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More Office Space Removed Than Built in U.S. for First Time Since 2000

Allwork

According to Phil Mobley of CoStar, such conversion projects can be expensive and are still relatively uncommon, but they can significantly impact localized markets. million square feet in 2018 to 25 million in 2024, according to CBRE. million square feet underway. Completions fell from 51.2

2018 279
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Denver Hit By Wave Of Office Defaults As CMBS Delinquencies Soar, Signaling Trouble For Legacy Buildings

Allwork

Denver’s mounting distress stems largely from loans originated between 2018 and 2021, when low interest rates encouraged aggressive borrowing and new development. While top-tier Class-A offices continue to attract demand in high-growth areas, smaller firms are increasingly opting for less expensive Class-B or C spaces.

2021 130
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Wells Fargo Fires Employees For Faking Work Activity

Allwork

In 2018, the bank fired over a dozen employees for manipulating time stamps on receipts to claim expenses for food deliveries outside the permissible timeframe. Similarly, in October 2023, a financial crime analyst at Citibank’s London office was dismissed for falsely claiming personal meal expenses as business-related.

Keyboards 289
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How to Untangle Your Assets and Recover Financially After Divorce

Success

During this time, get a sense of the marital balance sheet and each partner’s expenses. Especially if you’ve had your expenses merged for a period of time, breaking that out can seem like a simplistic task, but it’s often very complex. Then, analyze how those expenses will change or be divided once the household is separated.

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Discover The Hottest Markets For Hot Desking

Allwork

It also compares data from 2018 to present to demonstrate how prices have evolved over the last five years around the world. . This is compared to 2020, when four out of the top 10 most expensive cities were in Switzerland, showing both the growth and competitive nature of the country’s market for coworking. .

2022 246
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A Millennial’s Guide to Finances: 5 Things to Start Before You Turn 30

Success

Be more descriptive than simply “transportation” because a Lyft to the bar on Friday night should not be marked as a vital expense. A healthy guideline is to have between six and 12 months worth of expenses set aside,” Kemp says. Look for your options with the lowest expense ratios within your employer’s 401(k).

Finance 274
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The New Tax Law: Freelancers Win on Taxes, Lose on Healthcare

Small Business Labs

This deduction, coupled with new, lower tax rates means most freelancers should pay less in Federal taxes in 2018 than they would have under the former tax code.   Because of the complexity of the new legislation, we urge freelancers to get help with their taxes in 2018. This is not good news. 

2018 184