WASHINGTON — At a meeting with Treasury Secretary Janet L. Yellen last month, Jeff Williams, the mayor of Arlington, Texas, laid out his grim economic predicament: Heavy spending on coronavirus testing and vaccine distribution had dwarfed dwindling tax revenue, forcing the city to consider painful cuts to services and jobs. While sluggish sales and tourism were par...
News Archives | Page 375 of 1011 | CREtech
Over the last year, workers have heard the constant refrain: Adaptation is everything. The unprecedented workplace situations and scenarios unleashed by the coronavirus pandemic have accelerated remote work, emptied out traditional offices and even led many workers to relocate.
For landlords across different commercial real estate sectors, Moody's Analytics has some potentially distressing news: The worst may be yet to come. A new report by the economic research firm looks at the state of commercial real estate in the wake of the pandemic, and what to expect in 2021.
Will O’Donnell, Managing Partner at Prologis Ventures, reveals Prologis Ventures’ approach to technology and innovation, what types of tech solutions are of the most value to the company, and the biggest challenges he, and the industry is facing in implementing new tech.
Digitalising the entire built world, creating 3D ‘digital twins’ of every building in existence, is a monumental task but one Matterport is on a mission to complete. Years of growth – and a busy 2020 in which Matterport nearly doubled the number of spaces it’s captured, launched an iPhone app and grew its customer base six-fold – culminated in the most significant deal yet for the busine...
Vector Group Ltd. (NYSE: VGR) today announced the launch of New Valley Ventures, an investment vehicle seeking opportunities in next-generation technologies in the property technology (PropTech) space. New Valley Ventures will invest in promising PropTech startups committed to supporting rapid transformation of the real estate industry for the benefit of the agent experience.
The pandemic has been devastating for public transit. According to the American Public Transportation Association, transit ridership in 2020 was down 79% nationally compared to pre-pande...
New York, NY (March 3, 2021) — CREtech Climate (cretechclimate.com), a new platform devoted to educating and inspiring investment in climate tech, sustainability, and ESG throughout the Built World, has opened registration for their first webinar in a series of virtual events planned for 2021. The webinars will bring together a collecti...
A year and a pandemic ago, over 100,000 people filled the central business district in Charlotte, N.C., pouring out of offices, including several recently built skyscrapers, and into restaurants, bars and sports venues. Then as the coronavirus sent employees to their homes, much of the city center quickly went quiet and dark.