Junior Real Estate Development Manager
GET TO KNOW US:
Increasingly recognized as one of the most active and innovative developers in New York City, New Empire Corp (NEC) successfully renovated, built, and developed more than 100 mixed-use residential multifamily and hotel real estate projects in premier locations throughout New York City since its founding in 1997. NEC offers in-house expertise that spans the full range of real estate disciplines—from the sourcing and analysis of target properties to zoning, capital-raising, architecture and design, construction management, marketing, and property management.
Position summary:
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Manage broad aspects of the Development process for projects in NYC inclusive of land acquisition, planning and design, securing entitlement/zoning approvals, project due diligence and scheduling, RFP client management, project budgeting/underwriting and project reporting
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Lead Real Estate Development project, including coordination with Design Architects, Filing Architect, General Contractor, Engineers, Consultants, & Marketing teams
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Set up and ensure Development schedule, report monthly on Project status, and as administrative role for development personnel on the projects
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Research, target, and assist in acquisition of assets
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Develop and monitor project schedules and milestones from Design Development to Construction Document phases
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Manage Project due diligence process for land acquisition and development
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Responsible for preparing design, development and financial solutions for projects
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Assist in creating and maintaining detailed development budgets and cash flow projections (GMP and/ or Lump Sum budgets)
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Oversee project funding and disbursement requirements. Track bank requisitions and payments.
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Generate leads.
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Establish and maintain business relationships.
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Understand and keep up with current market trends and property sales forecast
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Negotiate with neighbors for license access agreements, adjacent property protection, and easement agreements. Understand legal rights of Developers and adjacent property owners.
Position requirements:
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The offices are located in Brooklyn Sunset Park and 41st & Lex. Be able to travel throughout NYC to our construction development projects.
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Experience in Real Estate is a MUST
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Preferred Candidates to have 1-3 years of experience in Real Estate Development in NYC
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Preferred Candidates to speak bi-lingual in Chinese-Mandarin or Cantonese
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B.S. or B.A. in Real Estate Development and/or B.S. Degree in Architecture or Urban Planning or equivalent experience in years & portfolio of project submissions
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Real Estate Development background preferred
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Strong MS Office Skills including MS Project and Excel
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Autocad and Sketch up experience preferred
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DOB Experience preferred
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Strong working knowledge of building design, development and project management processes and procedures, scheduling, budgeting, and program implementation
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Experience with financial underwriting of similar project budgets and proforma
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Must be organized and meticulous with a proactive and collaborative approach to completing projects and meeting deadlines
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Excellent verbal and written communication skills
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Ability to handle multiple projects simultaneously
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Willing to travel in the boroughs of NYC
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Strong written and oral communication skills
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Fluency in English and Chinese