REBNY launches PropTech Challenge, Global Virtual Hackathon Series
Opportunity for software developers to win up to $50,000, innovate for New York City’s real estate market, and connect with venture capital firms and key real estate decision makers
Category : Technology
Renegade intern lands ATCO in hot water with data company
Months after commercial real estate data company Reis sued ATCO Properties & Management for stealing hundreds of reports from the company’s website without paying, a judge has rejected ATCO’s motion to dismiss the suit. In March of this year, Reis filed a complaint in New York Supreme Court alleging that...
UPS expands smart lock tech for better apartment access
UPS has begun a pilot program that will allow mailmen to deliver inside apartment buildings. The postal service has partnered with Latch, a tech company founded by a group of ex-Apple boffins, to install so-called “smart access devices” that enable in-building deliveries to multi-unit homes. UPS began preliminary tests in...
Security Guards: Unlocking new tech ideas could solve deposit conundrum, say industry experts
Like the Statue of Liberty, Empire State Building, and Times Square, perhaps the most well-known thing about New York City is that it's expensive to live here. A recent report outlining the steep cost of putting up a security deposit, the City is proposing ways to make it easier for New Yorkers to find housing.
Manager adds drone to property tool kit
Ariel technology saving properties a fortune, according to NYC apartment manager
5G forecast forces owners to prepare for next gen wireless
An upcoming sea change in the wireless industry promises to optimize everything with a digital pulse, from phones, tablets and watches to cars and even entire office towers. As carriers prepare the first wave of their fifth-generation, or 5G, cellular technologies, property owners are making sure their properties are ready,...
HFZ funds fintech venture upturning security deposits
Obligo Inc., a financial technology company serving the real estate market, has completed a $5 million financing round. Obligo has developed a new financial standard to replace the security deposit . Under this new standard, tenants would provide landlords with a limited billing authorization instead of a cash deposit, allowing...
Savills Studley, Leverton combine AI, analysis software
Savills Studley is partnering with LEVERTON to improve lease administration and portfolio planning. The firm combined its Knowledge3 portfolio analysis technology with LEVERTON’s AI-powered data extraction technology. The result was a system that landed the two companies CoreNet Global’s 2017 Innovator Award. In a new formal partnership, Savills Studley will...
Rudin tech company launches app with a learning curve
Prescriptive Data, a subsidiary of Rudin Management Company (RMC), has launched a new mobile application designed to enhance the workplace experience for tenants. NANTUM Tenant Fractal App is the latest extension of Prescriptive Data’s smart building operating system. The app is designed to act as a “passport” and allow users...
335 Madison to become ‘vertical tech campus,’ rebranded Company Building
Once destined for the wrecking ball, Howard Milstein’s 335 Madison Avenue will be reborn as a vertical tech campus with all 1.1 million s/f being used to house and support startups. Through a new enterprise called Company, Milstein Properties will pour $150 million into modernizing the 1984 office building, outfitting...