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Major Players Keep Feeding Web Ventures to Streamline Operations and Management

NEW YORK CITY-Several New York based companies have backed the creation of new Web-based ventures.

By Amy Vaughn | Updated on September 20, 2000

NEW YORK CITY-FacilitiesWork and Workspeed are two late-breaking examples of new companies being backed by major New York real estate services firms. These companies reflect a growing trend in the marketplace to turn to technology to streamline various building management operations.

Cushman & Wakefield has invested with Zeborg to create FacilitiesWork. “FacilitiesWork reduces the amount of each check written to vendors,” Robert Vokes, head of strategic alliances for Zeborg, tells GlobeSt.com. “We act as buying agents, working very closely with the buyer, going out on behalf of the company to renegotiate vendor contracts for services.

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