Vice President, Asset Management, Portfolio Management (MADE/MiNY)
New York City Economic Development Corporation
New York, New York, United States Our Vision : To make New York City the global model for inclusive innovation and economic growth, fueled by the City’s diverse people and businesses. Our Mission : Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers. NYCEDC’s Portfolio Management department within the Asset Management division manages the overall strategy for conventional and non-traditional assets across all five boroughs of New York City. The portfolio includes commercial real estate properties as well as transportation, port assets, critical infrastructure, and energy assets. As a mission-driven organization, NYCEDC targets not just economic returns but also multiple social metrics, including, but not limited to, job creation and growing equitable neighborhoods. Sunset Park is a critical hub due to its extensive industrial waterfront and has evolved from traditional manufacturing sites to modern innovation and production spaces, attracting a range of businesses from startups to established companies in technology, design, and artisanal manufacturing. The neighborhood’s waterfront location offers substantial development and sustainability opportunities for commercial, industrial, maritime, and logistics businesses, further boosting its role as a vital economic engine in New York City. The strategic development and revitalization efforts in Sunset Park not only aim to preserve its rich cultural heritage but also to stimulate economic growth and quality of life for its residents, making Sunset Park a crucial part of New York City’s future. PositionOverview: TheVice Presidentis responsible forimplementingavisionandstrategyfortheequitabledevelopment, repositioning,andassetmanagementofBush TerminalNorth and South (MADE/MiNY). The VP will advance placemaking and activation initiatives to help animate the campus, attract new tenants and visitors, andmaintainand growMADE’s roleas an employment hub and valuable community asset. Working closely with Asset Management’sdesign and constructionand energy departments, the VP will also be a key player in majorcapitalimprovements that will implement comprehensive leaseholdand campusactivationto bring new spaceonline andadvance a state of good repair and energy efficiency.Additionally, the VP will oversee the vision and redevelopment of theMiNYcampus and Pier 6.The VP will have at least one direct report and manage several interdepartmental relationships to ensure the successful execution of the vision and strategy. This role will report directly to and work closely with the S VP of Sunset Park to oversee assets within the portfolio. Site Development, Design and Construction Oversight Identifyand collaborate on opportunities for redevelopment, including planning and executing RFPs and/or capital projects to modernize, expand or reposition assets. This includes developing the financial underwriting of proposed investments and building financial models. Lead campus master planning efforts by coordinating stakeholders, consultants, and leadership to develop and implement strategic plans for future campus growth and development. Serve as the owner representative for all external design and construction planning, coordination, and project execution, ensuring alignment withtheOrganization and Citygoals, budgets, and schedules. Identify, secure, and manage funding opportunities to support campus development, capital improvement projects, and long-term expansion initiatives. Campus Pr ogramming Development and Oversight Oversee tenant relationship management, including engagement, retention, and site activation strategies to support occupancy, tenant satisfaction, and long-term portfolio performance. Identify, cultivate, and manage strategiccampus programming to highlight business and community opportunities and engage local audiences. Budget Management and Oversight Prepare, review, andapproveannual operating budget, including revenue and expense projections. Develop andoverseemonthly management reports highlighting asset financial and operational performance. Monitor and manage operating expenses throughout the year to ensure alignment with approved budgets and financialobjectives. Marketing , Branding , and Stakeholder Engagement Oversee andmaintainthe asset's brand guidelines across all external communications, ensuring consistency in branded messaging, press releases, marketing materials, and other public-facing content. Identify, cultivate, and manage strategic Campus partnerships with local organizations, communitystakeholders, industry groups, and user communities to enhance campus visibility, strengthen ecosystem engagement, and drive programming, collaboration, and long-term impact. Represent the asset at industry events, stakeholder meetings, and other key forums by presenting project performance, strategic initiatives, and thought leadership through presentations, case studies, and best practice insights. Leasing and Operations Collaborate with VP of Leasing to advise on deal negotiations and execution for Campus portfolio, including leases, operating agreements, permits, and complex deal structures. Drive portfolio performance through tenant management, financial analysis, and lease administration of new and existing properties. Co-develop with VP of Leasing tenanting, marketing, and outreach strategies to maximize occupancy, revenue, and long-term asset value. Minimum Qualifications: 7+years of experience incommercial real estate development, asset management, private equity, management consulting, urban planning, economicdevelopmentand/or relatedfields Proven ability to develop, execute, and communicate strategic plans independently to diverse audiences Demonstrated project management skills with close attention to detail and a solutions-oriented approach Ability to communicate clearly and effectively, both verbally and in writing. Ability to analyze information and translate findings into actionable recommendations. New York City residence isrequiredwithin180 daysof hire Preferred Qualifications: Master’s Degree in Business Administration, Finance, RealEstateand other related fields Experience drafting, reviewing, and negotiation agreements and related documentation Demonstrated experience in construction oversight and property management, including direct work with property managers and tenants Experience with zoning and land use to evaluate development plans Market research and/or appraisal experience Salary Range
$145,000 - $150,000 USD
About Us : 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. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy . N YCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance . We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives: 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 Tuition Reimbursement program Continuing education and professional development Public Service Loan Forgiveness (PSLF) eligible employer College savings plan A Calm.com membership for mindfulness and mental health support Employee discounts through Plum Benefits and much more Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization. The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining , and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents. At NYCEDC, all applications are reviewed by our Talent Acquisition team and hiring managers. We do not use artificial intelligence (AI) tools to screen, evaluate, or make decisions regarding candidate resumes or applications. Each candidate is considered through a thoughtful, human-led review process to ensure equity , consistency, and alignment with the needs of the role. For more information, visit our website at edc.nyc . #J-18808-Ljbffr New York City Economic Development CorporationDo you want to receive more vacancies?
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