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WeWork Preparing to File for Bankruptcy Amid Massive Debt and Losses

Allwork

Earlier today, WeWork announced that it had negotiated a temporary delay in payments on some of its debt with creditors, as the grace period approaches its conclusion. If WeWork does file for bankruptcy, it will represent a dramatic turn of events for a company that was privately valued at $47 billion in 2019.

Filing 157
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7 Tips to Managing Holiday and Work Stress

Office Dynamics

This is non-negotiable in my mind. Wishing you a happy holiday 2019 season! The post 7 Tips to Managing Holiday and Work Stress appeared first on Office Dynamics - Executive And Administrative Assistant Training. Do not do a B or C even though they might be more fun or take less time. Schedule you time. Joan Burge.

Holidays 204
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Adam Neumann’s Bold Claim: Flow is Prepared to Compete with WeWork

Allwork

Fortune reports that Neumann is preparing to launch Flow as a technology-based asset management company that owns and runs buildings. It was previously reported by the New York Times that Neumann had approached CEO Sandeep Mathrani before Mathrani announced that he was stepping down from the company.

2019 215
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Neumann’s Flow: A $1 Billion Valued Wildcard to Watch in 2023

Allwork

Neumann’s Flow is a technology-based asset management company that owns and operates its own buildings. The startup is initially planning to manage 3,000 apartment units across Nashville, Atlanta, Miami and Fort Lauderdale , according to Bloomberg.

2023 246
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WeWork’s Shaky Financials Spark Concern for NYC Real Estate Market

Allwork

In New York City, WeWork is one of the largest tenants, with over 70 leases spread across various landlords, according to Forbes. It’s reported that the coworking company has amended over 590 of its leases since 2019, in addition to partial terminations to reduce the company’s total lease space.

2019 210
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Ep 215: Kathleen Burns Kingsbury on Changing Your Money Mindset and Negotiating for What You Deserve

LEADERASSISTANT.COM

In this episode, Kathleen talks about working with virtual assistants, changing your mindset toward money, how to negotiate for higher pay, and tips on public speaking. She currently teaches in the Business and Management School at Champlain College. LEADERSHIP QUOTE Speak your mind, even If your voice shakes.

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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. Some locations may be good enough to make the loss of WeWork manageable in the sense that the building can be re-let to another occupier.