Trump Administration Approves Sale of $5.4 Billion in Federal Properties
Plan Targets Underused Federal Buildings in D.C. and Seven Cities After Watchdog Report Highlights Massive Waste
The Trump White House has approved a plan to sell 11 underused federal properties valued at $5.4 billion, including the Department of Energy’s largely vacant headquarters in Washington, D.C. The decision follows a May 22 recommendation from the bipartisan Public Buildings Reform Board (PBRB), created to reduce costly and underutilized federal space.
The Office of Management and Budget authorized the General Services Administration to begin sales, targeting buildings with low post-pandemic occupancy. Other properties include sites in Miami, Boston, Nashville, Houston, Atlanta, Chicago, and Albuquerque.
OMB Director Russell Vought approved the plan while on a flight Friday morning, saying the sales would increase efficiency and return value to taxpayers. The PBRB found that buildings like the Energy HQ—averaging just eight daily workers in a space built for over 4,000—cost taxpayers $205 million annually and have $4.3 billion in deferred maintenance.
A broader review of 58 additional buildings is underway, covering nearly 26 million square feet. Vought said OMB looks forward to approving the next round of recommendations.
Info sourced from The Washington Times