Chicago homeowners are getting HAMMERED with $700 higher property tax bills so the Hyatt Regency could pocket a $150 MILLION break.
And guess who owns Hyatt? JB Pritzker’s family.
You pay more. His empire pays less. pic.twitter.com/KVPWFIU5IR
— Darren Bailey (@DarrenBaileyIL) January 20, 2026
Factcheck:
Partially. The Pritzker family owns a major stake in Hyatt Hotels. Cook County did reduce the assessed value of the state-owned Hyatt Regency McCormick Place by ~$150M, potentially shifting taxes to homeowners. Chicago’s 2026 budget avoided major hikes, but some bills rose due to assessments. The $700 avg increase appears in political claims, not official data.