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CRETech February 10, 2020

Corcoran is consolidating. Compass is making lay offs. Residential firms are going lean. Call it a sign of the times that these days brokerage executives show off their smarts by pulling out financial statements and reviewing expenses line by line. “Everybody is doing that right now,” said Steve Murray, president of Real Trends, which analyzes brokerage ...

CRETech February 10, 2020
Mayor Eric Garcetti and London Mayor Sadiq Khan today announced a historic agreement to make London and Los Angeles ‘Innovator Cities’ — enabling greater collaboration to take on critical transportation issues confronting cities around the world. “Los Angeles is ready to test-drive new ideas, inventions, and innovations on our streets right now,” said Mayor Garcetti. “Our partnership ...
CRETech February 10, 2020
CBRE’s coworking arm Hana has selected 3 World Trade Center for its first New York City location, taking two floors in the 1,079-foot-tall building. The deal with Hana, which opened its first location last year in Dallas, is a revenue-sharing arrangement with landlord Silverstein Properties, rather than a traditional lease. Hana, will manage 85K SF at the 2.5M SF office building, Crain’s N...
CRETech February 10, 2020
Zillow Group is now a licensed corporate broker in New York. It’s part of a national growth strategy in which Zillow is getting itself licensed from coast to coast.“As we work to redefine how real estate is done, and create product improvements for consumers, brokers and agents on our platforms, we will be performing activity for which many states require a license,” said Viet Shelton, a sp...
CRETech February 10, 2020
FUTURE PropTech, part of the World’s number one real estate technology event series, will be showcasing a panel on Build to Rent for the upcoming 2020 event taking place in London on 13&14 May. The Build to rent sector has grown by 15% in the past year from Q4 2018 to Q4 2019amounting to over 20,000 additional Build to Rent homes*. The panel, exploring this growing sector, will be moderat...
CRETech February 10, 2020
A startup that provides kitchen and delivery services to restaurants has raised $60 million to expand its operations in the U.S. Kitopi is among a growing suite of companies that provide “ghost kitchens” — or privately managed cooking spaces and staff — that can deliver on behalf of restaurants who are unable to keep up with the rising demands of food delivery.
CRETech February 10, 2020
New York, NY (February 6th, 2020) — CREtech (cretech.com), the leading global conference and research company devoted to innovation in the Built World, announced today that the 2019 CREtech End-Year Report is now available for free download. The Annual Report is considered the leading provider of research, insights and data for the commercial real estate tech sector.
CRETech February 10, 2020
During GM’s investor day conference in New York this morning, Dan Ammann, CEO of the automaker’s self-driving subsidiary Cruise Automation, gave a glimpse at the progress it’s made toward a fully self-driving vehicle fleet. He said that Cruise’s engineers, of which there are now 1,800 (up from 1,000 in March 2019), have over the past four years helped improve autonomous driving performance...
CRETech February 07, 2020

Amidst the staggering rise of on-demand delivery services, the convenience store has been left relatively untouched. Until very recently. Foxtrot, founded in 2013, is looking to reimagine the corner convenience store, offering customers the option to buy in-store or order online for delivery.

The company today announced the close of a $17 million growth round, co-le...