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One of the most extraordinary outcomes we are witnessing (or shall I say being bombarded with) on a daily basis is how “work” as we know it is now being challenged during the pandemic. Not a day goes by where I am not inundated with content from companies doing surveys, studies, making suggestions and plans on ...
RXR Realty Chairman and CEO Scott Rechler discusses changing the workspace amid the coronavirus and how his company is combining technology with new processes to increase safety.
Even as malls and stores begin to reopen, the Covid-19 pandemic has taken a toll on an industry already battered by the shift to online shopping. More than two million retail jobs disappeared in April as many stores closed. The damage will be clear Friday when the U.S. government reports wh...
UpKeep, a mobile-first platform for maintenance and operations collaboration, has today announced the close of a $36 million Series B financing round. The round was led by Insight Partners, with participation from existing investors Emergence Capital, Battery Ventures, Y Combinator, Mucker Capital and Fundersclub.
The battle against COVID-19 has put property owners and managers to the test. Tasked with continuing operations for essential employees while implementing government-mandated social distancing policies, many in the world of commercial real estate are left wondering how these unprecedented times will impact their customers and future business operations.
A co-founder who left Redfin in 2006 is suing his former company for copying virtual home tour technology he later developed for his new company, Surefield. David Eraker filed two suits alleging intellectual property theft regarding two incidents.
Before the coronavirus crisis, three of New York City’s largest commercial tenants — Barclays, JP Morgan Chase and Morgan Stanley — had tens of thousands of workers in towers across Manhattan. Now, as the city wrestles with when and how to...
CBRE is pulling back on the rollout of its in-house coworking brand as the coronavirus pandemic clouds the immediate future of office usage. After spending $40M last year on expanding Hana, CBRE plans to operate 10 Hana units this year, CEO Bob Sulentic said on the company's quarterly earnings call last week. The firm planned on operating 20 units this year originally, Sulentic said.
Data giant CoStar Group Inc. CSGP -3.42% is buying the commercial real estate division of Ten-X LLC for $190 million in a deal ...