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publications | Business Conditions, Economy

Falling D.C. Office Valuations Making Teardowns More Feasible | Bisnow

January 26, 2023
  • D.C. Policy Center

On January 26, 2023, D.C. Policy Center Executive Director Yesim Sayin spoke at an event and was quoted by Bisnow:

The examples of conversion projects planned or underway in D.C. may not be indicative of an oncoming wave, but they could help accelerate the phenomenon of downtown residential becoming more valuable than office. 

“The more successful the conversions are, the less the conversation is about whether the floor plates are right or wrong, because if the value is in residential, then you may as well just tear down and rebuild,” DC Policy Center Executive Director Yesim Sayin said.

Read more: Falling D.C. Office Valuations Making Teardowns More Feasible | Bisnow

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D.C. Policy Center


Established in 2016, the D.C. Policy Center is a non-partisan research and policy organization committed to advancing policies for a strong and vibrant economy in the District of Columbia. Through rigorous research and collaboration, the D.C. Policy Center develops and tests policy ideas, disseminates its findings, and engages in constructive dialogue and debate.

For more information, please see our About page.

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