Factories That Stayed Open Share Safety Tips
Wall Street Journal
As New York prepares to reopen its economy, some upstate factories that have been operating during the coronavirus outbreak have lessons to share on how to keep workers safe.
Latest Trends and Insights in Real Estate Technology
Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
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The Pandemic Is Changing How The Next Wave Of Apartment Amenities Will Be Designed
Bisnow
Some social distancing built into the design is going to need to be an option, though the exact nature of changes isn’t clear yet. “The open-plan hospitality vibe has been central to marketing to a millennial demographic,” The Architectural Team principal Michael Liu said. “But in the present pandemic, it may also be ideal for communicating disease.”
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Jamestown Creates $50M Fund To Aid Tenant Reopenings
Bisnow
Jamestown, a prominent developer of mixed-use projects, has set up a $50M relief fund to assist small businesses as they prepare to reopen to wary customers emerging from expiring shelter-in-place orders.
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Beyond The Bio: 16 Questions With HqO CEO And Co-Founder Chase Garbarino
Bisnow
Chase Garbarino founded HqO in 2018 as his previous tech company was running out of funds. Boston-based HqO, a tenant experience platform, is his first foray into the commercial real estate world, but the app has taken off quickly. It is used across about 90M SF of CRE in North America, the UK and France, including by Blackstone’s EQ Office at Willis Tower in Chicago. The app connects tenants to food and wellness options, provides access to conveniences like dry cleaning, and streamlines buildin…
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Silver Lake Springs Into Action as New CEOs Seek Opportunity in Downturn
Wall Street Journal
At times when shares of Twitter Inc. TWTR -0.75% dipped over the past few years, Silver Lake Co-CEO Egon Durban would make discreet inquiries about buying the social-media company, whose share price has sometimes lagged behind its popularity and cultural significance….
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Realtor.com lays off more than 100 workers
The Real Deal
A source close to the real estate listings portal confirmed layoffs Tuesday in all offices and departments of the Santa Clara, California-headquartered outfit, which is operated by Rupert Murdoch-owned News Corp. subsidiary Move. Inc.
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The coronavirus is changing the way we work
AXIOS
In a matter of weeks, the coronavirus crisis has triggered indelible shifts in the way America works. The big picture: The pandemic is accelerating the onset of new trends in work — toward telecommuting, new office layouts and a different work-life balance. And we’re already seeing signs that these effects will outlast the crisis.
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Welcome Back to the Office. Your Every Move Is Being Watched.
Wall Street Journal
Many Americans heading back to the factory and the office as the coronavirus pandemic eases will soon begin to notice that their every move is being watched or recorded. In Midtown Manhattan, thermal cameras will measure body temperatures as employees file into a 32-story office tower at Rockefeller Center. The building’s owner, RXR Realty, said it is also developing a mobile app for tenants to monitor—and score—how closely their workers are complying with social distancing….
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Over 50% of mall department stores to close by 2021: Green Street
CNBC
First, the department store closes. Then, the apparel shops try to scoot out of deals. This is a one-two punch that could trigger a wave of malls shutting for good over the next 12 months.
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Home-Flipping Giant Opendoor Says It’s Time to Resume Buying
Bloomberg
Opendoor, which halted purchases in March and laid off more than a third of its staff as the coronavirus kept U.S. homebuyers indoors, will resume operations in Phoenix this week, with plans to reopen in more than 20 additional markets in the months ahead.
