The PropTech Challenge was born out of the inaugural REBNY Tech Hackathon, part of New York Real Estate Tech Week 2017. The REBNY Tech Hackathon was launched over a 3-day period, bringing together some of the brightest minds in real estate and technology. The objective of the hackathon was to inspire cutting edge solutions solving real-world challenges faced by today’s leading real estate companies. Building upon the hackathon’s success, PropTech Challenge aims to remove the geographical boundaries and time constraints commonly imposed through on-site hackathons. The Challenge leverages the wealth of technology talent in New York City and beyond, aiming to be the world’s leading virtual real estate hackathon series. As we cultivate partnerships around the world, the series aims to drive innovation focusing on the needs of New York City’s real estate market.
In 2018, REBNY’s PropTech Challenge was a global success where participants from over 12 countries were awarded a grand total of $50,000 in cash and prizes across four challenge categories. Winners have the unique ability to connect developers with venture capital firms and key real estate decision0makers, including C-Level executives, from REBNY’s Technology Committee.
In 2019, REBNY’s PropTech Challenge was truly global as we joined forces with the MIPIM Startup Competition. Demo Day was held at MIPIM PropTech, a collaboration between MIPIM and MetaProp NYC. Category finalists were awarded a grand total of $50,000 in cash and prizes across four challenge categories, with winners entered into the MIPIM Startup Competition.
In 2020, the Challenge partners with Connected Real Estate Magazine’s Connected Virtual Event. Our virtual format will add Showcase and Round Table elements to our Demo Day event. This year’s PropTech Challenge focuses on helping owners and managers get tenants back into our buildings safely and securely. We’ll be raising awareness of some exciting PropTech uncovered by the REBNY Technology Committee as we reimagine operations, leasing, and development in an ever-changing world.
PropTech Challenge was conceptualized by Sandy Jacolow, Duke Long, and Ryan J. S. Baxter. Digital Marketing assistance provided by Alicia Jacolow. The Real Estate Board of New York (REBNY) is the PropTech Challenge Founding Partner.
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