Commercial Real Estate Advisory Services RFP

Submission Deadline
December 1, 2017 at 4:00 pm

New York City Economic Development Corporation (NYCEDC) is seeking one or more consultant(s) to be retained to provide commercial real estate advisory services as needed in support of NYCEDC’s mission. The Consultant(s) shall, as directed from time to time during the contract term, provide services as specified and in accordance with any project assignment awarded to the consultant(s) in connection with such NYCEDC real estate assets. The scope of work includes, without limitation, valuation, brokerage, and strategic planning. During the term of the Contract, the consultant(s) shall provide and maintain a quarterly and annual summary detailing performed acquisition, disposition, leasing and marketing activity; a quarterly market conditions report in markets in which NYCEDC has assets; and various additional reports or presentations as needed for the completion of the project assignment.

NYCEDC plans to select a consultant on the basis of factors stated in the RFP which include, but are not limited to: the quality of the proposal, experience of key staff identified in the proposal, experience and quality of any subcontractors proposed, demonstrated successful experience in performing services similar to those encompassed in the RFP.

It is the policy of NYCEDC to comply with all federal, state and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (MWBEs) share in the economic opportunities generated by NYCEDC’s projects and initiatives. Please refer to the Equal Employment and Affirmative Compliance for Non-Construction Contracts Addendum in the RFP.

Respondents may submit questions and/or request clarifications from NYCEDC no later than 5:00pm on November 10, 2017. Questions regarding the subject matter of this RFP should be directed to CREadvisory[email protected]. For all questions that do not pertain to the subject matter of this RFP, please contact NYCEDC’s Contracts Hotline at 212.312.3969. Answers to all questions will be posted by November 17, 2017, on this page.

Detailed submission guidelines and requirements are outlined in this RFP, available as of October 23, 2017. In addition to being able to download the document above, the RFP is available for in-person pick-up between 9:30am and 4:30pm, Monday through Friday, from NYCEDC, 110 William Street, 4th floor Mailroom Bid Desk, New York, NY (between Fulton & John streets). Responses are due no later than 4:00pm on December 1, 2017. Please submit 6 COPIES of your proposal to:

NYCEDC, 110 William Street, 4th floor Mailroom Bid Desk, New York, NY  10038
Attention: Maryann Catalano, Chief Procurement Officer, Contracts.

Optional Pre-proposal Meeting

Please find date, time and location listed below. Those who wish to attend should RSVP by email to CREadvisory[email protected] by 5:00pm on November 1, 2017.

Wednesday, November 8, 2017
NYCEDC 110 William Street, NY, NY 10038 6th floor

This project has Minority and Women Owned Business Enterprise (“M/WBE”) participation goals, and all respondents will be required to submit a M/WBE Narrative Form with their response. To learn more about NYCEDC’s M/WBE program, visit http://www.nycedc.com/opportunitymwdbe For the list of companies who have been certified with the New York City Department of Small Business Services as M/WBE, please go to the www.nyc.gov/buycertified.

NYCEDC established the Kick Start Loan programs for Minority, Women and Disadvantaged Business Enterprise (M/W/DBE) interested in working on public projects. Kick Start Loans facilitates financing for short-term mobilization needs such as insurance, payroll, supplies and equipment. Bidders, sub-contractors and sub-consultants are strongly encouraged to visit the NYCEDC website at www.nycedc.com/opportunitymwdbe to learn more about the program.