News Archives | Page 535 of 1020 | CREtech

he San Francisco-based company, which leases apartments and turns them into furnished short-term rentals, said it closed a Series E at a $1.3 billion valuation — up from its prior valuation of $1.1 billion.

Investors have begun understanding the near and long term implications of the global pandemic on real estate assets and on their portfolios. As leading investors begin to reactivate their investment strategies, many are instituting new standards to invest smarter, increase productivity, and grow their business — resulting in better financials, communication, and management of assets.

As New York City looks to reinvent itself for the post-pandemic era, lower Manhattan offers a few lessons on how to recover from disaster. Once largely a 9-to-5 financial center, the district has changed since the Sept 11, 2001, terrorist attacks into a walkable neighborhood that has more than doubled its residential population. Officials’ determination to transform the area made it more resilie...

Officials overseeing New York’s transit system should consider thermal cameras to take riders’ temperatures and artificial intelligence to assess mask-wearing to combat the spread of the novel coronavirus, a new report says. The report, which was commissioned by the Metropolitan Transportation Authority, offers a range of best practices gleaned from transit systems around the world.