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FEBRUARY 10, 2023

Although it’s often a hush-hush subject, coworking operators are being pushed out of their spaces due to rising rents, or because landlords refuse to renew their contracts. Shlomo Silber, CEO & Co-Founder at Bond Collective, spoke to us about how he tried to save his first coworking space from being closed down.

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OCTOBER 27, 2022

And, on a net rent basis, the difference was even higher — the company was looking for a premium of 50% more than the net rent from conventional space. . Using Toby’s measure of the net rent, it is possible to get a 100% premium or more in a second-tier location by using the coworking model. Is it worth investing in coworking?

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OCTOBER 25, 2022

CRE industry players cannot ignore the importance of hybrid working, but can find ways to entice workers back into the office. . Inflation can also reduce the purchasing power of tenants, which may lead to lower rents and occupancy rates. . Here’s how higher interest rates will affect CRE .

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FEBRUARY 9, 2023

However, instead of renting out space in an office to work on a computer, space is being rented in a doctor’s office to see patients or in a warehouse to distribute products. The coworking business model is fairly simple — you buy a space and rent out smaller portions of this space to others.

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NOVEMBER 3, 2022

And, on a net rent basis, the difference was even higher — the company was looking for a premium of 50% more than the net rent from conventional space. . The number of coworking centers is increasing rapidly despite these high-profile losses. . When done well, the provision of coworking centers can be a very profitable business.

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NOVEMBER 20, 2023

million square feet of space, broke ground in London in the six months leading up to September 2023, according to Deloitte survey data cited by Bloomberg. Companies are increasingly seeking these spaces to meet their environmental targets and to attract workers back to the office in the post-pandemic era of flexible work.

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AUGUST 15, 2023

What’s going on: WeWork raising “substantial doubt” about its ability to continue financially due to significant losses and liquidity issues has experts raising questions on how a bankruptcy would impact local real estate markets. During this period, WeWork also performed multiple rent reductions and rent deferrals.

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SEPTEMBER 27, 2023

show how changes in the workforce are challenging some of the largest markets in the world. The current rise in vacancies is being attributed largely to the rise of remote and hybrid work models — which have persisted for over three years since the beginning of the COVID-19 pandemic. New figures coming out of the U.K.

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NOVEMBER 21, 2022

Now, I see the future of generating wealth evolving to this remote work space, where people are making $1 million in one week because they’re serving others and utilizing the internet.”. O’Neal smiles as he shares his hot take on how the rules around building wealth have changed, while I pick my jaw off the floor.

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FEBRUARY 17, 2023

This achievement was spurred on by increased demand as businesses contemplated what offices they need in the light of changing remote and hybrid work patterns. How it’ll impact the future: Although tech workers being laid off if impacting WeWork’s revenue, they still managed to have their first profitable month.

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FEBRUARY 28, 2024

As it pertains to IWG, Business Plus reports that the first HQ-branded business center in Ireland will be established in Limerick, offering 4,000 square feet of premium office space including workstations, private offices, and parking facilities. It’s reported that the location is slated to open in the third quarter of this year.

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JUNE 1, 2023

What’s going on: Researchers from New York University’s Stern School of Business and Columbia Business School published an updated version of an October 2022 research paper entitled “ Work From Home and the Office Real Estate Apocalypse.” For the U.S., we find a $506.3

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AUGUST 28, 2023

JLL’s insights are reflective of broader workforce trends that are reshaping office usage in major metro areas around the world, influenced by high interest rates and the adoption of hybrid work models. It’s reported that there were some encouraging signs amidst the challenging commercial real estate environment in Hong Kong.

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MAY 16, 2023

The lawsuit stems back from 2020, when Stockbridge Capital Group alleged that Industrious stopped paying the rent on an office space located at 600 West Jackson Boulevard. The lawsuit stems back from 2020, when Stockbridge Capital Group alleged that Industrious stopped paying the rent on an office space located at 600 West Jackson Boulevard.

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AUGUST 14, 2023

What’s going on: In a similar manner to Airbnb, a new company called Radious will let homeowners rent their spaces to businesses seeking coworking areas. The company’s community-centric approach, which other new coworking companies are striving to take advantage of, can potentially reshape urban and suburban work areas.

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APRIL 12, 2023

Instead of looking for traditional offices, these firms tend to prefer flexible space to rent. How it’ll impact the future: Due to the popularization of remote and hybrid working, coworking is a hugely desired option for workers who value flexibility.

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JANUARY 9, 2023

Many are wondering who is taking on these spaces, as well as how they intend to make them successful when WeWork could not. . Last November, coworking giant WeWork announced it would be closing 40 of its underperforming spaces after it took hundreds of millions in losses. . ” .

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AUGUST 22, 2022

workforce were able to work from home at least half of the time, according to FlexJobs. . Remote work is growing rapidly as companies realize how much more productive their employees are when they don’t have to come into the office full-time. . This is surprising considering that in 2017, only 2.9% of the total U.S.

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MARCH 19, 2024

Embarking on a digital nomad lifestyle can be quite an exciting adventure, offering the freedom to work from anywhere in the world. However, one of the primary concerns for many aspiring digital nomads is how to sustain this lifestyle affordably. They even offer swaps that don’t have to be at the same time.

