Ask anyone who runs a building in Brooklyn what eats the most time and the answer is almost always the same. Tenant questions. Maintenance requests. Rent reminders. None of it is complicated work but there's a lot of it and it never really stops. That's exactly the gap AI chatbots have started filling. 593 Park Place MGMT Inc, an affordable housing property management firm based in Brooklyn, now uses AI chatbots to handle the repetitive stuff — logging maintenance tickets, sending rent reminders, answering the same five questions that come in every single week. And because those bots are runn

Brooklyn is doing something that shouldn't really be possible at the same time. Prices are hitting record highs. Lending is tighter than it's been in years. And somehow neither one is cancelling the other out. Signed contracts jumped 15 percent year over year in Q2 2026 — the strongest annual gain the borough has seen in four years. Homes are moving in 72 days on average. Median prices climbed 11 percent to new highs, price per square foot hit a record $1,185. Not a market cooling off. A borough pushing through resistance and still coming out ahead, and investors watching this closely have st

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It's easy for a developer to say a project is about community and mean nothing specific by it. The more useful question is what that actually translates to in how buildings get designed and run. For 21B Group, the stated priorities include designing spaces that bring residents together in shared, comfortable areas rather than purely maximising private square footage, and treating open communication with tenants and partners as a core part of how the business operates, not an afterthought. That's a meaningfully different design brief than a purely investment-driven building, where amenity spac

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Every real estate cycle has a sector that outperforms expectations because it wasn't the obvious bet going in. Over the past several years, self-storage has quietly filled that role — and the recent multi-state expansion by developers like Bineth Group is a good illustration of why. Most commercial real estate categories are tied closely to a specific economic driver: office space depends on employment trends and workplace policy, retail depends on consumer spending patterns, and hospitality depends on travel demand. Self-storage's demand drivers are more varied and, importantly, less tied to

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