News: Owners Developers & Managers

BOMA New York launches Proptech Committee

New York, NY BOMA, the city’s most influential commercial real estate trade organization, has launched a Proptech Committee. Comprising of a notable blend of experienced CRE executives, the new committee boasts a total of twenty members. The Proptech Committee’s mission is to keep the CRE community informed on industry trends and new proptech concepts, as well as produce events for members to cultivate relationships within the growing sector.

BOMA New York executive director Lori Raphael, said, “With a holistic focus on property management, the Proptech Committee will dive into operational topics that include carbon neutrality, clean energy, indoor air quality, safety, communications, tenant access, building management systems, and automation tools.”

The proptech events will complement a robust BOMA New York calendar; already filled with industry seminars, continued education courses, building tours, and wellness programs. The Proptech Committee will curate talent, topics, and information to produce seminars and an annual proptech expose.

Israel Yanez, assistant property manager of One World Trade Center for The Durst Organization, and Nicholas Mather, property manager of 5 Times Sq. for RXR, co-chair the BOMA NY Proptech Committee. Mather said, “Technology surrounds our everyday activities and perpetually grows with a multitude of options.  The Proptech Committee will absorb, analyze, and share information with the CRE community, as well as highlight operational solutions that are both efficient and cost effective.” Yanez said, “The BOMA New York Proptech Expose will provide real time case studies on how to implement new solutions into current building systems, as well as educate how those solutions could also impact the bottom line.”

The Proptech Committee’s first event will highlight cellular solutions for office buildings, with a focus on the shift in financial responsibility for distributed antenna systems (DAS). As of the 5G rollout in 2019, large providers, such as Verizon and AT&T, stopped paying for the required cellular infrastructure in buildings, placing the financial responsibility on building owners. The unique proptech seminar, scheduled for November 30th, will get into the nuts and bolts of DAS and what this pivot means to owners, their buildings, and their tenants.

Matt Duthie, chair of BOMA New York said, “The new Proptech Committee roster is a dream team of operational professionals. I’m confident that the proptech seminars will go beyond the surface of a trend and look forward to learning alongside my industry peers.”

MORE FROM Owners Developers & Managers

New York State Homes and Community Renewal finish $32 million affordable development

Union, NY New York State Homes and Community Renewal commissioner RuthAnne Visnauskas have completed the Homesteads on Grand, a $32 million, 72-unit mixed-use affordable and supportive development in Johnson City, Broome County.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by  Ron Cohen

NYC's Community Opportunity to Purchase Act is back - and multifamily owners should pay attention - by Ron Cohen

New York City’s Community Opportunity to Purchase Act (COPA) is back, and this latest version could have a much better chance of becoming law. The proposal would give qualified nonprofit organizations
New York City’s historic rent freeze now rests with the courts - by Ron Cohen

New York City’s historic rent freeze now rests with the courts - by Ron Cohen

New York City’s first-ever two-year rent freeze is now in the hands of a state Supreme Court judge, and the decision could reset income for owners of roughly one million rent-stabilized apartments housing some 2.4 million residents.
Don’t leave severance damages behind - by Sebastian Jablonski

Don’t leave severance damages behind - by Sebastian Jablonski

When the government takes a portion of a landowner’s property, most assume just compensation stops at the value of the land taken. However, in partial takings, that is only half of the equation.
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading