BART may move its Oakland headquarters in an effort to save millions of dollars in annual rent as it grapples with the city’s record-high office costs. The transit agency’s current headquarters lease at the Kaiser Center complex near Lake Merritt expires in 2021, and rent would rise by more than 60%, said Sean Brooks, BART’s manager of real estate. Instead, agency staff recommend a relocation and the $140 million purchase of 2150 Webster St., which is across the street from Kaiser Center. Interior construction and additional costs would total $87 million. BART’s board of directors will vote on the deal on Sept. 12. Around a third of BART’s 3,300 employees would be affected by an office move. (BART has a separate operational center near Lake Merritt and most employees work in BART stations and rail yards.) The agency wants to limit costs, use space more efficiently, and stay close to a BART station as part of a move, Brooks said. A 25-year sales tax bond … [Read more...] about BART’s rent is soaring, so it wants to buy a new Oakland headquarters
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The Naperville subdivision with the highest average sale price between October 2018 and October 2019 was Oak Hills with an average sale price of $1,437,500. The subdivision with the highest number of sales in Naperville was Ashbury with 58 sales. Oak Hills - 0 homes for sale Bonnema Woods - 1 home for sale (Avg: $1,075,000) Bethany Creek - 1 home for sale (Avg: $1,020,000) Waterford Place - 1 home for sale (Avg: $995,000) Want to know how much your home is worth?View an instant HomesByMarco market analysis! Washington Woods - 2 homes for sale (Avg: $930,000) The Paddocks - 2 homes for sale (Avg: $893,000) Hobson Meadows - 1 home for sale (Avg: $850,000) Royce Club - 1 home for sale (Avg: $850,000) East Highlands - 30 homes for sale (Avg: $845,000) Donwood Trails - 0 homes for sale Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real … [Read more...] about Top 10 Subdivisions in Naperville, IL – October 2019
Kally Lavoie was only introduced to Slack earlier this year, after part of her company had already migrated onto the messaging platform. By the time her office joined the company’s Slack workspace, their colleagues in San Francisco and Boston had already found their rhythm. “It definitely felt, at the beginning, like we were slotted into their culture,” Lavoie says. “It took a few months to create our own culture.” advertisement advertisement But almost immediately, the fresh crop of Slack users discovered the Giphy integration. Soon enough, channels and DMs were littered with the party parrot emoji. Lavoie and her neighbors in the office—a group she describes as her pod—found a room of their own. “We have an open office, so it started as our pod, to talk about when we were getting coffee or going for lunch,” she says. “From there it spiraled. We included teammates and other friends. It definitely became the private … [Read more...] about What your private Slack channels say about your company’s culture
In the Oscar-winning The Big Short, Steve Carell plays the angry Wall Street outsider who predicts (and hugely profits from) the great financial crash of 2007-08. He sees sub-prime mortgages rated triple-A but which, in reality, are junk – and bets billions against the banks holding them. In real life he is Steve Eisman, he is still on Wall Street, and he is still shorting stocks he thinks are going to plummet. And while he’s tight-lipped about which ones (unless you have $1m to spare for him to manage) it is evident he has one major target in mind: continental Europe’s banks – and Italy’s are probably the worst. Why Italy? Because, he says, the banks there are stuffed with “non-performing loans” (NPLs). That’s jargon for loans handed out to companies and households where the borrower has fallen behind with repayments, or is barely paying at all. But the Italian banks have not written off these loans as duds, he says. Instead, billions … [Read more...] about The Big Short: is the next financial crisis on its way?