Reply to ripple effects from government employment/contracting uncertainty in DMV economy?

Forum Index » Metropolitan DC Local Politics

Reply to "ripple effects from government employment/contracting uncertainty in DMV economy?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Brick and mortar stores, particular small businesses, will suffer the most. Commercial real estate has been taking a beating for the last five years and while RTO may help, we are likely seeing a contraction in spending not just regionally but nationally.[/quote]

The local business headlines are whiplash.

In the one hand doom and gloom about the fed workforce.

On the other an article that there isn’t enough Class A office space (the best newest office space) for all the law firms and other firms looking to expand in DC.

[/quote]

Which law firms are expanding? Know lots of people who got pushed out of Big Law in the past two years. The trend has been to downsize and belt tighten.

Law firms are getting out of their pre-COVID leases and trying to move to another Class A property for less money. So many empty Class B & C office bldgs right now. [/quote]

I don’t know these firms, so just the messenger but they list McDermitt Will as one.

Unfortunately, I ran out of free articles for the month.

There is some of firms that signed leases pre-Covid going smaller because of hybrid…though it seems like folks with large lobbying practices are following the fed lead and 5 day RTO.

Yes, lots of empty older buildings…but it’s a bullish sign that firms are willing to pay massive premiums for the nicest newest digs that apparently are now reducing incentives because they are filling up quick.[/quote]

The public library website has a subscription to WBJ.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics