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Yahoo
19-05-2025
- Lifestyle
- Yahoo
The best garden furniture for every occasion: 37 expert picks for summer
Whether you're enjoying afternoons lounging in the garden, a lively barbecue on the patio or a sundowner on the balcony, the right outdoor furniture can transform an outdoor space completely. No matter how beautifully your garden is designed, shabby seating will bring the whole vibe down, so it pays to get it right. Here are my picks of the best garden furniture. *** I've written about design for newspapers and interiors magazines for more than two decades. In that time, I've researched every conceivable design-related subject, from kitchens to carpets, taps, tech, bathrooms, bedding and beyond. I've also written a lot about gardens, and I've scoured hundreds of my favourite suppliers to find the most stylish, versatile and budget-friendly options available. *** Tikamoon Ernest bench £399 at Tikamoon The Ernest bench is a curvaceous take on a traditional design, providing a comfortable seat for two to three people. Made of solid teak – a moisture-resistant and durable timber – its glorious golden colour can be preserved with wood oil or left to take on a silvery grey patina. Dunelm rattan bench £49 at Dunelm This stylish budget-friendly bench has a seat woven in easy-to-clean faux rattan, sitting atop a durable, powder-coated steel frame. Lightweight, weatherproof and, above all, comfortable, it requires no assembly and is perfectly proportioned for a smaller garden, a patio or even a conservatory. Gerrit Rietveld x Hay Crate dining bench £539 at Holloways of Ludlow Originally designed in 1934 by Dutch architect Gerrit Rietveld to make use of wooden shipping crates, the Crate Collection has been relaunched as a collaboration with Danish design brand Hay. With a water-based lacquered finish, this solid pine bench is available in five colours. Optional cushions are available, too. Green scrolled garden bench £149 at Dibor This backless bench is made from high-quality iron, with elaborately scrolled arms and smart slats giving it a wonderfully romantic feel. With its pretty sage green finish, this neat seat is the perfect size for a patio or a hidden shady spot. Artur Lindqvist for Grythyttan Stålmöbler Soffa 5 From £1,065 at Holloways of LudlowFrom £1,330 at Nordic Nest Soffa 5 is an evolution of Grythyttan Stålmöbler's first-ever chair, the A2 armchair, which was first introduced in 1930. Intrinsically Nordic in its design, a simple but functional steel frame supports sustainably sourced lengths of solid oak or teak, all of which can withstand the most challenging of weather conditions. Rockett St George station-style wooden garden bench £1,495 at Rockett St George This handsome, station-style bench is manufactured from strong reclaimed teak, with a gently curved back, an adjustable central support, copper wire detailing and rubber stud feet to keep damp at bay. Mater Ocean bench £1,200 at SkandiumFrom £1,192.66 at Nordic Nest Part of Danish green-tech design brand Mater's Ocean collection, this bench is available in four colours, all of which are formed using different types of recycled plastic. The burnt red version is made with post-consumer e-waste from end-of-life electronic appliances, including fridges, displays and keyboards. Interiors by Premier Brighton kids picnic bench £67.49 at Debenhams£99.99 at H&M This picnic-style Brighton bench is designed with kids in mind. With smaller proportions to suit little people, the sturdy piece is available in pink, grey and this cheerful royal blue. Zara Home woven outdoor bench £419.99 at Zara Home The woven back and seat of this neat bench are made from Recycled Claim Standard-certified recycled polyethylene recovered from post-consumer waste, making it a more sustainable choice. With a lacquered iron frame and armrests, its pared-back design would suit any modern garden or patio. A matching chair is also available (£219.99). Fermob Luxembourg garden bench £575 at The Worm That Turned The Luxembourg range was originally created for the gardens of the same name in Paris, and has since acquired legendary status. Reinvigorated by French designer Frédéric Sofia in 2003, this aluminium bench combines visual lightness with the comfort of a curved seat and is available in 25 colours. Related: The secret to making garden furniture sing? The planting around it *** GoodHome Elos rattan effect four-seater dining set £425 at B&Q Made from low-maintenance synthetic rattan, the ingenious design of this dining set means the chairs fit under the table – handy if space is limited. Cushions make the seats extra comfy, and the covers are removable and washable for easy