Published On: Mon, Sep 15th, 2014

Secretary Pritzker Charging $280 Million Rent for FBI Chicago Headquarters

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The government will pay $280 million in rent to a Near West Side Chicago property for an FBI Headquarters, and in the process will line the pockets of a major Obama donor and the United States 38th Secretary of Commerce, Penny Pritzker.

Penny Pritzker has been a top campaign fundraiser for President Obama, together with developer is Jack Higgins, who once backed former Chicago Mayor Richard M. Daley. The building has a 14 year lease, and comes at double the price paid to build the complex at 2111 Roosevelt Rd.

Higgins Development was awarded the lucrative project. Pritzker Realty Group owns a sizeable stake in Higgins Development. Although Higgins Development Group defaulted on a loan to Pritzker, the latter pushed the FBI building project under Higgins’ name, according to some reports. The Chicago FBI offices cost $125 million to build. While there were lower bidders, Higgins said politics played no part in this project, “There just isn’t politics involved in these things, ” said Higgins, who scolded people for “trying to pollute the process with this kind of inference.”

Pritzker has played a pivotal role in the Obama Administration, and chaired the National Campaign Finance Committee during his 2008 Presidential run, with fundraising efforts that topped $750 million. She managed to raise $500, 000 for Obama’s re-election campaign, and became Commerce Secretary in 2013.

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