Vice President of Property Management - Bedford Stuyvesant Restoration
Brooklyn, NY 11216
About the Job
We are looking for a Vice President of Property Management to lead our team in optimizing commercial real estate, primarily at the Restoration Plaza campus and additional off-site locations. This role involves developing strategies to maximize returns, minimize risks, and ensure long-term financial health while supervising daily operations and maintaining high tenant satisfaction.
The VP of Property Management will report to the President and Chief Executive Officer; serve on the senior leadership team; and supervise the Facilities Maintenance Manager, the Operations Manager, Security Director, Architect and the Event Services Director as well as our outsourced third-party property management companies. The VP of Property Management will liaise with all leadership teams.
Salary Range: $125,000-140,000 Annually
Key Responsibilities:
Strategic Asset Planning: Develop and implement asset management strategies and assess the portfolio for growth opportunities.
Financial Analysis & Management: Analyze financial data for asset performance and manage budgeting to ensure cost-effectiveness.
Risk Management: Identify risks and develop strategies to safeguard investments.
Team Leadership: Lead and mentor a team of asset and property management professionals (staff and outsourced property management companies)
Stakeholder Communication: Provide performance updates and maintain relationships with stakeholders and organizational leadership.
Tenant Relations: Foster positive relationships with tenants, addressing concerns and ensuring satisfaction.
Compliance and Regulations: Ensure adherence to regulations and manage insurance claims.
Portfolio Optimization: Enhance portfolio performance through effective leasing and operational policies.
Vendor Management: Oversee relationships with third-party vendors to ensure quality and cost-effective services.
Technology Integration: Stay informed about industry trends and integrate relevant technologies to improve management processes.
Qualifications:
Bachelor's degree in Business, Real Estate, or related field.
Experience in commercial asset and property management
Strong financial analysis, budget management, and leadership skills.
Excellent communication and negotiation abilities.
Proficiency in property management software and databases.
Familiarity with NYS/NYC regulations and compliance standards
Preferred:
Certification by Novogradac or Quadel.
Bedford-Stuyvesant Restoration Corporation, founded in 1967, is the nation’s first community development corporation nestled in the heart of Central Brooklyn in Bed-Stuy. Located at Restoration Plaza, a 300,000 square foot commercial complex that offers a mix of retail, dining, recreation and entertainment, this historic organization is steeped in its mission to close the racial wealth gap. We provide direct services across an economic mobility platform centered on workforce development, affordable housing/homeownership, community revitalization, small business development and arts and culture to 60,000 people annually.
Benefits (Full time)
Health/medical, dental and vision coverage, 12 paid holidays, a generous PTO bank of 4 weeks, paid sick leave, employee discount program, employee assistance program, commuter benefits programs, and other forms of leave and benefits.
Application Process:
Please include a resume and cover letter outlining your interests and qualifications when applying for this position. (may include other requirements, e.g accomplishments, certifications, etc.)
This job description does not represent a complete, comprehensive list of all duties and responsibilities of this position; other duties and unplanned activities may be required.
Bedford Stuyvesant Restoration Corporation, its board members, President & CEO, executives and employees are committed to providing equal employment opportunities for all persons regardless of race, creed, color, national origin, sex, ethnicity, gender identity or expression, religion, source of income, sexual orientation, age, disability status, marital status, citizenship status, familial status, military status, domestic violence victim status, predisposing genetic characteristics, employment status, arrest or conviction record or any other characteristic protected by federal, state or local law. Equal employment opportunities extend to all aspects of the employment relationship, including hiring, transfers, promotions, training, terminations, working conditions, compensation, benefits, and other terms and conditions of employment.
Anti-Nepotism Policy: Bedford Stuyvesant Restoration Corporation is committed to a policy of employment and advancement based on qualifications and merit and does not discriminate in favor of or in opposition to the employment of relatives.
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