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PropTech, education reform in New York City, and motivating innovation…
Ryan Baxter, making NYC’s built environment more educational, Founder/Chairman of PASSNYC, Real Estate Liaison for MetaProp NYC, and Co-founder of PropTech Challenge, and former Vice President of REBNY, joins Tom Kutzman in the MouthMedia Network studio powered by Sennheiser. Presented by Prevu.
In this episode:
- Real estate tech/prop tech
- Baxter‘s unique path to prop tech, how he started in a trade association, Real Estate Board of NY
- His undying love for NYC, looking for way to work around that, loved lobbying as a concept
- The opportunity to make lots of impact
- How the Association is older than NYC, serves more than 17,000 members across real estate professions
- How Baxter started a regulatory effort on changing how ConEd treats power plants within buildings, taught him a lot about how NYC interacts with and treats tech
- Aaron Block, a founder of PropNYC, knocked on door asking for help, saw them as distribution platform
- How his work allows outcome beyond pursuit of wealth
- Bing Co-Founder of Protech challenge, started last year grew to over 100 people from 47 companies,
- Moving from personally-participated to virtually to impact many more people, to spur innovation, increase diversity, and create opportunities around the world
- An augmented reality tool to overlay real time building information, helpful for engineers to know what a particular system’s flow of info in real time
- A lack of agility and responsiveness in real estate is going changing
- The need to understand that there are only five value propositions
- A limitless opportunity for the human imagination
- A $230 Trillion and growing opportunity worldwide
- Developers should lean into PropTech
- Why PropTech is years behind FinTech, yet broader than any other tech vertical we’ve seen
- Is PropTech only one part of it, and a low hanging fruit, and limiting lens?
- MetaProp
- Starting with community building approach as a new fund
- Why learning the language across the industry is crucial
- Promoting better educational access and equity using community organizing and coalition tactics
- Why the tip of PropTech spear should be public schools, and how they can design the future
- Enabling schools to be specialized, motivating participation and resource provision, and working toward continual desegregation
- The debate on why specialized schools have value
- The Empire State Building, Jay-Z, and a great restaurant