Founded in 2016, UVeye is a computer vision technology company powered by artificial intelligence and proprietary hardware that develops automated inspection systems for vehicles. With offices in Israel and Ohio, UVeye has installed systems at over 100 sites across the globe including vehicle manufacturing facilities, dealerships, fleet company lots and logistics centers as well as energy, financial and diplomatic security facilities.

Prior to signing its lease for its new headquarters at Glenpointe, UVeye was the first tenant at FLEX Powered by Glenpointe, the campus’ 5,300-square-foot coworking concept built to meet the space needs of individuals and growing companies. The FLEX Powered by Glenpointe space provided the company with the adaptability it needed to continue to grow its footprint and establish a long-term presence in the market.

The lease with UVeye builds upon Alfred Sanzari Enterprises’ strong leasing activity at the 670,000-square-foot Glenpointe corporate campus in 2022. Since the start of the year, the firm has negotiated nearly 100,000 square feet of leases with a wide range of companies including Leica Camera, Axia Women’s Health, and HK Kolmar.

“We have chosen New Jersey and Glenpointe as our USA headquarters both because of its great facilities and convenient location,” said Yaron Saghiv, Chief Marketing Officer of UVeye. “Our global expansion providing inspection devices for vehicles has been accelerated recently and we plan to scale throughout North America with local teams reporting to our New Jersey office. Thank you to the wider Glenpointe team for their great collaboration and support!”

Carolina Gutierrez, Leasing and Marketing Manager for Alfred Sanzari Enterprises added, “UVeye is a shining example of how Glenpointe and specifically FLEX Powered by Glenpointe space can provide the facilities needed for growing companies to continue their upward trajectory. It’s extremely gratifying for our team to play a role in their success, and we are thrilled to have the company plant its roots at Glenpointe.”

Focused on providing a unique work-play-stay experience for employees at the dozens of companies that call the campus home, Glenpointe combines adaptable class-A office space with a slate of diverse amenity offerings that are unmatched in the market. The campus boasts the 26,000-square-foot Glenpointe Fitness Center, The Green, a 22,000-square-foot multi-purpose outdoor amenity space, The Pointe, an on-site community lounge, 700 hotel rooms across three on-site hotels, several casual and fine dining options including an on-site full-service Starbucks, abundant covered parking and 24/7 security.

Aiming to further enhance the tenant experience, the firm also recently celebrated the grand opening of Marketplace, An Urban Eatery at Glenpointe, a modern dining hall serving seasonal menu offerings and featuring a fully automated system that includes kiosks for in-store ordering and a website for pickup and catering orders. Offering delicious, scratch-made, chef-prepared grab n’ go meals and made-to-order options such as locally roasted coffee from Cofeecol and small-batch chocolates and pastries from Balthazar Bakery, Marketplace, An Urban Eatery has options for any palate. 

Glenpointe currently has a range of spaces available from 976 square feet up to full-floor spaces of 52,000 square feet and a contiguous block in excess of 95,000 square feet. Experience firsthand why Glenpointe is considered the tri-state area’s preeminent corporate campus by booking a tour with Jeff Schotz of Newmark at 201-460-5152 or jeff.schotz@nmrk.com.

To stay connected with Alfred Sanzari Enterprises and for updates on the latest transactions and news follow Alfred Sanzari Enterprises on Facebook, Twitter, Instagram, and LinkedIn.

The post <strong>Alfred Sanzari Enterprises Helps Growing Tech Company Establish Headquarters at Glenpointe</strong> appeared first on Real Estate Weekly.

The digital transformation of real estate promises healthier and more sustainable buildings, better experiences for occupants, and greater operational efficiencies for building owners. But real estate IT and digital innovation teams lack a secure, unified device infrastructure and data platform to drive transformative outcomes across their entire portfolio. As a result, many building owners are either capturing little value from their systems and devices or spending millions of dollars to integrate a patchwork quilt of point solutions in an effort to capture greater value. The latter often results in significant cost overruns, poor returns, and increased exposure to cybersecurity threats. View created the Smart Building Cloud to address these problems head-on.

