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October 1, 2020

Neighbors Push Back On UK Developer's Attempt To Build Housing On Beacon Street

Opposition is once again mounting to British developer Scape's plans to build housing in Boston, this time against a proposed 15-story apartment building with more than 500 units on a parking lot near Boston Children's Hospital.

Neighbors Push Back On UK Developer's Attempt To Build Housing On Beacon Street

The Boston Planning and Development Agency Wednesday extended the public comment period for Scape Boston's project on 819 Beacon St. to Oct. 16 to "allow for additional community involvement," according to a statement.  Scape filed a project…

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Facebook's Big Augmented Reality Play Could Spark New Wave Of Proptech

Facebook's Big Augmented Reality Play Could Spark New Wave Of Proptech  

Technologies that people take for granted today, such as smartphones or Google Maps, have fundamentally changed the way the real estate industry does business. The next technology that could transform the industry, multiple proptech experts say, is augmented reality glasses.

Facebook earlier this month revealed it is working on Project Aria, a research initiative intended to pave the way for augmented reality glasses. The wearable technology it ultimately aims to create would add a digital layer of information on top of the world users see before their eyes.…

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Pandemic Pushes CRE's Transition Away From Libor To Back Burner, But Worries Remain

The scheduled expiration of the London Interbank Offered Rate, or Libor, in December 2021 is approaching without much fanfare, but don't let the lack of noise surrounding it fool you, real estate experts say.

"We are about 16 months away from Libor's demise as a benchmark rate, and the various participants in the market and parties to trillions of dollars of loans and financial products that reference Libor are by and large really underprepared," Paul Hastings Head of Global Derivatives Joyce Sophia Xu told Bisnow

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Colliers Boston Hires Cushman Exec Kevin Hanna Colliers Boston Hires Cushman Exec Kevin Hanna
 
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How COVID-19 Put A Rocket Under Oxford Properties’ Plans For Change

 

LONDON — In February, Bisnow sat down with Dean Hopkins, newly installed chief operations officer of Oxford Properties, on the 29th floor of the Cheesegrater skyscraper in the City of London, to talk about how the company planned to overhaul the way it runs its business. Since then, things have changed pretty fast. And the time frame for that overhaul has accelerated faster than Hopkins could have anticipated.

“It might have taken us and our colleagues in the industry three to five years to believe in and implement that digital transformation, but it’s happening now,” he said in an interview about the impact of the coronavirus on tech adoption and changed working processes, this time on a video call from his home in Toronto. “One of the silver linings is this is the best change story imaginable.”

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