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Federal Real Property: Strategy Needed to Address Agenciesí Long-Standing Reliance on Costly Leasing
In Jan. 2003, fed. real property was designated as

Our Price: $20.00
By Mark L. Goldstein (au)
Year: 2008
Pages: 40
Binding Paperback

Product Code: 1437901751

In Jan. 2003, fed. real property was designated as a high-risk area, citing the govít. over-reliance on costly, long-term leasing. Building ownership often costs less than operating leases, esp. for long-term space needs. This report identifies: (1) the profile of domestically held, federally leased space incl. the overall amount and type of space that agencies lease, and any related trends; (2) the factors that drive agencies to lease space that may be more cost-effective to own; and (3) any actions taken by the admin. and alternative approaches proposed to address this issue. The author interviewed officials from the GSA, the OMB, and the USPS. Also reviewed 10 building leases that were among those with the largest dollar value. Includes recommendations. Tables.

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