The Smart Building Cloud provides real estate technology teams the platform and all software components required to connect, manage, and optimize a portfolio of smart buildings with strong cybersecurity protection and maximum flexibility. The modular, open, secure platform—which extends from network to application—allows IT and digital innovation teams to securely consolidate and normalize building data from across their entire portfolio into a cloud-based environment, and drive business outcomes such as reduced energy consumption and more efficient facilities management with pre-configured insights and automations. Open APIs and out-of-the-box integrations with over forty real estate technology solutions such as SkySpark, Switch Automation, ThingWorx, VTS Rise, Mapped, and utiliVisor accelerate business value.

The Smart Building Cloud can be deployed in both new and existing buildings, and in conjunction with or independently of View Smart Glass, View’s flagship product that uses artificial intelligence to optimize access to natural light and outdoor views while keeping occupants comfortable. Every View Smart Glass installation comes with an extensible OT network, View Net, which supports a wide variety of smart building devices and applications and serves as the foundation for a complete smart building technology stack.

“At RXR, we have long recognized the transformative value of technology and smart buildings to give our customers the environment and the experience to thrive,” said Scott Rechler, Chairman and CEO of RXR. “View provides the enterprise-grade technology backbone that’s needed to easily and securely add new devices and capabilities, as well as the real-time actionable insights needed to capture immediate business value.”

“We have deployed View Secure Edge and Remote Access in nearly 100 buildings being served by hundreds of vendors and have been thrilled with the outcome,” said Khanh Nguyen, Vice President of Technology at Kilroy Realty. “Our buildings are not only more secure and more unified than ever, but also far more cost-effective to manage. With View, we cut our vendor fees by 75 percent and realized more than a million dollars in annual operational cost savings.”

“View is on a mission to transform the human experience inside buildings, while dramatically reducing energy consumption and carbon emissions from real estate,” said Rahul Bammi, Chief Business Officer at View. “Customers are using our platform to harness data already generated by their buildings to immediately enhance the occupant experience, reduce energy consumption, and gain operational efficiencies. The Smart Building Cloud extends the value that View already provides with our Smart Glass solution. Building owners can now optimize every aspect of their new and existing buildings—from natural light and energy efficiency to air quality, space utilization, and even building maintenance and repairs.”

The Smart Building Cloud aggregates data from connected systems, sensors, and applications within a building and applies data normalization and spatial contexts. Products in the Smart Building Cloud family include:

● View Secure Edge — a plug-and-play edge-to-cloud solution that enables IT and digital innovation teams to securely connect new and existing buildings to the cloud; centrally manage building networks, systems, and data in the cloud; and deploy edge applications for real-time processing, insights, and optimizations. Secure Edge can be deployed by a building’s existing IT staff in less than a day.

● View Remote Access — a secure access portal that enables IT teams to reduce the cost and cybersecurity risks of maintaining smart buildings by providing vendors and technicians with secure, auditable, time-bound remote access to building networks and devices.

● View Building Performance — a configurable application and web-based tools that enable building managers to measure, optimize, and automate building performance with comprehensive, contextual, and actionable insights consolidated from disparate on-premises, and cloud-based systems.

● View Workplace Experience — a configurable application and web-based tools that enable corporate facilities managers to create healthier, more efficient, and more productive workplaces by uncovering actionable insights related to building health, space utilization, and workplace operations.

Components of the Smart Building Cloud have been deployed in over 50 million square feet of buildings globally. Notable customers include Alexandria Real Estate Equities, Tishman Speyer, RXR, Deutsche Bank, and CBRE.

Join us at Realcomm 2022 on June 15-16 to learn more about The Smart Building Cloud.

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JLL will seek out proptech startups working to solve everything from reducing carbon emissions to integrating high-speed internet.

The aim is to work with home-grown talent to modernize they city’s 56 public buildings and NYCHA’s 335 housing developments.

“Proptech can help reduce energy use and emissions from City facilities and improve the way these properties are managed,” said Dawn M. Pinnock, Acting Commissioner of the NYC Department of Citywide Administrative Services. “Many of the best and brightest minds in proptech are right here in New York City, and DCAS is excited to partner with them to help meet the City’s ambitious climate goals.”

