Skip to main content

[WEBINAR] Outlook for Federally Owned and Leased Real Estate Under the Biden Administration

Thursday, Mar 4 2021 at 12:00 - 1:00 pm EST

At the outset of the Biden Administration, we are already seeing a significant shift in Federal policy and direction compared to the previous four years.  But will this also hold true for Federal real estate? Over the past decade, there has been considerable bi-partisan support for more effective management of the Federal portfolio.

Please join us on Thursday, March 4th from 12:00 – 1:00 pm as Yale Alumni Norman Dong (B.A., 1988) and Bob Peck (J.D., 1972), both of whom have served as Commissioner of the General Service Administration’s Public Buildings Service, share their perspective on the outlook for Federally owned and leased real estate under the new Administration.  Yale AREA member, Curtis Sano (B.A. 1988), will act as host.

During the program, Norman and Bob will be sharing their perspective on the future of Federal real estate.  The discussion will cover:

  • overall trends in space utilization and the short and long-term impact of the COVID-19 pandemic;
  • the Federal budget outlook and the impact on the Federal buildings portfolio and large-scale projects;
  • the impact of Opportunity Zones and TOD on the location of Federal facilities;
  • climate change initiatives and their impact on PBS program direction;
  • other aspects of managing a portfolio of approximately 370 million square feet of owned and leased space across the country.

This talk is open to the public. Please register in advance to attend.

This webinar is hosted by the Yale School of Management International Center for Finance in partnership with the Yale Alumni Real Estate Association.

Watch a recording of the event:


  • Norman Dong

    Managing Director at FD Stonewater

    Norman Dong serves as Managing Director at FD Stonewater, a real estate brokerage, development, investment firm. As the former Commissioner of the GSA Public Buildings Service, Mr. Dong managed the nationwide asset management, design, construction, leasing, building management and disposal of approximately 372 million square feet of government-owned and leased space. In addition, Mr. Dong served as Acting Controller at Office of Management and Budget, where he was responsible for Federal real property management, and as Chief Financial Officer of the Federal Emergency Management Agency. In addition to his Federal experience, Mr. Dong has held leadership positions at the state and local levels of government, including Deputy Mayor for Operations and City Administrator for the District of Columbia. He holds a Bachelor’s degree from Yale University and a Master’s degree from the Harvard University John F. Kennedy School of Government.

  • Robert Peck

    Principal at Gensler

    Bob Peck is a Principal at Gensler and is co-leader of the firm's Government & Defense Industry sector. He served for eight years as Commissioner of the U.S. General Services Administration’s Public Buildings Service, responsible for design, construction, leasing, and management for more than 375 million square feet of space housing more than 1.1 million employees with an annual budget of more than $9 billion. He has been a land use attorney, commercial real estate mortgage banker and broker, and has also served as President of the Greater Washington Board of Trade and Vice President for Public Affairs at the American Institute of Architects. He received his B.A. cum laude with distinction in economics from the University of Pennsylvania and his J.D. from Yale Law School. A Gensler Principal, Bob has been a visiting Loeb Fellow at Harvard University's Graduate School of Design and a visiting lecturer at Yale College. An Honorary Member of both the AIA and American Society of Landscape Architects, in 2012 he received the AIA Thomas Jefferson Award for Public Architecture.

  • Curtis Sano

    Attorney at Holland & Knight's

    Curtis L. Sano is an attorney in Holland & Knight's Tysons office. He has more than 25 years of experience representing developers, lenders, property owners and tenants in the area of real estate law.

Additional Information