D.C.’s most prominent office owners say the city isn’t properly accounting for plummeting property values in the office market and could face major budget issues if it doesn’t take action.
Those property owners — including the heads of JBG Smith, Carr Properties, Akridge, Hoffman & Associates and more — signed a letter to D.C.’s top officials raising concerns over the “very troubling” state of the city’s office market and the risks it could pose to its fiscal health. 
Property owners that spoke with Bisnow said D.C. is operating without a plan to account for tens of millions of dollars in lost future revenue and isn’t properly evaluating…