Plan to Sell Unused Federal Property Becomes ‘Arm-Wrestling Contest’

Plan to Sell Unused Federal Property Becomes ‘Arm-Wrestling Contest’

The New York Times-Real Estate·2021-09-15 06:06

The plan sounded simple enough.

The federal government has long owned more real estate than it knows what to do with — buildings that sit empty and sites that are underdeveloped — but it must jump through hoops before it can sell its holdings. So surplus properties languish while taxpayers foot the bill for maintenance.

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