THE WATCHDOGS: Daley aiming for $15 million green-card bonanza

The following story ran in the Chicago Sun-Times on October 15, 2016. Photo of former Mayor Richard M. Daley from Sun-Times files. Apparently, unemployment statistics from sections of North Lawndale, East Garfield and West Garfield were used to justify deep discounts for the application fees on work visas associated with a skyscraper project to be built in one of the wealthiest sections of Chicago.

Tim Novak

@tnovaksuntimes | email

Former Mayor Richard M. Daley and his son are aiming to cash in on a federal program that offers green cards to wealthy foreigners with a deal that could bring their company $15 million, records obtained by the Chicago Sun-Times show.

Tur Partners — which Daley formed with his son Patrick Daley after leaving office — is seeking permission from the U.S. Department of Homeland Security to solicit $150 million from foreign investors to help finance construction of a downtown skyscraper through a controversial visa program known as EB-5. More