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CRETech January 14, 2020
iOffice has scooped up conference room reservation startup Teem after WeWorkannounced plans to sell the company.  The Houston-based facility management software company had been in talks with Teem, which makes software to book meeting rooms. The two companies had some integrated solutions together before iOffice was bought by private equity firm Waud Capital Partners in 2018, said iOffice CEO...
CRETech January 14, 2020
Just as the movie industry in the 1910s and ’20s went through a blossoming of tools and types of work, gaming is at the very early phase of that. Jobs will be more varied, and teams will continue to get larger and more distributed. A [game development] team may be situated in Lithuania with an artist in Vietnam and coders in Argentina. The developers may be 15 years old, as it’s easier to get ...
CRETech January 14, 2020
SoftBank Group CEO Masayoshi Son claimed turning WeWork around would be simple, but the two months since his company took control have proven to be just the start of a long process. Jan. 9 marked 90 days since WeWork gave a presentation to investors laying out a 90-day plan to pull the company out of the spiral that began with its disastrous IPO filing. The PowerPoint was shown Oct. 11, when t...
CRETech January 14, 2020
The CREtech monthly PropTech Funding Report highlights trends in venture capital invesments in real estate tech (proptech) companies.  These trends have a profound impact on the greater real estate industry and the built env...
CRETech January 13, 2020
Firas Ajam has been a resident physician at Jersey Shore University Medical Center for three years, but he’s still unfamiliar with parts of the 26-acre, 3 million-square-foot campus in Neptune, N.J. When a patient got sick a few months ago in a unit where Dr. Ajam had never been, he navigated using a Waze-like app on his smartphone. He ran through the hospital listening to the app’s direction...
CRETech January 13, 2020
Today’s office is a bit like a factory assembly line: Hundreds of workers sit at nearly identical desks on nearly identical floors, whether they spend all day making sales calls or drawing graphics. Work is sometimes creative but often menial and repetitive, the inbox an almost universal taskmaster. Over the next couple of decades, this factory-style office cou...
CRETech January 13, 2020
WeWork’s days of breakneck expansion are over, at least for now. New leases by the flexible office firm nosedived in New York and London, its top two markets, in the final quarter of last year, CoStar Group Inc. data show. It signed just 64,000 square feet (5,946 square meters) of space in Manhattan, the lowest in more than five years, while the 49,000 square feet in London was the least since ...
CRETech January 13, 2020

In a recent episode of “Million Dollar Listing New York,” the show’s newest cast member, Tyler Whitman, beat out celebrity broker Ryan Serhant on a listing. “I’m just super-excited that Bubblemint gum finally has their first listing,” said Serhant, flubbing the name of Whitman’s brokerage, Triplemint, and shrugging off the loss. How staged the scene was is anyone’s ...

CRETech January 13, 2020

Chinese drone maker Ehang demonstrated its autonomous air taxi in the US for the first time. The all-electric two-seater took flight for five minutes above a test track south of Raleigh, North Carolina, on Tuesday afternoon, with approximately 100 people, including the state’s governor, Roy Cooper, looking on. It represents the first time that Ehang has received permission to fly...

CRETech January 13, 2020
Toyota Motor Corp. plans to build a prototype “city of the future” at the base of Mount Fuji, powered by hydrogen fuel cells and functioning as a laboratory for autonomous cars, smart homes, artificial intelligence and other technologies. Toyota unveiled the audacious plan for what it plans to call “Woven City,” in a reference to its origins as a loom manufacturer, on Monday at the big CE...