8 days old

Vice President, Real Estate Transaction Services

NYCEDC
New York, NY 10001
  • Job Code
    115163098


Real Estate Transaction Services
New York, New York

NYCEDC's vision and mission: Our vision is to make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses. Our mission is to make investments in strengthening neighborhoods and spurring the creation of good jobs.

NYCEDC's Real Estate Transaction Services Department (RETS): The RETS departmentis the City's primary department for financial analysis, structuring, and the execution of real estate and economic development transactions. RETS promotes economic development and neighborhood revitalization by leveraging City-owned real estate and partnerships with the private sector.

Your Role: The Vice President in Real Estate Transaction Services will supervise a team of real estate finance and development professionals on projects central to NYC's economic development goals. The VP will lead projects from inception to closing by directing the financial analysis on a project's feasibility, managing negotiations on land sales and leases with developers, overseeing project management and progress, establishing and maintaining client contact and conducting community outreach. The ideal candidate will have real estate industry experience and will have managed NYC-area development projects. Additionally, the candidate should possess a strong understanding of how to progress projects in a challenging environment and understand public policy objectives and regulatory processes.

Essential Duties & Responsibilities:
  • Supervise and provide direction on all aspects of real estate project management and land sale/lease negotiations
  • Direct financial structuring analyses (NPV, IRR, COC, etc.) to isolate key drivers of investment return
  • Conduct transaction negotiations to maximize return to the City and EDC
  • Establish & achieve short and long-term project goals and timeframes
  • Develop systems for accountability and monitoring for projects and staff
  • Initiate, supervise and review all relevant project documents
  • Present projects to executive staff, boards and City officials
  • Identify new projects and/or development opportunities for EDC
  • Offer expertise on initiatives and issues relevant to the Real Estate Transaction Services department
  • Build and maintain relationships with governmental and quasi-governmental agencies, real estate developers and business groups, consultants, civic and community stakeholders, and cultural and professional organizations
  • Demonstrate managerial experience/ability with specific focus on ability to lead and motivate teams to set and meet goals, expectations and deadlines with limited oversight
  • Display strong understanding of real estate development practices, preferably specific to NYC, and economic development and planning policy
  • Mentor and cultivate junior staff knowledge and skills development
  • Possess a strong sense of professional judgment and ability to solve problems creatively
  • Exhibit leadership abilities, including interpersonal, communication and public speaking skills and a strong sense of personal accountability to ensure project

Qualifications:
  • Master's Degree or equivalent in business, real estate, public policy, urban planning, finance or law
  • 5-7 years of experience in relevant field (finance, real estate, development, public policy, urban planning, City or State agency)
  • Proven strength in use of spreadsheet, database, and presentation applications including Excel and PowerPoint
  • Strong project management and interpersonal skills
  • Strong written and oral communication skills, including public speaking
  • Ability to prioritize competing needs and opportunities
  • Understanding of economic development issues
  • Familiarity with NYC government and NYC government real estate processes
  • Ability to work in a team-based environment with limited oversight
  • Demonstrated ability to both work independently and lead a project team on complex transactions
  • Must maintain/obtain NYC residency within 180 days of hire

About Us: NYCEDC is New York City's primary vehicle for promoting economic growth in each of the five boroughs. Our mission is to create shared prosperity across New York City's five boroughs by strengthening neighborhoods and growing good jobs. We do this by developing, managing, and implementing expansion and redevelopment programs that encourage investment and strengthen the city's competitive position.

NYCEDC is dedicated to the creation of a dynamic, equitable, and sustainable urban economy. We are making sure that whatever happens next, happens right here in New York City-and that all New Yorkers are a part of it.

NYCEDC offers many unique advantages for an exciting and fulfilling career. As part of our team, you'll enjoy:
  • The unique opportunity to make an impact on New York City
  • Working on diverse, unique, and challenging projects
  • Working closely with teams of creative, highly motivated, and passionate people
  • Learning opportunities designed to enhance the practical skills and business knowledge of our employees
  • Excellent benefits, including company-paid 401(a) pension plan, 457(b) tax-advantaged retirement savings plans, medical, dental and vision benefits, generous paid family leave and paid time off, and other perks

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our diversity and inclusion mission is to attract, retain, and engage a diverse workforce comprised of talented people. NYCEDC employees can expect to work as part of a highly engaged, passionate and inclusive workforce where everyone's contributions are valued, respected and make an impact on one of the best and most diverse cities in the world!

For more information, visit our website at edc.nyc.

