- Sep 3, 2011
- Professional Status
- Certified General Appraiser
What street will they be located?
"Pete Bakel, a spokesman for Fannie Mae, said that despite the rising construction costs identified in the OIG report, the move to Midtown Center will still save taxpayers about $330 million over the next 15 years as the agency consolidates its offices in the Washington area into the more energy-efficient space.
Bakel said the higher construction costs were in part due to the agency selecting more expensive energy-efficient elements such as LEDs instead of florescent lights as well as mechanical shades up front that it said would help lower costs during the 15-year lease. “It’s completely consistent with an agency that’s in conservatorship,” he said.
The glass enclosed walkways, he said, help employees get from one building to another without having to go outside. “It reduces wasted employee time,” he said"
The future for fannie looks as shiny as their new glass building. What street will they be located?