London was founded by the Romans who searched for the shortest and best crossing of the Thames River. That may have been how London started, but not how it ended up. London grew by the energy and lives invested into it. And that growth was a much an idea about London as urban society as the streets, buildings, parks and neighborhoods that comprise its physical landscape.
Real estate is one of the greatest/worst businesses in human history because it draws its value simultaneously from both physical space and the cognitive place people build. Currently, we are in the midst of a renegotiation of the value of real estate as technology alters how we navigate physical urban space with quasi-autonomous vehicles, or feed ourselves via urban agriculture. These capabilities transform the way that people invest their energy and identity into a location to turn it into a place.
To understand better how this renegotiation is changing commercial real estate, we spoke with Edward Shenderovich, a co-founder of Knotel. Based in New York City, Knotel is re-thinking commercial real-estate from the point-of-view of making it as accessible and on-demand as many of the other technology-based urban services (ex. Uber) that people are integrating into their lives.