They can’t do that. They can’t sell without DC’s input. DC has all rights to zoning and infrastructure around the buildings. Rauner tried and failed. They will fail also because it’s not just a real estate deal
Institutional investors so they can destroy that market like they did to the home buying market after they bought millions of homes during the last, wait for it, recession!
I’m guessing the same who are buying $5 Million dollar passes to the Disneyland version of the entitlement USA backdoor ! Let’s just tell them ‘Nyet! Russian oligarchs thank you !’
What a coup. Handing our country off to the billionaires, whether it is government real estate or human resources = converting democratic institutions to private industry.
Not good. Not good at all.
Contractors ready to provide government services soon to be contracted out for 3 times the cost. Now that’s efficiency. A new business opportunity for the soon to be broke Musk. Oh! Shh don’t share this. I don’t want him to get any ideas.
Think about it. All the government buidlings have connections into government networks. Who wouldn’t want to hack those connections? Doge is putting no thought into ANY of this. The NOAA buildings alone have miles of circuits and connections that would be phenomenally expensive to recreate today.
Think about the networks, building them out, connecting & securing them. Some buildings have servers, or connections to satellites, the internet, fiber and so on. The only people who truly know how it's secured are the folks who built/set it up. This is rape & pillage mode, just shred it & move on.
50% of Social Security buildings are being emptied out and sold, from a source inside the agency. They are firing 75% of federal workers in San Francisco, hitting blue states hard. But many of the buildings are in red states like TN, so it will affect everyone. The system is collapsing.
No guesses they'll be sold to developers & gentrified to raise the land taxes, council rates, public liability insurance., body corporate fee's. To socially cleanse other building, business & homeowners in the district who can't afford these raises to sell them cheap to build more overpriced housing
That's someone's gig, just have to find out who that is. It should be tracked now before they bury the information. Who knows who's running those sales. Thoughts?
Musk, Billionaires, Trump "criminal party/regime" will purchase the buildings. Then they will lease the space at 2-3 X's higher, use implanted loyalist in GSA to issue BPA contracts to "LLC's" owned by Musk, Billionaires & Trump crime family; $1B "platinum key"-foreign oligarchs only!
Those Trump Billionaires with the highest bids to privatize the previous American Taxpayer funded Federal Government Agencies will buy & occupy those buildings!
Well, to answer your question with a question, who do you think has enough money to buy that real estate? And what will they do with them? Lease ‘em back is my guess (as someone here has already mentioned).
Real Estate speculators-
They’ll buy them at pennies on the dollar and lease them back to the government at an exorbitant rate.
Another day. Another grift.
Single-tenant office buildings where the tenant is rapidly downsizing are not going to sell for a lot of money. Due to standard GSA lease terms, and this long predates Trump, government occupied buildings were always a niche area for investors.
They better turn them into homeless shelters for every vet & everyone kicked off Social Security & Medicare.
I guess they haven't thought about Workhouses or Debtor's Prisons yet for the millions they are about to betray.
Give them time.
Karma is coming-
-for those 🐀 bas💩
Get a wiggle on, Lady K.
Probably the billionaires! And where are all these people gonna go now that they're supposed to be getting their jobs back if they want them? Things that make you go hmmmm.
I’ll just take a wild guess that the very wealthy benefit the most during economic crashes due to the opportunity to acquire undervalued assets. Trump and Co is going to buy many of these assets. It’s just as simple as that.
Saw a documentary once about how Russians worked to secretly put recording and listening devices into the US embassy as it was being constructed in Moscow. If the bldgs were purchased and leased back later to the govt how could you trust the it…?
oh goodness they're doing that one simple trick that vulture capitalists use: sell all the property, then rent the buildings back forcing the business (government) to rent the building they used to own. This is how they gutted Sears & K-Mart.
They published an original list of 443 buildings (owned/maintained by GSA), which they revised and eventually took down from the DOGE website...probably because they were getting questions about it.
It spanned almost 80 million square feet of space.
So they want to do this in secret? Something doesn’t sound right, when some single government employee, of any status, can just decide, “I’m going to sell 400 US government buildings, and there’s no apparent process or oversight of any kind….
When the United States has become a third world country with not even so much as a post office, is this when some lone Republican will wake up and say, “wait a minute?”
When Trump leased the old Post Office (PO) in DC, I knew he’d turn it into a gawdy brothel.
The appellate court moved into the old PO in Denver.
The former PO was built between 1900-1910. Superior craftsmanship
The names of the Pony Express Riders are carved in the building. The horse stalls remain
My prediction is who ever "donates" the most money to something trump related will get cheap sales contracts on these properties. Only to turn around and lease them back to the government for triple the cost when they were gov owned.
And are they still going to be used for Government activites (Federal or otherwise)?
Leasing this properties back, or having to relocate operations and services is not always good for our tax dollars on buildings and campuses we own and maintain outright.
Who has authority to put federal buildings up for sale? Trump is acting as though he owns the country. Selling buildings, talking about cutting down forests, when will the people let him know he is not a king?
Comments
This lady worked at Tesla.
Listen to what she has to say.
Do these buildings belong to the American people? If so:
Who is handling the sales?
Who is buying?
Are they being sold at fair market value?
How will the proceeds be used?
Not good. Not good at all.
Fucking brilliant.
So GROSS.
Is it dead yet?
They’ll buy them at pennies on the dollar and lease them back to the government at an exorbitant rate.
Another day. Another grift.
And also impossible to redevelop.
So, nobody.
Well,
I have an idea . . .
... it could make the billionaires even richer.
💠 😠 💠
I guess they haven't thought about Workhouses or Debtor's Prisons yet for the millions they are about to betray.
Give them time.
Karma is coming-
-for those 🐀 bas💩
Get a wiggle on, Lady K.
That was an easy question. 🙋♀️
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It spanned almost 80 million square feet of space.
The appellate court moved into the old PO in Denver.
The former PO was built between 1900-1910. Superior craftsmanship
The names of the Pony Express Riders are carved in the building. The horse stalls remain
Breaking things IS his plan.
Privatize schools, privatize prisons, privatize everything & make the billionaires even richer.
MAGA?
Since the pandemic office vacancy rates have risen steadily & are at a new high right now.
These are stats that spell fire sale conditions. Perfect for gazillionaires to buy on the cheap.
Leasing this properties back, or having to relocate operations and services is not always good for our tax dollars on buildings and campuses we own and maintain outright.