The announcement was made at the annual Propel by MIPIM conference earlier this week by New York City Economic Development Corporation (NYCEDC) President and CEO Rachel Loeb.

Loeb said JLL Technologies (JLLT) will serves as the City’s key partner to launch its Property Technology (Proptech) Piloting Program. The program will seek to find innovative proptech startups that are interested in working with NYCEDC, Department of Citywide Administrative Services (DCAS), and New York City Housing Authority (NYCHA) to improve quality of life for tenants and address building sustainability at City-owned and -managed assets

 “We have chosen JLL Technologies as our partner to help address the city’s unique needs because of their deep knowledge of the proptech sector, a steadfast commitment to sustainability, and an alignment to the program’s goals,” said Loeb. “This program will go a long way toward rethinking how proptech is used and pave the way for technology to help bridge the digital divide and drive a more equitable recovery.”

Yishai Lerner, co-CEO of JLLT, said, “We are excited that this program will help spur technology innovation in the sector and serve as a model for other cities as they strive to improve well-being, sustainability, and more.”

In 2020, NYCEDC in partnership with DCAS and NYCHA issued a Request for Proposals (RFP) to identify a partner to serve as the go-to organization for vetting and recommending proptech startups interested in working with city agencies to seek solutions for their tenants and assets.

JLL Technologies, one of the world’s largest real estate services organizations, was chosen for its high level of experience and previous work with thousands of startups to deliver innovative technologies to the world.

 Together JLL Technologies, NYCEDC, NYCHA, and DCAS aim to bring the benefits of proptech to underinvested buildings and underserved communities, helping to drive more equitable access to technology. Further, the company will offer recommendations for startups whose technologies and innovations can be piloted in live environments.

“Incorporating new technologies is essential to improving the quality of life for our residents,” said NYCHA Chair & CEO Greg Russ. “The Property Technology Piloting Program spearheaded by NYCEDC will enable NYCHA to identify and partner with cutting-edge organizations capable of optimizing our technical and support services at the highest level, and prepare the Authority for meeting the property management challenges of the 21st century.”

“New smart building technologies have the ability to improve people’s lives by bolstering safety systems, increasing access to high-speed broadband internet, and making homes more energy efficient and sustainable,” said Congresswoman Yvette Clarke. “As founder of the Congressional Smart Cities Caucus, I’m excited about the opportunities this Proptech Pilot Program will create for our Brooklyn small businesses and entrepreneurs throughout the smart city ecosystem, and I’m very hopeful that it will meaningfully and equitably enhance quality of life for our NYCHA residents.”

“As Chair of the City Council’s Committee on Technology, I applaud this pilot program to make use of proptech to improve the lives of New Yorkers who need it most. We must always move our city into the future and make use of the tech talent at our disposal,” said New York City Councilmember Robert Holden.

“It’s great to see NYCEDC harnessing the power of New York’s growing tech ecosystem to make the city’s buildings healthier and more efficient,” said Jonathan Bowles, executive director, Center for an Urban Future. “Hopefully, this will both improve quality of life for tenants and give a boost to the city’s emerging prop tech sector.” 

In November of 2019, Deputy Mayor of Housing and Economic Development Vicki Been announced the City’s intention to create a proptech piloting program to leverage the City’s real estate portfolio to support sustainability, operations management, and public health. The selection of JLL Technologies is one step to bringing that vision to reality. 

For startups interested in potentially piloting their technologies with the city via the proptech piloting program visit: edc.nyc/program/proptech for additional information. 

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The global drone package delivery is expected to grow by 45.5 percent in the next year, driven by demand for contactless delivery generated by the COVID pandemic. By 2025, it is estimated that the market will reach $4.4 billion as companies are able to expand from primarily rural areas into more dense population centers.

Wing is launching the first city service in Frisco, Texas, the fastest-growing city in the United States in 2017.

