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L+M Development Partners LLC · 1 day ago

Assistant General Manager 2 (On-site)

Brooklyn, NY, USA

Full-time

Onsite

Mid, Senior Level

$78K/yr - $94K/yr

2+ years exp

L+M Development Partners LLC is an industry leader in management and real estate operations, overseeing a large portfolio of residential properties. They are seeking an Assistant General Manager to assist in operational oversight, ensuring compliance and performance while managing various responsibilities related to property management.

ConstructionProperty ManagementReal Estate

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Supports the GM with the implementation of regulatory compliance efforts and leasing coordinated efforts (i.e., continuous occupancy management, logistical coordination of move-ins/vacates/turnover)

Oversees and implements site-specific operational policies and procedures to ensure maximum performance by all employees

Responsible for the implementation of regulatory compliance efforts and leasing coordinated efforts (i.e., continuous occupancy management, logistical coordination of move-ins/vacates/turnover)

Supports and effectively manages on-site LIHTC and/or Section 8 administration and compliance

Oversees payroll and paid time off for site-employees, and monitor staff overtime

Plans, executes, and enforces site-specific operational policies and procedures to ensure maximum performance by all employees

Oversight and follow-up on all violations issued by City, State and Federal agencies

Procure all vendors, services and necessary materials transparently and in accordance with C&C policies and procedures, and ensure that spending is aligned with budget projections, and actively reviews and approves invoices

Mitigation and aggregation of pre-acquisition Housing Quality Standards (HQS) violations, which include uploading completed NE-2 forms onto the Division of Tenant Resources (DTR) portal

Oversee implementation and effectuation of all resident A/R collections + legal arrears process

Oversight of rent collection and resident arrears outreach follows guidelines issued by NYCHA, as applicable

Work with counsel and other parties on tenant arrears, insurance matters and other legal issues as they arise

Actively pursue tenant arrears and initiates non-payment proceedings

Oversee BAEZ (mold survey & remediation) mitigation + reporting process as required by NYCHA reporting requirements

Closely monitors, and supervises staff responsible for all trackers required by C&C management, NYCHA, government entities, partners, etc

Oversees the coordination with Builders on construction and resident relocation, as applicable

Historical tracking and monitoring of monthly resident outreach notifications, working closely social services, community affairs and community leader teams

Responsible for preparing and submitting of NYCHA related reports no later than the 5th of each month as a NYCHA requirement

Work closely with Development + L+M Builders teams as well as interface with related partners, stakeholders and ownerships groups

Responsible for enacting and enforcing organizational initiatives/SOPs

Closely monitors performance of their direct reports and coordinates with HR on progressive disciplinary measures

Plays a critical role with development team(s) in executing both short- and long-term initiatives/strategies across both the residential and retail components

Oversees incident reporting efforts – ensuring that all parties (site-security, leadership, insurance and legal teams) are engaged, and details are properly recorded

Manages the violation process until completion

Oversees and ensures that all CAM charges/allocations, multi-entity cost-sharing allocations, AR/AP, MOR variance explanations, operating and CAPEX budget-preparation are effectively handled

Supports the leasing team on any/all renewal, lease termination and/or lease negotiations

Liaise with Community Affairs to ensure resident feedback is incorporated into property operations and supports any/all L+M/C&C Community Affairs initiatives, with social services team/agencies to support the at-risk residential population and residents as needed

Maintains full accountability and plays a direct leadership role in supervising agency-specific regular inspections (i.e. REAC, MOR, API, etc.)

Works closely and collaborate with Asset Management team as well as any/all partners, stakeholders, and co-developers to drive additional value and control expenditures

Manages all CAPEX projects – working closely with AM, builder’s group and RM on bidding/leveling and execution of contract docs

Manages retail/commercial operations pursuant to the lease agreements

Manages the unit turnover process - include bid-leveling, estimating, and awarding process

Strategizes and logistically coordinates (operationalize) major projects/initiatives and/or PILOT programs as trend-setters for the larger portfolio

Engages and serves as direct point of contact for Agency Officials/Representatives (i.e., HPD, HCR, DCA, NHA, HMFA, ESDC, HUD, NYCHA etc.)

Coordinates BBRI, OCAF, MU2M efforts – at times, directly handling the submissions

Conduct property inspections to verify work performed by maintenance staff and identify areas that may need additional attention

Ensure that staff are trained in all required applications and other tools required to perform their duties. Similarly, confirm that staff understand their roles and responsibilities and that they can achieve desired results

Attend Tenant Association meetings as necessary

Works closely with security team on security-related initiatives

Qualification

YardiRegulatory ComplianceProject ManagementBuilding FinanceCustomer ServiceMicrosoft OfficeBuilding System KnowledgeResidential Housing Experience

Required

2+ years of experience in Property Management Operational role(s) with a college degree -or-

3+ years of experience in direct APM/AGM role at similar scale/scope properties without a college degree

Must be proficient in Microsoft Office applications

Proficiency in Yardi required

Must have experience in residential housing (market-rate and/or affordable) and regulatory compliance

Strong understanding of Building Finance and PM-specific Financial Reporting

Strong understanding of Regulatory Compliance (Rent-Stabilization/Fair Housing/Section 8, etc.)

Building system knowledge required

Must have project management experience

Must possess exemplary customer service skills

Must display ability to complete tasks/projects on-time

Preferred

Bachelor's degree preferred or a combination of work experience, education and professional designations, certifications

Preferred Certifications: RAM, ARM, AHM, LIHTC and CPM

Company

L+M Development Partners LLC

At L+M Development Partners, working together to build stronger communities is our mission.

Founded in 1984

Larchmont, New York, USA

201-500 employees

http://lmdevpartners.com/

H1B Sponsorship

L+M Development Partners LLC has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2023 (1)

2021 (1)