cleaning. George green metal slat three-piece bench set £299 at Asda For a designer look with a high-street price tag, this striking metal dining set includes two sleek benches and a table made from corrosion-resistant, galvanised steel. The green colourway works well in a host of alfresco scenarios. Ikea Norrmansö table and six chairs £979 at Ikea Every Norrmansö dining table is unique thanks to the natural grain patterns and colour shifts in the rich acacia wood. Designed to seat six people, the matching chairs can be stacked in threes for easy storage. Next Abel six-to-eight-seater rattan garden dining table and chairs £1,399 at Next With compact chairs that slide underneath the table when not in use, this contemporary set seats up to eight comfortably. Rattan-effect arms are complemented with sage green cushions that can easily be removed for storage. Tom Dixon Groove dining table and four chairs £1,605 at Holloways of Ludlow This Groove dining set, from British designer Tom Dixon's first outdoor furniture collection, takes its cue from the curves seen in art deco design. It's available in two glossy powder-coated finishes, moss and putty, and it's made from weatherproof and corrosion-resistant aluminium. Garden Trading Marcham oval six-seater dining set £1,280 at Garden Trading Including an oval dining table, six carver chairs, a parasol and a base, this aluminium latticework dining set is finished in a clay colour that suits a multitude of schemes. Bar the cushions, it can be left outside over winter, too. Despite being lightweight, the design is heavy enough to withstand the windiest of climates. Barker and Stonehouse Ischia grey steel bar stools and table £999 at Barker and Stonehouse This modern bar set cleverly integrates a state-of-the-art fire pit. Its four lightweight, high-level chairs have stainless-steel frames and fabric seats. Related: How to create a more eco-friendly lawn: six things you can do right now, according to an expert *** Made Avarna garden corner lounge set £1,699 at Next This jolly striped sofa has a chunky plinth base and comfortable, thick cushions. It includes a corner unit, three single units, one footstool and a coffee table, and the modular design means you can configure it to suit your needs. King Living Plateau outdoor sofa From £1,150 at King Living This iF Design Award-winning two-seater sofa has weighted backrests that can be repositioned on the base for upright sitting or lounging, and you can expand the unit with extra modules if required. Choose from a range of stain- and UV-resistant outdoor fabrics. John Lewis x Sanderson Cantaloupe Platform four-seater set £1,499 at John Lewis Covered in an enchanting Cantaloupe heritage print from the Sanderson archive, this lounging set is modular, so it can be arranged to suit your space. The frame is weather-resistant, and the set includes a matching coffee table. Neptune Longmeadow two-seater sofa £1,795 at Neptune With a warm honey finish, the hand-woven, all-weather wicker lattice frame of this sofa is topped with removable weather-resistant cushions. A charming take on wicker garden furniture, this is a classic piece that will never go out of style. Philippe Starck for Kartell Bubble Club sofa £949 at Heal's£949 at Holloways of Ludlow Conceived by French designer Philippe Starck, the award-winning Bubble Club sofa is made from batch-dyed polyethylene and comes in various colours. It's a weather-resistant, minimalist take on a traditional sofa shape, making it perfect for a patio or even poolside. Rowen & Wren Emerson garden sofa £1,998 at Rowen & Wren Reminiscent of traditional deckchairs, the stripy cushions on this outdoor sofa will make a playful addition to any outside space. The three-seater frame is made from solid teak that will age beautifully over time. Cox & Cox Ravenna corner set £1,995 at Cox & Cox£2,050 at Next This slatted acacia wood set comprises a large corner sofa topped with plush grey cushions and a matching coffee table. Birdie Fortescue Curato garden sofa £995 at Birdie Fortescue Taking inspiration from an antique rattan piece, the painted frame of the Curato sofa is made from aluminium and features a comfy, weatherproof cushion. Carl Hansen & Søn BK13 & BK17 swing sofa From £1,515 at Chaplins£1,515 at Holloways of Ludlow The Carl Hansen & Søn swing sofa was designed by Danish designer Bodil Kjær in 1959. Featuring knotted ropes and optional weather-resistant Sunbrella cushions, the gentle motion of the solid teak seat is wonderfully relaxing. 