Yesterday, President Obama submitted his FY 2013 budget to Congress. What was perhaps most surprising was that the budget, on the top line, actually grew slightly to $3.803 trillion. As the Brookings Institute’s William Gallston noted…
Tag: Federal Leases
Intelligence Community Campus Plan Approved
At its monthly meeting last week, Thursday, February 2, the National Capital Planning Commission (NCPC) unanimously approved a final master plan for the proposed $300 million Intelligence Community Campus-Bethesda, a federal facility to be located on…
Spotlight: SEC
The mission of the U.S. Securities and Exchange Commission (SEC) is to “protect investors, maintain fair, orderly and efficient markets and facilitate capital formation.” It was created by the Securities Exchange Act of 1934 to restore…
CPRA is Unwelcome News for Independent Agencies
This week the House of Representatives passed H.R. 1734, known as the Civilian Property Realignment Act (CPRA), with voting carried by the Republican-led House, largely along party lines. The legislation describes its purpose as “To decrease the…
House Passes “Civilian BRAC” Bill
The House of Representatives passed a bill yesterday designed to speed up the sale of large amounts of excess federal properties. The Civilian Property Alignment Act (H.R. 1734), commonly referred to as the “Civilian BRAC” bill),…
GSA Selects Trump to Redevelop Old Post Office
GSA announced this afternoon that it has chosen the Trump Organization as the preferred team to redevelop the historic Old Post Office building. This apparently concludes an effort which has been going on for more than…
Federal Employment Expected to Decline
This week Bureau of Labor Statistics (BLS) published its employment forecasts for the decade from 2010-2020. The good news is that BLS predicts an increase of nearly 20.5 million jobs over the course of this decade,…
Spotlight: GPO
What federal agency has shrunk to its smallest size in more than a century? The answer—the U.S. Government Printing Office (GPO)—is no surprise, given the huge changes in printing and information technology that have taken place…
Why The Termination Rights?
One of the great frustrations landlords encounter with GSA is the Government’s frequent and seemingly reflexive insistence on termination rights. We conducted a quick analysis of 1,165 procurements conducted by GSA in the past 7 years…
DARPA Has Begun Occupancy at Founders Square
The John Shooshan Company has completed the 13-story, 350,000 square foot home of the Defense Advanced Research Projects Agency (DARPA) at Founders Square, 675 N Randolph Street in Arlington, Virginia. DARPA reportedly signed its first rent commencement…