Vanecko Warehouse Problems

This was our pension money, right? How did we make out on this one?

• Candy Basselen has run a steel fabricating company on the Southwest Side for many years.

  Last summer, she moved it a few blocks south, and City Hall told her she had to get a new business license.

  But they wouldn't give her one.

• None of this made sense to Basselen because she was just a tenant. She didn't understand why the city wasn't leaning on the warehouse owners to fix the landscaping violations.

  [...] "If the city knew there were code violations, why was the city operating out of the building,'' Basselen says. "The city was utilizing a building they themselves said wasn't up to code.''

  So who owns that building? The mayor's nephew Robert Vanecko and his partners. They bought it with some of the millions of dollars Vanecko manages for five city pension funds.

And the City was paying exorbitant rental fees, well above market rates, just to park dump trucks (Hired Truck dump trucks by the way).

So did we turn a profit? Does anyone know? Is the fund out of danger? Anyone? Bueller? Bueller?