It will create a drone delivery facility at Frisco Station, a 242-acre mixed-use development in the North Platinum Corridor being developed by Rudman, Hillwood and VanTrust Real Estate with an infrastructure to support emerging technologies. In 2017, Frisco Station built one of the world’s first vertiports, a new concept of air transportation that facilitates electric vertical takeoff and landing to move cargo – and ultimately people – between places.

Frisco Transportation Management Association, organized by the Frisco Station Partnership, also launched drive.ai’s autonomous vehicle pilot program to encourage connectivity between Frisco’s emerging destinations as part of a multi-mobility plan.

“Frisco Station was designed with futureproofing in mind, bringing next-generation mobility options to reality today,” said Robert Folzenlogen, senior vice president of strategic development at Hillwood. “The addition of Wing and its first-of-its-kind innovation builds upon Frisco Station’s foundational pillars of Smart, Creative, Healthy and once again showcases the development nationwide as the place where pioneering visions can be put into practice today and maximized well into the future.”

Frisco Station will see a drone delivery flights beginning the week of October 25. Outside of Frisco Station, Wing has also partnered with Walgreens to launch a first-of-its-kind store-to-door commercial drone delivery service for customers in Frisco and Little Elm.

The development of autonomous drone technologies has surged in the last five years with players including UPS, DHL and even Boeing working on the next generation of drones.

UPS Flight Forward was the first company to get the U.S. government’s full certification to operate a drone airline and it has since partnered with drone logistics platform Matternet to deliver medical supplies and with CVS to airlift prescription medicines to customers.

Retail giant Walmart is working with Flytrex building out a drone delivery system currently being tested in Fayetteville, North Carolina. Germany-based Wingcopter – which worked with Unicef to delivery COVID vaccines to remote areas of the South Pacific – just completed a $22 million funding round as it prepares to enter the U.S. market.

Other operators in the space include San Francisco-based Zipline and the multinational Boeing, which is testing autonomous flight technology to larger unmanned cargo air vehicles.

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The contest is a partnership between the DOB, the NYC Economic Development Corporation and Urban Tech Hub @ Company Ventures.

Building on the success of our first ever “Hack the Building Code” innovation challenge held last year, DOB is once again seeking ideas on the best ways to improve how we design, construct and maintain our city of over 1.1 million buildings.

Submissions for the challenge can incorporate a wide range of ideas, including new technologies, resiliency standards, building sustainability, construction site safety, public safety, public quality of life issues, removing inefficiencies in the development process, and modernizing construction techniques.

The winners of this innovation challenge will receive DOB technical support and assistance in introducing their technology to NYC’s design and construction industries. In addition, winners will be featured in upcoming DOB industry seminars and events highlighting how NYC’s Building Code keeps New Yorkers safe.

Submit your entries online here by November 3, 2021.

“Time and time again we have seen that the best ideas can come from anywhere. That’s why we’re challenging New Yorkers to share their proposals for how we can make New York a safer and more sustainable city,” said Buildings Commissioner Melanie E. La Rocca. “We want to leverage the creativity of the city’s design and construction industries to keep us at the forefront of innovation, protect the public and help New York continue to lead the fight against climate change.”

“The Urban Tech Hub @ Company Ventures is proud to continue to partner with the Department of Buildings to surface innovative ideas to modernize construction techniques and sustainable practices and to create more resilient spaces in the wake of COVID,” said Robinson Hernandez, Executive Director of Urban Tech Hub @ Company Ventures. “We’re calling on New York City’s tech and real estate communities, as well as the general public, to help us update and modernize the city’s Building Code so that it better serves everyone.”

