Compensation Overview

Position Overview: The Associate is responsible for managing assets and projects in the Ports, Waterfront and Transportation (“PWT”) Portfolio, a diverse set of New York City’s transportation, commercial, industrial, and working waterfront assets. The Associate’s scope of work includes asset planning, business development, lease administration, project management, portfolio budgeting and forecasting, tenant relations, vendor management and stakeholder engagement. The Associate may work on initiatives such as the development of New York City’s offshore wind (“OSW”) industry, which includes the redevelopment of the South Brooklyn Marine Terminal (SBMT) to serve as the City’s first hub for OSW staging and assembly, operations and maintenance, and power interconnection as well as other potential sites to advance NYCEDC’s OSW initiative. The Associate will also provide support to the other portfolio and asset managers within the PWT group as needed to expand, maintain, and manage New York City’s 520 miles of waterfront and NYCEDC’s freight and maritime asset initiatives. 

Essential Duties & Responsibilities:

• Serve as the primary point of contact for the asset-based initiatives in the PWT Portfolio (which may include OSW and marine freight initiatives). Responsibilities include lease administration, tenant relations, property management, project management, procurement, negotiations, and business development initiatives.
• Oversee landlord’s design and construction activities for the portfolio as required.
• Prepare annual portfolio operating budgets and track actual portfolio performance compared to the approved budgets.
• Lead internal and external teams in securing funding for design and construction projects, including identifying funding opportunities and preparing applications for such funding.
• Develop and manage near-term and long-term asset plans for assets in the PWT Portfolio.
• Support the activation of City assets or EDC-managed properties for EDC’s goals, as needed.
• Collaborate effectively with internal and external stakeholders.
• Build and maintain professional relationships that support project and organizational goals.
• Lead and influence project teams to achieve desired outcomes.
• Contribute to the completion of specific projects across the PWT group.
• Assist the Portfolio Managers across the PWT Group, as needed.
• Work across the PWT portfolio on freight and maritime initiatives to expand New York City’s waterfront and landside freight.
• Collaborate with EDC Legal (including the City’s Law Department), Contracts and Budget teams to advance ongoing and new projects.
• Interpret and apply NYCEDC policies and procedures accurately.
• Other duties as assigned.

Qualifications:

• Bachelor’s Degree and at least 1 year of experience in transportation, logistics, maritime, cruise, freight, real estate development, asset management, construction management, management consulting, urban planning and/or economic development. At least 2 years of experience in a related field preferred. 
• Experience with asset/property management, lease administration, and tenant relations preferred.
• Demonstrated project management skills with attention to detail and creativity.
• Proven analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information accurately.
• Strong quantitative skills, including experience with Excel for budgets or financial statements. Financial modeling is a plus.
• Demonstrated verbal and written communication skills. Ability to communicate effectively and independently across all levels of the corporation.
• Ability and willingness to deliver presentations.
• Demonstrated interest or experience in New York City, economic development, real estate, maritime, renewable energy, transportation, and infrastructure issues preferred.
• Proficient in Microsoft Office.
• New York City real estate experience preferred
• Experience and fluency with MRI property budgeting software (or similar products, such as Yardi) preferred.
• New York City residence is required within 180 days of hire