Assistant Vice President, Real Estate Transaction Services

The role

Assistant Vice Presidents shape real estate transaction strategies by leading junior staff and managing projects. They guide project management, financial analysis, and the negotiation of legal agreements for real estate transactions.

What you will do

• Apply advanced knowledge of real estate concepts to support project strategy and decision-making
• Manage aspects of competitive developer selection processes
• Draft RFPs, review proposals, and negotiate term sheets
• Build, interpret, and review complex financial models in Excel
• Collaborate with legal teams to interpret, assess, draft, and negotiate transaction-related legal documents
• Incorporate feedback from senior team members to enhance technical deliverables
• Anticipate next steps in transactions and propose strategies to move deals forward
• Lead discussions and meetings with other departments, external teams, and EDC Leadership

Required qualifications

• Bachelor's degree required
• 5 years of experience in relevant field (finance, real estate development, urban planning, public policy, related City or State agency)
• Proven track record of advancing projects in challenging environments
• Knowledge and understanding of NYC government and real estate processes and land use approvals
• Familiarity with real estate transaction documents, such as ground leases and contracts of sale
• Proven strength in financial modeling and fluency in Excel
• Demonstrated experience in real estate market research using market databases such as CoStar or Compstak
• Proven ability to lead junior staff
• Proven skills in project management, interpersonal dynamics, and written/oral communication
• Ability to prioritize competing needs and opportunities
• Possess a strong sense of professional judgment and ability to solve problems creatively

Nice to have

• Graduate degree in real estate development, public policy, urban planning, business, finance or law
• 3 + years in real estate development

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

Before you apply

• New York City residence is required within 180 days

About the company

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.