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Committee defers Washington Square office-lease resolution to review rent details
Summary
The committee voted 5–0 to defer RS20251689, a proposed lease for office space in the Washington Square Building, after members requested the rent-per-square-foot breakdown and fair-market-value information.
The Government Operations & Regulations committee voted to defer RS20251689 for one meeting to allow members time to review rent calculations and the price-per-square-foot details for office space at the Washington Square Building.
Speaker 1 introduced the resolution as an agreement between the Metropolitan Government and an investment holding LLC for office space at Washington Square. Speaker 4 said they had not had a chance to review the rent per square foot and moved to defer the item for one meeting. Staff (Speaker 5) said the detailed rent and space data are part of the agreement and can be pulled up for committee review.
Committee members asked whether deferral would affect the broader calendar; Speaker 1 noted that a deferral would push the item to the 20th of January and asked administration staff to confirm there would be no unintended consequences. After discussion, the committee voted 5–0 to defer RS20251689 to permit additional review.
The record shows the committee chose postponement rather than deciding on the merits; no final lease terms were approved during the meeting.
