In a recent interview with The Times, the city's CFO Mr. Lee said occupancy in downtown offices has flatlined at 50% of pre-pandemic rates for the past 18 months as many employees continue working remotely from Maryland and Virginia for part of the week.
D.C. Mayor Muriel Bowser calls for tax hikes, social cuts in fiscal 2025 budget
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Losses are projected to worsen afterward as companies shrink their footprints or let leases expire, Mr. Lee said in an interview with The Washington Times.
D.C. braces for funding crisis as the downtown area struggles financially
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