Lease Renewal Administrator

3 weeks ago

New York, United States Akam Associates Inc Full time $50,000 - $60,000
Job DescriptionJob DescriptionAbout the company:Founded in 1983, AKAM provides unparalleled knowledge, industry-leading technology, cost-saving initiatives, and the best customer service in the industry to every condominium, cooperative, homeowners association, and investment property we service. From comprehensive financial oversight to operations management, compliance administration, and violation removal, we maximize operational efficiency and value for our clients.


What we offer: AKAM is proud to be Great Place to Work-Certified™. Learn more about our company by visiting akam.com. Our benefits include several healthcare, dental and vision options, a retirement program, paid time off plans, 12 paid holidays per year, educational reimbursement, transportation discount purchase programs, service and performance awards – in addition to various social and recreational activities.


Position Overview: The Lease Renewal Administrator will be assisting the Lease Renewal Team with the renewal process of over 200 luxury residential condo and co-op buildings throughout Manhattan, Brooklyn, and Queens.


Responsibilities include, but not limited to:

  • Overseeing the distribution of 90-60-30-day notices of lease expiration to Unit Owners/shareholders
  • Collecting and reviewing lease renewal applications, including reviewing lease agreements and all required documentation by REBNY and each condo/ co-op's Board of Managers/Directors
  • Collecting and tracking all processing fees and building amenity fees connected to tenant’s lease renewal
  • Tracking, collecting, and billing monthly and annual sublet/leasing fees
  • Providing comprehensive sublet reports to client properties’ Board of Directors
  • Tracking and managing leasing restrictions based on each condo/ co-op's By-Laws/Proprietary lease
  • Inputting fines into unit owner’s accounts for illegal leases, late renewal submission, or non-renewal
  • Tracking illegal and expired sublets (issuing “must vacate” and expired lease notices to shareholders with tenants residing beyond the allowable co-op sublet term)
  • Inputting updated lease dates, rent amounts, and occupant's material changes into the BJ Murray System and reviewing Yardi
  • Communicating with the Board of Directors on the approval or denial of lease renewal applications
  • Obtaining and informing Unit Owners/ shareholders and tenants of board approval of their renewed lease
  • Transitioning new properties under our management (creating sublet lists of leased units, creating new renewal applications and notices to be sent to unit owners, back-billing sublet/lease fees not charged by previous management)

Qualifications:

  • Must have a Bachelor’s Degree in Real Estate or any Business related field
  • At least 1 year of Real Estate or Property Management experience relating to condo & coop properties
  • Must have strong proficiency in Windows and Microsoft Office Suite programs
  • Strong analytical, communication and organizational skills

Benefits:

  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Retirement plan
  • Vision insurance

AKAM Living Services, Inc., is committed to maintaining a diverse workforce and an inclusive work environment. AKAM is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. All qualified applicants are encouraged to apply and will be considered for employment without regard for any characteristic protected by applicable law.

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