New York City Economic Development Corporation · 4 days ago
Vice President, Manhattan, Commercial & Industrial
New York, NY
Full-time
Onsite
Director/Executive
$130K/yr - $135K/yr
8+ years expNew York City Economic Development Corporation is dedicated to fostering a vibrant and inclusive economy for all New Yorkers. The Vice President of Manhattan will oversee the management of the Manhattan Portfolio, driving strategic initiatives and operational excellence while engaging with community stakeholders to enhance economic growth and sustainability.
Business DevelopmentFreight ServiceLogisticsNon Profit
Responsibilities
Lead the development and execution of a comprehensive strategic vision for the Manhattan Portfolio, ensuring alignment with NYCEDC’s broader goals of economic development, sustainability, and community impact
Oversee all aspects of the portfolio, including strategic planning, development, and operations, to maximize its economic potential and community benefits
Evaluate and then execute upon opportunities for redevelopment within the portfolio, planning for RFPs and/or capital projects to modernize, expand or reposition assets. This includes developing the financial underwriting of proposed investments and managing team members in building financial models
Manage the cadence of asset management duties, including consistent tenant communications, monthly portfolio meetings to reconcile management budgets, review lease pipelines, plan for lease expirations, evaluate tenant financial reports, manage arrears and collections, investigate insurance issues, advise on any ongoing litigations and other regular asset management tasks
Direct the preparation of various contracts, requests for proposals (RFPs), and reports according to company and management expectations and guidelines and consult with Senior Management as directed regarding preparation of key correspondence and investment memoranda
Develop and implement a strategic leasing plan to optimize occupancy and revenue across the portfolio
Cultivate strong relationships with current and prospective tenants, ensuring high satisfaction and retention rates
Negotiate lease agreements and manage tenant relations to align with NYCEDC’s objectives and community needs
Serve as the primary liaison with community leaders, city officials, and other stakeholders to foster partnerships, secure funding, and support initiatives that benefit the Manhattan communities
Lead community engagement efforts to ensure that the portfolio’s initiatives align with the needs and priorities of local community
Manage the portfolio’s financial performance, including P&L responsibility, budgeting, financial forecasting, and capital planning
Develop and oversee financial processes to enhance profitability, cost-effectiveness, and long-term sustainability of the portfolio
Lead, mentor, and develop a multidisciplinary team, fostering a culture of innovation, collaboration, and professional growth
Build team capabilities to support the strategic objectives of the Manhattan Portfolio and the broader NYCEDC mission
Train, manage and oversee junior staff to execute on real estate finance, communications (including presentations), project management, asset management and negotiations
Qualification
Required
Degree in Business Administration, Real Estate Development or Finance or related field is required
Minimum of 8 years in leadership roles within real estate or asset management, including at least 2 years of direct management experience
Experience in commercial real estate development, asset management, private equity, management consulting, economic development and/or related field
Proven track record in strategic planning, financial management, and operations with significant leadership experience in managing large-scale, complex projects, or within significant organizational divisions
Demonstrated organizational, communication, and negotiation skills
Evidence of strategic decision-making and a track record of successful project completions, knowledge of industry standards, and familiarity with relevant technologies and methodologies
Proficiency in financial and property management planning, policies, and ERP systems
Financial fluency and acumen, including budget preparation, capital planning, management of P&L or operational experience in overseeing design development, project delivery, and or facility operations
Experience with enterprise resource management and large and complex, or blue-chip client organizations active in large real estate portfolio management or development
New York City residence is required within 180 days of hire
Preferred
Master's degree in similar focuses is preferred
Experience with New York City, public-private partnerships, municipal projects, or large-scale urban development is preferred
Benefits
Generous employer subsidized health insurance
Medical, dental, and pharmacy plans
Vision and hearing benefits
Flexible spending accounts for healthcare and dependent care
Short term and long-term disability coverage
100% employer covered life insurance and supplemental life insurance coverage
Up to 25 vacation days
Floating Holidays and Summer Fridays
Parental leave - up to 20 paid weeks
Retirement savings programs
Company-paid 401(a) defined contribution plan
457(b) tax-advantaged retirement savings plan
Tuition Reimbursement program
Continuing education and professional development
Public Service Loan Forgiveness (PSLF) eligible employer
College savings plan
Backup childcare
Gym membership discounts
A Calm.com membership for mindfulness and mental health support
Employee discounts through Plum Benefits and much more
Company
New York City Economic Development Corporation
New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jeanny Pak
Chief Financial Officer
Melissa Román Burch
Chief Operating Officer
Recent News
ImpactAlpha
2025-11-05
News is my Business
2025-10-23
Crain's New York Business
2025-09-22
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