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

Allwork

Construction and financing costs remain elevated, and tariffs are adding pressure on larger projects. According to Phil Mobley of CoStar, such conversion projects can be expensive and are still relatively uncommon, but they can significantly impact localized markets. However, buildings suitable for adaptive reuse may become scarcer.

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The Real Reason Coworking And Flex Spaces Struggle To Make Money

Allwork

From my years working closely with operators, I’ve seen that while many are caught up in the day-to-day hustle, few have the full picture of what really drives their bottom line, and that’s where technology can make all the difference. These hidden operational expenses quietly erode profitability if left unchecked.

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Laid-Off or Let Go? Here Are 7 Immediate Steps for Your Career, Finances and Personal Growth

Success

It doesnt have to be fancy, but you should dress appropriately, smile and have a clean background where your head and shoulders take up most of the circle, Hughes says. Create a budget We updated our budget in the Every Dollar app to reflect only our necessary expenses and cancelled our subscriptions and memberships to various services.

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The UK’s Plan To Strengthen Its Workforce: Improve Their Mental Health

Allwork

Starmer set an ambitious target of increasing Britain’s employment rate to 80%, up from the current level of just under 75%, as part of his broader economic growth strategy. Rising Inactivity and Welfare Costs Britain’s labor market remains under strain, with a significant portion of the population unable to work due to long-term illness.

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The Nation’s Largest Power Grid Is Buckling Under AI Demand, Threatening Workplaces Across 13 States

Allwork

These costs can be especially difficult to absorb for space operators who rely on slim margins and predictable utility expenses. Google, for example, has just committed to purchasing up to 3 gigawatts of U.S. Heating, cooling, and powering modern offices — especially tech-heavy ones — requires significant energy.

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33% Of U.S. Office Loans Near Maturity, Threatening Commercial Real Estate Market Stability

Allwork

According to Moody’s, loan extensions are down compared to 2023, while defaults are trending up. The borough’s resilience is largely attributed to its concentration of legal and finance tenants, as well as urban density that discourages remote work due to limited in-home office space. percentage points from a year prior.

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Tackle Big Goals With This Simple $10 Project Manager

Entrepreneur.com

Save your time and projects with Microsoft Project In todays job market, time is money, and mistakes are expensive. Plus, get the bonus of dividing up your teams time by capturing time spent between projects and non-project work thanks to Microsofts timesheet template. 249.99) until July 20. Streamline your workflow, all in one place.