Description of goods to services to be bid:
The New York State Energy Research and Development Authority (“NYSERDA”) is seeking a qualified commercial real estate brokerage firm to promote and assist with the potential sale of 17 Columbia Circle Albany, NY. Such services include, but are not limited to, sales strategy and review, due diligence advisement, and advise and negotiate resulting bids.
If changes are made to this solicitation notification will be posted on NYSERDA’s website at:www.nyserda.ny.gov/funding-opportunities
Eligibility/Qualifications Requirements/Preferences:
Program Requirements NYSERDA is exploring the potential disposition of 17 Columbia Circle, preferably through a sale of the property though leasing to a full-building tenant may be considered. NYSERDA may also consider a sale and leaseback arrangement through mutual agreement. It is seeking a commercial real estate broker to assist in or perform the following duties:
• In consultation with NYSERDA, develop and implement a marketing strategy.• Assist interested parties in their due diligence efforts to the greatest extent possible.• Provide timely feedback from third parties to allow for changing/improving the marketing.• Receive and advise on all offers received.• Once accepted and with NYSERDA’s input, assist in negotiating the transaction(s).
Proposal Requirements Proposals should be kept to a maximum 10 pages of narrative, addressing your understanding of both this RFQL and the Capital Region commercial real estate market as it relates to parcels of this size and type; regional/national marketing experience and network; potential opportunities for and challenges with selling the building in a reasonable timeframe; and experience in marketing and closing commercial office building sales. Unnecessary attachments beyond those sufficient to present a complete, comprehensive, and effective response will not influence the evaluation of the proposal.
The proposal must be in the following format:
A. THE PROPOSER
1. Company Information – All Proposers must, if such exists, provide the following information for each member of the proposed team: • Name of Business Entity (including any “Doing Business As” names) • Headquarters/Parent Company Location • History of Firm • Proof of License to sell commercial real estate in New York State• Commercial real estate broker experience in New York• Internet Web Site Address • Details of Entity’s Business Structure (Corporation, Partnership, LLC)• Date Founded• Organizational Chart of Business Entity• New York State and Other Pertinent Locations and Total Number of Employees at each• Briefly explain your understanding of the project requirement• Submit proof of insurability for workers compensation and consultant liability. 2. Qualifications –Describe why you believe your firm is best qualified to market and sell this property. What are your competitive advantages? What extent of the Proposer’s business is represented by commercial real estate? How successful has the Proposer been at selling commercial real estate of similar size, use and complexity? Provide statistics, trends, and examples. 3. Timing – Provide information on your firm’s average time-to-sell, at a reasonable market value, for comparable properties in the NYS Capital Region within the past three years. Provide statistics, trends, and examples. Describe what strategy you would use to sell the property at a fair market value within one year. 4. Staffing - Identify all staff that will play a substantive role in the work. How many years of commercial real estate sales/services does the proposed team or lead broker have? Provide examples of “large” land transactions the team and lead broker have taken part in or been directly responsible for. Provide resumes for each professional assigned to the project, along with a copy of a current New York State real estate brokers license. 5. Marketing – Describe how you intend to market the property, and what outlets you intend to use. Does the Proposer have a local, regional or national network through which to market the property? Briefly describe the network. Also discuss your typical strategy to assess and recommend property updates that may assist in the sale process, and to assist the client in prioritizing such updates. 6. References- Submit a list of three (3) references, preferably references who retained the Proposer for a project with similar requirements. B. COMMISSION On corporate letterhead, indicate what your commission will be. Is it a flat percent of the selling price, is it based on a sliding scale, or determined by some other method? Is the commission based strictly upon sale(s) or do you expect recompense from NYSERDA regardless of sale(s)? If so, for what and what is the structure of such payment? C. BROKER’S AGREEMENT Provide a copy of your proposed broker’s agreement. NYSERDA reserves the right to negotiate certain business terms.
Proposal Submission: Online submission is highly preferred. Proposers may submit Word, Excel, or PDF files (file formats include: csv, doc, docx, gif, jpeg, jpg, pdf, png, ppt, pptx, pps, ppsx, tif, txt, xls, xlsx, and zip). Individual files should be 100MB or less in file size. Proposal PDFs should be searchable and should be created by direct conversion from MS Word, or other conversion utility. Files should not be scanned. For ease of identification, all electronic files must be named using the proposer’s entity name in the title of the document. NYSERDA will also accept proposals by mail or hand-delivery if online submission is not possible. For detailed instructions on how to submit a proposal, click the link “Application Instructions and Portal Training Guide [PDF]” located in the “Current Opportunities” section of NYSERDA’s website (https://www.nyserda.ny.gov/Funding-Opportunities/Current-Funding-Opportunities.aspx).
No communication intended to influence this procurement is permitted except by contacting Gene Doane or Melissa Winfield (Designated Contacts) at
+1 (555) 000-0000, ext. 3230 and 3660, respectively, or by e-mail to
contact@example.gov or
contact@example.gov. If you have contractual questions concerning this solicitation, contact Jim Cowman(Designated Contact) at
+1 (555) 000-0000, ext. or
contact@example.gov. Contacting anyone other than the Designated Contacts (either directly by the proposer or indirectly through a lobbyist or other person acting on the proposer’s behalf) in an attempt to influence the procurement: (1) may result in a proposer being deemed a non-responsible offerer, and (2) may result in the proposer not being awarded a contract.
* All proposals must be received by 3 p.m. Eastern Time on the date noted above. Late, faxed, or emailed proposals will not be accepted. Incomplete proposals may be subject to disqualification. It is the proposer’s responsibility to ensure that all pages have been included in the proposal. Please note: for online submission, there are required questions that you will have to answer in addition to uploading attachments and you should allot at least 60 minutes to enter/submit proposals. The online proposal system closes promptly at 3 p.m. Eastern Time. Files in process or attempted edits or submission after 3 p.m. Eastern Time on the date above will not be accepted. If changes are made to this solicitation, notification will be posted on the “Current Opportunities” section of NYSERDA’s website (https://www.nyserda.ny.gov/Funding-Opportunities/Current-Funding-Opportunities.aspx .
Service-Disabled Veteran-Owned Set Aside: No
Minority Owned Sub-Contracting Goal: 15% Women Owned Sub-Contracting Goal: 15% Service-Disabled Veteran-Owned Business Contracting Goal: 6% Disadvantaged Owned Sub-Contracting Goal: 0%
Due date:08/26/2024 3:00 PM
Contract term: 1 September 2024 - 31 August 2027
County(ies): Albany
Location: 17 Columbia Circle, Albany, NY Business entities awarded an identical or substantially similar procurement contract within the past five years: Robert Cohn Associates, d/b/a CBRE Albany 100 Great Oaks Blvd., Albany, NY 12203 (RFQL #4703)
