Q&A
Questions about increased city leasing despite fewer employees and remote work
1:14:06
·
55 sec
Council Member Brewer expresses concern about the city leasing more space despite having fewer employees and increased remote work. Commissioner Molina explains the reasons behind the apparent increase in leased space.
- Concerns raised about doubling the amount of leased space while having fewer employees
- Commissioner Molina explains that real estate transactions typically take 2-3 years to realize
- Increased leasing is attributed to transactions already in the pipeline and space needed for the migrant asylum crisis
Gale A. Brewer
1:14:06
Okay.
1:14:06
Now the other issue I have is having worked with a city for a 100 years.
1:14:10
Mhmm.
1:14:10
It seems to me that there is there are fewer, as you suggested, people working for the city unless time into the space.
1:14:18
Mhmm.
1:14:18
So why in the world do we need more space now?
1:14:21
Because it would seem to me if we have fewer employees Mhmm.
1:14:24
And we're not working necessarily 5 days a week, yet it seems according to the press that we've doubled the amount of space that were either leasing or on.
1:14:32
Mhmm.
1:14:32
I don't understand how that works.
Louis Molina
1:14:34
So I I think it's important that traditionally many of these real estate transactions take 2 to 3 years to realize.
1:14:42
So what's being reported from our MMR
Gale A. Brewer
1:14:47
Right.
Louis Molina
1:14:47
Our lease transactions that were already in the pipeline of being done, that in many cases predate the administration and also include the square footage that was needed to deal with the migrant asylum crisis.