4 Seasons Outdoor Albano 2.5-seater sofa £1,019 at Heals With a woven rope frame and deep, weather-resistant cushions, this compact sofa seats two people comfortably. Matching chairs are also available. Related: The best gardening tools: essential kit, chosen by experts *** Atkin and Thyme Lauren two-seat bistro set £519 at Atkin and Thyme The diagonal lattice weave of the Lauren bistro set is made from low-maintenance, UV-resistant and weatherproof Everope, making it suitable for all climates. The aluminium frames are hard wearing, and the cushions can be left outside all season. Sarah Raven Seville bistro set £459 at Sarah Raven This chic iron bistro set from English gardener, cook and writer Sarah Raven includes a table and two folding chairs. The vibrant green powder-coated finish will look great in any outdoor space. Merchant & Found 1950s French outdoor table and two chairs £195 at Merchant & Found Vintage pieces are a great way to add character to any garden or deck. These classic Toledo garden chairs and neat metal table have been cleaned, serviced and made fit for use. La Redoute Dudena three-piece acacia garden set £159.99 at La Redoute Made from weather-resistant acacia wood, the Dudena garden set is perfect for smaller spaces and folds away quickly for easy storage. Choose from four colours for the tabletop and seats. Royalcraft Venice bistro table and chairs £148.99 at Robert Dyas£199 at Marks & Spencer Smart and practical, this classic metal bistro set includes two chairs and a compact table. It's available in olive or cream, and the chairs can be folded away and stacked for easy storage. Beliani Florentine/Limni rattan bistro set £779.99 at B&Q£779.99 at Amazon With decorative, peacock-tail backrests, these rattan chairs have a distinctly 70s feel, with cotton seat pads to make them more comfortable. The lightweight coffee table contains an iron frame for more stability. Charles Bentley wrought iron feminine bistro set £159.99 at Debenhams£159.99 at Charles Bentley This charming wrought iron bistro set has an antique feel to it. Ideal for smaller patios or balconies, it can be folded for storage, too. Bramblecrest RHS Wisley round bistro set £599 at Charlies£599 at Garden Furniture World Bring a touch of RHS Wisley to your garden with this elegant bistro set. It features crisscross seat-backs, a low-maintenance, wood-effect tabletop and cushions covered with season-proof, UV-resistant fabric made from recycled plastic bottles. Tectake Molfetta two-seater natural bistro set £141.99 at B&Q£145 at Wilko This compact three-piece set is a modern take on traditional rattan. Ideal for smaller balconies or patios, its slender legs and water-repellent cushions also add a contemporary feel. Graham and Green outdoor bistro table and chairs £525 at Graham and Green Including two chairs and a round table topped with tempered glass, the woven herringbone pattern on this white and mint green bistro set gives it the feel of authentic Parisian cafe furniture. *** *** With countless materials, styles and configurations to choose from, the first thing to consider with garden furniture is how you're going to use your space. Finding a balance between what you need for larger gatherings or parties and regular day-to-day use is essential. For example, you may occasionally host a crowd of people, but only three or four will be using it more often than not. Think too about how you like to sit: is upright dining more important, or do you love a good lounge? L-shaped, sofa-style seating makes good use of the space in smaller gardens and urban environments, as does an extendable table with stacking or folding chairs. A chic bistro set also works well and is easy to fold away when it's not in use. Comfort is important, so consider how long you're likely to sit down; the ergonomics of a chair will make a difference, whether it's something upright or more slanted and relaxed. And before you buy anything too bulky, be aware of the space around a table – is there room to pull chairs out properly so no one feels too cramped? To make sure, aim for a minimum of 90cm between the table and surrounding walls, furniture or the edge of decking. This allows for easy access and movement around the table. If you have larger chairs, 125cm will be ideal. Related: Warm weather essentials: 42 ways to make the most of the sunshine If furniture needs to stay outside, invest in designs that can withstand the changing climate. In the winter, most furniture will benefit from being stored in a garage or shed or under a cover to protect it from frost. Even so, it may get damp, which is where the material you choose can make all the difference. Natural woods such as teak, eucalyptus, acacia and oak are timeless options that will never go out of fashion – they're beautiful and tactile with a warmth that human-made materials just can't match. The same goes for rattan, but make sure it's a decent weight so