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Discussion of MWBE participation in tenant representation contracts

1:32:04

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131 sec

Council Member Restler raises concerns about the reduction in Minority and Women-owned Business Enterprise (MWBE) participation in tenant representation contracts. Commissioner Molina and Executive Deputy Commissioner Overton struggle to provide clear answers due to their recent appointments.

  • Restler notes that MWBE participation has been reduced from over 30% to 10% since Diana Butros became the account lead for Cushman & Wakefield
  • Molina initially claims MWBE percentages are 30% total (10% each for black-owned, Hispanic-owned, and women-owned businesses)
  • Restler disputes this, stating that for the current contract, only one MWBE sub (JRT Realty) is involved at 10%
  • Molina and Overton are unable to provide clear explanations for the reduction in MWBE participation