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WeWork Squandered Past Rescue Offers

Allwork

What’s going on: WeWork’s steep downward spiral has continued as the share price is now below 20 cents, and reports from the New York Times and Business Insider indicate that the company may have squandered previously offered rescue options, leaving bankruptcy as one of the only choices left.

2019 279
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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 246
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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. WeWork’s potential demise won’t be much of a problem for its clients, as they will be taken on by the new owners. This raises questions for U.S.

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The wrong way to email someone for career advice — and the right way to do it

Ideas.Ted

This person was negotiating a new contract to host a podcast. I’m sure I’ve low-balled myself countless times over the years, so I’m usually happy to help people figure out their personal price point. Use phrases like “We met in 2019 at an event in Midtown” or “We both know James.” Not long ago, I got an email asking for advice.

Email 109
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How to Create Strategic Partnerships

Success

An online survey conducted by Forrester Consulting in 2019 found that 49% of respondents saw revenue boosted by partnerships and 77% of respondents saw “partnership development as central to their 2019 sales and marketing strategy.” . Indeed, partnerships are a proven way to boost the bottom line.

2012 238
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A quick explainer for COP26 — here’s how climate negotiations work and what’s at stake

Ideas.Ted

For two weeks this November, world leaders and national negotiators will meet in Glasgow, Scotland, to discuss what to do about climate change. I worked for the United Nations for several years as a law and policy adviser and have been involved in international negotiations. What is COP26? 31 through Nov. Why is COP26 so important?

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The Future of NYC Real Estate: How Remote Work is Reshaping Investment Dynamics

Allwork

Family offices are exploiting the current price and the surplus of available commercial properties to get their foothold inside what many would consider an iconic asset class. Source ). The cratering of New York City commercial real estate prices has now allowed families of lesser notoriety to trade the asset class.

2019 246