Notice Details

At a time of intersecting challenges – among them health, climate, equity and justice, and economic – the City of New York (the “City”) is committed to stewarding financial, technological, and intellectual capital from the technology sector to address these challenges. Given the city’s unique comparative advantages, the real estate and property technology sector (“Proptech”) offers a range of tools to address these challenges.

In this Request for Proposals (“RFP”), New York City Economic Development Corporation (“NYCEDC”), in partnership with other participating City agencies and authorities (collectively “Local Government Entities”), is seeking an organization that will partner with the City to source, diligence, and provide recommendations for specific real estate technology startups and solutions that enhance sustainability, increase health and safety, improve operational performance, and address other topline policy priorities related to real estate that is owned and/or managed by Local Government Entities.

This is an unprecedented opportunity to serve as the go-to organization for vetting and recommending Proptech startups that are interested in working with NYCEDC and other Local Government Entities.

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; performance and track record, particularly in the Proptech sector; alignment with city policy objectives; a plan for financial sustainability; and 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. http://edc.nyc/opportunity-mwdbe.

This project has Minority and Women Owned Business Enterprise (“M/WBE”) participation goals, and all respondents will be required to submit an M/WBE Participation Proposal with their response. To learn more about NYCEDC’s M/WBE program, visit http://edc.nyc/opportunity-mwdbe. 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.

An optional informational session will be held on Thursday, January 7, 2021 at 12:00 P.M. on Zoom. Those who wish to attend should RSVP by email to NYCProptech@edc.nyc on or before January 6, 2021.

Respondents may submit questions and/or request clarifications from NYCEDC no later than 5 P.M. on Friday, January 15, 2021. Questions regarding the subject matter of this RFP should be directed to NYCProptech@edc.nyc. Answers to all questions will be posted by Friday, January 22, 2021, to https://edc.nyc/rfps. Questions regarding the subject matter of this RFP will not be accepted after 5 P.M. on Friday, January 15, 2021, however, technical questions pertaining to downloading and submitting proposals to this RFP may be directed to NYCProptech@edc.nyc on or before Friday, February 5, 2021.

Detailed submission guidelines and requirements are outlined in the RFP. To download a copy of the solicitation documents please visit https://edc.nyc/rfps. To electronically upload a proposal for this solicitation, please click the link in the “Deadlines” section of this project’s web page (which can be accessed from https://edc.nyc/rfps).