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WeWork’s Potential Bankruptcy: What Will Be The Effect On Office Vacancy Rates?

Allwork

It is a problem for the company’s landlords, who will be faced with the choice of negotiating to accept a lower rent and write-off of arrears or losing an occupier in a very weak market. In the first half of 2023, the delinquency rate rose from 2.75% to 4%. This raises questions for U.S. real estate as well as U.S. real estate, U.S.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. It went into effect for plan years beginning in 2023, and it’s only available for employees who aren’t currently enrolled in your 401(k) plan. From the implementation of SECURE 2.0

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