Close Menu
Global News HQ
    What's Hot

    Shoppers to go into credit card debt, use BNPL to afford the holidays

    July 29, 2025

    VW Delays Plan to Bring Cupra Brand to U.S.

    July 29, 2025

    European Culture Spring 2026 Ready-to-Wear Collection

    July 29, 2025
    Recent Posts
    • Shoppers to go into credit card debt, use BNPL to afford the holidays
    • VW Delays Plan to Bring Cupra Brand to U.S.
    • European Culture Spring 2026 Ready-to-Wear Collection
    • Ethereum ‘ready to explode’ as ETH price reclaims $3.8K, analysts say
    • 5 Side Hustles You Can Do From Home in Less Than 8 Hours a Week
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Shoppers to go into credit card debt, use BNPL to afford the holidays
    • VW Delays Plan to Bring Cupra Brand to U.S.
    • European Culture Spring 2026 Ready-to-Wear Collection
    • Ethereum ‘ready to explode’ as ETH price reclaims $3.8K, analysts say
    • 5 Side Hustles You Can Do From Home in Less Than 8 Hours a Week
    • Executive Order Enhances Federal Permitting and Incentives for AI-Related Data Centers
    • Uranus Is In Gemini—Here’s What It Means For Your Zodiac Sign
    • Don’t Get Overwhelmed By Clutter— Where Pro Organizers Start When Organizing
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Real Estate - After Diana Boutross backlash, DCAS seeks new experienced brokers — who disclose administration ties 
    Real Estate

    After Diana Boutross backlash, DCAS seeks new experienced brokers — who disclose administration ties 

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    After Diana Boutross backlash, DCAS seeks new experienced brokers — who disclose administration ties 
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Wanted: A commercial broker with experience and who is upfront about any ties to city officials. 

    This sounds like a rudimentary request from a city agency seeking brokerages to represent it on office deals. But language in a new RFP echoes concerns raised about Cushman & Wakefield’s Diana Boutross, who led a team of brokers representing the Department of Citywide Administrative Services on city office leases since 2023. 

    DCAS issued a request for proposals on Thursday seeking as many as five new brokerages to represent it on leasing and buying office properties. These are lucrative but complicated deals, feeding into the agency’s 22.9 million-square-foot portfolio. 

    The city last hired Cushman and CBRE in 2017 to represent it on office deals. Cushman’s work has gotten a lot of attention because of Boutross, whose phone was seized by investigators from the Manhattan district attorney’s office in September as she returned from a trip to Japan with Ingrid Lewis-Martin, a former top Adams adviser, and Jesse Hamilton, deputy commissioner of real estate services at DCAS. Lewis-Martin was indicted in December on charges that she accepted tens of thousands of dollars in bribes in exchange for helping hoteliers speed up their projects.

    During a hearing in October, Council member Lincoln Restler questioned Boutross’ qualifications to lead the Cushman team, given her experience as a retail, rather than office, broker. He also asked about Hamilton’s potential role in securing Boutross the job, which was also described in a lawsuit brought against Cushman last year.

    The RFP seems to nod at these issues. DCAS requires that the “principal-in-charge” of managing a brokerage’s account with DCAS must have at least two years of experience as a commercial broker, including “supervising staff that negotiates office and industrial transactions, (2) acting as the lead negotiator on several transactions, (3) managing architectural and engineering firms, and (4) coordinating multiple disciplines (such as architects/engineers and attorneys) towards the successful closing of a transaction.”

    The RFP also requires applicants to disclose if any of the main brokers working on the DCAS account “have or have had any personal relationships with DCAS staff, Client Agencies, or the City of New York and describe the extent of each relationship.”

    Representatives for DCAS and Cushman did not return requests for comment. 

    Cushman’s contract was supposed to expire in 2020, but the city kept extending it. In March, DCAS Commissioner Louis Molina said the RFP was taking longer than anticipated because the solicitation was incorporating changes to reflect issues that arose with the city’s lease at 14 Wall Street. 

    In November, City Hall paused plans to move the Department of Aging to 14 Wall Street, following reports that Hamilton pushed for the building, owned by a donor to Mayor Eric Adams, to be selected. 

    The RFP calls for both the city and brokerages to each have their own independent conflicts compliance officers to “monitor and safeguard against conflicts of interest.”

    The new contract is expected to run from November 1, 2025, through October 31, 2028.

    Read more

    Council grills agency on Hamilton’s role in city leases, purchases 

    Hamilton’s hold:  How an Adams ally wields power over NYC leases





    Source link

    DCAS Leases
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleNorth Dakota’s Theodore Roosevelt Presidential Library will redefine what a presidential library can be
    Next Article AI Goes To School

    Related Posts

    Everyone Wants to Fix 14th Street

    July 29, 2025

    Why Jesse McBee Was Hesitant To Ask Alli for a Prenup With “$50M Payout” at Stake (EXCLUSIVE) | Bravo

    July 29, 2025

    Yes, You Can Sell a House As-Is Without an Inspection – But Know This Before You List

    July 29, 2025

    Even if the Fed Cuts Rates This Week, You Should Still Play Defense—Here’s Why

    July 29, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    E-commerce & Retail
    2 Mins Read

    Shoppers to go into credit card debt, use BNPL to afford the holidays

    Listen to the article 2 min This audio is auto-generated. Please let us know if…

    VW Delays Plan to Bring Cupra Brand to U.S.

    July 29, 2025

    European Culture Spring 2026 Ready-to-Wear Collection

    July 29, 2025

    Ethereum ‘ready to explode’ as ETH price reclaims $3.8K, analysts say

    July 29, 2025
    Top
    E-commerce & Retail
    2 Mins Read

    Shoppers to go into credit card debt, use BNPL to afford the holidays

    Listen to the article 2 min This audio is auto-generated. Please let us know if…

    VW Delays Plan to Bring Cupra Brand to U.S.

    July 29, 2025

    European Culture Spring 2026 Ready-to-Wear Collection

    July 29, 2025
    Our Picks
    E-commerce & Retail
    2 Mins Read

    Shoppers to go into credit card debt, use BNPL to afford the holidays

    Listen to the article 2 min This audio is auto-generated. Please let us know if…

    Automotive (Car Deals & Maintenance)
    1 Min Read

    VW Delays Plan to Bring Cupra Brand to U.S.

    Volkswagen has indefinitely delayed a plan to bring its Cupra brand to the U.S. Cupra,…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version