Coop/Condo - HDFC Property Manager

Job Description

Job Description

Job Description Coop and Condo Property Manager

Experienced Property Managers: If a fast-growing company with an opportunity for career growth and a profit-sharing model interests you, then look no further. If you appreciate tech minded solutions and a desire to disrupt outdated methods of property management then let’s talk.

Esra is a full-service Real Estate Company celebrating 100 years in business (1925-2025). The management division is fast growing and has more than doubled in size each year, for the last two years. Our footprint is 3 boroughs of NYC and heavily concentrated in the Upper West side and Harlem. We have invested in the company infrastructure and are looking forward to continued growth for years to come. 

Coop and Condo Property Manager (PM) is an integral part of our building management team and the foundation of our success. PM will manage the daily operations of properties, interact with owners/board members, and handle resident relations. The PM’s responsibilities include managing financial matters, interacting with vendors and employees, and coordinating with other members of the management business to ensure building operations are running optimally.

To be successful as a PM you should be able to ensure efficient daily operations and meet financial objectives. Ultimately, an outstanding PM should be able to increase property value and satisfy resident requirements.

Job Overview 

This role is for Cooperative and Condo Management. The portfolio of properties include condo, free market co-op, and HDFC co-op buildings. Building sizes vary from as little as 5 units to over 100 units.

Our property managers are responsible for 

• Day to Day interaction with board members, unit owners, shareholders, and residents of managed buildings.
• Directly Responsible for all functions of effective management that include
• Management of building staff and vendors who service the property
• Decision making based on annual budget, and adhering to existing spending guidance
• An understanding of financial reporting, monthly management reports, budget vs actual reporting, and an overall ability to understand healthy fiscal operations
• Interacting with building professionals in all disciplines including accounting, legal, and engineering
• Reviewing and approving bill pay and providing financial oversight for all vendor invoicing.
• Supervise interactions with team members and external providers for
• Compliance with Local Laws and city agency code including but not limited to HPD, DOB, FDNY and DOMHAH
• The process of Violation removal and certifying work to be complete. 
• Monitoring and tracking permits for open jobs and insurance for active vendors
• Understanding and knowledge of open repairs and ensuring compliance with building rules and regulations.
• Ability to
• Lead a monthly board meeting
• Manage an ongoing capital improvement project by organizing various trades and monitoring their work on various scheduled intervals. 
• Organize multiple bids for a project, identify the best candidate, and effectively manage the process of a building repair or improvement

Key Skills

Effective communication is the life blood of any organization. With that in mind we pride ourselves on structuring our relationships, technology, and interactions for optimal success. Key skills needed include

• Ability to organize your day to manage various communication platforms like email, text message, and internal chat
• Understanding the difference between effectively solving problems and getting things off your plate
• The ability to deal with residents and board members and provide quality service
• Effective communication via monthly board meetings and written correspondence

Property Manager Requirements:

High school diploma/GED.

Bachelor’s degree in real estate, property management, business administration or related field preferred.

Experience in real estate 5-7 yrs and as a Property Manager or in a similar role for at least 2-4 yrs.

At least 2 years of experience working with NYC Cooperatives and Condos

Working knowledge of NYC property regulations.

Proficiency in Microsoft Office and property management software.

Understanding of basic marketing and accounting principles.

Strong organizational and time management skills.

Excellent communication and negotiation skills.

Good customer service skills

Availability for evening meetings with owner or board

Frequent travel to and from the properties is expected. A driver’s license and access to a car is preferred