Check out Nicholas Rizz’s latest piece in the Commercial Observer.
But even if they do manage to catch up, there’s plenty of reasons experts think New York will remain at the top of the proptech scene.
“There’s an ecosystem here to support a proptech company that doesn’t exist anywhere else,” Cherre’s Salmanson said, adding he thinks the city would be a proptech mecca even without the open data.
The city already had a robust real estate market, with most of the major players either entirely based in New York City or having a major presence.”