretary Penny Pritzker Is Crooked

Posted in the Chicago Forum

We Are Being Robbed

United States

#1 Dec 7, 2013
ZIONIST JEWS CONTROL OUR CROOKED DANGEROUS GOVERNMENT . OBAMA IS A TRAITOR AND A PURE CRIMINAL . THIS JEW SHOULD BE EXECUTED . WE SHOULD HAVE EXECUTED THE JEWISH MADOFF BROTHERS .
ZIONIST JEWS OWN OBAMA WHO IS A TRAITOR .

Navy-base Deals Turn Dirt To Gold
Orlando's Rush To Develop The Former Naval Training Center Put The Prime Land -- And Plenty More -- In The Hands Of A Billionaire Chicago Developer.
|By Dan Tracy, Sentinel Staff Writer

When the federal government ordered the Orlando Naval Training Center closed in 1993, dozens of pages of fine print laid out a pecking order of who could lay claim to the valuable property.
Other branches of the military, state and local public agencies and the homeless were first in line. Billionaire developers were not on the list.
But eight years later, one of the nation's wealthiest families owns the 1,093-acre base in Orlando. And they got it for next to nothing, while the city of Orlando lost a chance to use the base for a broader publicbenefit. Aided by low-interest loans and other incentives quietly doled out by the city, the developers even control a small government created to help them build an upscale housing enclave there.

A partnership controlled by the Pritzkers of Chicago -- owners of the posh Hyatt hotel chain -- two years ago paid just $7.6 million to secure title to nearly two square miles of Central Florida's choicest land in a complex series of deals orchestrated with the city. The $6,900 an acre they paid for the base would have been a good price for land in rural Lake County, let alone in downtown Orlando.
An Orlando Sentinel investigation of the behind-the-scenes deal-making since that time shows that the Pritzkers have been able to parlay a $19 million investment into a real-estate gold mine now worth at least $130 million. They have succeeded, in large part, because:

They had help from two Orlando mayors, past and present. Mayor Glenda Hood pressed passionately for development of the defunct complex as part of her administration's legacy. Her predecessor, ex-Mayor Bill Frederick, was briefly a Pritzker business partner in a key phase of the family's drive to buy the base.
Hood and her staff treated public ownership of the base as if it were a liability, never giving serious consideration to other options beyond unloading it quickly and cheaply for a private housing and commercial development. The city owned the so-called NTC for less than a day. Officials were so eager to close the deal with the Pritzkers that they fashioned an unprecedented, multimillion-dollar package of loans and other breaks that included exempting the developers from normal planning reviews. More clogged roads may be the future price Orlando pays.

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