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Trump Looks to Sell Fed Offices to Private Sector While Demanding Full RTO
The struggle of the office — trying to bring workers back in, save the many B and C Class buildings that are losing value and popularity, and keep things from crumbling — has been widely seen in private markets.
Now, it’s landing hard in Washington, DC. The Wall Street Journal reports that the Trump administration wants to sell two-thirds of the government’s office stock to the private sector. Furthermore, the paper reported a claim by Washington, DC-based developer Don Peebles, chairman and chief executive officer of Peebles Corporation, that the General Services Agency will cancel leases on 70 million square feet of DC office space that is privately owned.
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New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
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The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
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