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OCTOBER 17, 2022

A new survey from the Building Owners and Managers Association (BOMA), software firm Yardi and research advisory company Brightlight Strategies offers insight into how the past few years have altered office space needs. . On the other hand, the Southwest saw its support for remote work models dwindle. .

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APRIL 19, 2023

Non-EU citizens who are self-employed, or working for a non-Spanish firm overseas, can apply for the visa. To prove their ability to sustain themselves in Spain, applicants must demonstrate a monthly income of at least two times the recently increased monthly minimum wage of 1,260 euros ($1,340).

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JUNE 13, 2023

Why it matters: If WeWork files for bankruptcy, it would lead to a dramatic shake-up in the co-working industry, with smaller competitors potentially gaining a large boost in both influence and market share. However, these negotiations did not come to fruition, according to the New York Times.

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APRIL 17, 2022

From learning how to effectively communicate with a team of diverse personalities and backgrounds to understanding when collaboration becomes too focused on meetings and not on the work itself. It takes initiative to chase something without knowing exactly how you’ll get there. I’m new to this editor-in-chief thing.

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APRIL 7, 2023

What’s going on: Simon Kuper, a professional who says he has worked alone for 25 years, told the Financial Times (FT) about his experience using a WeWork space. Unable to work from home because of a renovation, Kuper has been paying €358.80 per month to rent a desk in the coworking space since January.

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APRIL 21, 2024

The prevalence of remote and hybrid work arrangements will continue to shape preferences for comfortable yet professional attire suitable for in-person and virtual settings. IWG , a leading workspace provider and global thought leader, recently conducted research with over 1,000 U.S. hybrid workers.

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SEPTEMBER 7, 2022

Prior future of work predictions have mostly come true. The concept aimed to support employees who didn’t want to make the lengthy commute to main offices every day, but it appears that work arrangements are progressing in a different direction. . However, one trend seems to have gotten lost in the noise. .

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MARCH 29, 2023

With many citizens unable to afford the high costs of rent, local businesses were suffering. How it’ll impact the future: Under the ordinance, the city’s Planning Code will grant more leeway in terms of workspace usage, and office-to-housing conversions will be exempted from requiring a Planning Commission hearing.

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DECEMBER 21, 2023

The struggling coworking giant, once valued at $47 billion, is working to cut its lease obligations globally and slash annual rent payments by more than $500 million. The struggling coworking giant, once valued at $47 billion, is working to cut its lease obligations globally and slash annual rent payments by more than $500 million.

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DECEMBER 12, 2023

Major companies adopted coworking for flexibility before the pandemic, and now post-pandemic work strategies are embracing coworking spaces for their convenience and design. What were once the groovy, Millennial-only alternatives to adult officing, coworking spaces are now viable nodes in the larger world of work.

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FEBRUARY 13, 2023

Ignoring the flash isn’t easy, and creating a system that works for you can take time and trial and error. Knowing how much you have coming in and going out each month can help you avoid debt and work toward your financial goals. You might feel so swamped by all of the ‘advice’ that you avoid managing your own money.

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MARCH 2, 2023

As of 2022, there were more than 6,200 coworking spaces in the United States — giving more than one million people a space to work and collaborate. How do I become a member at a coworking space? This year, Statista projects that there will be 34,000+ coworking spaces worldwide. What are the benefits of these office spaces?

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NOVEMBER 10, 2022

But there’s one future of work phenomenon that’s notable due to its absence: coworking spaces. But many businesses are already exploring how to benefit from this brave, new virtual world and attract forward-looking customers. So, how can coworking spaces get set up? Buy/rent a plot of land. Set up a virtual wallet.

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SEPTEMBER 5, 2023

Data shows that recessions have minimal influence on the long-term value of real estate investments, similar to how one may consider the performance of index funds over periods that eclipse recession time frames. The ultimate question, however, is how long it takes for these asset classes to generate an ROI.

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FEBRUARY 10, 2024

Canada, Australia and France, allowing people to sign up as hosts and rent out their cars to those who need wheels. At the time, both Michelle and her husband were working fulltime and started investigating in-home therapy options. Before long, they were burnt out from balancing new parenthood, full-time work and therapy visits.

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OCTOBER 12, 2022

Companies including Yelp are abandoning hybrid work arrangements because they believe hybrid work cons outweigh their pros — especially regarding the complexities of scheduling employees. . Like all work environments, the cons only win out if the arrangement is mismanaged. .

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MARCH 13, 2023

So, keeping up with all of the new rules about standard deductions, tax credits and other requirements can make anyone’s head spin, especially if it affects how much you have to pay. Keep reading for tips for how to do taxes as a freelancer and make filing this year a little easier. There are multiple tax tips out there.

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OCTOBER 3, 2023

The primary use of the office going forward will not be for individual work; instead, the office will serve as a shared space for collaboration and team-building activities for the majority of the employees. Remodeling the work setup will help teams shift successfully across post-pandemic workplaces. We know it will be different.

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