Internship

Summer Intern

Real Estate Transaction Services

Posted on 10/30/2024

New York City Economic Development Corporation

New York City Economic Development Corporation

501-1,000 employees

Supports community development and job creation

Government & Public Sector
Social Impact

Compensation Overview

$19 - $24Hourly

New York, NY, USA

Category
Real Estate
Real Estate Development
Real Estate Finance
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Preferred field(s) of study: real estate, finance, urban planning, business, government
  • Must be enrolled in an undergraduate or graduate degree program; recent graduates are also encouraged to apply
  • Demonstrated enthusiasm for the mission of NYCEDC
  • Demonstrated written, verbal, and analytical skills
  • Demonstrated experience in using database and presentation tools, including Excel, PowerPoint, and Word
  • Detail-oriented and organized, with the ability to multi-task and manage deadlines
  • Ability to work in collaborative, cross-functional teams
  • Ability to work full-time, Monday-Friday 9AM-5PM and complete the entirety of the 10-week program
Responsibilities
  • Build and maintain detailed financial models of major New York City development projects
  • Support teams administering multiple real estate and/or economic development transactions
  • Draft materials to support negotiations of contracts of sale, leases, and funding agreements
  • Prepare site development and project feasibility analyses
  • Support project teams in managing requests for proposals
  • Collaborate with colleagues in other divisions in NYCEDC, such as Legal, Planning, and Government & Community Relations
  • Manage professional communications with real estate developers, attorneys, consultants, and staff from City agencies
New York City Economic Development Corporation

New York City Economic Development Corporation

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New York City Economic Development Corporation focuses on enhancing the economic vitality of neighborhoods in New York City. The organization engages in various initiatives aimed at developing industries and businesses, which includes providing training and skill-building programs to equip residents with the necessary tools for employment. Additionally, it invests in essential infrastructure to support community growth. Unlike other organizations, it emphasizes collaboration with local communities to ensure that its efforts align with their specific needs. The primary goal is to create good jobs and strengthen neighborhoods, fostering a more prosperous environment for all residents.

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1991

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Digital game design incubators attract tech talent and foster innovation in NYC.
  • Partnership with OpenAI positions NYC as a hub for AI startups.
  • Atlantic Aviation's agreement extension boosts eco-friendly transportation initiatives.

What critics are saying

  • Competition from cities like Los Angeles could attract businesses away from NYC.
  • Maintaining long-term partnerships is challenging, as seen in delayed projects.
  • Rising demand for tech talent may increase costs for NYCEDC's initiatives.

What makes New York City Economic Development Corporation unique

  • NYCEDC partners with NYU-led incubators to foster innovation since 2009.
  • The Pilots at BAT program integrates climate innovation into urban development projects.
  • NYCEDC collaborates with OpenAI to enhance NYC's AI startup ecosystem.

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