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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...

Two stacked horizontal bar charts titled "Income = $75,000" and "Income = $100,000," showing the total tax burden across eight jurisdictions in D.C., Maryland, and Virginia. The burden is divided into Sales (blue), Property (green), Income (orange), and Auto (yellow) taxes. At both levels, Washington, D.C. maintains the lowest property tax and total tax burden, while the Maryland counties (Montgomery and Prince George's) have the highest income tax components in the region.
Tuesday, June 4, 2024 - 8:00am | Posted by: Susan Steward

In the evening hours of October 8, 1871, a fire erupted in Chicago. This event would later become known as the Great Chicago Fire.

Over 17,000 buildings would be destroyed, with more than 90,000 Chicago residents displaced as a...

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