At least three Washington, D.C., area counties have expressed interest housing a new $1.2 billion FBI headquarters complex and the nearly 12,000 jobs it will bring. On December 8, 2011, the Senate Committee on Environment and Public Works approved a resolution directing that the new headquarters facility meet the following qualifications. It must: Be located […]
“It’s really expensive to be poor.” This was the comment from Dr. Dorothy Robyn, the GSA’s Public Buildings Commissioner, at yesterday’s Federal Real Property Association conference in Washington, DC. How true! GSA’s inability to adequately fund improvements to its real estate assets is costing it money on both sides of the ledger–revenue and operating costs. […]
Rural post office slated for closure in Slayden, Tennessee (photo: WKRN-TV Nashville) A plan to close hundreds of postal facilities and eliminate overnight delivery of first-class mail would not save as much as the U.S. Postal Service (USPS) has projected—according, at least, to the Postal Regulatory Commission (PRC), which came to this conclusion in an […]
Ever wonder why each time you see a graph of GSA lease expirations, it seems like the expirations volume in the upcoming year is the largest ever? Well, there’s a logical, and unfortunate, reason for it: GSA has struggled to keep up with its leasing activity causing it to increasingly engage in short-term extensions and […]