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publications | Commercial Real Estate, Economy

Greater Washington on track for lowest office sales volume since 2009 | Washington Business Journal

December 16, 2023
  • D.C. Policy Center

On December 15, 2023, Executive Director Yesim Sayin was quoted in the Washington Business Journal.

A D.C. Policy Center study released earlier this month estimates estimates D.C. could lose up to $102 million in tax revenue if available space isn’t leased, helping to buoy values.

“It will take some time for the chips to fall, but what we are experiencing right now is the long-term impact of remote work,” said Yesim Sayin, executive director of the D.C. Policy Center, a nonprofit that analyzes the District’s economy.

Read more: Greater Washington on track for lowest office sales volume since 2009 | Washington Business Journal

Related publication: The pandemic’s shadow still looms over D.C.’s commercial real estate market

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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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