property owner
GAEA: Experiences and Lessons Learned from a Country-Scale Environmental Digital Twin
Kamilaris, Andreas, Padubidri, Chirag, Jamil, Asfa, Amin, Arslan, Kalita, Indrajit, Harti, Jyoti, Karatsiolis, Savvas, Guley, Aytac
This paper describes the experiences and lessons learned after the deployment of a country-scale environmental digital twin on the island of Cyprus for three years. This digital twin, called GAEA, contains 27 environmental geospatial services and is suitable for urban planners, policymakers, farmers, property owners, real-estate and forestry professionals, as well as insurance companies and banks that have properties in their portfolio. This paper demonstrates the power, potential, current and future challenges of geospatial analytics and environmental digital twins on a large scale.
- North America > Mexico (0.04)
- Europe > Middle East > Cyprus > Nicosia > Nicosia (0.04)
- Europe > Middle East > Cyprus > Limassol > Limassol (0.04)
- (2 more...)
- Banking & Finance > Real Estate (1.00)
- Transportation > Ground > Road (0.69)
Mark Zuckerberg Opened an Illegal School at His Palo Alto Compound. His Neighbors Revolted
Neighbors complained about noise, security guards, and hordes of traffic. An unlicensed school named after the Zuckerbergs' pet chicken tipped them over the edge. The Crescent Park neighborhood of Palo Alto, California, has some of the best real estate in the country, with a charming hodgepodge of homes ranging in style from Tudor revival to modern farmhouse and contemporary Mediterranean. It also has a gigantic compound that is home to Mark Zuckerberg, his wife Priscilla Chan, and their daughters Maxima, August, and Aurelia. Their land has expanded to include 11 previously separate properties, five of which are connected by at least one property line. The Zuckerberg compound's expansion first became a concern for Crescent Park neighbours as early as 2016, due to fears that his purchases were driving up the market. Then, about five years later, neighbors noticed that a school appeared to be operating out of the Zuckerberg compound. This would be illegal under the area's residential zoning code without a permit.
- North America > United States > California > Santa Clara County > Palo Alto (0.64)
- North America > United States > California > San Francisco County > San Francisco (0.05)
- North America > United States > Texas > Cameron County > Brownsville (0.04)
- (4 more...)
- Law (1.00)
- Information Technology > Services (1.00)
- Government (1.00)
- (2 more...)
NY Real Estate Racial Equity Analysis via Applied Machine Learning
Chalavadi, Sanjana, Pastor, Andrei, Leitch, Terry
This study analyzes tract-level real estate ownership patterns in New York State (NYS) and New York City (NYC) to uncover racial disparities. We use an advanced race/ethnicity imputation model (LSTM+Geo with XGBoost filtering, validated at 89.2% accuracy) to compare the predicted racial composition of property owners to the resident population from census data. We examine both a Full Model (statewide) and a Name-Only LSTM Model (NYC) to assess how incorporating geospatial context affects our predictions and disparity estimates. The results reveal significant inequities: White individuals hold a disproportionate share of properties and property value relative to their population, while Black, Hispanic, and Asian communities are underrepresented as property owners. These disparities are most pronounced in minority-majority neighborhoods, where ownership is predominantly White despite a predominantly non-White population. Corporate ownership (LLCs, trusts, etc.) exacerbates these gaps by reducing owner-occupied opportunities in urban minority communities. We provide a breakdown of ownership vs. population by race for majority-White, -Black, -Hispanic, and -Asian tracts, identify those with extreme ownership disparities, and compare patterns in urban, suburban, and rural contexts. The findings underscore persistent racial inequity in property ownership, reflecting broader historical and socio-economic forces, and highlight the importance of data-driven approaches to address these issues.
- North America > United States > New York > Bronx County > New York City (0.04)
- North America > United States > Illinois > Cook County > Chicago (0.04)
- North America > United States > North Carolina > Orange County > Chapel Hill (0.04)
- (2 more...)
AI is coming soon to speed up sluggish permitting for fire rebuilds, officials say.
When survivors from January's wildfires in Los Angeles County apply to rebuild their homes, their first interaction might be with a robot. Artificial intelligence will aid city and county building officials in reviewing permit requests, an effort to speed up a process already being criticized as too slow. "The current pace of issuing permits locally is not meeting the magnitude of the challenge we face," Gov. Gavin Newsom said when announcing the AI deal in late April. Some 13,000 homes were lost or severely damaged in the Eaton and Palisades fires, and many families are eager to return as fast as they can. Just eight days after the fire began and while it was still burning, the city received its first home rebuilding application in Pacific Palisades.
- North America > United States > California > Los Angeles County > Los Angeles (0.06)
- Oceania > Australia (0.05)
- North America > United States > Texas > Travis County > Austin (0.05)
- North America > Canada (0.05)
Pilot program offers Long Beach homeowners up to 250,000 in low-interest loans to build ADUs
Things to Do in L.A. Tap to enable a layout that focuses on the article. Long Beach's Backyard Builders Program uses one-time funding that will provide as many as 10 homeowners low-to zero-interest loans of up to $250,000 to build Accessory Dwelling Units, or ADUs, on their lots. Eager to boost the supply of affordable housing, city officials in Long Beach devised a program that could help a limited number of homeowners build an extra unit on their land. But before they could launch it, they had to decide what to call it. "We've been playing with a name for a while," Mayor Rex Richardson said, noting that a news release touting the program had been delayed days because of christening purposes.
