As America celebrated this week its 245th year of Independence, New York City is beginning to show signs of liberation from the past year of Covid captivity. Even my landmark office skyscraper, The Empire State Building, recently loosened its pandemic mask and social distancing restrictions. Unfortunately, the bustling of Midtown suits is still far from […]
Real Estate
The PropTech Report: An Open Frontier For Hardware Entrepreneurs
Two constants have guided my professional life: venture capital and real estate. Every year, I eagerly await to see which portfolio will produce greater returns. Today, in the words of the great (fictional) New Yorker George Louis Costanza, “Worlds are colliding!” Enertiv, a New York Angels investment, keeps growing with an impressive client list of property managers and […]
A 360 Degree View Of Incubating Mechatronics
Recently, private equity giant Blackstone Group announced the acquisition of Colony Capital for $5.9 billion, a deal that encompasses 60 million square feet of warehouse space across 465 facilities. Blackstone is reported to manage now over $250 billion worth of property worldwide, and the Colony purchase comes on the heels of previous warehouse acquisitions of Singapore’s GLP […]