Landlords show cautious optimism after Hynes' assessor win

Some investors see Patrick Hynes' primary win over incumbent Cook County Assessor Fritz Kaegi as a chance to rebuild Chicago's real estate cred. Crain’s reporter Danny Ecker talks with host Amy Guth about the election news and the new City Council-approved downtown hotel surcharge. Plus: CTA sues Trump administration over frozen Red Line extension funds; Johnson proposes $55 million tax break for Bulls, Blackhawks 1901 development; legal data firm Relativity confidentially files for IPO; and Illinois House approves bill giving regulators power to reject insurance rate hikes.