- North America > United States > California > Los Angeles County > Los Angeles (0.06)
- North America > United States > Oklahoma (0.04)
- North America > United States > New York (0.04)
- (7 more...)
- Law Enforcement & Public Safety > Crime Prevention & Enforcement (1.00)
- Government (1.00)
- Banking & Finance > Real Estate (1.00)
- Media > News (0.89)
Texas teen rescued from suspected trafficker's NC shed may have met him through video game
Jorge Ivan Santos Camacho, 34, is accused of grooming the teen online, driving down to Dallas to pick her up and abducting her to Lexington, where he allegedly sexually assaulted her and kept her locked in a shed where he was living. The North Carolina man accused of trafficking a Texas girl across the country and locking her in a shed may have met her through online video games, early missing person flyers show. Jorge Ivan Santos Camacho is charged with a slew of child sex crimes, including statutory rape and human trafficking, for allegedly taking the girl from her home in Dallas 1,000 miles away, to Lexington, North Carolina, where deputies found her locked in an outbuilding that he was living in, according to court documents. A missing person flyer circulating on March 4 said the girl had last been seen the evening of March 1, leaving her family's apartment wearing a hat with an image from the TV-MA-rated Japanese anime series "Demon Slayer." "She was engaged in gaming, and the family reported a suspicious message in the gaming account," the post reads.
- North America > United States > North Carolina > Davidson County > Lexington (0.39)
- North America > United States > Texas > Tarrant County > Fort Worth (0.05)
- North America > United States > Texas > Dallas County > Dallas (0.05)
- Law Enforcement & Public Safety > Crime Prevention & Enforcement (1.00)
- Law (1.00)
- Leisure & Entertainment > Games > Computer Games (0.61)
US company 3D-prints luxury homes starting from $100,000
A US technology company is 3D-printing futuristic holiday homes starting from $100,000 (£75,000) that fit in a back garden. Mighty Buildings, based in Oakland, California, says it can manufacture a 350 square-foot studio unit in less than 24 hours, providing owners a peaceful hideaway or a holiday cabin to accommodate guests. The firm is offering a variety of units on its website, ranging from a dinky studio to a luxury family home, which are printed with liquid synthetic stone that hardens almost instantly. The buildings are constructed at the company's facilities, transported to the customer's property on a truck and placed in a back garden with a massive crane. Units could also be leased out by property owners to help tackle the housing crisis, or big companies could also buy them to house employees while they're looking for something more long-term.
- North America > United States > California > Alameda County > Oakland (0.25)
- North America > United States > Tennessee (0.05)
- North America > United States > Massachusetts (0.05)
- (2 more...)
- Health & Medicine (0.72)
- Government (0.71)
- Leisure & Entertainment > Sports (0.70)
- (3 more...)
How Machine Learning can Keep Real Estate Out of the Data Abyss Propmodo
For at least a decade, big data has gone from buzz word to everyday vernacular. But in most corners of the commercial real estate industry, claims of big data usage have been little more than a marketing gimmick. This isn't because of the lack of data to work with. The sheer quantity of data commercial property owners and operators have at their fingertips is growing daily. The problem is that only a small subset of this data is utilized.
Broadband in the 5G Era: Why Multifamily Housing Properties are Adopting Communitywide Networks
The rules of the multifamily business are being rewritten as the era of digital disruption reinvents the way people live and work. Cord cutting, endless Amazon shipments, work-from-home careers and smart thermostats are just the beginning. Communities soon will rely on artificial intelligence – "Siri, lock the door" – the internet of things (IoT), cloud computing and more to secure and retain residents. And property developers, owners and managers that want to compete and grow need to embrace this digital age. Internet connectivity, once considered an amenity, is now a utility.
- Information Technology > Internet of Things (1.00)
- Information Technology > Artificial Intelligence (0.76)
- Information Technology > Communications > Networks (0.51)
Futuristic offices with AI 'brains' could soon make the workplace more comfortable
Employees will not need a key to get into the office of the future when it opens in Berlin this year, featuring ample meeting space, plenty of copy machines always stocked with paper along with high-quality air processed to maximize worker health and minimize sick time. Their smartphones will help guide them around their new workplace -- and they may need the assistance because they will not have permanent desks. With technology changing how and where we work, property developers are tapping artificial intelligence to create more sustainable workplaces to help staff work more efficiently and comfortably. Employees will not need a key to get into the office of the future when it opens in Berlin this year. Fierce competition for talent is turbo-charging the trend in Berlin.
- Europe > Germany > Berlin (0.32)
- Europe > Netherlands > North Holland > Amsterdam (0.05)