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DC Proposes Tax Abatement to Incentivize Conversion to Housing Development

The District of Columbia’s office market, particularly Class B and C properties, is facing a calamity of epic proportions with occupancy, revenues, and valuations plummeting. Like other municipalities facing similar office...more

Downtown DC’s Recovery: the District Government Hopes Incentives Will Help

Foot traffic in the downtown DC area has not yet recovered to February 2020 levels. According to data from the Downtown Business Improvement District Corporation, released in March 2022, most office workers are still working...more

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