Sam Zell's Fucking With the Tribune

Zell sold his portfolio of properties off to the Blackstone group for $39 billion, the largest leveraged buyout in history at the time. He currently owns some 78,280 apartments in San Francisco, Southern California, New York. All of these places were rent has surged over the last decade. Given what happened with the Tribune, you won't be surprised to learn that Sam Zell has decided to pour millions of dollars into spreading propaganda to stop the spread of rent-controlled housing in any form.