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A cloud-based surveillance platform designed by A.I. proptech firm OWAL for Hudsonview Terrace, 745 Tenth Avenue at 51st Street, has reduced security issues at the building by more than 75 percent since its launch in December 2017, according to building owner Empire State Management.

REGIONAL proptech accelerator programme Propell Asia has concluded, with the five startups now working with industry players to implement their products and solutions, JLL and Lendlease announced in a joint statement on Friday.

It is difficult to pinpoint when the term PropTech, which stands for property technology, rose to prominence in U.S. commercial real estate.

New York’s multifamily market saw one of the largest transactions of the year in September, carrying dollar volume for the sector over the $1 billion mark. The city saw 33 deals across 78 buildings for $1.02 billion during September, according to Ariel Property Advisors.

San Diego is on the path to building the largest smart city IoT platform. In its partnership with Current by GE, the city has announced plans to launch new smart city apps and lighting controls. The apps will help residents navigate and improve parking, traffic and public safety on city streets.

SoftBank Group has made several big name investments across insurtech and real estate, including deals to WeWork, OYO Rooms, PolicyBazaar, and Lemonade. SoftBank wants its portfolio companies to get along. The Japanese conglomerate’s recent investments in insurtech and real estate tech point to a strategy of promoting collaboration among its portfolio companies.

With over five million apps available across the world, just about every fathomable function of daily life can be aided by a finger-tap on a smartphone. People spend at least two hours a day using apps...

BOSTON—Verizon, which announced in August plans to lease more than 450,000 square feet of space at The Hub on Causeway, says it will spend approximately $600 million to expand its operations here and transform Boston into a digital city of the future.

Being a New York City rental broker has always been a tough gig. But the job is getting even harder.

It’s now been exactly one year since StreetEasy began charging