Commercial real estate has seen an enormous increase in tech platforms in recent years. As construction costs and land prices continue to rise, cutting costs is crucial.
More and more property owners are turning to new technology to help save, increase efficiencies and optimize their investments. On Feb. 20, BISNOW is bringing together the NYC CRE community to explore useful ways to benefit from CRE technology in the current market. Check out the NYC CRE Tech Summit.
August 4, 2023
400 new affordable apartments were announced for the Financial District this past week. Roughly a third of the new buildings at 5 World Trade Center, will be set aside for middle- and working-class New Yorkers, with 80 of those apartments earmarked for people who lived and worked near the old World Trade Center as well… Read more »
May 22, 2023
“The mortgage refinancing boom is over, but its impact will be seen for decades to come”. Fed data shows that about 14 million mortgages were refinanced during the pandemic period starting in March 2020. Some 64% were considered “rate refinances,” or homeowners looking to take advantage of lower borrowing costs. Average savings totaled about $220… Read more »
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