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Status update on new RFP for tenant representation services
1:32:41
ยท
39 sec
Council Member Restler follows up on the status of a new RFP for tenant representation services that was promised in a previous hearing.
- Commissioner Molina had previously stated the RFP would be ready by the end of the year
- The RFP process has been delayed due to efforts to strengthen and tighten up certain aspects of the RFP
- The revised RFP is currently under legal review
- The delay is partly due to learnings from the 14 Wall Street RFP process
Lincoln Restler
1:32:41
Right.
1:32:42
Okay.
1:32:44
And I wanted to ask about the tenant representation services contract.
1:32:49
At our October hearing, you testified that Decast was preparing a new RFP for tenant representation services and that we could expect a quote really soon quote by the end of the year.
1:32:58
What's the status of the new RFP?
Louis Molina
1:33:01
Well that was my hope.
1:33:02
So one thing is through our RFP process that we had with 14 Wall Street, I wanted to strengthen other aspects of the tenant RFP.
1:33:12
So working with our DECAS office of general counsel, we've tightened that up in areas where I thought there might have been some vulnerabilities and that's on the legal review right now.