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…
Tag: Capitol Markets
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…
Spotlight: DOE
The hall was packed on Monday, August 26, to hear energy secretary Ernest Moniz deliver his first major policy address at Columbia University’s Center for Global Energy Policy. Just three months on the job, Secretary Moniz elaborated…
Gensler Survey Shows Shrinking Office Spaces Need Balance
Efforts to shrink federal and private sector real estate footprints are changing the workplace. Sharing non-dedicated spaces and adopting technologies that allow work anywhere, any time have been expected to improve employee productivity even as square…
Office-using employment is 93% recovered. So why the slow absorption?
The following post was written by Andrea Cross, Colliers’ National Office Research Manager | USA. Despite a slow recovery in the office market, growth in office-using employment has outpaced overall employment growth during the last few…
GSA’s Budget Woes: Part 1 (Inadequate Funds to Support an Aging Inventory)
The U.S. General Services Administration (GSA) has been suffering through budget cuts that have dramatically reduced funding for the construction, acquisition, renovations and even the basic maintenance of federal buildings. This has served to increase the…
Spotlight: APHIS
August is Tree Check Month, thanks to the Animal and Plant Health Inspection Service (APHIS), which urges each of us to examine tree bark for signs of Asian Longhorned Beetle damage. Protecting the nation’s forests from…
DOE Updates Energy Efficiency Requirements
In his recent address on climate change at Georgetown University, President Obama announced a new series of federal requirements for energy efficiency. Among them are rules published by the Department of Energy (DOE) requiring new federal buildings…
Your Stimulus Dollars at Work: Byron G. Rogers Federal Building and U.S. Courthouse
The GSA is committed to responsible caretaking of its historic building legacy, which includes courthouses, post offices, border stations and offices around the country. The American Reinvestment and Recovery Act of 2009 (AARA) is facilitating the agency’s…
AAAP Leasing Program Expanded
We originally discussed the history and implementation of the Automated Advanced Acquisition Program (AAAP) last year here on this blog. Originally created for the purpose of consolidating and streamlining the leasing process for a large volume…