[PaywallBuster]

commercial real estate still recovering from post covid / work from home situation

so federal government has plenty of negotiating power

also with layoffs the space requirements may have changed and such large buildings may be excessive

[Aurornis]

> commercial real estate still recovering from post covid / work from home situation

> so federal government has plenty of negotiating power

You have this backward. The government is trying to sell. If real estate is still recovering (aka down) then they don't have much negotiating power.

Buyer's market.

[PaywallBuster]

I mean negotiating power to acquire/lease new space as they'll likely relocating/downsizing :)

keeping a lot of buildings cost a lot of money so even if they're sold at lower than expected prices saves money long term

[scrose]

OPs point is funnily accurate if you’d like to consider a certain ‘real-estate’ person in government could stand to benefit from the buildings being sold at the lowest price (recovering market) and that same person people will likely be friends with the buyers (lots of negotiating power).

They never mentioned whether it’d actually be beneficial for the government.

Can’t wait for all of our federal agency buildings to be named after different members of the Trump family once they’ve changed hands! /s

[egberts1]

Ummmm, that's the taxpayers' money.