, who briefly listed 443 properties in its portfolio as being targeted for a potential sale via a press release Tuesday. The list was later amended to include 320 before...){kind=link}
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The J. Edgar Hoover Building (FBI Headquarters) in Washington, D.C. Photo: Ukenaut/Flickr (CC BY-NC-SA 2.0)
The Trump Administration’s plans for downsizing government have now turned to the U.S. General Services Administration (GSA), who briefly listed 443 properties in its portfolio as being targeted for a potential sale via a press release Tuesday. The list was later amended to include 320 before disappearing completely.
“Decades of funding deficiencies have resulted in many of these buildings becoming functionally obsolete and unsuitable for use by our federal workforce,” the statement says as justification.
“We can no longer hope that funding will emerge to resolve these longstanding issues,” it continues. “[This] decisive action to dispose of non-core assets leverages the private sector, drives improvements for our agency customers, and best serves local communities.”
Some of the properties originally listed before it disappeared include the Brutalist style FBI headquarters at the J. Edgar Hoover Building and the Robert C. Weaver Federal Building, which houses HUD. The GSA’s press release said removing them from its management “helps eliminate costly maintenance and allows us to reinvest in high-quality work environments that support agency missions.”
It is estimated that the GSA will save $430 million in annual operating costs once the leases have been terminated. In doing so, it will expand the Biden Administration’s plans to discharge a smaller number of underutilized properties that were announced in December. The GSA reports that the plan covers more than 80 million square feet of ‘rentable space’ nationwide.