Latest Trends and Insights in Real Estate Technology

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  • City’s official Amazon bid highlights administration’s—and Crain’s—top sites for HQ2

    Crains New York – Everything Real Estate

    The city has released details of its official bid for Amazon's second headquarters, offering up four potential sites across Manhattan, Brooklyn and Queens ahead of today's deadline for proposals. The locations on offer are Midtown West, which would include space at Hudson Yards, Manhattan West and the Penn Plaza towers; Lower Manhattan, anchored by 1 World Trade Center; Long Island City; and the Brooklyn Tech Triangle of Downtown Brooklyn, Dumbo and the Brooklyn Navy Yard. The sites ch…

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  • Peek inside Amazon in Austin: More room for employees but forget the ‘sterile environments’

    BizJournal – Commercial Real Estate

    By Will Anderson  –  Digital Editor, Austin Business Journal As Amazon.com Inc. considers where to build its second headquarters, there is little indication of where the company is leaning. CEO Jeff Bezos and his fellow executives have made it a very open, highly competitive process. But one thing is clear: Over the past two years, the Seattle-based retail and technology giant has built its Austin operations into much more of a self-sustaining hub. Amazon (Nasdaq: AMZN) opened a local office two…

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  • Here’s how much apartment rents could rise if Austin lands Amazon’s HQ2 prize

    BizJournal – Technology

    Now that hundreds of cities across North America have submitted their proposals to Amazon.com Inc.'s HQ2, those same cities may want to start prepping for the cost increases that would come with the $5 billion campus and up to 50,000 high-earning tech workers. Rental listing aggregator Apartment List took a look at HQ2's top contenders around the U.S. and projected how much apartment rents could rise over the next decade if Amazon came to town. Apartment List predicts an additional ren…

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  • PropTech Summit encourages new tech adoption, embrace of data benefits

    Real Estate Weekly

    Key messages to emerge from the MIPIM PropTech Summit were that data should not be seen as a threat by real estate experts and that the use of new technology is crucial for companies as they serve commercial and residential clients. In only its second year, the MIPIM PropTech Summit is the flagship event of NYC Real Estate Tech Week. Reed MIDEM, organizer of global conference and business events, together with MetaProp NYC, the PropTech accelerator, drew real estate leaders and technologists fro…

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  • How winning the race to be Amazon’s second headquarters could turn out to be a curse

    MarketWatch.com – Top Stories

    As the dozens of cities lustily bidding for Amazon’s second headquarters parade their smart citizens, housing capacity, transportation connections and tax breaks this week to lure Jeff Bezos’s empire, the sometimes painful housing-market lessons of Seattle — the e-commerce giant’s home base — has become a factor of its own in this race. The housing market must be a major consideration as metro areas march forward in their pursuit and Amazon makes its pick, say real-estate experts, especially as …

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  • TechFlash: Anthem’s new IT hub a bet on the future

    Atlanta Business Chronicle – Commercial Real Estate

    Health insurer Anthem Inc.’s planned 21-story IT center in midtown Atlanta is a bet on the future of transportation.

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  • WeWork, the most valuable startup in New York City, just opened its first gym — and it looks gorgeous

    Business Insider – Tech

    WeWork — now the most valuable startup in New York City — continues to grow. After raising $4.4 billion in funding from SoftBank Group and SoftBank Vision Fund in August, the new-age real estate firm just branched out into fitness with its first gym and wellness center, located at the WeWork FiDi facility in Manhattan. The new center, called Rise by We, is open to both existing WeWork members and non-members. For those who are not already part of the WeWork system, a Rise by We membership provid…

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  • Sidewalk Labs to Turn Part of Toronto into a Model Smart City

    Dreamit – Blog

    Toronto, like other major North American cities like New York and San Fransisco, has a huge number of different cultures and is a magnet for people from all over the world. The popularity of this multicultural city brings a unique set of challenges. How do you deal with rent increases, rapid growth and expansion, new sustainable development, and the integration of new technologies all at the same time?  Waterfront Toronto and Sidewalk Labs have partnered to build a mixed-use, complete community …

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  • Real competition begins for Amazon’s HQ2

    Minnesota Finance and Commerce – General Business News

    Real competition begins for Amazon’s HQ2 By: Bloomberg News October 19, 2017 12:36 pm 0 Detroit offers low rent and the potential for larger tax breaks, because the city and the state of Michigan are still trying to turn themselves around and diversify from manufacturing. (Bloomberg file photo) The deadline to submit proposals for Amazon.com Inc.’s second headquarters, dubbed HQ2, has arrived, and about 100 cities are expected to compete for the project. Minnesota submitted its bid on Wednesday….

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  • Truss Streamlines The Search For the Smaller Office

    CRETECH

    Due to the workspace revolution and increased competition, the search for office space has become more confounding — and time consuming — than ever. The coordination of the company move has always been complicated and sensitive, but all parties involved yearn to simplify and streamline the soup-to-nuts of the dreaded leasing process.To the rescue: AI. Yep, First self-driving cars, now self-finding office space.Launched in 2016, the Chicago-based AI platform, Truss, recently announced that it h…

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