City Colleges moving Lakeview Learning Center after $7 million sale

Source: Gregory Pratt, Chicago Tribune, April 6, 2017

City Colleges of Chicago board members Thursday unanimously authorized selling the property housing the Lakeview Learning Center for $7 million. …
City Colleges is selling the Lakeview property to BlitzLake Partners, a private real estate acquisition and development firm, a move that school officials said was fiscally responsible at a time of state budget cuts. The college system has not received $70 million it had expected from the state during the past two years during the historic budget impasse in Springfield that has left higher education with only sporadic funding. … But the move has generated controversy as the Lakeview Learning Center has a long history in the area. … Four people urged trustees at Thursday’s board meeting not to sell the property, including Carlos Aulet, who teaches English as a second language at Truman College and also is vice president of a local chapter of the American Federation of State, County and Municipal Employees.  In an interview, Aulet said the Lakeview center “came from the community (and) it belongs to the community.”  “There’s no reason for the sale other than that property values, ever since the Cubs won, have soared there, and somebody smells money,” Aulet said.  George Roumbanis, the union chapter’s president, told the Tribune he’s concerned that students won’t transfer to Truman from the Lakeview campus. …