MARKET OUTLOOK, REAL ESTATE INVESTMENT
PRnewswire | April 04, 2023
Tishman Speyer today announced that The Spiral, its recently-completed West Midtown office tower, has won the 2023 CoStar Impact Award for best commercial development in the New York City region.
The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2022 with significant influence in neighborhoods across 128 major markets in the United States, Canada and the United Kingdom.
Designed by BIG-Bjarke Ingels Group, The Spiral rises to 1,031 feet and features a cascading series of landscaped terraces and hanging gardens as its signature element. The terraces ascend one per floor in a spiraling motion to create a unique, continuous green pathway that wraps around the façade of the tower, supplying its occupants with readily accessible fresh air and outdoor space.
"Since day one, Tishman Speyer has been focused on making The Spiral the world's most innovative, collaborative and human-centric office environment," said Tishman Speyer Senior Managing Director and Regional Director of New York Chris Shehadeh. "This recognition by CoStar serves as both a validation of our efforts and a testament to the hard work and ingenuity of everyone involved in this project."
The Spiral, which is pursuing LEED Gold certification, prioritizes people first through its biophilic design and intense focus on health, wellness and sustainability. Tishman Speyer's forward-looking approach has helped attract a number of the world's most diverse and innovative companies to The Spiral, including industry leaders Pfizer, Debevoise & Plimpton, HSBC, AllianceBernstein, Baker Tilly, NewYork-Presbyterian, SEB and Turner Construction.
On the top floor of the 66-story tower, Tishman Speyer has created ZO Clubhouse, a premier amenity center and lounge that is available to all customers in the tower. The Clubhouse features an open-air terrace, panoramic views of New York City, a beautifully furnished lounge, food and beverage service, and multiple spaces for meetings, conferences and events. The Spiral also features Studio, Tishman Speyer's flexible workspace solution, with a full suite of furnished, on-demand availability offerings, including coworking spaces, private suites, conference rooms and hot desk space along with high-speed Wi-Fi, conferencing technology and a dedicated staff.
Tishman Speyer is also partnering with award-winning chefs and restaurateurs on three culinary destinations at the base of the 2.8 million square-foot tower. The firm is working with Chef Gabriel Kreuther on a 5,700-square-foot full-service restaurant, as well as an all-day café serving breakfast and lunch, and featuring small plates and specialty wine and cocktails in the evening. Tishman Speyer is also collaborating with Erik Ramirez and Juan Correa, the team behind Llama San and Llama Inn, on a 6,000 square-foot restaurant showcasing Peruvian-Japanese cuisine. The Llama team is also operating the food & beverage program for the ZO. Clubhouse.
Located at the intersection of the High Line and the four-acre Bella Abzug Park, The Spiral encompasses an entire city block stretching from West 34th to West 35th Streets and from 10th Avenue to the park. The six-story base of the building incorporates a grand lobby featuring thought-provoking art by a variety of partners. StudioDrift has created a mesmerizing upside-down landscape consisting of kinetic mechanical flowers that gracefully open and close in synchronized motion. Meanwhile, Sourabh Gupta's Botanicals create the illusion of garden ponds, with lush vegetation growing at the edges.
About Tishman Speyer
Tishman Speyer is a leading owner, developer, operator and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia and Latin America. Our portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. With global vision, on-the-ground expertise and a personalized approach, we are unparalleled in our ability to foster innovation, quickly adapt to global and local trends and proactively anticipate our customers' evolving needs. By focusing on health and wellness, enlightened placemaking and customer-focused initiatives such as our tenant amenities platform, ZO, and our flexible space and co-working brand, Studio, we tend not just to our physical buildings, but to the people who inhabit them on a daily basis. Since our inception in 1978, Tishman Speyer has acquired, developed, and operated 531 properties, totaling 221 million square feet, with a combined value of approximately $130 billion (U.S.). Our current portfolio includes such iconic assets as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt and the Mission Rock neighborhood currently being realized in San Francisco.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
PRnewswire | April 19, 2023
Pay Ready, multifamily's leading post-resident payment technology, announces their software has streamlined property management operations and enhanced resident experiences for Western Wealth Communities, Phoenix, Arizona.
