nope, no grifting will occur here property accumulated over the lifetime of the country to be preserved for the future of all of America to be sold off to satisfy the agenda of a man who did not get 50% of the popular vote. sell it to venture funds and then lease it back after forcing return to work... if real estate is such a great investment, why would he want to divest so much of it in such great locations? Donald Trump to Sell Off Half of All Federal Property: What to Know The General Services Administration (GSA) reportedly sent out notice on Tuesday that it plans to sell half of the federal property it manages—a move that appears to contradict Donald Trump's and Elon Musk's plans to get federal employees to return to in-person work in the office. ........................................ According to the GSA website, PBS currently owns or leases an inventory of more than 8,800 assets, maintains more than 370 million square feet of workspace for 1.1 million federal employees, and preserves more than 500 historic properties. ......................................... The reduction in federal property seems to contradict Trump's recent order for federal employees to quit remote work and return to the office "as soon as practicable." On January 20, the president issued a memo asking heads of all departments and agencies in the executive branches of the government to "take all necessary steps to terminate remote work arrangements and require employees to return to work in-person at their respective duty stations on a full-time basis."
Should be used to pay down national debt. Trump should make a strong arm deal with all the big REITS and PEs that they can’t refuse.
GSA, by and large, owns office buildings (it also owns federal courthouses, but those presumably aren’t at issue since the administration has less authority to decide where the judicial branch should operate). We definitely weren’t trying to accumulate federal office buildings for posterity. The “sell 50%” headline also appears to be sensationalist at best and outright false at worst. This is the tweeted screenshot of an email that the entire article is based on: As you may notice, what it actually says is that non-DOD federal building space, across both owned and leased assets, should be reduced by 50%. And given that DOGE has already made a big to-do about how many leases it has terminated and repeatedly talked about the need for mass termination of federal space leases, would seem that GSA’s leased space is going to be a primary target of these cuts.
Why would they have to rent it back? I doubt JD is going to want to expand the federal workforce during his 2 terms.
