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At #REBNYTech Hackathon, Engineers Build Solutions to Real Estate Challenges
October 17, 2017
A total of 17 teams competed and presented proposals for new PropTech hacks at the Real Estate Board of New York’s (REBNY) first #REBNYTech Hackathon—hosted by its REBNYTech Committee and sponsored by Real Capital Analytics, RealConnex, and Samsung Internet—over three days during #NYCRETechWeek.
cre.tech: At REBNY Hackathon, Engineers Build Solutions to Real Estate Challenges
Earlier this year, The Real Estate Board of New York (REBNY) launched the REBNYTech Committee, whose stated mission is to ensure that New York City remains the leading edge of the global PropTech ecosystem. To further that goal, the organization just hosted their first PropTech hackathon, bringing together more than 100 of the brightest minds in the property and technology industries to hack cutting edge solutions to real-world challenges faced by the world’s leading real estate companies.
The hackathon, part of NYC Real Estate Tech Week, took place at Grand Central Tech — an incubator that provides office space and other resources to startups. Hackathon participants were allowed to compete individually or as part of a team of up to five people and were provided access to APIs and datasets from REBNY and other sources. The teams worked across six challenge categories—AEC (Architecture, Engineering, Construction), Brokerage, Cybersecurity, Geospatial Intelligence, Sustainable Maintenance and Operations, and Open Hack—to compete for a total of $75,000 in cash and prizes...
Inman: Augmented Reality and drones win NY real estate hackathon
Dozens of innovators in technology and real estate spent last weekend in a fourth-floor midtown Manhattan tech incubator to devise creative ways to tackle some of the biggest problems plaguing the real estate industry.
The Real Estate Board of New York’s (REBNY) 2017 hackathon, taking place at Grand Central Tech — a tech breeding place that provides office space, resources and educational opportunities to startups at a cost — tasked 16 groups with solving issues related to building and renting housing in New York City and nationwide. Teams were given access to APIs (application programming interfaces) and datasets from REBNY and their partners.
The results were projects that ran the gamut from digitizing the antiquated lease signing process, to scanning buildings with a combination of robots and drones; and even making it easier to text building maintenance if you or a guest clog the toilet...
Forbes: The Real Estate Board of New York Launches the Biggest Real Estate Hackathon To Date
Traditional real estate organizations can no longer ignore this wave of innovation and most of them are joining in with new investments, partnerships and acquisitions. The Real Estate Board of New York (REBNY), a trade association for the real estate industry, which was formed in 1896 to "facilitate transactions in real estate” and represent its members in public and industry policies, makes a good example of a traditional player who made a strategic decision to become the disruptor, not the disrupted.
Earlier this year, REBNY launched the REBNYTech Committee, whose mission is to ensure that New York City remains the leading edge of the global proptech ecosystem. By gathering leading investors, executives, and principals within REBNY membership on the premise of pursuing proptech together, the REBNYTech Committee was established to create a pipeline that will help solve the industry’s largest needs through innovation and collaboration.