Western Wealth Communities (WWC) has always focused on excellence in every aspect of its operations, and with the addition of Pay Ready's predictive analytics and automated outreach, the company has changed the way it operates across the portfolio since 2020. The cloud-based software has allowed WWC to effortlessly manage and track all post-resident activity. This includes streamlining the post-resident move-out process, which has reduced administrative burden and provides their onsite teams with more time to focus on the daily operations and resident needs.
"We have been thrilled with the partnership, it has taken our property management operations to the next level," says Jennifer Staciokas, President, at Western Wealth Communities. "The efficiencies of having this centralized platform have allowed our onsite teams to provide a better service to our residents and have produced new opportunities for our teams to succeed and grow. Having the insight into our recovery efforts along with the significant lift in recovery payments truly aligns with our core value of striving for excellence at every point," further states Staciokas.
"We were excited when we had the opportunity to partner with Western Wealth Communities in 2020 and I could not be more proud of our organization and the operational impact that has been made. Our centralized platform not only provides a robust solution for the owners and operators but also for the resident. Pay Ready's post-resident technology is truly a solution that continues to improve Western's overall operational efficiencies and drive their business forward," states Lynn Musil, Pay Ready's Chief Executive Officer.
About Western Wealth Communities
WWC has developed a proven system for investing in multifamily properties in key real estate markets across the U.S. WWC offers investment partners the opportunity to invest in properties with substantial value-add opportunities. Since its inception, WWC has successfully completed more than $6 billion in real estate transactions representing more than 27,000 total units. WWC's vision is to build wealth for its investment partners with industry-leading returns. A people-first approach promotes excellence at every point; with highly efficient operations and a true commitment to our communities. For more information, please visit westernwealthcommunities.com
About Pay Ready
Since 2016, Pay Ready's innovative post-resident payment technology has revolutionized the way owners, operators, and residents engage with post-resident account receivables. Pay Ready has formed major partnerships nationwide in 3 million multifamily units with over $1 billion in serviced receivables. Pay Ready outperforms traditional post-resident payment processes and aids in brand protection. Pay Ready's advanced technology has empowered property owners and operators to focus on revenue generation and growth while leaving the arduous process of debt management to Pay Ready. For more information. Please visit payready.com.
REAL ESTATE TECHNOLOGY, INVESTMENTS
PRnewswire | March 24, 2023
ATTOM, a leading curator of land, property, and real estate data, has announced the launch of Property Navigator, an easy-to-use solution offering instant nationwide access with a wide array of search capabilities and detailed property information for residential and commercial properties.
Property Navigator offers quick access to property information, market analysis, comparables, and more for over 155 million properties nationwide. The solution serves real estate agents, investors, appraisers, and enterprise organizations. Customers can get started with Property Navigator in minutes and access over 300 data points and presentation-ready property reports. With the solution, customers save time and make informed data-driven decisions.
"As our data footprint continues to expand, so do our data solutions, in order to meet the challenges and opportunities in today's market, while continuing our mission of increasing real estate transparency," said Todd Teta, chief technology and product officer at ATTOM. "Our Property Navigator solution offers convenient access to our vast data warehouse, providing valuable insights for today's market challenges and opportunities while increasing real estate transparency."
Our scaled plans and pricing selection lets you choose the best option that is right for you and your business. All plans come with full access to nationwide property & comparable data with powerful search and filtering capabilities.
With Property Navigator:
Search and find properties with a variety of criteria – occupancy, equity, default status, lender, etc.
Map search by neighborhood, school district, or custom-drawn areas for micro-accuracy.
Access ownership information along with contact details and phone numbers.
Find off-market and distressed properties.
Download presentation ready property reports with detailed list exports.
Determine property value based on multiple AVMs and other analytical tools.
Property Navigator supports a range of industries, whether researching a particular property or multiple properties that fit certain conditions, in an all-in-one easy-to-use subscription, featuring an array of details that help real estate professionals, brokerages, investors, appraisers, and more gain that competitive edge.
ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 30TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property navigator and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.