Sam Zell apologizes for “p— on the block” comment about women

He was discussing gender diversity at the time

New York /
Jun.June 12, 2018 08:06 AM

Sam Zell (Credit: Pixabay)

Sam Zell has apologized for using a vulgarity to describe women in the workforce during a discussion about gender diversity and the #MeToo movement last week.

The chairman of Equity Group Investments spoke at the REITweek investor conference, and made headlines after a discussion with Steven Wechsler, CEO of the National Association of Real Estate Investment Trusts, took a turn. After saying that he promoted women based on merit, Zell added: “I don’t think there’s ever been a, ‘We gotta get more pussy on the block, OK?’”

Conference organizers sent out an email on Monday, saying that Zell, through a spokesperson, expressed regret for the remark, Bloomberg reported.

“Mr. Zell’s language was completely unacceptable and is not welcome at Nareit-sponsored events, or in our view, anywhere else,” Nareit chairman Thomas Baltimore Jr. and Wechsler said in the email. “His language does not represent Nareit’s values, nor does it represent the values of the women and men who work in the industry we represent.”

At a panel in September 2016, Zell also found himself in hot water. Interviewer Peter Linneman made racist remarks about Chinese men while the two were onstage. The two left the stage shortly thereafter. [Bloomberg] — Kathryn Brenzel 


Related Articles

arrow_forward_ios
New York City District Council of Carpenters’s Monitor Glen McGorty (iStock; LinkedIn)

NYC carpenters union changes how it roots out mob ties

NYC carpenters union changes how it roots out mob ties
The Economic Innovation Group identified 145 real estate investments in Opportunity Zones (iStock)

Real estate deals dominate Opportunity Zones. Is that bad?

Real estate deals dominate Opportunity Zones. Is that bad?
Assemblymember Marcela Mitaynes  and Sen. Charles Schumer (Photos via Protect Sunset Park; Getty; Facebook)

With NY poised to lose billions, socialists fight real estate

With NY poised to lose billions, socialists fight real estate
From left: Edison Properties CEO Robert Selsam, Ironstate Development's Michael Barry, Stellar Management founder Larry Gluck (LinkedIn; Gluck Family Foundation)

These developers could benefit the most from Soho’s rezoning

These developers could benefit the most from Soho’s rezoning
A rendering of Gowanus Green and HPD commissioner Louise Carroll (Rendering via Jonathan Rose Companies)

Massive Gowanus development will be 100% affordable

Massive Gowanus development will be 100% affordable
Union Square and Mayor Bill de Blasio (Getty)

City drops bid to require special permits for Union Square hotels

City drops bid to require special permits for Union Square hotels
(Credit: iStock)

Feds put Neoclassical architecture policy into practice

Feds put Neoclassical architecture policy into practice
Newark Mayor Ras Baraka (Getty)

“Nobody wants to follow the rules”: Covid spike triggers Newark crackdown

“Nobody wants to follow the rules”: Covid spike triggers Newark crackdown
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...