it doesn't blow away. Metals, including wrought iron, cast aluminium and powder-coated steel, are long-lasting and low-maintenance, while coloured pieces can add personality to a space. Potentially the most durable of all, synthetic materials such as poly rattan and synthetic wicker (preferably recycled) are weather-resistant, easy to clean and quick to dry, and will be tough enough to withstand being outdoors all year round. Vintage garden furniture, if in good condition, is an environmentally sound alternative to buying brand new, and it can also add a certain charm to an outside space. Wrought iron designs with scrollwork or floral designs can be an elegant choice. Look for sets by brands such as Arras and Coalbrookdale. For something sleeker, Tolix Model A chairs, originally designed in 1934 for French cafes, are great. Teak and hardwood pieces are durable and weather beautifully. Look for mid-century teak loungers or beech German folding dining chairs and tables, which are strong, stable and will last for years. Cast aluminium sets, often painted white or green, are lighter than iron and Victorian- or Edwardian-style reproduction sets are widely available. Always check for structural integrity and be realistic about restoration. Make sure there's no rot or splits, and bear in mind that wobbling legs or rusted-through joints might need expensive repairs. Paint stripping and rust removal can be fun, but it's also time-consuming. To source vintage pieces, try antique fairs such as Ardingly International Antiques Fair, Newark Antiques Fair and Kempton Park, or architectural salvage yards such as Retrouvius or Lassco. Online, try eBay, Vinterior, Etsy, SalvoWeb and Hampshire-based vintage furniture specialist Merchant & Found. Cleaning garden furniture regularly is essential to prevent dirt from building up and causing damage. Most designs require little more than a once-over with a soft-bristled brush to remove dust and debris, followed by a wipe down with warm water and a mild soap such as washing-up liquid or a specially formulated garden furniture cleaner. Always avoid using harsh chemicals, abrasive cleaners or high-pressure washers that can damage coatings and more delicate materials. For stubborn stains, try a paste of white vinegar and bicarbonate of soda, but make sure to test in an inconspicuous area first. Wooden furniture will need treating regularly with a teak oil to protect and maintain its surface, while metal furniture can be given a boost with a fresh coat of paint. First, ensure the surface is clean, then lightly sand and remove any rust before applying a coat of all-surface primer and two coats of exterior gloss or exterior eggshell. Leave to cure for three to five days before using. *** Claudia Baillie is a journalist specialising in design and interiors. Although her days are spent writing about high-end and contemporary furniture and spaces, she loves nothing more than a rummage at a charity shop or car-boot sale. She's the proud recipient of several industry awards, including a Red Carpet Award, which is literally for writing about carpet. She owns too many souvenir 'I Heart' mugs. One day, she would like to live by the sea and become an artist
Yahoo
01-05-2025
- Business
- Yahoo
Why Easterly Government Properties Stock Is Down Today
Easterly's results met expectations, but investors were more focused on other corporate actions taken in recent weeks. The company has the potential to be a winner from the effort to streamline government, but investors would be wise to be cautious right now. Government real estate owner Easterly Government Properties (NYSE: DEA) reported quarterly results that were roughly in line with expectations, but investors are still more focused on disappointing news the company released earlier in the month. Shares of Easterly traded down 3% as of 2 p.m. ET on Tuesday. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » As its name implies, Easterly is a real estate investment trust (REIT) that is focused on government properties. The company has been in the spotlight of late due to the efforts of the Department of Government Efficiency (DOGE) to cut federal spending, including real estate. Earlier this month, the REIT said it was reducing its quarterly dividend by 32% and implementing a 1-for-2.5 reverse stock split. CEO Darrell Crate said the move would align the company's dividend payout ratio with industry peers, but some investors had been attracted to Easterly thanks to its relatively high dividend yield. Shares lost 15% of their value on the announcement. On Tuesday, the company reported first-quarter funds from operations (FFO) of $0.73 per share on revenue of $78.7 million. The FFO number, which is a