Vice President, Residential Real Estate & Development (DD)

Description

The Vice President, Residential Real Estate and Development for Developmental Disabilities leads the end-to-end pipeline for new DD residential homes and planned transitions out of aging or noncompliant locations. The role sources properties, runs due diligence, negotiates letters of intent and lease or purchase terms, coordinates design and build activities, manages municipal and state processes, and delivers move in ready homes that meet OPWDD and HCBS requirements. This position partners closely with Real Estate/Facilities & Maintenance, DD Residential leadership, Compliance and PQI, Finance, Legal, and Community or Government Relations. The goal for this leader will be to preserve bed capacity on time, on budget, and in compliance, while keeping people and programs whole during transitions. 

Portfolio strategy and pipeline:  

• Maintain a rolling 18-to-24-month acquisition and transition plan with ranked targets, business cases, and timelines 
• Build and manage a broker network, issue requests for proposals when useful, and set clear expectations and accountability 

Site selection, municipal notice, and state approvals: 

• Lead site selection and local notice processes for community residences, including outreach to community boards and elected officials 
• Prepare complete submissions for OPWDD and coordinate inspections and approvals 
• Oversee adherence to accessibility, safety, and integrated community living standards 
• Coordinate Facilities, owner’s representative, general contractor, and vendors to deliver scope on time and within budget 

Transactions and due diligence: 

• Prepare and negotiate letters of intent and track to lease or purchase and sale 
• Coordinate title, survey, environmental Phase I, zoning checks, architectural test fits, and cost estimates 
• Produce board and leadership materials that summarize risk, budget, schedule, and fit for program needs 
• Plan decanting and move in with Residential leadership to avoid service disruption 
• Execute checklists for licensing readiness and opening 

Budget, funding, and schedule 

• Own project pro formas and cash flow and align with Medicaid revenue models and move schedules 
• Identify and secure capital sources when applicable in partnership with Development and Finance 
• Set and manage critical paths from letter of intent through occupancy 
• Establish and report key performance indicators and run post project reviews to improve cost, schedule, and quality 

Stakeholder and community management 

• Manage communications with municipal partners, community boards, families, and internal leaders 
• Represent the agency with professionalism and clarity at meetings and hearings 

Other duties as assigned by the Chief Program Officer and/or President and CEO.  

This job description may be amended as needed to reflect evolving agency priorities or program requirements. 

Qualifications

 Experience & Qualifications 

• Bachelor’s Degree required 
• Master’s degree in real estate, public administration, planning, or related field preferred 
• Twelve or more years of progressively senior experience in NYC real estate acquisitions, affordable or special needs housing development, or regulated residential development, with a demonstrated record closing transactions, coordinating due diligence and design, managing external counsel and architects, delivering multi-site pipelines, and preparing materials for senior leadership and boards. 
• Experience with OPWDD settings or other regulated residential environments strongly preferred 
• Knowledge of DOH and NYC Accessibility housing standards preferred 
• Strong negotiation skills for letters of intent, leases, and purchase and sale agreements 
• Financial modeling and capital budgeting skills 
• Vendor and broker management with clear performance expectations 
• Fluency with zoning basics, environmental and building due diligence, construction sequencing, and schedule control 
• Ability to collaborate across Real Estate, Residential Services, Facilities, Compliance, Finance, and Legal 
• Clear written and verbal communication. Strong meeting facilitation and community engagement 

Benefits  

At HeartShare we offer a comprehensive benefit package based on full-time/part-time status. You can expect:  

• Rewarding work in a team environment. 
• Paid vacation, sick, personal days, and holidays. 
• 403(B) retirement plans with employer contribution. 
• Health, dental, vision and life insurance. 
• Employee Assistance Program (EAP). 
• Flexible spending account (Dependent Care, Medical, Parking, and Transit). 
• Employee appreciation programs and events. 
• Tuition assistance program. 
• Professional development opportunities. 
• Wellhub discount 
• Verizon Wireless discount. 
• BJs membership discount. 
• Discounts on Broadway tickets, movie tickets, theme parks, sporting events, gift certificates & more. 

HeartShare is an Equal Opportunity Employer (EOE). If you need to request accommodation during the recruiting process, please reach out to Leaves@heartshare.org.    

About Heartshare 

Who WE ARE: 

For over 150 years, Heartshare has been dedicated to championing and empowering New Yorkers society has too often overlooked and underestimated.

#INDHP

Salary : $150,000