Pakistan's old embassy building in US sold for $7.1 million
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Pakistan
The property has been purchased by a Pakistani-American Abdul Hafeez Khan
ISLAMABAD (Dunya News) - The Embassy of Pakistan Washington DC has completed the process of disposing of an old embassy building located at R-Street in Washington D.C. during a ceremony held at Lincoln Library, Washington.
The ceremony was attended among others by Congresswoman Jasmine Crockett, Representative Gregory Meeks and former Congresswoman Eddie Bernice Johnson.
The property has been purchased by a Pakistani-American Abdul Hafeez Khan who had offered the highest bid of $7.1 million and it was approved by the federal cabinet.
Former Congresswoman Eddie Bernice, speaking on the occasion, congratulated Mr. Hafeez Khan for buying a historic building with decade’s long association with Pakistan. She highlighted the successes of Mr. Hafeez Khan and wished him well in his future endeavors.
The federal government in its meeting dated 30 November 2022 decided to dispose of the old building keeping in view of the fact that the building was not being used by the government of Pakistan for past two decades and the US authorities had withdrawn its diplomatic status resulting in exorbitant amount of taxes over the property. In view of monetary costs of undertaking maintenance and the recurring liability being accrued on the taxpayers of Pakistan, it had been decided to dispose of the property.
Speaking on the occasion, Pakistan's Ambassador to United States Masood Khan expressed satisfaction that the property had been sold and transferred in pursuance of the Cabinet’s decision. He also clarified that no other property was being sold.