The article discussed the Trump administration's decision to sell hundreds of federally-owned properties as part of efforts to reduce the size of the federal government.
- 443 buildings across the country were deemed 'not core to federal operations' per a list released by the General Services Administration.
- However, the list was first reduced and then taken down entirely, with the GSA releasing a statement that they would re-release the list at a later date.
- Though some officials in DC are excited by the opportunity to repurpose underutilized federal buildings, the scale of the operation is likely to pose challenges.
Professor Teitelbaum said: "[The federal effort to dispose of property] could be good news for the city if the properties that are currently tax-exempt become privately owned and get added back to the tax rolls.”
Read the article here.