The Next CRE Revolution
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Derhake: “The risk that’s hard to understand is obsolescence, but driverless cars are ready.”
NEW YORK CITY—After declaring that the city is in the “the golden age of real estate,” ALM Real Estate Media VP and group publisher Michael Desiato kicked off RealShare New York, adding, “I never thought I’d be saying that after what we went through.”
As the industry braces itself for the next sea change, Joe Derhake, president, Partner Engineering and Science, aGlobeSt.com Thought Leader, discussed the big potential impact on commercial real estate of a new type of transportation.
“Driverless cars are going to be a larger disruption to commercial real estate than the Internet,” he forecasted. “The car is more primary to the industry.”
The vehicles could mark an end to car ownership natiowide as users could be picked up with the touch of a button, Derhake explained…
