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Empire State Development · 2 days ago

Vice President, Real Estate

New York, NY

Full-time

Hybrid

Director/Executive

$145K/yr - $155K/yr

7+ years exp

Empire State Development is seeking a Vice President of Real Estate to oversee a team of project managers for statewide real estate development projects. The role involves strategic direction, managing relationships with stakeholders, and executing real estate transactions.

Business DevelopmentGovernmentTraining

Responsibilities

Oversee a team of project managers and provide direct oversight, support in executing all phases of real estate development projects, and skill development and training

Supervise multidisciplinary ESD project teams tasked with planning, financial underwriting, securing entitlements, transaction document drafting and negotiating, public outreach, and disposing of underutilized State properties to facilitate large-scale housing, economic development, and open space projects throughout NYS

Execute real estate transactions including crafting term sheets and negotiating transactional documents such as ground leases, purchase and sales agreements, and PILOT payment structures

Manage relationships with public and private parties involved in ESD’s real estate development projects including landlords/landowners, developers, architects, urban planners, financial consultants, engineers, appraisers, title abstract companies, attorneys, environmental consultants, State and municipal agencies, and others

For portfolio properties ranging from a single development to a sitewide master plan, provide strategic direction in the shaping and implementation of community engagement processes, conducting programmatic, design, and financial site feasibility analysis, drafting of Request for Proposals and subsequent proposal evaluation and designation, and structuring of transactions

Collaborate with department leadership in developing and executing political and press strategies

Support department leadership in strategic planning activities and formulation and implementation of department policies and procedures

Some travel may be required

Perform other duties as assigned

Qualification

Real estate developmentFinancial underwritingProject managementUrban planningEconomic developmentCommunity engagementExcel proficiencyLeadershipCommunication skillsProblem-solvingCollaborationAttention to detail

Required

Bachelor's degree required

7+ years of experience in at least one of the following fields: real estate, finance, economic development, affordable housing, urban planning, public administration or related field

3+ years of supervisory and management responsibility

Strong quantitative skills and financial underwriting

Excel proficiency

Strong demonstrated written and oral communications and presentation skills

Ability to 'set up the problem', manage projects against tight timelines, and work well in teams

Ability to look at the big picture and search for insightful, creative solutions

Ability to prioritize among competing needs and opportunities

Enterprising and resourceful, organized and results oriented

Energetic, pro-active, collaborative and strategic

Knowledge of New York State and/or general issues relevant to economic development