The “Hack the Building Code” Innovation Challenge is seeking proposals in categories including, but not limited to:

1. Construction Practices
   1. Creating innovative design and construction techniques
   2. Improving construction process efficiency and safely reducing cost
2. Sustainability & Resiliency
   1. Enhancing resiliency of buildings and systems
   2. Improving building energy and emissions performance
   3. Innovative new materials or practices that improve sustainability
   4. Renewable energy systems
   5. Reducing “embodied carbon” that is stored or emitted during construction
3. Improving Conditions for Tenants, Occupants, & the Public
   1. Best practices for complying with tenant protection regulations
   2. Innovative technology that coordinates and minimizes disruption of services in occupied buildings, including heat, hot water, and elevators;
   3. Minimizing the impact of construction and building maintenance on tenants in residential buildings, including but not limited to reducing noise, dust, vibrations, and other detriments to tenants’ quality of life, as well as other innovative ideas to maintain safe and code-compliant egress from buildings during construction
   4. Minimizing the effects of construction on other building occupants, the public, and neighboring properties, including but not limited to the factors set forth above
4. New Design Standards & Practices
   1. Identifying regulations that should be phased out or modernized
   2. Innovative façade inspections and repairs
   3. Incorporating new technology and data into building design
   4. Improving building safety and structural performance
   5. Improving fire safety
5. Worker & Construction Site Safety
   1. Innovative construction techniques that improve safety
   2. New technology that improves fall protection
   3. Identifying methods of construction that limit/reduce impact to the public right-of-way and pedestrians
   4. Best practices and innovations for protecting adjoining properties during construction

Judging for this competition will be led by DOB’s Code Innovation Committee, comprised of DOB staff and representatives from the construction, design and real estate industries. Finalists will be selected after review by the Committee and will present their proposals at a virtual DOB conference to be held in November.

New York City’s Building Code is one of the nation’s earliest and most comprehensive set of rules regarding construction in both new and existing buildings. Updated regularly, our Codes set a strong framework for how buildings are designed and maintained in our unique urban environment. Earlier this year, the Department announced sweeping revisions to existing Codes, with more than 600 major changes to existing regulations, which we look forward to the City Council passing them into law. Regulations in our Codes frequently inform model codes on the national and international levels.

The second-annual “Hack the Building Code” Innovation Challenge is part of DOB’s ongoing commitment to create a safe, sustainable city. Last year, winning proposals to improve building and worker safety and increase energy efficiency among NYC’s buildings included a wide range of measures to improve our city’s built environment. In addition to showcasing the 2020 winners at digital industry conferences, the agency also issued Buildings Bulletins in support of these innovators, official guidance documents which provide technical approvals in New York City for the use of products, processes and technologies that are not specifically enumerated in our Codes.

Urban Tech Hub is home to 50+ startups working on the future of smarter cities alongside corporate partners and NYC government agencies, helping the city to capitalize on innovations that address the most pressing urban challenges.

“It is critical to the well-being of our communities to promote the modernization of the built environment in New York,” said John Evers, President & CEO, American Council of Engineering Companies of New York. “Our organization will continue to partner with the DOB and Commissioner La Rocca on initiatives such as the ‘Hack the Building Code’ challenge, which promotes greatly needed innovation and resiliency efforts.”

“Innovation is an essential part of the real estate industry’s efforts to advance sustainable development, promote construction safety and maintain state-of-the-art buildings for residential and commercial tenants,” said Zachary Steinberg, Senior Vice President of Policy at the Real Estate Board of New York (REBNY). “We applaud DOB for leading this exciting initiative and look forward to the proposals it will generate as we continue working together to modernize our built environment and strengthen communities across New York City.”

“The BTEA is proud to once again participate in the Department’s “Hack The Building Code” innovation challenge. It is exactly these collaborative efforts that help to move both the Industry and the Department forward. We look forward to hearing and seeing more fantastic and innovative concepts,” said Donald Ranshte, Building Trades Employers Association, Executive Vice President.

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The commercial real estate services company reported in its most recent SEC filings that it hired cybersecurity experts to secure and restore its systems and was able to do so with “no material disruption to its business.”

The company’s investigation of the attack is ongoing; however, its said there is no evidence as yet of any material risk or misuse relating to personal information.

“The company continues to work with its external cybersecurity experts to assess and enhance the security of systems and personal information,” it said in a statement.

Marcus & Millichap carries cyber insurance, which it expects will cover the majority of costs related to the attack.

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The transaction is expected to close shortly, following completion of customary closing conditions.  

One of the largest challenges in CRE is the abundance of fragmented data. Skyline AI uses unique data sets, AI and Machine Learning (ML) algorithms to process data quickly and drive actionable insights for real estate experts.  

