Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
The Real Deal
No office, no problem, according to one of Silicon Valley’s major tech investors. In a concerning turn for commercial landlords hoping that tech companies will fill office buildings, Bill Gurley of Benchmark said an office is no longer a criteria for the startups that his venture capital firm funds….
The New York Times
Rents in the New York metro area — including parts of New Jersey and White Plains — are projected to drop 7.7 to 11.3 percent by the middle of next year, from the first quarter of 2020, according to Andrew Rybczynski, a managing consultant with CoStar Advisory Services, a commercial real estate data provider.
Bisnow
As office owners look for ways for tenants and their employees to safely and confidently return to their workplaces despite the coronavirus pandemic, data collection and transparency from smart building technology has only grown in importance, panelists said this week during Bisnow’s office optimization webinar. …
Wall Street Journal
On the ground floor of a towering office building overlooking Tokyo Bay, in a space intended to resemble the interior of a moon base, a convenience store is tended by a humanoid robot.
The Real Deal
In Opendoor’s early days, employees knew what they were up against. And if they didn’t, Spencer Rascoff spelled it out for them.
CoStar
October weekends at Zilker Park in Austin, Texas, are usually crowded with colorful flags welcoming hundreds of thousands of Austin City Limits music festival attendees, taco-slinging food trucks, bright artsy vendor stands and hundreds of hipsters with fanny packs craning their iPhones over throngs of people to record live performances by mega music acts like Metallica, Radiohead and Paul McCartney. But not this year.
PlaceTech
Altus Group, a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announces the release of the latest version of cloud-enabled ARGUS Enterprise.
CREtech
Catch up on this week’s webinar with JLL Technologies exploring how to truly reimagine the workplace as a conduit for communication, collaboration and creativity from wherever work is happening.
Fifth Wall
Brendan catches up with Andy Dunn, founder of direct-to-consumer (DTC) apparel company Bonobos. Andy shares his journey as an entrepreneur and delves into the future of retail real estate and the new relationship between landlord and tenant.
Fast Company
The last time I met with Ivy Ross was at the top-secret design lab that she built for Google, where the company has given technology a soft, living room-friendly touch. But today, as the two of us connect on Zoom from our respective homes, it’s clear a lot has changed during this year of COVID-19.
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