Lauren
June 22, 2020
New York-based Convene was the first coworking and flex office provider to close its locations in March as the coronavirus pandemic spread. Competitor WeWork remained open. Without revenue coming in, the company made a swift decision to lay off and furlough more than 400 employees and cut costs. It also immediately worked to renegotiate its leases and applied for and received a loan from t...
News Archives | Page 529 of 1011 | CREtech
New York-based Convene was the first coworking and flex office provider to close its locations in March as the coronavirus pandemic spread. Competitor WeWork remained open. Without revenue coming in, the company made a swift decision to lay off and furlough more than 400 employees and cut costs. It also immediately worked to renegotiate its leases and applied for and received a loan from t...
Real estate companies are leading the way as New York City allows some workers to return to their offices. Brookfield Property Partners expects a quarter of its 700 New York employees to return to the office Monday, while RFR wants its 60 employees to work from the company’s Midtown office four days a week.
Showing they’re adapting to COVID-19′s new model of business, a leading multinational real estate services firm has announced a technology partnership to launch robust virtual showings for commercial property listings.
The city in Kerala is among the first 20 cities selected under the Government’s smart cities mission and the centre will deliver insights for improved planning and policy-making.
Before the pandemic, onsite office amenities and communal spaces were surging in demand. After the pandemic, those same amenities are now a big question mark. As office begin to reopen, office owners are starting to consider how to address these spaces, which include fitness centers, cafes and work-enabled lobbies and meeting areas.
Al fresco dining was once mostly a pleasant afterthought for American restaurants, but with sales losses estimated at $120B during the first three months of the coronavirus pandemic, outdoor seating is now a key component of keeping some eateries alive.
Complimentary online tool allows users to perform current risk assessments for locations and employees worldwide
New York, NY (June 15, 2020) — Newmark Knight Frank (NKF) Global Corporate Services’ (GCS) Global Tech, supported by NavigatorCRE, announces the no-cost release of the COVID-19 Situation Report—a unique tool that helps companies immedi...
If you consider the 80s and 90s to be the first wave of property technology, we can call that PropTech 1.0. CoStar (‘87), Argus (‘85), Yardi (‘82), RealPage (‘98), even Excel (‘85). All of these software platforms were created in the 80s/90s and grew to dominance in the commercial real estate industry. Construction saw AutoDesk (‘82), Trimble (‘78), an...
Republic, an alternative investment platform open to all investors, has acquired Compound, a real estate investment technology company that facilitates microinvesting in urban residential real estate. This is the second in a series of acquisitions for Republic this year. In April 2020, Republic announced the acquisition of Greycroft and Spark Capital-backed Fig, the leader in direct investment fo...
attracted the lion’s share of well-compensated knowledge workers. For nearly as long, the rest have tried mostly in vain to compete. Tax incentives and cheap housing have occasionally convinced big companies to ...
For decades a handful of urban areas have