News Archives | Page 560 of 1011 | CREtech
The coronavirus pandemic has done more than present a major health crisis to the American people — it poses a major threat to commercial real estate and the economy at large. To help drive interest in the midst of social distancing, brokers have come up with the concept of virtual real estate tours, using videos of properties to show them to potential investors or tenants.
The coworking industry leader is aiming to adapt to the coronavirus pandemic by redesigning its workspaces. WeWork last week began rolling out plans to implement social distancing measures and increase cleaning practices in its coworking spaces. It detailed the plans in a brochure to members, which a WeWork spokesperson shared with Bisnow.
Barely a year ago Hudson Yards, the new $25 billion neighborhood of tall glass towers on Manhattan’s West Side, was celebrating its grand opening. It featured a seven-story retail mall, as well as stylish restaurants, a park, a huge climbing structure and two towers of expensive condominiums.
Short-term rentals in a luxury high-rise — what could go wrong? Try “nightmarish living conditions” ranging from armed robbery to harassment, according to a lawsuit by two tenants at 20 Broad Street in the Financial District.
The introduction of a seven-day working week, a surge in hands-free technology and a halving of office occupancy could characterise the post-lockdown return to work, according to CBRE’s new head of technology. Mike Gedye took on the newly created role this month and already expects the current crisis to have a significant effect on his clients’ businesses.
There was a time before COVID-19 and there will be a time after the virus. But the transition time between the two eras is proving abrupt, dramatic and painful. For some of the PropTech world, this means money, customers and demand have dried up. For others, this is shaping up to be a period of tremendous growth.
Amsterdam-based Edge Technologies is renowned as one of the world’s most innovative developers: Its schemes in the Netherlands, Germany and the U.S. have pulled in investors and occupiers drawn to the way Edge uses cutting edge tech to produce the most sustainable new buildings around.
New York City’s office landlords are struggling with rent defaults, a wafer-thin sales market and the evaporation of financing in the state hardest-hit by the Covid-19 pandemic.
At Bain Capital Ventures, we strive to become domain experts in our chosen verticals. We want founders to choose us because of our familiarity with and fluency in their markets. In turn, we seek out founders and partners who are deeply knowledgeable about their respective industries and whose unique insights serve as a competitive advantage.