PI115163098

<br/><br/><b>Real Estate Transaction Services</b><br/><b>New York, New York</b><br/><br/><strong>NYCEDC's vision and mission: </strong>Our vision is to make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses. Our mission is to make investments in strengthening neighborhoods and spurring the creation of good jobs.<br><br><strong>NYCEDC's Real Estate Transaction Services Department (RETS): </strong>The RETS departmentis the City's primary department for financial analysis, structuring, and the execution of real estate and economic development transactions. RETS promotes economic development and neighborhood revitalization by leveraging City-owned real estate and partnerships with the private sector.<br><br><strong>Your Role:</strong> The Vice President in Real Estate Transaction Services will supervise a team of real estate finance and development professionals on projects central to NYC's economic development goals. The VP will lead projects from inception to closing by directing the financial analysis on a project's feasibility, managing negotiations on land sales and leases with developers, overseeing project management and progress, establishing and maintaining client contact and conducting community outreach. The ideal candidate will have real estate industry experience and will have managed NYC-area development projects. Additionally, the candidate should possess a strong understanding of how to progress projects in a challenging environment and understand public policy objectives and regulatory processes.<br><br><b>Essential Duties & Responsibilities:</b><br><ul><li>Supervise and provide direction on all aspects of real estate project management and land sale/lease negotiations</li><li>Direct financial structuring analyses (NPV, IRR, COC, etc.) to isolate key drivers of investment return</li><li>Conduct transaction negotiations to maximize return to the City and EDC</li><li>Establish & achieve short and long-term project goals and timeframes</li><li>Develop systems for accountability and monitoring for projects and staff</li><li>Initiate, supervise and review all relevant project documents</li><li>Present projects to executive staff, boards and City officials</li><li>Identify new projects and/or development opportunities for EDC</li><li>Offer expertise on initiatives and issues relevant to the Real Estate Transaction Services department</li><li>Build and maintain relationships with governmental and quasi-governmental agencies, real estate developers and business groups, consultants, civic and community stakeholders, and cultural and professional organizations</li><li>Demonstrate managerial experience/ability with specific focus on ability to lead and motivate teams to set and meet goals, expectations and deadlines with limited oversight</li><li>Display strong understanding of real estate development practices, preferably specific to NYC, and economic development and planning policy</li><li>Mentor and cultivate junior staff knowledge and skills development</li><li>Possess a strong sense of professional judgment and ability to solve problems creatively</li><li>Exhibit leadership abilities, including interpersonal, communication and public speaking skills and a strong sense of personal accountability to ensure project</li></ul><br><b>Qualifications:</b><br><ul><li>Master's Degree or equivalent in business, real estate, public policy, urban planning, finance or law</li><li>5-7 years of experience in relevant field (finance, real estate, development, public policy, urban planning, City or State agency)</li><li>Proven strength in use of spreadsheet, database, and presentation applications including Excel and PowerPoint</li><li>Strong project management and interpersonal skills</li><li>Strong written and oral communication skills, including public speaking</li><li>Ability to prioritize competing needs and opportunities</li><li>Understanding of economic development issues</li><li>Familiarity with NYC government and NYC government real estate processes</li><li>Ability to work in a team-based environment with limited oversight</li><li>Demonstrated ability to both work independently and lead a project team on complex transactions</li><li>Must maintain/obtain NYC residency within 180 days of hire</li></ul><br><strong>About Us: </strong>NYCEDC is New York City's primary vehicle for promoting economic growth in each of the five boroughs. Our mission is to create shared prosperity across New York City's five boroughs by strengthening neighborhoods and growing good jobs. We do this by developing, managing, and implementing expansion and redevelopment programs that encourage investment and strengthen the city's competitive position.<br><br>NYCEDC is dedicated to the creation of a dynamic, equitable, and sustainable urban economy. We are making sure that whatever happens next, happens right here in New York City-and that all New Yorkers are a part of it.<br><br>NYCEDC offers many unique advantages for an exciting and fulfilling career. As part of our team, you'll enjoy:<br><ul><li>The unique opportunity to make an impact on New York City</li><li>Working on diverse, unique, and challenging projects</li><li>Working closely with teams of creative, highly motivated, and passionate people</li><li>Learning opportunities designed to enhance the practical skills and business knowledge of our employees</li><li>Excellent benefits, including company-paid 401(a) pension plan, 457(b) tax-advantaged retirement savings plans, medical, dental and vision benefits, generous paid family leave and paid time off, and other perks</li></ul><br>The New York City Economic Development Corporation is an Equal Opportunity Employer. Our diversity and inclusion mission is to attract, retain, and engage a diverse workforce comprised of talented people. NYCEDC employees can expect to work as part of a highly engaged, passionate and inclusive workforce where everyone's contributions are valued, respected and make an impact on one of the best and most diverse cities in the world!<br><br>For more information, visit our website at <a href="http://www.edc.nyc/">edc.nyc</a>. <img src="https://analytics.click2apply.net/v/Z4n4wauy1Z2rIxqmIbpzx"> <p>PI115163098</p>

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Posted: 2019-11-05 Expires: 2019-12-06

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Vice President, Real Estate Transaction Services

NYCEDC
New York, NY 10001

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