The federal government took 2.2M SF of space off its list of leases it plans to terminate, which now spans 657 leases and 8M SF across the country.
Global Net Lease said it had received a letter from the government saying it intended to keep its office for the Internal Revenue Service outside Nashville.
NYC’s life sciences market, with a vacancy rate above 40% and more than 1M SF under construction, could struggle with the impact of federal funding cuts.
Massachusetts congressional leaders have called for answers on reported plans by the Advanced Research Projects Agency to wind down a Cambridge innovation hub.
Cuts to work visas threaten to sideline thousands of workers across South Florida.
Ackman leads Pershing Square, the largest shareholder in Fannie and Freddie.
The Senate's latest version of the 21st Century ROAD to Housing Act would require build-to-rent operators to sell properties after seven years of ownership.
Sens. Elizabeth Warren and Tim Scott are behind the 21st Century ROAD to Housing Act, which passed a preliminary hurdle by a Senate vote of 84-6 Monday.
The Department of Homeland Security plans to move forward with redeveloping the warehouses it has already acquired into detention facilities.
The opening of a criminal investigation into the head of the central bank over Senate testimony has politicized the Fed in an unprecedented way.
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