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New York City Economic Development Corporation·New York

Outside Counsel RFP

Closes 5/8/2026$200k – $500kRequest for Proposal
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Description

New York City Economic Development Corporation is seeking qualified law firms to serve as outside counsel for a complex real‑estate transaction that includes the sale or long‑term ground lease, redevelopment, relocation, and condominium conversion of a mixed‑use site slated for market‑rate, mixed‑income, and permanently affordable housing, as well as a new library. The firm will be evaluated on proposal quality, key staff experience in negotiating and drafting real‑estate agreements, experience with public‑sector entities, and fee structure. Minority‑ and women‑owned firms are strongly encouraged to apply. • Provide comprehensive legal services for acquisition, lease, redevelopment, and condominiumization agreements. • Advise NYCEDC on compliance, zoning, financing, and public‑private partnership matters. • Deliver project‑specific counsel for affordable‑housing requirements and library construction. • Submit a .zip file with all required documents by the May 8, 2026 deadline. • Evaluation emphasizes experience with governmental entities and competitive fee proposals.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Hugo Job

[email protected]

(212) 618-5462

Key dates

Opened
4/23/2026
Closes
5/8/2026

Last updated

Details

Type
Request for Proposal
Industry
Legal Services
NAICS
541110
Solicitation №
PIN#11749

Budget estimate

$200,000 – $500,000

Based on typical law‑firm fees for large‑scale mixed‑use development projects in New York City, total compensation could range from a few hundred thousand dollars to well over half a million, depending on hourly rates, fee structure (hourly vs. flat fee), and the extent of services required (e.g., negotiation, zoning, financing, post‑closing counsel). A conservative estimate would be $200 k–$500 k.

AI estimate from the solicitation

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