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Metropolitan DC Local Politics
Reply to "Real talk about the city’s economy, federal buildings leases, and telework impacts"
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[quote=Anonymous][quote=Anonymous]The WaPo article shows that the in-person work rate downtown is just 45%. And even if Feds come back to the office, that doesn’t mean law firms etc will continue to lease at the same rate, which is probably a bigger deal from a property tax revenue perspective. https://www.washingtonpost.com/dc-md-va/2023/01/27/downtown-dc-office-buildings-remote-workers/[/quote] The article also provides an important factoid. There are only 60,000 federal workers in downtown DC which is not enough to move the needle when you consider that very few are now 100% WFH. Going from 1-2 days in office per week to 2-3 days per weeks won’t save downtown.[/quote]
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