Property Manager
2 months ago
Our client, a top real estate developer, located in Midtown Manhattan, is looking for a Property Manager to join their team for a brand new luxury property. The position is responsible for all property operations and is to effectively initiate, manage, coordinate and motivate all available labor and resources in order to accomplish property objectives and goals - effectively maximizing occupancy levels, profit levels and property values.
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Job Responsibilities:
Owner(s) & Resident Relations
- Interacts directly with property owners, asset managers, and business partners to ensure client satisfaction
- Ensure timely and accurate communications with clients, staff and all stakeholders across all projects or transactions
- Interface with residents to address issues/concerns and enhance the living environment
- Work collaboratively with other departments (i.e., compliance, transfer, leasing, and accounting)
Building Operations:
- Manage day-to-day operations of the property while emphasizing a positive response to concerns of residents and clients
- Ensure the timely maintenance of all building operations and systems
- Ensure that all properties pass all audits, reviews, and inspections
- Negotiate all service contracts, including bidding, awarding, and managing building contracts and ensuring that suppliers/service providers are meeting contractual obligations
- Respond to building emergencies to coordinate resources and provide appropriate guidance in securing the emergency and implementing corrective and preventive actions.
- Oversee apartment improvement construction projects and capital improvements as required.
Administrative & Financial Functions:
- Participate in preparation of short and long range operating budgets and forecasts.
- Prepare Monthly Variance Reports, Utility Consumption Reports, and other reports as required.
- Analyze past income and expenditure patterns and make recommendations.
- Manage vendor payments expenditures/records, orders and delivery logs; and review charges and identify and report discrepancies.
- Assure that appropriate insurance requirements are in place for all properties.
Supervisory Functions:
- Provide direction and scheduling to Resident Managers, office, building and leasing staff. Ensure compliance with policies.
- Set goals and objectives for staff
- Review and approve commissions and resolve commission disputes for Leasing Representatives.
- Supervise the work of outside contractors at the property to ensure compliance with contractual agreements, municipal codes, and safety standards. Works with contractors to minimize impact of work on the resident’s comfort and accessibility.
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Job Requirements:
- Bachelor’s degree in business, marketing, real estate or finance or equivalent experience in residential property management.
- Experience managing luxury properties - experience handling a "lease-up" is required
- 5 years of residential rent regulated property management experience in NYC.
- Experience with LIHTC units a major plus
- Working knowledge of building operations and maintenance.
- Proficient in Microsoft Outlook, Excel and Word.
- NY Real Estate License or ability to obtain license within 90 days of employment.
- Revenue Management Program experience preferred.
- Acts in ways that demonstrate integrity. Makes and fulfills commitments.
- Displays diplomacy while handling difficult issues and challenges in a calm, rational manner and inspires others to do the same.
- Builds and maintains trust with owners, residents, staff and contractors/vendors using open, honest and regular communication. Show awareness and empathy to the needs, feelings and expectations of others. Builds rapport with a broad range of people.
- Demonstrates expert knowledge of all industry standards in the correct use of and limits to facilities operating systems and the legal requirements of the NYC rental market.
- Ensure revenue targets are met through management of leasing and marketing programs
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Salary: $100,000 to $120,000 based on experience
Gainor is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Gainor are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, creed, sex, sexual orientation, gender (including gender identity and expression), age, national origin, immigration status, marital or familial status, citizenship status, ancestry, physical or mental disability, genetic information, reproductive health decision making, veteran or military status, or any other characteristic or status protected under applicable federal, state, or local law.
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