11/09/2018 Real Estate Weekly | Jackson Chen (url)
The Real Estate Board of New York awarded $50,000 to four new property tech ventures for its 2018 PropTech challenge.
The challenge saw 44 submissions from 82 participants across the world, including the US, Canada, Great Britain, Hong Kong, Israel and others. The submissions were separated into four categories: Operations and Maintanence, Architecture, Engineering, Construction and Development, Blockchain and Commercial Brokerage. The top three finalists for each category were invited to showcase their idea during Demo Day to real estate and tech industry investors and compete for the top spot.
In the Operations and Maintenance category, a new tool from Prescriptive Data called Seeing Green took first place. The idea was a collection of apps that encourage tenants and building owners to live more green. Seeing Green sends tenants recommendations on how to reduce energy usage, helps tenants book meeting rooms that use the least amount of watts per s/f, and can pre-heat or pre-cool rooms according to booking schedules...