Mayor Leases Midway

Mayor Daley announced this afternoon that Midway Airport has been leased to Midway Investment and Development LLC. The lease runs for 99 years and will bring in $2.5 billion; Daley hopes some of the money will help close the humongous budget shortfall. Not that airport food was cheap last time we were at Midway, but we're still not looking forward to a $10 pretzel.