REIT equivalent for earnings, matched expectations, while revenue missed by $1.3 million. Easterly is in the investor penalty box following the early April announcement, but the latest results at least provide for some hope that the company remains on track. Crate continues to believe it can be a net beneficiary from DOGE, saying, "We have observed the U.S. government to be more receptive to cost saving efforts than in the past" and said Washington could be interested in partnering with private real estate owners instead of relying on government-owned buildings. The potential is there, but after a tumultuous April, Easterly has become a "show me" stock. Investors without a significant appetite for risk might want to limit this one to the watch list for now. Before you buy stock in Easterly Government Properties, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Easterly Government Properties wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $598,818!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $666,416!* Now, it's worth noting Stock Advisor's total average return is 872% — a market-crushing outperformance compared to 160% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 28, 2025 Lou Whiteman has positions in Easterly Government Properties. The Motley Fool recommends Easterly Government Properties. The Motley Fool has a disclosure policy. Why Easterly Government Properties Stock Is Down Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
08-02-2025
- Entertainment
- Yahoo
Song of the Week: Lady Gaga Conjures a New Generation of Little Monsters with 'Abracadabra'
The post Song of the Week: Lady Gaga Conjures a New Generation of Little Monsters with 'Abracadabra' appeared first on Consequence. Each week, Consequence's Songs of the Week roundup spotlights quality new tracks from the last seven days and analyzes notable releases. Find our new favorites and more on our Top Songs playlist, and for other great songs from emerging artists, check out our New Sounds playlist. This week, Lady Gaga leans into her most hypnotic persona. When Lady Gaga teased her seventh studio album with the release of 'Disease,' it was clear that she would be using the forthcoming LP, Mayhem, as a return to form of sorts. If that first single was a murmur in the direction of more dance floor hits from the Mother Monster, then her new release, 'Abracadabra,' isn't just further confirmation; it's a shout from the rooftops. Lady Gaga is one of the most well-rounded entertainers we have at the moment. She's an expert songwriter, strong actress, and an undeniably exceptional stage performer. She's adept across genres, from her pop roots to the country-adjacent moments in A Star Is Born; while Joker: Folie à Deux was a flop, her Harley Quinn-inspired companion album of jazz and Great American Songbook standards almost made it worth it. (Almost.) What this all comes down to is that Gaga is great at many things, but something special happens when she leans into dark pop, especially when the music plays around with concepts of the occult or taboo. In 'Abracadabra,' she goes all in: 'The concept is dance, or die,' she proclaims at the start of the music video, which Gaga herself co-directed with Parris Goebel and Bethany Vargas. Throngs of writhing backup dancers, a chanting chorus reminiscent of witchcraft intertwined with Gaga's own name, lyrics about haunting trances and casting spells, and one perfectly placed feral scream come together like a lightning rod for a new generation of potential Little Monsters. There's a tether between the Gaga of 2009 who seduced us with 'Bad Romance' and the Gaga of 'Abracadabra,' but it doesn't feel like the acclaimed artist is striving to recreate the magic of the past. Instead, Gaga — 15 years after she burst into the entertainment world with a nearly unrivaled passion for performance — is exploring her first artistic persona through a new, more experienced lens. We know more about Stefani Germanotta these days than ever before, but removing some of the mystique over the past few decades has removed none of her power. Lady Gaga can arguably do it all — including cast a spell over her willing audience. — Mary Siroky Associate Editor Crate — 'Necklace' New York shoegazers Crate offered quite the impressive debut single with last year's 'Julia,' and they're keeping up their hot streak with new song 'Necklace.' With a bit more unpredictability in the mix, like the strange, off-rhythm metronome tones buried behind the guitars, 'Necklace' expands the margins of Crate's nostalgic sound while placing them in a dynamic grey area — not exactly quiet or lowkey, and not really rambunctious and loud. If anything, 'Necklace' proves that the new band have