In the fight for the future of the real estate industry, legacy firms are trying to figure out how to contend with WeWork. The beer-loving co-working startup that landlords once welcomed has grown into something much more complicated and powerful, in part through technology. The company has developed...
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FedEx Corp. will soon start testing robots that could make same-day deliveries of medicine, pizzas and other items to consumers’ homes, pushing the parcel-delivery giant into a new market competing against startups like Postmates Inc. that use humans for rapid deliveries.
FedEx executives declined to say how soon ...
We expect to raise people’s expectations for what high-quality accommodations look like and how much they cost. It starts with our name — WhyHotel. Because why stay in a hotel when you can have a place like home? The name is meant to pose a question that challenges the value of a hotel room when guests could instead stay in a product like ours. We expect to continue to push the boundaries ...
Managers take a different approach to operating Real Estate Investment Trusts (REITs) than they do to operating privately held commercial real estate companies. The very elements that make their existence possible ensures this to be the case.
REITs pay no corporate taxes and enjoy a stream of low-cost capital through the public markets. In return for these perks, REITs must pay out 90% of their...
To understand what people today really want, and need, we created a series of variables to capture “degrees of openness”—then asked people which type of environment they currently work in, and what type of environment they consider to be ideal.
The Wing, the coworking and community space designed for women, has nailed down more than 12,000 square feet at 25 West 39th Street, Commercial Observer ...
Amazon.com Inc. AMZN 1.95% is planning to open dozens of grocery stores in several major U.S. cities, according to people familiar with the ...
Those foldable maps handed out at university orientation are getting a welcome upgrade.
Universities worldwide are investing in digital maps to help students navigate sprawling campuses, another sign that technology is pushing into all corners of the built environment.
From maps in phone apps, to the type of interactive digital signs used in shopping malls, the tools aim to enhance a student...