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Why would they be able to charge arbitrary amounts of money? The Federal Government owns 37 million square feet of office space in the DC area. Out of 370 milli
by rayiner 2y ago
Why would they be able to charge arbitrary amounts of money? The Federal Government owns 37 million square feet of office space in the DC area. Out of 370 million square feet of total office space in the region.
According to the article:
> A White House official granted anonymity to discuss internal decisions said that the structures GSA plans to offload “all have building repairs that would be cheaper to sell than fix.”
I don't know if you're familiar with the commercial real estate market in D.C., but the market has tanked completely. 50-year old buildings (like the Hoover building) are basically worthless and are being torn down.
- miltonlost 2y agoAnd yet there's a Return To Office mandate, and now selling off offices. You're trying to rationalize selling off