Executive Director of Asset Optimization

5 days ago


Brooklyn, New York, United States Bedford Stuyvesant Restoration Full time
About the Role

We are seeking a highly skilled and experienced Vice President of Property Management to lead our team in optimizing commercial real estate, primarily at Restoration Plaza and additional off-site locations. This role involves developing strategies to maximize returns, minimize risks, and ensure long-term financial health while supervising daily operations and maintaining high tenant satisfaction.

The successful candidate will report to the President and Chief Executive Officer; serve on the senior leadership team; and supervise key teams including Facilities Maintenance, Operations, Security, Architecture, and Event Services as well as our outsourced property management companies. The VP of Property Management will collaborate with all leadership teams.

**Estimated Salary:** $125,000-140,000 annually

Key Responsibilities:
  • Strategic Asset Planning: Develop and implement asset management strategies and assess the portfolio for growth opportunities.
  • Financial Analysis & Management: Analyze financial data for asset performance and manage budgeting to ensure cost-effectiveness.
  • Risk Management: Identify risks and develop strategies to safeguard investments.
  • Team Leadership: Lead and mentor a team of asset and property management professionals (staff and outsourced property management companies)
  • Stakeholder Communication: Provide performance updates and maintain relationships with stakeholders and organizational leadership.
  • Tenant Relations: Foster positive relationships with tenants, addressing concerns and ensuring satisfaction.
  • Compliance and Regulations: Ensure adherence to regulations and manage insurance claims.
  • Portfolio Optimization: Enhance portfolio performance through effective leasing and operational policies.
  • Vendor Management: Oversee relationships with third-party vendors to ensure quality and cost-effective services.
  • Technology Integration: Stay informed about industry trends and integrate relevant technologies to improve management processes.
Qualifications:
  • Bachelor's degree in Business, Real Estate, or related field.
  • Experience in commercial asset and property management
  • Strong financial analysis, budget management, and leadership skills.
  • Excellent communication and negotiation abilities.
  • Proficiency in property management software and databases.
  • Familiarity with NYS/NYC regulations and compliance standards


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