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Stock impact report

Real Estate Technology: Try, Try Again [The New York Times]

FOREST CITY ENTERPRISES (FCE.A) 
US:NYSE Investor Relations: ir.forestcity.net
Stackable apartments. Robotic valets. Infrared spas. The future has arrived, haltingly, and this time will be different. Maybe. Credit Credit Peter Bollinger Supported by By Stefanos Chen Nov. 16, 2018 Perhaps the most prescient scene in the futuristic 1960s cartoon “The Jetsons” was when George, the eager technophile, had to run as fast as he could to stay on a newfangled treadmill gone haywire. It’s an apt metaphor for some technology today, particularly in the real estate industry, which is quick to jump on the newest disruptive innovation, but often ends up with the next Bluetooth-enabled toaster instead. Is any of it really necessary? Maybe. There are real changes taking place that could have a lasting effect on housing — from land use and affordability to the fancy amenities that influence how and where we live. Some of the best tech, the kind with staying power, has been percolating for years, often after failing miserably at first. It per Show less Read more
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