Technology

In 2018, New York City experienced a 21% drop in foreign immigration, which is threat to the future of the city, says the president and CEO of the Partnership for New York City.

There are three categories to help reduce the energy footprint of commercial buildings, from improving current systems to full retrofits.

The small residential sector includes all single-family rental homes and multifamily properties with 50 units or less, where the majority of US residents reside, or a staggering 87% of all long-term rental units.

The number of food halls in the US is expected to double by the end of this year and a panel at ICSC's RECon 2019 event says the growth will not slow down anytime soon.

The actual process of leasing and equipping an apartment—from scheduling a viewing to signing the lease and getting the unit fully furnished—still remains tedious at best.

In the commercial real estate industry, both AR and VR technology is used to reflect the physicality of the space including photos of the space, a PDF of the floor plan, drone imagery or maybe even a CAD file.

There's a great emphasis now on technology implemented to make buildings more efficient. But without a holistic infrastructure, success can be limited, says IREM president-elect Cheryl Gray, CPM.

Partnering with the company Loop, the real estate firm is testing the system which will allow tenants at One Blue Slip and Brookfield Place to shop while eliminating disposable packaging.