Associate, Development

Job Location: 1345 6th Avenue, 18th Floor, New York, NY 10105

About the Role

Coordinate all planning approvals to ensure they are obtained within the required timeframe and budget. Track and closely monitor all project costs to ensure completion within budget. Oversee the preparation of monthly project updates for tracking with Development Manager and stakeholders.

Responsibilities

• Provide input and collaborate with Investment Team counterparts for investment committee presentations.
• Perform due diligence of prospective direct developments and development partners.
• Participate in vetting, managing, and supporting development partner relationships.
• Review development proposals and all development components prior to deal closing, including performing development cost analyses, pre-acquisition checklists, plan reviews, and due diligence checklists.
• Manage all third-party providers including architects, engineers, consultants, developers, and contractors to ensure alignment with the objectives of the Company and its partners and stakeholders.
• Support proactive oversight of third-party development projects to ensure on-time and on-budget completions.
• Oversee development guidelines for various municipalities, including general plan guidelines, zoning regulations, and other critical regulations.
• Review site and building design documents.
• Lead and manage land development, entitlements, and permitting.
• Organize and create development tools including schedules, budgets, and programs.
• Provide standardized, ongoing, and accurate reporting of development and construction activity to ensure projects are on time and on or under budget.
• Analyze, collect, and present data as needed or required by partners and stakeholders with respect to construction and development projects.
• Understand, articulate, and support revenue and cost-related project milestones.
• Organize and categorize development guidelines for various municipalities, including general plan guidelines, zoning regulations, and other critical guidelines/regulations.
• Visit, inspect, and problem-solve complex issues in the field.
• Use project tracking tools including Microsoft Project and Procore.
• Apply experience with financial modeling, feasibility analysis, and budget tracking for real estate development projects.
• Apply understanding of local, state, and federal real estate regulations, zoning laws, and permitting processes.

Requirements

• Bachelor’s degree or foreign equivalent in Real Estate, Business, Architectural Design, or Construction Management.
• 2 years of experience in the job offered or a related occupation, applying knowledge with project tracking tools including Microsoft Project and Procore.
• 2 years of experience with financial modeling, feasibility analysis, and budget tracking for real estate development projects.
• Understanding of local, state, and federal real estate regulations, zoning laws, and permitting processes.
• 25% domestic and international travel required.