“The acquisition of Skyline AI is a significant step for JLL as we look to provide the most strategic and creative advice to our clients,” said Richard Bloxam, CEO of Global Capital Markets, JLL. “When you combine the intelligence of the best advisors on the ground with a quantitative expert team and AI data analysis, you get insights that are beyond human and create a competitive edge for JLL and our clients.” 

JLL will also incorporate Skyline AI technology and proprietary data into its products so JLL clients can better predict future property values, improve cost savings, identify promising investment opportunities and make critical business decisions, such as when to raise rent, renovate or sell.

Skyline AI was founded in 2017 by serial technology entrepreneurs Guy Zipori, Amir Leitersdorf, Iri Amirav and Or Hiltch, who have a track record of building, scaling and selling technology companies. A major player in the CRE market, Skyline AI was named one of the most innovative AI startups by the CB Insights Global AI 100 list. JLL global venture fund JLL Spark has been an investor in Skyline AI since 2018. 

“This acquisition demonstrates the value and synergies of JLL Spark, as we invest in innovative proptech companies and leverage the resources of JLL to accelerate their growth,” said Yishai Lerner, co-CEO, JLL Technologies (JLLT), a business division of JLL dedicated to CRE technology. “Our teams consist of knowledgeable real estate experts and world-class technologists who successfully bring new AI offerings like Skyline AI into the fold and provide the best insights to our clients, accelerating JLL’s leadership in CRE technology.” 

Skyline AI’s platform uses proprietary AI/ML models to process data from more than 300 data sources—the multifamily industry’s largest and most accurate dataset—and tracking 10,000 attributes such as owner information, property characteristics, demographics, historical transactions and debt for 400,000 multifamily properties across the U.S. Over time, Skyline AI’s platform identifies discrepancies and determines which information is most accurate to help investors maximize their investment and leasing opportunities. 

“JLL provides the perfect platform to realize our vision of transforming CRE using AI,” said Guy Zipori, co-founder and CEO, Skyline AI. “Skyline AI has worked closely with JLL as an investor since 2018. The next natural step is to become part of JLL, a multi-billion-dollar global company that sees the transformative power of the Skyline AI platform.” 

J.P. Morgan acted as an advisor to Skyline AI in this transaction. 

The post JLL to acquire artificial intelligence company, Skyline appeared first on Real Estate Weekly.

Along with Berlin, London, and Paris, and with backing from Bloomberg Associates, Nitrous, and Microsoft, they have formed the Global Innovation Collaborative.

Calling it “a partnership to reignite and strengthen businesses as they recover from the impacts of the pandemic,” the challenge is a call to small and medium sized tech firms to put forward their ideas for solving some of the unique challenges the COVID pandemic created.

From ways to reimagine public gatherings, like music festivals or greenmarkets, to creating new systems that might keep tourism alive, the challenge, says Council Member Paul Vallone, is to make sure creative individuals, industries and activities can be connected, made financially sustainable, and thrive as a critical part of each cities’ cultural landscape.

Vallone, who is chairman of the city’s Committee on Economic Development, said, “The Creative Cities Challenge… would bring the city beyond just recovery and move into truly new and innovative ways to ensure New York remains on the leading edge of performance, the arts, and nightlife.

“Programs like these, in partnership with other world leading cities, strengthen our position as one of the premiere places on earth for creativity to flourish with a focus on true equity.”  

In New York, the competition to revolutionize public services and engage citizens and artists is being led by the Economic Development Corporation (NYCEDC).

“New York City is home to some of the world’s most iconic arts institutions. Supporting our cultural and creative sectors is essential to restoring jobs and reopening our businesses,” said NYCEDC President and CEO Rachel Loeb. “We are proud to join the Global Innovation Collaborative to work with our partner cities and launch the Creative Cities Challenge. We look forward to bringing the creative industry back to life.”

