Sr. Leasing Associate
Macdonald & Company
We are seeking a highly motivated and strategic Sr. Leasing Associate to join our client in New York City. They are a privately held New York-based owner, operator, and developer of office and mixed-use real estate. This role is central to managing a curated tenant demographic, driving revenue, maximizing occupancy, and executing leasing strategies across a premier office portfolio. The Sr. Leasing Associate will be based in New York and is a full-time, in-office position. Key Tasks Leasing and Deal Execution Negotiate deal structures and lease terms; prepare and present proposals for new, renewal, and expansion tenants. Draft, review, and negotiate Letters of Intent, lease documents, sublease agreements, and commission agreements in close coordination with in-house and external legal counsel, ensuring compliance with company policies and risk management standards. Lead presentations and customized tours of office space for prospective users, tenant representatives, and decision makers, highlighting amenities and unique building features. Read, analyze, and negotiate complex lease and sublease documents, commission agreements, and other legal agreements in conjunction with in-house and outside counsel. Financial Analysis and Reporting Conduct detailed financial modeling and analysis for all aspects of leasing transactions using Excel and industry-standard net effective rent databases; prepare and review brokerage and deal calculations. Analyze, prepare, and implement business plans for assigned portfolio(s) in line with established leasing goals, revenue targets, and occupancy objectives as set by Leasing leadership and executive management. Support periodic portfolio valuations, rent roll analysis, budget preparation, and reporting for senior management as needed. Maintain, update, and audit leasing activity, pipeline, and comparable transaction databases to ensure data accuracy and support decision‑making. Marketing and Business Development Oversee and execute leasing and marketing initiatives, including the supervision and coordination of activities for exclusive brokerage teams and third‑party consultants. Stay current on market intelligence, including absorption rates, competitive building positioning, market trends, tenant movements, comparable transactions, and relevant news; prepare and distribute regular market and pipeline reports with actionable insights. Tenant Relations and Retention Develop and nurture strong, proactive relationships with existing tenants to support retention, satisfaction, and identify expansion or renewal opportunities; respond promptly to tenant inquiries and resolve issues in partnership with Property Management. Champion best‑in‑class tenant experience, maintaining high standards reflective of Class‑A office environments, and actively solicit feedback to drive continuous improvement. Cross‑Functional Collaboration Participate in weekly cross‑functional meetings between Leasing, Construction, Property Management, and Asset Management teams to ensure alignment, share updates, and facilitate seamless execution throughout the leasing and tenant build‑out process. Coordinate with building management and construction teams to ensure timely delivery of tenant spaces, including oversight of tenant improvement projects, punchlists, and space readiness for occupancy. Compliance, Due Diligence, and Administration Conduct due diligence on current and prospective tenants, including financial review and background checks, and support leasing diligence for new acquisitions and dispositions. Monitor and ensure compliance with all local, state, and federal regulations related to commercial leasing and tenant fit‑out. Assist in the preparation, review, and accuracy of lease abstracts and critical date tracking. Qualifications 3–7 years of commercial office leasing, brokerage, or related experience. Strong financial acumen with demonstrated experience underwriting and structuring commercial lease transactions. Knowledge of the Manhattan office market strongly preferred. Ability to manage multiple transactions simultaneously in a fast‑paced environment. Exceptional analytical, negotiation, and problem‑solving skills. Strong written and verbal communication skills with the ability to interface confidently with senior leadership, tenants, and brokerage professionals. Experience with VTS, Yardi, or MRI preferred. Advanced proficiency in Microsoft Excel and Microsoft Office Suite. Willingness and ability to travel as needed. Compensation In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package. #J-18808-Ljbffr
$24 per hour
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