What are the responsibilities and job description for the Real Property Analyst - Albany, NY position at DASNY (Dormitory Authority - State of New York )?
Description
Duties Description
Primary Purpose
The Real Property Analyst assists particular DASNY clients in the purchase, lease or sale of property and/or facilities.
Essential Functions
Work independently with various DASNY Clients to identify, evaluate, and secure real estate including various residences and commercial spaces that will suit the unique needs. This will include but is not limited to individuals with physical disabilities, mental disabilities, and/or psychological conditions as identified by the OPWDD and OMH.
Evaluate sites based on the needs of the client population.
Track the status of ongoing projects to ensure that they are completed in a timely manner.
Negotiate the business terms of property leases. These terms include the services that the landlord will supply and the aspects for which the DASNY client agency will be responsible. Construction may also be incorporated into the terms of a commercial lease.
Draft and review lease agreements, within established program parameters, to help ensure that they are in proper legal form and have all necessary approvals and supporting documents.
Coordinate the tasks of various parties involved in the purchase or lease of property, within the New York State approval process. These parties include architects, engineers, appraisers, title abstract companies, landlords, landowners, attorneys, the State Attorney General’s Office, the State Division of the Budget, the Office of the State Comptroller, and client agency staff. Assist client agencies in the assessment and sale of surplus property.
May perform in-house real estate appraisals, rent studies or market research.
Complete formal appraisal reviews of appraisals and fair market rent studies to ensure they are completed in accordance with the Uniform Standards of Appraisal Practice and to ensure the value conclusions are adequately supported.
Periodically request real estate appraisals from Consultant Appraisers for Client Agencies; provide appropriate guidance in ensuring the proper appraisal methodology is used.
Resolve any property management issues that may arise between landlords and clients.
Other Duties And Responsibilities
May train and evaluate employees.
Assist with the development, documentation, and implementation of procedures.
Assist with the assessment/development and implementation of internal controls, and participate in the review and testing of same.
Undertake special assignments as directed.
Maintain regular, consistent attendance and punctuality in accordance with DASNY policy.
Must adhere to the NYS Information Security Policy Standards established and issued by the Office of Cyber Security and Critical Infrastructure Coordination. (Standards can be found on the Intranet).
Supervision
May supervise one or more employees.
Physical/Mental/Visual Demands
Weekly travel is required using public transportation, DASNY vehicle, rental vehicle or personal vehicle. This travel may include overnight stays at public accommodations and related establishments. Overtime or extended work hours may be required.
Work Environment
Standard office environment, with weekly visits to property sites. Requires the use of one or more of the following: PC, telephone, fax machine, printer, copier, scanner, electronic stapler, financial calculator, date stamp, shredder.
Minimum Qualifications
Minimum Qualifications
Bachelor’s degree and three years of relevant commercial real estate transacting experience.
Associate’s degree and at least five years of relevant commercial real estate transacting experience.
High School diploma or equivalent and at least eight years of commercial real estate transacting experience.
Preferred Qualifications
Bachelor’s or Master’s degree in Real Estate, Business Administration, Construction Technology, or related fields and at least five years of real estate transaction experience focused on commercial valuation and leasing. Valid real estate appraiser’s license or a valid NYS real estate broker or salesperson’s license with real estate experience including one or more of the following: real estate appraisal, real estate sales, construction, commercial leasing, property management, home inspection and/or development (as opposed to experience solely in the area of residential sales). Understanding of the New York State process for approval of contracts, acquisition and sale of real estate. Experience and understanding of various real estate markets throughout New York State including the New York City market.
Essential Skills
Understanding of market value as established through appraisals.
Demonstrated ability to work independently and exercise sound judgment.
Comprehensive knowledge of real estate contracts including leases, purchase contracts or options, permits, licenses, deeds, and surveys.
Knowledge of real property legal principles such as legal title, title defects, conveyance of title, easements, zoning, and other land use regulations.
Knowledge of space planning and architectural principles relative to sites and structures.
Knowledge of building systems and construction types.
Knowledge of the construction process, scheduling issues, and cost estimating.
Benefits Information
Additional Comments
DASNY provides financing and construction services to public and private universities, not-for-profit healthcare facilities, and other institutions which serve the public good.
We Offer a Comprehensive Benefits Plan, Which Includes
Choice of several health insurance plans
Dental & vision insurance
Membership in the NYS Retirement System
Deferred Compensation Investment Plan
13 vacation days per year
13 sick days per year
5 days of personal leave per year
12 paid holidays per year (plus one float day)
Tuition reimbursement
Training & development opportunities
We Offer Additional Benefits, Which Includes
Telecommuting Work Plan - Employees are required to apply and obtain approval through management to telecommute according to DASNY’s Telecommuting Program Guidelines. The days designated as telecommute days must be consistent with operational needs as determined by DASNY division, department and/or unit management. Employees may only telecommute on up to four (4) workdays per pay period and shall be limited to no more than two (2) contiguous telecommute workdays. Eligibility applies after 3 months of employment.
Limited Work from Home (LWFH) – additional telecommute days according to DASNY’s Telecommuting Program Guidelines. Eligibility applies after 6 months of employment.
DASNY is a government employer for purposes of the Public Services Loan Forgiveness Program (PSLF Program). The PSLF Program forgives the remaining balance of certain student loans after making 120 qualifying monthly payments. For more information regarding PSLF Program and whether you qualify please visit the Studentaid.gov website.
