Associate, Real Estate Transaction Services

Our Vision : 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 : Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers. NYCEDC’s Real Estate Transaction Services Group (RETS) : RETS is the City’s primary department for underwriting, structuring, and executing real estate and economic development transactions on city-owned land, with the goal of transforming underutilized properties into projects that support job creation, industry-based economic development goals, and affordable community development throughout New York City.

POSITION OVERVIEW : Associates are responsible for supporting project management, financial analysis, and the creation and negotiation of legal agreements for real estate transactions. Associates will work on multiple projects at different phases of the project life cycle, from evaluating site feasibility and RFP drafting to developer selection and project closing, under the direction of senior staff.

RESPONSIBILITIES

: Lead project management for multiple large-scale transactions, including the oversight of timelines, workflows, internal and external meetings, presentations, issues lists, and key project documents Support activities for competitive site dispositions, including drafting requests for proposals (RFPs), overseeing site tours, info sessions, and Q As, and analyzing responses.

QUALIFICATIONS

: Bachelor's degree required; Graduate degree in real estate development, public policy, urban planning, business, finance or law preferred. 2+ years of experience in a relevant field (finance, real estate development, urban planning, public policy, related City or State agency) Familiarity and experience with project management duties including project implementation from conception to completion Demonstrated analytical skills, including Excel proficiency with discounted cash flows, pro formas, and project economics Understanding of economic development issues and NYC Government preferred Communicates effectively across all formats, including reports, presentations, and meetings New York City residence is required within 180 days of hire Salary Range $83,000 $85,000 USD About Us : New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy .

Benefits

to support employee health, happiness, and work-life balance .

and unique

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Perks

to ensure NYCEDC employees flourish in their professional and personal lives: Generous employer subsidized health insurance Medical, dental, and pharmacy plans Vision and hearing