On January 27, 2023, the D.C. Policy Center’s report, Remote work and the future of D.C. (Part 2), was cited by the Washington Post:
Even before the pandemic, downtown Washington had an oversupply of offices that was aggravated by the emergence of telework and competition from emerging neighborhoods such as the Wharf. That dynamic has only accelerated since 2020. According to a 2022 survey by the D.C. Policy Center, 137 of the city’s 733 large office buildings — most of them downtown — had vacancy rates of more than 25 percent. An analyses by the CBRE real estate firm found that vacancy rates by the end of 2022 had reached 20 percent in the city’s most modern offices and nearly 25 percent in older buildings.
Read more: Downtown D.C.’s struggles mount as many workers remain remote | Washington Post
Related: Remote work and the future of D.C. (Part 2): What does remote work mean for the District of Columbia’s tax base? | D.C. Policy Center