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Tuesday, September 10, 2024 - 3:15pm | Posted by: ORA Fiscal and Legislative Analysis Team

In June, the Council of the District of Columbia passed legislation adopting a new budget and financial plan, beginning this coming October 1 and extending through fiscal...

Wednesday, September 4, 2024 - 4:00pm | Posted by: Susan Steward

We recently released our annual tax burden study for the ...

Image 1: Thumbnail stacked bar chart titled 'Vacant Office Space in DC by Class, 2005–2023 (in millions of square feet).' Class A (dark purple) and Class B (light purple) vacant space are stacked by year. Total vacant space started at 7.2M sq ft in 2005, dipped after 2006, climbed steadily, and reached 18.1M sq ft in 2021 before spiking to 26.5M sq ft in 2023. Class B vacancy increased sharply after 2021.
Monday, July 15, 2024 - 4:00pm | Posted by: Daniel Muhammad

When a city's commercial office buildings are experiencing a trend of increasing net vacant space over the long term, it signifies a growing lack of demand for office space in the market. This surplus of available office space can prompt a...

Tuesday, July 2, 2024 - 2:00pm | Posted by: ORA Staff

Below is the letter and accompanying presentation our office sent to the D.C. Mayor and Council, outlining our latest quarterly revenue estimate for June 2024. You can find the...

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