
A list of national properties across the country that could be put up for sale as part of administration/” target=”_blank” rel=”noopener” title=””>President Donald Trump’s campaign promises of downsizing the federal government was first released, then the list was later removed.
A list of thousands of components was unveiled by the General Services Administration shortly before the deadline to retract it. A list of 433 buildings ‘ properties was previously included on the website, but it now lists a list that will be” coming soon.”
The website now reads,” We are identifying buildings and facilities that are not key to state businesses, or non-core properties, for disposal.”
The Trump administration appears to be selling hundreds of national government buildings, which are listed in the list’s now-defunct list. The majority of the national properties listed were located in the Washington, D.C., Maryland-Virginia region, including the Justice Department, FBI, and Agriculture Department’s large-scale houses and offices.
The state with 26 listed houses followed Michigan as the next. 11 houses, two of which were in Chicago’s” Loop,” the third-largest city in the nation, were on the record.
Rep. Mike Quigley (D-IL), whose district includes portions of Chicago, said,” It makes sense to right-size on ceremony, but this just isn’t the way to do it. Sort of blindly, without any consideration, study, or study.” I believe it will be a horrible civics lessons for Americans and a reminder that federal employees are responsible for important things.
Some of the components on the list in New York City included practices for federal prosecution with the Southern District of New York and the IRS, as well as properties used by the United States group to the UN, which overlooks the United Nations Headquarters.
What would be the market’s response to purchasing these properties. Some U.S. towns have struggled to return their business hubs to precarious levels of engagement, and the value of commercial office space appears to have decreased.
For instance, one building in St. Louis was sold for$ 3.6 million in 2024 after selling for$ 45 million in 2006. According to a CoStar study, the value of the office tower decreased over the course of the 18-year period from about$ 140 to$ 2.50 per square foot.
Irrespective of any telecommuting contracts or whether those contracts were in place prior to the pandemic, Trump signed an executive order that required all federal employees to work again five days a week.
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During the epidemic, some federal authorities reported returning to the office without a appropriate table or desk, and this led to the downsizing of their physical practices.
A health and human services employee told CNN that there was “very much preparation and organizing,” and the equipment was “muddled up.” There were also accounts of Wi-Fi and power not working, according to reports.