Innovative proptech program aims to improve quality of life and address sustainability
The City of New York has partnered with JLL Technologies (JLLT) to launch an innovative Proptech Piloting Program for city-owned and -managed assets. JLLT will help identify proptech startups that are interested in working with New York City Economic Development Corporation (NYCEDC), Department of Citywide Administrative Services (DCAS), and New York City Housing Authority (NYCHA) to both improve quality of life for tenants and address building sustainability.
“We have chosen JLL Technologies as our partner to help address the city’s unique needs because of their deep knowledge of the proptech sector, a steadfast commitment to sustainability, and an alignment to the program’s goals,” said NYCEDC President and CEO Rachel Loeb. “This program will go a long way toward rethinking how proptech is used and pave the way for technology to help bridge the digital divide.”
The program’s goal is to deliver world-class proptech solutions that address the most pressing needs of the city’s tenants and properties by bringing the benefits of proptech to underinvested buildings and underserved communities and driving more equitable access to technology. It will also give proptech startups the opportunity to:
- Scale their technologies in a dynamic environment
- Work closely with JLLT and the City of New York to identify pilot sites to deploy their technologies
- Showcase their potential to investors, customers, and end users
JLLT will offer recommendations for startups whose technologies and innovations can be piloted in live environments. The right proptech solutions can reduce energy use and emissions, bolster safety systems, increase access to high-speed internet, improve the quality of life for building tenants, and streamline how properties are managed.
“JLLT is proud to collaborate with NYCEDC, NYCHA, and DCAS to find and deliver world-class proptech solutions that address the most pressing needs of the City’s tenants and properties,” said Yishai Lerner, co-CEO of JLLT. “We are excited that this program will help spur technology innovation in the sector and serve as a model for other cities as they strive to improve well-being, sustainability, and more.”