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

He was discussing gender diversity at the time

TRD 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
Senate Minority Leader Chuck Schumer and Senate Majority Leader Mitch McConnell (Schumer by Tasos Katopodis/Getty Images; McConnell by Ting Shen/Xinhua via Getty)

Schumer v. McConnell on SALT: Who’s gonna give?

Schumer v. McConnell on SALT: Who’s gonna give?
From left: Jared Kushner, 715 Park Avenue, Deutsche Bank CEO Christian Sewing, and Rosemary Vrablic (Credits: Kushner by BRENDAN SMIALOWSKI/AFP via Getty Images; 715 Park via Google Maps; Sewing by by Thomas Lohnes/Getty Images; Vrablic by PAUL LAURIE/Patrick McMullan via Getty Images)

Apartment sale to banker for Trump and Kushner probed

Apartment sale to banker for Trump and Kushner probed
Assemblyman Harvey Epstein and Senator Brad Hoylman (Epstein by Erik McGregor/LightRocket via Getty Images; Hoylman by Roy Rochlin/Getty Images)

Lawmakers introduce bill to keep rent regulation alive

Lawmakers introduce bill to keep rent regulation alive
Equity Residential chairman Sam Zell and CEO Mark Parrell (right) (Getty, iStock)

Sam Zell’s Equity Residential sees profits drop 15%

Sam Zell’s Equity Residential sees profits drop 15%
China’s housing market is into bubble territory

There are fears of a great housing bubble in China

There are fears of a great housing bubble in China
Governor Andrew Cuomo (Getty, iStock)

What NYC’s phase 4 means for real estate

What NYC’s phase 4 means for real estate
Hong Kong

Foreign firms are vacating Hong Kong offices like never before

Foreign firms are vacating Hong Kong offices like never before
Mayor Bill de Blasio (Getty, Wikimedia)

Landlords challenge city laws protecting non-paying businesses

Landlords challenge city laws protecting non-paying businesses
arrow_forward_ios

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

Loading...