Hundreds of federal office leases to be canceled

The General Services Administration (GSA) plans to cancel hundreds of federal office leases in the coming months. This decision follows collaboration with Elon Musk's Department of Government Efficiency, marking a significant shift in federal office space management. Lease cancellations are set to begin on June 30, affecting various agencies across the U.S. Locations include offices in South Carolina, Massachusetts, Idaho, and more. Agencies must decide whether to negotiate new leases or relocate. Additional cancellations are expected through the end of the year, with specific dates for various agencies. This move reflects a broader strategy to reassess federal office space needs amid changing work environments.