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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...
Senate Approves RFK Stadium Transfer from Federal to DC Government

Senate Approves RFK Stadium Transfer from Federal to DC Government

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

The saga over the fate of Robert F. Kennedy (RFK) Memorial Stadium took another turn this weekend as the US Senate unanimously voted to approve legislation that transferred the ownership of its land from the federal government to the District of Columbia for a 99-year...
Senate Approves RFK Stadium Transfer from Federal to DC Government

RFK Stadium’s Fate Uncertain After Continuing Resolution is Pulled

by Phil Hall | Dec 19, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The future Robert F. Kennedy Memorial (RFK) Stadium in Washington, DC, was thrown into uncertainty when the congressional Continuing Resolution was abruptly pulled from consideration. WJLA.com reported the DC Robert F. Kennedy Memorial Stadium Campus Revitalization...
Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago

Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago

by Phil Hall | Dec 11, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Elon Musk’s close relationship with President-elect Donald Trump may become neighborly, as the Tesla and SpaceX chieftain and co-director of the Department of Government Efficiency is reportedly seeking a luxury property near Trump’s Mar-a-Lago estate in Palm Beach,...
Feds to Shed 8 Government Buildings

Feds to Shed 8 Government Buildings

by Phil Hall | Dec 6, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Ahead of the new Elon Musk-Vivek Ramaswamy initiative to cut federal waste through the Department of Government Efficiency (DOGE), the US General Services Administration (GSA) announced eight federal properties will be jettisoned from its portfolio. The GSA plan said...
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