the shoegaze world at their fingertips. — Paolo Ragusa Deep Sea Diver (feat. Madison Cunningham) — 'Let Me Go' Just weeks away from releasing their full-length Sub Pop debut, Deep Sea Diver have shared the third single from Billboard Heart. To sweeten the deal before it hits the market on February 28th, the group summoned singer-songwriter Madison Cunningham to join forces with in-house vocalist Jessica Dobson on 'Let Me Go.' Together, both Los Angeles natives meld their voices and add a distinct glimmer to the instrumentation's balmy fuzz. — Karan Singh Deb Never — 'This Alive' The allure surrounding Deb Never has only grown with each of her releases. The Pacific Northwest native hasn't dropped much material since 2023's Thank You For Attending, which is why her latest offering perfectly hits the spot. Pulsating over a backdrop of sprawling guitar distortion, the bassline on 'This Alive' adds an even darker shade to her shadowy voice and transports it to a spectral dimension. — K. Singh Dora Jar — 'Lucky' Dora Jar has shared the tender, pared-down 'Lucky,' her first release since last year's excellent debut No Way to Relax When You're on Fire. Though she sings wistfully of being 'lucky,' the blooming sounds beneath her suggest a kind of awesome power; it's like the goodness she feels is so overwhelming that it's maybe the scariest thing she's ever experienced. It's all done subtly, though, showing once again that Dora Jar is a cut above her singer-songwriter contemporaries. — P. Ragusa FACS — 'Ordinary Voices' Today, Chicago post-punkers FACS return with their new album, Wish Defense. Notably, it was the last record the late, great Steve Albini engineered — and tracks like 'Ordinary Voices' prove what makes him, and the band, so incredible. The composition is sprawling and dynamic, leaning on space and repetition, while the production boasts Albini's trademark drum sounds and intensity (thanks in part to the production instincts of John Congleton, who stepped in to mix the album after Albini passed). It's a killer tune off a killer record that does justice to the best of both FACS and Albini. — J. Krueger Hamilton Leithauser — 'Burn the Boats' On the latest single from his upcoming solo album This Side of the Island, The Walkmen frontman Hamilton Leithauser gets playful and groovy. Overtop of its mid-tempo, dancy instrumental, Leithauser squeezes every ounce of emotional theatrically out of his voice. All the while, unusual, woozy overdubs keep the tone light and breezy, even as he sings about longing for home. — J. Krueger Maruja — 'Aon' Maruja, one of our emerging artists to watch in 2025, have announced their next creative endeavor, Tír na nÓg, a fully improvised EP split into four new tracks. 'Aon,' the project's opening cut, arrives as the first single. Over the course of its extended runtime, the initial ambiance slowly develops into an intense, dissonant freakout of a jam. It's the soundtrack to a growing sense of dread, and it's absolutely captivating. — J. Krueger Punchlove — '(sublimate)' There's an irresistible hypnotism to Punchlove that makes it tough to focus on anything other than their music. The group's latest single, for instance, almost has a tranquilizing effect that evokes no resistance amid its density. A specimen of noise, '(sublimate)' is further proof of the Brooklyn-based outfit's proclivity for tasteful disturbance. — K. Singh Yasiin Bey and The Alchemist — 'Kijani' Hip-hop veterans Yasiin Bey (formerly Mos Def) and The Alchemist have been teasing a collaboration for quite some time now, with the latter having previewed their crossover joint 'Kijani' at a number of shows over 2024. Cruising over the piano-centered beat with his trademark lethargy, almost as though he's singing in his sleep, the New York MC ponders the durability of all things beautiful on this standout track. After teasing the song live in recent months, the track has officially been released today as part of the duo's debut project, FORENSICS, available exclusively on Bandcamp. — K. Singh Song of the Week: Lady Gaga Conjures a New Generation of Little Monsters with 'Abracadabra' Mary Siroky and Consequence Staff Popular Posts Beyoncé and Kendrick Lamar Win Big at 2025 Grammys: See Full Winners List David Lynch's Cause of Death Revealed Buffy the Vampire Slayer Revival with Sarah Michelle Gellar Coming to Hulu Tame Impala Score First-Ever Grammy Win Doechii Brings the House Down with "CATFISH" at the 2025 Grammys: Watch 11 Well-Liked Artists Who Made an Album That Pissed Off Their Fans Subscribe to Consequence's email digest and get the latest breaking news in music, film, and television, tour updates, access to exclusive giveaways, and more straight to your inbox.