Duties Description
Primary Purpose
The Real Property Analyst assists particular DASNY clients in the purchase, lease or sale of property and/or facilities.
Essential Functions
Work independently with various DASNY Clients to identify, evaluate, and secure real estate including various residences and commercial spaces that will suit the unique needs. This will include but is not limited to individuals with physical disabilities, mental disabilities, and/or psychological conditions as identified by the OPWDD and OMH.
Evaluate sites based on the needs of the client population.
Track the status of ongoing projects to ensure that they are completed in a timely manner.
Negotiate the business terms of property leases. These terms include the services that the landlord will supply and the aspects for which the DASNY client agency will be responsible. Construction may also be incorporated into the terms of a commercial lease.
Draft and review lease agreements, within established program parameters, to help ensure that they are in proper legal form and have all necessary approvals and supporting documents.
Coordinate the tasks of various parties involved in the purchase or lease of property, within the New York State approval process. These parties include architects, engineers, appraisers, title abstract companies, landlords, landowners, attorneys, the State Attorney General’s Office, the State Division of the Budget, the Office of the State Comptroller, and client agency staff. Assist client agencies in the assessment and sale of surplus property.
May perform in-house real estate appraisals, rent studies or market research.
Complete formal appraisal reviews of appraisals and fair market rent studies to ensure they are completed in accordance with the Uniform Standards of Appraisal Practice and to ensure the value conclusions are adequately supported.
Periodically request real estate appraisals from Consultant Appraisers for Client Agencies; provide appropriate guidance in ensuring the proper appraisal methodology is used.
Resolve any property management issues that may arise between landlords and clients.
Other Duties And Responsibilities
May train and evaluate employees.
Assist with the development, documentation, and implementation of procedures.
Assist with the assessment/development and implementation of internal controls, and participate in the review and testing of same.
Undertake special assignments as directed.
Maintain regular, consistent attendance and punctuality in accordance with DASNY policy.
Must adhere to the NYS Information Security Policy Standards established and issued by the Office of Cyber Security and Critical Infrastructure Coordination. (Standards can be found on the Intranet).
Supervision
May supervise one or more employees.
Physical/Mental/Visual Demands
Weekly travel is required using public transportation, DASNY vehicle, rental vehicle or personal vehicle. This travel may include overnight stays at public accommodations and related establishments. Overtime or extended work hours may be required.
Work Environment
Standard office environment, with weekly visits to property sites. Requires the use of one or more of the following: PC, telephone, fax machine, printer, copier, scanner, electronic stapler, financial calculator, date stamp, shredder.
Minimum Qualifications
Minimum Qualifications
Bachelor’s degree and three years of relevant commercial real estate transacting experience.
Associate’s degree and at least five years of relevant commercial real estate transacting experience.
High School diploma or equivalent and at least eight years of commercial real estate transacting experience.
Preferred Qualifications
Bachelor’s or Master’s degree in Real Estate, Business Administration, Construction Technology, or related fields and at least five years of real estate transaction experience focused on commercial valuation and leasing. Valid real estate appraiser’s license or a valid NYS real estate broker or salesperson’s license with real estate experience including one or more of the following: real estate appraisal, real estate sales, construction, commercial leasing, property management, home inspection and/or development (as opposed to experience solely in the area of residential sales). Understanding of the New York State process for approval of contracts, acquisition and sale of real estate. Experience and understanding of various real estate markets throughout New York State including the New York City market.
Essential Skills
Understanding of market value as established through appraisals.
Demonstrated ability to work independently and exercise sound judgment.
Comprehensive knowledge of real estate contracts including leases, purchase contracts or options, permits, licenses, deeds, and surveys.
Knowledge of real property legal principles such as legal title, title defects, conveyance of title, easements, zoning, and other land use regulations.
Knowledge of space planning and architectural principles relative to sites and structures.
Knowledge of building systems and construction types.
Knowledge of the construction process, scheduling issues, and cost estimating.
Benefits Information
Additional Comments
DASNY provides financing and construction services to public and private universities, not-for-profit healthcare facilities, and other institutions which serve the public good.
We Offer a Comprehensive Benefits Plan, Which Includes
Choice of several health insurance plans
Dental & vision insurance
Membership in the NYS Retirement System
Deferred Compensation Investment Plan
13 vacation days per year
13 sick days per year
5 days of personal leave per year
12 paid holidays per year (plus one float day)
Tuition reimbursement
Training & development opportunities
We Offer Additional Benefits, Which Includes
Telecommuting Work Plan - Employees are required to apply and obtain approval through management to telecommute according to DASNY’s Telecommuting Program Guidelines. The days designated as telecommute days must be consistent with operational needs as determined by DASNY division, department and/or unit management. Employees may only telecommute on up to four (4) workdays per pay period and shall be limited to no more than two (2) contiguous telecommute workdays. Eligibility applies after 3 months of employment.
Limited Work from Home (LWFH) – additional telecommute days according to DASNY’s Telecommuting Program Guidelines. Eligibility applies after 6 months of employment.
DASNY is a government employer for purposes of the Public Services Loan Forgiveness Program (PSLF Program). The PSLF Program forgives the remaining balance of certain student loans after making 120 qualifying monthly payments. For more information regarding PSLF Program and whether you qualify please visit the Studentaid.gov website.
Salary : $72,710 - $92,708