The owner of Chicago's parking meters is seeking to sell the asset to a New York investment firm — but the deal requires approval from City Council.Mayor Brandon Johnson's office on Monday confirmed the tentative agreement between Chicago Parking Meters LLC and New York-based Stonepeak Partners. T he deal, which would change ownership of the meters and who collects their profits, now sits before City Council, which could seek concessions in favor of the city before approving it.The tentative sale is the most recent development in the fight for parking assets. In January, Johnson considered purchasing the 57 years that remain on the infamous 75-year parking meter deal, made in 2008 under former Mayor Richard M. Daley.Doing so would have required the city to borrow billions of dollars. But Johnson later dropped the city’s bid after determining the $3 billion asking price, he said then, "would have made a bad deal even worse." ...read more read less