Yahoo
05-02-2025
- Business
- Yahoo
Easterly Government Properties CEO Advocates for GSA Reform Through DOGE Partnership
WASHINGTON, February 05, 2025--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the "Company" or "Easterly"), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, today offered recommendations to the leaders of the Department of Government Efficiency (DOGE) in support of their goal to make the General Services Administration (GSA) more efficient. "DOGE represents an exciting opportunity for the United States Government to address the inefficiencies that exist in the thicket of federal bureaucracy and meaningfully save taxpayers money," said Darrell Crate, President & CEO of Easterly Government Properties and former Chairman of the Massachusetts Republican Party. "We have witnessed firsthand how slow decision-making and archaic financial rules have cost the American people significant resources. As the government undergoes this transformation, we stand aligned with DOGE's efforts and are ready to leverage our expertise to help streamline operations, reduce costs, and ensure that taxpayer dollars are used efficiently." "Easterly owns and develops mission-critical facilities that serve essential functions for our nation like getting deadly drugs such as Fentanyl off the street, furthering criminal investigations, including cyber and terrorism, providing state-of-the-art Veterans healthcare, and ensuring stronger border security, among others," said Crate. "After specializing in federal real estate for over 15 years, we have many observations of easy wins to save the Government money." Crate has offered DOGE leadership the following recommendations for GSA reform: Reform TAPS & Leasing v. Owning Real Estate: Reform The Automated Prospectus Systems (TAPS) to reflect current fiscal realities that the GSA is not annually funded for real estate capital needs such as repairs and maintenance for its owned portfolio. This has contributed to the estimated $80 billion in deferred maintenance for the Government's owned assets. Reforming the TAPS analysis will ensure the government better estimates the total cost of ownership and supports leasing as a more cost-effective solution. Increase Flexibility of Budget Scoring Rules: The federal government has self-imposed accounting rules that discourage public-private partnership, like not allowing the government to negotiate a discounted purchase option or permitting ground lease -lease backs. More flexible budgetary scoring will drive private sector innovation and ultimately save the Government money. Streamline Prospectus Lease Process: The prospectus planning process for renewal of GSA's larger leases starts five years prior to its current lease expiration. This protracted timeline does not keep up with evolving market conditions. Cutting through the bureaucratic process and approving prospectus leases sooner can improve the viability of the procurement of leased space and ultimately improve the efficiency of the government and deliver more value for less. Modify Lease Structure: Government can save upfront costs by adopting a more commercial lease structure with annual escalations as opposed to flat rents for the duration of the lease term. This will allow the government to minimize rental obligations at the beginning of the lease and allow the lessor to keep pace with market conditions. As last reported in connection with the Company's third quarter 2024 earnings release, Easterly owns 9.3 million square feet of real estate leased to the United States Government with a weighted average remaining lease term of 10.2 years. Easterly's portfolio is comprised of approximately 95% firm term leases that support mission-critical agencies, including Immigration and Customs Enforcement (ICE), U.S. Customs & Border Protection (CBP), Department of Defense (DOD), Drug Enforcement Administration (DEA), Federal Bureau of Investigation (FBI), and the Department of Veterans Affairs (VA). About Easterly Government Properties, Inc. Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C. and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. With a long-stated goal of being the partner of choice to the United States Government, Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "believe," "expect," "intend," "project," "anticipate," "position," and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to those risks and uncertainties associated with our business described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed on February 27, 2024. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations. View source version on Contacts Easterly Government Properties, S. WinterhalterSenior Vice President, Investor Relations & Operations202-596-3947ir@ Sign in to access your portfolio
