WeWork slapped with $37M lawsuit by Chelsea landlord

Walter & Samuels, the owner of 214 West 29th Street, filed the lawsuit on Friday in New York State Supreme Court, seeking to recoup damages — an amount it says would still need “to be determined at trial,” but estimated to be “in excess” of $37 million.

Amazon One palm payment tool comes to Whole Foods

By bringing the Amazon One tool to Whole Foods, Amazon may entice shoppers to head to the grocery chain, which has struggled with foot traffic in the past year.  At the start of the pandemic, Whole Foods saw its foot traffic plummet, and the grocery chain is still trying to catch up to its 2019 numbers. Whole Foods is starting to see steady week-over-week bumps in visits, but its total weekly visits were still down nearly 18% at the end of March compared to the same period in 2019, according to …

SPAC Insiders Can Make Millions Even When the Company They Take Public Struggles

Investors who bought into a special-purpose acquisition company that took a healthcare-services company public last year in an $11 billion deal have suffered steep losses. Promoters of the SPAC still stand to make millions.

Could mass IoT deployment be key driver of sustainability?

WATCH THE TRAILER: The Importance of Human Centered Change

Kristen Magni, Managing Partner of hyrUP, boils down the most important strategies and techniques when adopting technology in CRE.

Boston Properties Announces New ESG Achievements and Initiatives; Commits to Carbon Neutral Operations by 2025 and Establishes Board of Directors Sustainability Committee

BOSTON–(BUSINESS WIRE)–Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced several milestones that reinforce the Company’s longstanding focus on Environmental, Social and Governance (ESG) issues. As part of its 2020 ESG Report released today, the Company announced it has:…

RELEVATION Talks – Gregory Dewerpe, Founder at A/O PropTech

RELEVATION is a two-day digital and global event, entirely dedicated to the PropTech market, gathering the top notch keynote speakers and experts from around the world. Our purpose is to facilitate investments in the proptech space, by introducing founders to VC’s, and VC’s to LP’s. All our value proposition is structured around the principle of doing the most efficient matchmaking possible, and allowing our attendees to create meaningful relations with future business partners.

In Case You Missed It! Check out a tech demo by Kairos from our CREtechU Virtual Summit

Technology Demo of Kairos IoT, Flexible printed sensors and smart meters designed to prevent billions in annual water damage and waste for property owners and insurance carriers.

KEVIN DANEHY NAMED CEO OF NORTH AMERICA AT WILLOW

Manhattan, New York (12th April 2021) – Willow, the leading provider of digital twin solutions for intelligent real estate and infrastructure has announced Kevin Danehy as Chief Executive for their fast growing North American business, with Joshua Ridley as Global CEO. In this new role, Kevin will lead the growth of the region across all verticals in Real Estate, Rail and other critical infrastructure, building upon Willow’s blue-chip customer base. Prior to joining Willow, Kevin served as…

Fifth Wall joins US$290 Million Series B for on-demand grocery delivery startup, Gorillas

Founded in Berlin in 2020 by Kağan Sümer and Jörg Kattner, Gorillas is an on-demand, ultra-fast grocery delivery company operating in major cities across France, Germany, the Netherlands, and the United Kingdom. The company’s recent US$290 million financing makes it one of the fastest European startups to become a unicorn in a Series B funding round. Fifth Wall is investing alongside a number of fantastic partners including lead investors Coatue Management, DST Global, and Tencent, as well as At…