{"id":7944,"date":"2022-12-27T11:40:27","date_gmt":"2022-12-27T06:40:27","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=7944"},"modified":"2022-12-27T11:40:27","modified_gmt":"2022-12-27T06:40:27","slug":"islamabad-gets-bids-for-countrys-property-in-washington","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/islamabad-gets-bids-for-countrys-property-in-washington\/","title":{"rendered":"Islamabad Gets Bids for Country&#8217;s Property in Washington"},"content":{"rendered":"<p>ISLAMABAD: Three bids have been submitted for a facility that once housed the defense division of Pakistan&#8217;s embassy in the capital of the US.<\/p>\n<p>According to diplomatic sources in Washington, the Jewish organization that wants to construct a synagogue in the structure made the highest offer of over $6.8 million.<\/p>\n<p>The details show that\u00a0an Indian real estate agent placed the second bid of roughly $5 million, while a Pakistani real estate agent placed the third bid of about $4 million.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/pakistan-business-forum-france-hosts-j7-group-pakistan\/\" target=\"_blank\" rel=\"dofollow\" class=\"u3d550cedbfb25f8f03a9e1e8e196f910\"><style> .u3d550cedbfb25f8f03a9e1e8e196f910 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .u3d550cedbfb25f8f03a9e1e8e196f910:active, .u3d550cedbfb25f8f03a9e1e8e196f910:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u3d550cedbfb25f8f03a9e1e8e196f910 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u3d550cedbfb25f8f03a9e1e8e196f910 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .u3d550cedbfb25f8f03a9e1e8e196f910 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .u3d550cedbfb25f8f03a9e1e8e196f910:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">Pakistan Business Forum France Hosts J7 Group Pakistan<\/span><\/div><\/a><\/div>\n<p>As per the Pakistani-American real estate agents, the building would be sold to the highest bidder.<\/p>\n<p>One of Pakistan&#8217;s three diplomatic buildings in Washington, a structure on the famous R Street NW, was up for sale, according to officials from the Pakistani embassy, who informed sources earlier this month.<\/p>\n<p>However, they made it clear that neither the new nor the old embassies were up for sale. Between the mid-1950s and the early 2000s, the embassy&#8217;s defense division was situated in the R Street building.<\/p>\n<p>Earlier on Monday, the New York Roosevelt Hotel property was to be leased, and the Cabinet Committee on Privatization (CCoP) requested the privatization commission name a financial advisor.<\/p>\n<p>Besides, embassy representatives in Washington said that they were also contacting an appraiser to determine whether it would be preferable to sell the building as-is or after restoration.<\/p>\n<p>The embassy representative said that they were not in a haste, and would not sign a deal that did not benefit Pakistan as the deal had already received federal cabinet approval.<\/p>\n<p>Earlier, posts on social media featured two structures, the current and former embassies, and claimed that these 2 structures were also for sale.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/punjab-govt-to-lease-industrial-plots-to-foreigners-to-enhance-economy\/\" target=\"_blank\" rel=\"dofollow\" class=\"u52186fc2b5a8ab2aebdeffc2a3790f89\"><style> .u52186fc2b5a8ab2aebdeffc2a3790f89 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .u52186fc2b5a8ab2aebdeffc2a3790f89:active, .u52186fc2b5a8ab2aebdeffc2a3790f89:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u52186fc2b5a8ab2aebdeffc2a3790f89 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u52186fc2b5a8ab2aebdeffc2a3790f89 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .u52186fc2b5a8ab2aebdeffc2a3790f89 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .u52186fc2b5a8ab2aebdeffc2a3790f89:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">Punjab Govt to Lease Industrial Plots to Foreigners to Enhance Economy<\/span><\/div><\/a><\/div>\n<p>However, embassy representatives said that none of these two buildings was for sale.<\/p>\n<p>The details showed that the former embassy was located on Massachusetts Avenue, near the Indian embassy, in the center of town while the present embassy is housed in a new structure built in the early 2000s.<\/p>\n<p>The embassy relocated to a new structure in the early 2000s, but it is still retaining the old structure and has spent close to $7 million repairing it and the ambassador&#8217;s official house, which is located nearby.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Three bids have been submitted for a facility that once housed the defense division of Pakistan&#8217;s embassy in the capital of the US. According to diplomatic sources in Washington, the Jewish organization that wants to construct a synagogue in the structure made the highest offer of over $6.8 million. The details show that\u00a0an Indian real estate agent placed the second bid of roughly $5 million, while a Pakistani real\u2026<\/p>\n","protected":false},"author":3,"featured_media":7946,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-7944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2022\/12\/ProProperty-Design-Template-1000x560-35.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2022\/12\/ProProperty-Design-Template-1000x560-35.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2022\/12\/ProProperty-Design-Template-1000x560-35.jpg",1000,560,false]},"author_name":"Firas Qureshi","categories_name":["News"],"title_text":"Islamabad Gets Bids for Country\u2019s Property in Washington","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=7944","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/7944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=7944"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/7944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/7946"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=7944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=7944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=7944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}