Hello,
Posting answer so that it may be helpful for someone else:
-----*****-----
Outlook cannot connect to Gmail after July 15, 2014
Symptoms
When you try to add a new Gmail account in Microsoft Outlook, you encounter the following symptoms:
Note If you are using Outlook 2016 for Mac or Outlook for Mac 2011, the prompt and error message may look different, but the method for resolving the issue is the same.
Cause
This issue occurs when you try to sync to a Gmail account after July 15, 2014 and Basic Authentication has not been enabled for your Gmail account.
Google has increased its security measures to block access to Google accounts after July 15, 2014 if those accounts are being set up or synced in apps and on devices that use Basic Authentication.
Resolution
To resolve this problem, enable Basic Authentication for your Gmail account. To do this, go to the following Google website, and then select
Enable when you are prompted about whether to let less secure apps access your Gmail account:
Allow less secure apps
For additional security, consider enabling Google’s two-step verification and app passwords as documented at the following web pages:
https://support.google.com/accounts/answer/180744?hl=en
https://support.google.com/accounts/answer/185833?hl=en&topic=2784804&ctx=topic
Note The workaround described here takes you to the page in the following screen shot. You click
Enable to work around the issue.