030 – Ryan Baxter of PASSNYC – PropTech, Education, and Going Big

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Real Estate Is Your Business - a real estate technology podcast

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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