A prime example of how slowly the federal government moves is a piece of prime real estate in Washington's tony Georgetown neighborhood -- an old steam-generating plant with a spectacular view of the Potomac waterfront.
The government-owned building was finally sold to a private developer for $19.5 million this month. But it sat there for 10 years -- off the market and vacant -- while taxpayers footed the bill for its upkeep.
[...]
Congressional frustration may be warranted. The federal government owns or leases between 55,000 and 77,000 vacant properties. But it's impossible to tell exactly how many. No precise inventory has been kept.
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