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Office Giants Call For D.C. Government To Take Risk Of Distress More Seriously
Office owners say the D.C. budget for fiscal year 2023 does not account for the dramatic fall in value for older office buildings and could face a shortfall.
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Office owners say the D.C. budget for fiscal year 2023 does not account for the dramatic fall in value for older office buildings and could face a shortfall.
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The city is 82% of the way towards its 12,000-unit affordable housing subgoal, officials said, but expects to reach it by 2025.
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Metro ridership is hitting record highs and office card swipes are showing increases from week to week, and year-over-year.
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The deals were announced at D.C.'s annual March Madness event, where WMATA also announced new development opportunities.
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Alarm.com signs a renewal and expansion at The Boro in Tysons, Shoreham Capital buys apartments in Arlington, Douglas delivers two projects, and more.
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Tens of thousands of federal employees have been laid off or resigned over the last month, throwing the region's residential demand into uncertainty.
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Wills Cos. sold three apartment buildings totaling 88 units and has now disposed of a majority of its D.C. portfolio as it expands to other areas.
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Council Member Robert White is ready to take a harder look at solutions to D.C.'s affordability crisis, including public-private partnerships downtown.
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Councilmembers Robert White and Brianne Nadeau proposed the Housing Production Omnibus Act of 2026 to overhaul D.C.'s system for funding housing projects.
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Brookfield inks four retail leases at The Yards Phase 2, Terreno Realty Corp. buys a D.C. industrial building, White Box Real Estate expands to D.C. and more.
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