News Archives | Page 788 of 1011 | CREtech
A Panama-based startup that mixes high-end hotel units with multiple bed dormitory rooms, coworking space and local eateries in the same building, Selina, raised $100 million in funding this week, the company announced.
Selina, which operates more than 22,000 beds in 46 countries and recently started an expansion in the United Stat...
Adoption of artificial intelligence globally is about to experience a big increase in the next two years as the technology begins to prove itself in core business operations, predicts a new report from consulting firm Deloitte LLP.
The report says 25% of businesses surveyed have implemented cognitive technologies such as AI or machine learning, either as pilot projects or as long-term strategie...
NEW YORK—The owner of a high-rise office building in Rockefeller Center is teaming up with home-rental giant Airbnb Inc. to convert 10 floors into the first modern-day lodging in the landmark 87-year-old complex.
RXR Realty and Airbnb said they hope to open the facility at 75 Rockefeller Plaza in about a year. The upscale rooms will be on the higher floors of the 32-st...
Can a certification for buildings’ wellness become as widespread as the LEED certification of sustainable design?
That is what former Goldman Sachs partner Paul Scialla is betting on as the founder of Delos, a New York City-based startup that is selling a “Well” certification that developers, employers and hotel operators can publicly display in their lobbies and promotional materials, Fo...
In early March, Pittsburgh Mayor William Peduto signed an executive order mandating that firms testing self-driving vehicles submit materials outlining their testing methods every six months to the city’s newly formed Department of Mobility and Infrastructure (DOMI). Findings from the first of these were quietly pub...
Just like retail, the office sector has to evolve in order to get people through the doors of assets. After all, just as people can shop online instead of heading to the local mall, they can also work from home or sign up with a coworking operator rather than head into an office.
To combat this, both sectors are creating experiential environments to make their own assets more enticing. In the o...
The experimental store in Levittown, New York, will be used to test how new technologies could be applied to the shopping experience.
I suspect many of us have been there. You’ve downloaded an app and never used it. Taken out a subscription to some life-changing management aid a contact recommended and haven’t logged in since day one. Maybe you’re an architect who hates BIM?
All this bodes poorly for the rise of tech in property.
The money targeting PropTech is getting serious.
Earlier this month PropTech venture capital specialist Fifth Wall submitted a U.S. Securities and Exchange Commission filing which showed it had raised $468M for its second fund. And data from CREtech showed that, even when you take out the $6B investment in WeWork by SoftBank, PropTech investment almost tripled to around $4B in the first quart...
Knotel, the flexible office space provider, has finalized five office transactions totaling 93,903 s/f in New York City.
The transactions cap a record-breaking first quarter at Knotel, with global growth surging to add another one million square feet under management.
The largest transaction is a 43,520 s/f lease at 88 Pine Street in the Financial District. The new space in Orient Overseas A...