NEW ROCHELLE, NY (May 4, 2025) — The City of New Rochelle is requesting proposals from licensed real estate brokers to provide professional services for marketing and leasing city-owned properties, including parking facilities, under Specification #5791.
The selected firm will assist with commercial brokerage services, representing the city’s interests in marketing and negotiating leases, vetting tenants and sub-tenants, and potentially providing additional real estate services as needed. Responsibilities include advising on property rental valuation, strategic planning for leasing, and providing progress updates to city staff. The firm may also make presentations at public meetings, consult with the City Corporation Counsel on deed restrictions, and handle customary real estate transaction activities.
Proposals must be submitted by 3 p.m. on May 21, 2025, to the Purchasing Office at City Hall, 515 North Avenue, New Rochelle, NY 10801, attention Karin Conca, Purchasing Specialist. Questions should be sent to kconca@newrochelleny.com by 1 p.m. on May 9, 2025, with answers posted online by 4:30 p.m. on May 15, 2025.
The city encourages proposals from Women/Minority Business Enterprises (W/MBE). Proposals will be evaluated based on commission structure (40 points), experience and qualifications (40 points), and key personnel and resources (20 points). The contract will be awarded to the respondent whose proposal is deemed in the “best interest” of the city, with the lowest cost not necessarily determining the winner.
The city anticipates issuing a Notice to Proceed upon selecting the most qualified proposal, aiming to list properties within one month. The contract term is one year, with an option to renew for four additional one-year intervals upon mutual consent. The awarded firm must provide a Certificate of Authority to do Business in New York and comply with insurance requirements, including general liability of $2 million per occurrence and naming the city as an additional insured party.
The city reserves the right to reject any or all proposals, waive informalities, or modify requirements. Proposals must remain valid for three months and include a detailed firm description, staff resumes, references, a proposed real estate transaction process, and a fee schedule. One original hard copy and one digital copy are required.
This article was drafted with the aid of Grok, an AI tool by xAI, under the direction and editing of Robert Cox to ensure accuracy and adherence to journalistic standards.