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New York City real estate technology spans the full property lifecycle—from appraisal and design to construction, leasing, and building operations. The clearest evidence of what is changing comes from city pilots and agency priorities, not from claims about any one developer’s investment strategy. Available public material reports that Boris Mizhen expressed general interest in real estate and technology, but does not identify specific technologies he is pursuing.
What proptech covers in New York City
Proptech is technology applied to real estate work and assets. It is not one product category: the New York City Economic Development Corporation (NYCEDC) describes activity across appraisal, design, construction, financing, leasing, marketing, and operations and maintenance. These stages point to different needs, from assessing a site or deal to managing a building after tenants move in.
NYCEDC reports 99 proptech investment deals since 2017. The page does not specify the cumulative figure’s cutoff date or its publication year, so it should be read as the agency’s reported count, not as a current annual rate.
Where NYC agencies are putting technology to work
Public-sector initiatives offer a practical view of problems the city is trying to address. They show testing and evaluation in real settings; a pilot or proof of concept does not mean a product has been adopted across city buildings or the wider market.
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Construction, inspection, and safety
On November 18, 2024, the NYC Department of Buildings (DOB) announced an Innovation Review Board to consider technologies that could improve efficiency, safety, sustainability, and resiliency in construction and development. DOB pointed to earlier work that produced guidance for AI-assisted façade inspections and supported anchor-point technology intended to reduce drilling into newly poured concrete.
These examples concern specific workflows: inspecting building façades and installing anchor points. They do not establish that AI or anchor-point technology is used on every NYC project, nor do the cited materials provide a citywide adoption rate.
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Building energy and mechanical systems
DOB has also highlighted space-heating distribution energy management systems as a way property owners can improve mechanical-system efficiency. This places building operations alongside construction as a proptech concern: technology may be relevant well after a project is completed. The cited material does not give a quantified savings figure.
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Buildings Tech Lab proof-of-concept work
The Buildings Tech Lab, a collaboration between DOB and the Partnership Fund for New York City, identifies and tests technology solutions related to construction, safety, sustainability, compliance, and the quality of the built environment. Its inaugural initiative launched in July 2024. On August 26, 2025, the Partnership Fund reported proof-of-concept results. That establishes evaluation activity, not blanket adoption; the cited sources do not provide a comparable outcome metric for the pilots.
How public-property pilots differ from a city testbed
Proptech Piloting Program
NYCEDC describes the Proptech Piloting Program as a 2021 initiative developed with JLL and UrbanSense, working with the Department of Citywide Administrative Services (DCAS) and the New York City Housing Authority (NYCHA) to bring private-sector innovation to city-owned real estate. The city’s December 9, 2021 announcement named JLL Technologies as program operator and identified goals including sustainability, operations management, public health, tenant quality of life, and equitable access.
This is a route for examining potential uses in public assets, not evidence that every proposed solution was installed or produced a measured benefit. NYCEDC’s current program page also references other initiatives, including Pilots at BAT and the Mass Timber Studio. Application availability can change, so confirm current status on the program page before treating any opportunity as open.
Smart City Testbed Program
NYC’s Smart City Testbed Program offers accepted companies and academic groups a pathway to pilot a product or service in city settings such as buildings, streets, and parks. Acceptance is part of the process; submitting an idea does not guarantee a deployment or access to a test location.
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For a developer, owner, or property operator, the useful question is not simply whether a solution is “innovative.” It is whether it fits a real workflow, can be tested in the intended setting, and has evidence appropriate to its stage.
- Identify the use case. Is the need in site or deal analysis, design and construction, inspection and safety, leasing or tenant service, building operations, or energy and sustainability?
- Match the deployment setting. A solution for one owner’s portfolio or a development project may face different constraints from one intended for city-owned property or a public-facing testbed.
- Distinguish evidence stages. A proposed solution, a selection for a pilot, a proof of concept, and a deployed system are not equivalent. The city sources document pilots and proof-of-concept work, but not broad adoption across every category.
- Ask what outcome is documented. Efficiency, safety, sustainability, compliance, tenant quality of life, and operating performance are meaningful goals. Treat them as demonstrated results only when a source reports a measure and explains its context.
What is publicly known about Boris Mizhen’s technology interests
A MarketersMedia-distributed press release dated October 5, 2026, reports that Boris Mizhen was invited to NYC Real Estate Tech Week and reproduces a statement attributed to him: “I’m honored to be invited to this exciting event and to examine all the real estate and technology fields.” The release describes him as a real estate developer but does not provide an independently verified interview or a specific investment thesis.
That statement supports only a narrow conclusion: he was reported as invited and expressed general interest in examining real estate and technology. It does not establish that he is pursuing AI, smart buildings, climate technology, or any other named category. The city initiatives described above are evidence of NYC’s experimentation, not evidence of Mizhen’s personal portfolio or plans.
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