MWDBE SPOTLIGHT: Velez Organization
Elizabeth Velez, President
David Muñoz, Executive Director of Operations
Tell us about you and your company.
DM: Founded in 1972 by union carpenter Andrew Velez following a career-altering injury, the company started small, focusing on residential projects. Today, we’ve grown into a thriving 35-person organization based in Manhattan, proudly recognized as New York City’s top Latino-owned and woman-owned construction management firm.
EV: My personal journey in construction began with my father. Since taking over from my father, I’ve expanded our portfolio and built a diverse team committed to delivering exceptional projects. As a Certified MWBE, we’ve prioritized quality and strong relationships. Our success is rooted in our dedication to our community and industry.
QUICK FACTS
Year established: 1972
Location: New York, NY
Number of employees: 35 (over 50% women, over 90% of
minority descent)
Notable projects: Google’s 8th Avenue offices (with The Hip Hop Museum in the Bronx (underway with Pavarini McGovern)
What achievements are you most proud of?
EV: While we’re immensely proud of our contributions to iconic projects— like Yankee Stadium and the Javits Center—and our role in driving affordable housing initiatives, our most fulfilling achievement is fostering the next generation of industry leaders. Over the past seven years, we’ve mentored over 500 small, minority, and women-owned businesses, particularly in the communities where we are building. We’ve also cultivated strong partnerships with industry leaders like the STO Building Group (STOBG), which has been instrumental in expanding our portfolio and market reach. Lastly, as a woman and minority business owner, I’m particularly proud of Velez’s role in empowering women and diverse leaders within the construction industry.
DM: These collaborations are a testament to our ability to deliver exceptional results while driving positive change in the industry. We’re also incredibly proud of our leader, Elizabeth Velez, for her instrumental role in shaping our company’s trajectory and for her significant industry contributions, including serving as the first woman chairperson of the New York Building Congress.
What else could the industry be doing to help and promote MWDBE-certified businesses?
DM: The construction industry can significantly enhance MWDBE participation by creating opportunities to compete for work and fostering a culture of inclusion. While industry commitment is essential, it’s a two-way street. MWDBE firms must proactively seek partnerships, build capacity, and meet industry standards to thrive. Programs like STO Building Group (STOBG)’s Trade Partner Equity Program (TPEP) are invaluable in bridging this gap.
EV: Establishing strategic partnerships is paramount. Inclusion creates a win-win situation for everyone—a more robust industry, thriving MWDBE businesses, and stronger communities who are invested in the developments in their neighborhoods. STOBG’s commitment to diversity and inclusion serves as an exemplary model for others to follow.
Velez/Pavarini McGovern Hip Hop Museum team
Do you have any advice for someone starting their own business in our industry and beginning the MWDBE process?
EV: That’s a great question, and one I hear a lot! Here are some key tips to get started on the right foot:
- Dive deep into understanding your industry. Stay on top of current trends, network with established players, and consider joining relevant industry or trade organizations.
- Develop a clear vision statement for the next 3–5 years.
- Strive to deliver top-notch work in everything you do. This will build your reputation and attract valuable opportunities.
- Actively advocate for programs and initiatives that support MWDBE businesses. Remember, these programs exist to help businesses like yours thrive.
- Pay it forward by supporting and mentoring the next generation of MWDBE business professionals.
- Leverage the MWDBE process! The MWDBE certification process can be a powerful tool for growth. Familiarize yourself with the requirements and actively seek out opportunities that leverage your certification.
- Seek out learning opportunities. Programs like STO Building Group (STOBG)’s TPEP can provide invaluable knowledge and support as you build your business.
Velez/Structure Tone Project Google team