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Elon Musk’s DOGE Terminates Leases on 22 Federal Properties

Elon Musk’s DOGE Terminates Leases on 22 Federal Properties

by Phil Hall | Feb 4, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Elon Musk-run Department of Government Efficiency (DOGE) announced the termination of nearly two dozen leases on federal properties. In an X posting on Sunday evening, DOGE announced, “In the past 6 days, the number of lease terminations of underutilized buildings...
Elon Musk: ‘The Fed is Absurdly Overstaffed’

Elon Musk: ‘The Fed is Absurdly Overstaffed’

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk appears to have placed the Federal Reserve in the crosshairs of the Department of Government Efficiency (DOGE). In a posting on X this morning, Musk responded to a tweet regarding Fed Chairman Jerome Powell’s leadership by commenting, “The Fed is absurdly...
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