The Creative Cities Challenge seeks proposals to pilot innovative solutions from technologists, entrepreneurs, environmentalists, data scientists, researchers, designers, architects and creatives from across the globe. Once selected, these solutions will support the growth of creative production, prioritize the ongoing safety of creative consumers and producers, while centering equity, inclusion and accessibility in the rebuilding of the industry. 

“As the agency charged with supporting New York City’s creative economy, the Mayor’s Office of Media and Entertainment continues to work with our arts and entertainment sectors to help them survive the pandemic and return stronger than ever,” said NYC Mayor’s Office of Media and Entertainment Commissioner Anne del Castillo. “The Creative Cities Challenge will reinforce our efforts to advance an equitable recovery of our creative economy.”  

“The Office of Nightlife at MOME is grateful to participate with the Creative Cities Challenge in this global effort to find innovative solutions to help support the recovery of nightlife and performance venues around the world,” said the Executive Director of the Office of Nightlife Ariel Palitz.

“We are thrilled that NYC is partnering with Berlin, London, and Paris to surface innovative solutions to challenges faced by the creative sectors during the pandemic,” said NYC & Company President and CEO Fred Dixon. “Our cultural institutions are globally celebrated and the backbone to our tourism industry; it is imperative that we support them as New York City reopens and recovers.”

Prior to COVID-19, the cultural sector in NYC was one of the largest industries in NYC, employing nearly 400,000 workers, paying them $31 billion in wages, and generating $110 billion in economic activity.

The COVID pandemic forced 95 percent of organizations to cancel programs, and employment in the industry dropped by 60 percent. Some 89,000 jobs in the tourism industry, a vital component of New York City’s economy, were also lost.

New York passed ‘Open Culture’ regulations to help bring cultural and artistic events back as part of an overarching effort to make communities stronger, create jobs and rebuild the city’s reputation as one of the most dynamic, diverse and creative cities in the world.

The EDC believes the Global Innovation Challenge will give them new tools to take the revival to the next level – and their European counterparts agree.

“Berlin’s economy is inconceivable without its culture,” said Dr. Stefan Franzke, CEO, Berlin Partner for Business and Technology. “This is another reason why the Global Innovation Collaborative is sending the right signals: Together we are stronger. Jointly with our friends in London, New York and Paris, including also Kulturprojekte Berlin and visitBerlin, we are looking for innovative ideas for the unique creative landscape of our capital. Culture belongs to Berlin like the Brandenburg Gate and the television tower. I am grateful that we tackle these challenges together with our partner cities and I am sure that something good will come of it. The way out of the pandemic is not a ‘back to square one’: We want to be better, happier, more colorful and more creative than before.”

“London is home to some of the world’s most dynamic innovators and entrepreneurs,” said London Mayor Sadiq Khan. “Through this exciting new partnership with other world cities I’m confident we will be able to harness their creativity and help those sectors hardest hit by the pandemic – such as arts and culture – adapt and thrive as we emerge from lockdown and into our economic recovery.”

“Culture and creation have been particularly hard hit by the pandemic. As we see hope returning and Paris reviving, it is time to get back on track in both of these key sectors,” said Paris Mayor Anne Hidalgo. “To this end, Paris has joined Berlin, London and New York in the Global Innovation Collaborative project, alongside Bloomberg Associates, to ensure the rich success. This international creative challenge, open to innovation players from all over the world, will be a unique opportunity to share our ideas and think about the future of the cultural and creative sectors that are essential to the prestige of our cities.”

Details and submission information can be found here.

The post NYC partners with European leaders in search for big ideas to keep us social appeared first on Real Estate Weekly.

Post-COVID, providing comprehensive digital experiences to occupiers in Class-A commercial buildings has become essential, with landlords placing a greater focus on tenant relationships, experience, communications and data.

Eric Roseman, Vice President, Innovation & Technology Ventures with LPC commented, “We see tenant engagement and in-building technology experience critical to the future of office.

“We have worked with many of the tenant engagement providers in the space and were most impressed and delighted with the Equiem experience. We’re excited to continue to expand our adoption of their platform. ”

Gabrielle McMillan, CEO and Co-Founder of Equiem said “We’re delighted that a group with the scale and operating expertise of Lincoln Property Company is now an investor in, and strategic partner of Equiem. We’re incredibly proud of the work we have done over the last 10 years to pioneer a shift in the way landlords and operators interact with and service their customers.

