A unique feature of GSA leases is that when lessors reduce their operating costs, GSA does not receive the benefit, because the government pays for operating cost adjustments based upon the change in CPI–not actual cost changes. Yet,…
Month: September 2013
Spotlight: EPA
After a record 136-day confirmation battle, Regina McCarthy became the 13th administrator of the Environmental Protection Agency (EPA) on July 18, 2013. At her first public speech as administrator two weeks later, McCarthy told a crowd…
GovSpeak: EISA
The Energy Independence and Security Act of 2007 (EISA) (we pronounce it “Eee-sa”) is sometimes called the light bulb bill for phasing out most incandescents. It has been called “the most sweeping energy efficiency legislation in…
Greetings From Los Angeles
The Colliers Government Solutions team represents owners of government-leased properties nationally. So, we travel a lot. This slideshow profiles my recent trip to Los Angeles, California. (Use arrow buttons to advance slides)
Spotlight: ATF
After a cliffhanger Senate vote on July 31, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has its first permanent director in 7 years. B. Todd Jones, acting director since 2011, now officially heads a…
GSA’s Budget Woes: Part 2 (Where’s the Money to Pay the Rent?)
As discussed in Part 1 of this two-part series on GSA’s budget problems, Congress has screwed down the appropriations spigot, nearly shutting it off completely. That article showed how congressional appropriations for GSA’s Construction & Alterations…
1301 New York Avenue Purchased For $135 Million
Nakash Holdings (the investment arm of Jordache Enterprises) purchased 1301 New York Avenue from Boston Properties on August 22nd. The 201,281 RSF office building is entirely occupied by the Department of Justice (DOJ) under a GSA…