Connect with us

Washington, D.C

U.S. Treasury Department to Consolidate Two Agency Leases in D.C.

Published

on

U.S. Treasury Department to Consolidate Two Agency Leases in D.C.


The General Services Administration’s downsize of the federal government’s office footprint continues, with the Treasury Department as the latest lucky contestant. 

The GSA late last month awarded a lease contract to Duwaliya US Real Estate to house two Treasury agencies — its Office of Management and Office of Technical Assistance — in 65,000 square feet of space at 1575 I Street NW, according to the Business Journal, which cited a source familiar with the deal. 

SEE ALSO: FECR Lands Five New Tenants at 1101 Brickell in Downtown Miami

The new consolidation is a hefty cutback in space for the agencies, which will vacate four leases at 1750 Pennsylvania Avenue NW (121,000 square feet) and 1722 I Street NW (75,000 square feet). Their new home is in the 12-story, 288,798-square-foot building at 1575 I Street just two blocks north of the White House. It’s also known as the ASAE Building for its tenant the American Society of Association Executives.

Advertisement

The Treasury agencies’ leases are set to expire in August of next year, according to a 2023 GSA prospectus for the department. Though the existing leases will likely extend into the second half of 2026, per the Business Journal.

In the prospectus, the GSA proposed a downsize to 103,000 square feet for the agencies — nearly double the amount of space they’re set to take at the ASAE Building — a consolidation it justifies as a means to enable a “more robust telework program.”

“Approximately half of the currently housed personnel are moving to increased telework and will not be accommodated under the replacement transaction,” the prospectus says. “A small percentage will go into other existing Treasury spaces. By consolidating the currently separate locations, the proposed lease will increase efficiency, streamline operations, and eliminate redundant space while maintaining mission readiness.”

Duwaliya US Real Estate is an affiliate of Sheikh Khalid Thani A. Al Thani, a Qatari businessman and member of the Qatari royal family, per the Business Journal. His affiliate organization bought the property for $107.9 million in 2015 from Carr Properties, per property records.

The GSA is in the midst of slashing the government’s office space, a trend it started in recent years in order to reconfigure leases and properties it already owns and ditch properties it no longer needs. 

Advertisement

D.C. recorded over 537,000 square feet of negative office space absorption this past quarter, with the city now in its fifth straight year of negative quarterly absorption, according to a recent D.C. office market report from CBRE. The GSA’s office cuts are a large part of that downward trend, accounting for nearly half of recent occupancy loss in the District, per CBRE.

Nick Trombola can be reached at ntrombola@commercialobserver.com.



Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Washington, D.C

National Menorah Lighting in DC dedicated to Bondi Beach victims

Published

on

National Menorah Lighting in DC dedicated to Bondi Beach victims


The first candle lit on the National Menorah near the White House in Washington, D.C., marked the first night of Hanukkah — and solemnly honored victims of the Bondi Beach shooting.

The National Menorah Lighting was held Sunday night, hours after gunmen opened fire on a crowd celebrating the beginning of Hanukkah at Australia’s iconic Bondi Beach. Fifteen people were killed, including a 10-year-old girl, a rabbi and a Holocaust survivor, and over three dozen others were being treated at hospitals.

Authorities in Australia said it was a terrorist attack targeting Jewish people.

Organizers behind the National Menorah Lighting said the news from Australia, along with the bitter cold, forced them to consider whether or not to hold the annual event.

Advertisement

After consulting with local law enforcement, National Menorah Lighting organizers decided to hold the event and honor the victims.

Several D.C.-area police departments issued statements confirming there are no known threats to local communities, but are monitoring just in case.

Montgomery County Executive Mark Elrich condemned the attack and said community safety is a priority.

“Acts of antisemitism, especially those meant to intimidate families and communities during moments of gathering and celebration, must be called out clearly and condemned without hesitation,” Elrich said. “I have heard directly from members of Montgomery County’s Jewish community who are shaken and concerned, and I want them to know that their safety is a priority.”

Advertisement



Source link

Continue Reading

Washington, D.C

READ: Report accuses DC Police Chief Pamela Smith of ‘fear, intimidation, threats’

Published

on

READ: Report accuses DC Police Chief Pamela Smith of ‘fear, intimidation, threats’


Metropolitan Police Department (MPD) Chief Pamela Smith is facing yet another scathing report accusing her of manipulating crime data in the city.

The 22-page document from the House Committee on Oversight and Government Reform comes less than a week after a separate draft report from the Department of Justice (DOJ) and days after Chief Smith turned in her resignation.

The main difference between the Congressional report and the DOJ report is that this new one, released on December 14, contains transcribed interviews directly with commanders from all seven MPD patrol districts.

RELATED | DC Police settles with former employee over claims that crime numbers were manipulated

Advertisement

The testimony reveals how Chief Smith chastised and, in some cases, publicly humiliated staff in crime briefings.

“The Committee’s investigation heard consistent testimony about frustration and exhaustion among MPD commanders and the manifestation of a culture of fear, intimidation, threats, and retaliation by Chief Smith. Often, these manifestations were triggered whenever the Chief was presented with what she considers ‘bad news,’ particularly when that news pertained to any rise in public crime statistics. Chief Smith, according to testimonies, regularly took action against her subordinates who failed to aid in the preservation of her public image,” the report states on page two.

RELATED | Trump announces probe into DC police for inflating crime stats amid safety claims

The committee launched the investigation in August when whistleblowers came forward with concerns about data manipulation.

One line of questioning in the report states:

Advertisement

Question: Over the last few years, has there been any internal pressure to simply bring down crime statistics?

Answer: Yes, I mean extreme… there’s always been pressure to keep crime down, but the focus on statistics… has come in with this current administration or regime, and you know, that has manifested publicly.

7News reached out to Mayor Bowser’s Office for a comment in response to the report. A spokesperson provided the following statement:

The men and women of the Metropolitan Police Department run towards danger every day to reduce homicides, carjackings, armed robberies, sexual assaults, and more. The precipitous decline in crime in our city is attributable to their hard work and dedication and Chief Smith’s leadership.

Comment with Bubbles

BE THE FIRST TO COMMENT

I thank Chief Smith for her commitment to the safety of D.C. residents and for holding the Metropolitan Police Department to an exacting standard, and I expect no less from our next Chief of Police.



Source link

Advertisement
Continue Reading

Washington, D.C

DC police chief accused of manipulating crime data in new House Oversight Committee report – WTOP News

Published

on

DC police chief accused of manipulating crime data in new House Oversight Committee report – WTOP News


D.C. Police Chief Pamela Smith has been accused of manipulating crime data to “maintain the appearance of low crime” in a new report released Sunday by the House Committee on Oversight and Government Reform.

D.C. Police Chief Pamela Smith has been accused of manipulating crime data to “maintain the appearance of low crime” in a new report released Sunday by the House Committee on Oversight and Government Reform.

The interim staff report came from transcribed interviews with the commanders of all seven D.C. patrol districts, as well as one former commander currently placed on suspended leave, according to a news release.

The report alleges Smith “punished and removed officers for reporting accurate crime numbers and fostered a toxic culture.”

Advertisement

D.C. police Chief Pamela Smith recently announced she is stepping down at the end of the month after two years leading the department.

Mayor Muriel Bowser’s office told WTOP they “are reviewing the report.”

Read the full report here.

This is a developing story and will be updated.  

Get breaking news and daily headlines delivered to your email inbox by signing up here.

Advertisement

© 2025 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.



Source link

Continue Reading
Advertisement

Trending