“It’s a complex mix to get it right, and as we transition into offering a broader workplace experience platform, having a strategic partner like LPC — who sees the value we can bring to their teams, tenants and partners — creates an exciting win-win.”

The LPC partnership comes off the back of strong growth for Equiem’s US business which reported 70 percent growth in contracted revenues last quarter.

 McMillan, who is based in New York said, “North America is a critical market for Equiem and I’m really pleased with the strong team we’ve built here and the track record for execution we’ve developed.

“There is a lot of noise surrounding ‘real estate tech’ or ‘proptech’, but as landlords are making decisions about the right technology platforms and partners, they are looking to Equiem based on our deep understanding of real estate, global scale and the maturity and depth of our team and platform.”

Equiem is the largest global workplace experience platform company and in the USA the firm’s growing customer list includes LPC, Unico, Nuveen, Lionstone, Endeavour, Spear Street Capital, Pembroke, Adams & Co, Stockdale, Rising Realty and others with the platform live in over 100 large USA office towers and operations spanning 15 cities and 12 states.

LPC plans to bring Equiem as a unique solution to its various partnerships and services. Founded in 2011, Equiem operates in Australia, the USA, the UK, Ireland and Canada.

This partnership with LPC builds on momentum for Equiem globally, which last month announced the acquisition of Vicinitee and a partnership with British Land, the largest REIT in the UK.

The post LPC acquires stake in proptech leader Equiem appeared first on Real Estate Weekly.

Already a leader in the residential market, Latch was acquired by Tishman Speyer’s special purpose acquisitions company, TS Innovation Acquisitions Corp. earlier this year.

Now the company says it is taking LatchOS into commercial offices, providing smart access, visitor and delivery management, smart device and sensor control, connectivity, and identity and personalization solutions to meet the needs of modern office spaces.

As flexible working models become the norm, LatchOS will enable in-person, hybrid, and remote organizations to effectively collaborate, come together, and use their office spaces in a way that works better for both employees and building staff.

“We are thrilled to be expanding the Latch ecosystem in the commercial office space, and are proud to empower our partners with the product solutions necessary to provide the best experience for visitors and tenants,” said Luke Schoenfelder, co-founder and CEO, Latch.

“The biggest back to office moment in history is around the corner, and Latch’s products will ensure that office building staff, tenants, and visitors will experience seamless, contactless building entry and visitor management from day one.”

Latch launching the expansion with real estate giants including Tishman Speyer, Empire State Realty Trust and Brookfield.

“We have followed closely Latch’s industry leading guest and visitor management solutions in multifamily, and we are very eager to see how Latch and its access controls and LatchOS can work in our lobby with tenants at the Empire State Building,” said Anthony E. Malkin, chairman, president, and CEO, Empire State Realty Trust, Inc. “We are excited to participate in our pilot with Latch at the World’s Most Famous Building.”

“We are thrilled to expand our partnership with Latch as an investor via Brookfield Technology Partners and an adopter of its residential product in our multifamily portfolio to now piloting Latch’s foray into commercial office,” said Ben Brown, managing partner and Head of U.S. Office, Brookfield Property Group. “We continually look for innovative ways to enhance the tenant experience with the use of technologies such as Latch. As the company expands into commercial office, we can think of no better place to deploy its LatchOS system than in one of our marquee properties, Brookfield Place New York.”

Since its founding in 2014, Latch has become a leader in the multifamily smart access space and is used in over 300,000 apartments across more than 35 states.

Its expansion into the commercial market is expected to further bolster its $1.56 billion IPO valuation.

During an investor presentation earlier this month, the company released preliminary first-quarter financials showing bookings growth accelerated to a range of 86 to 88 percent – nearly double the full-year 2020 rate. With new revenue from contracts with early customers and its entry into the commercial space, sales are expected to rise 140 percent year over year and the company expects it will turn free-cash-flow positive in 2023 on full-year sales of $368 million. 

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