NYC Residential Portfolio Manager

Position Summary

The NYC Residential Portfolio Manager will manage and oversee operations for Olshan Properties’ NYC portfolio. 

Position Duties and Responsibilities

• Oversee a team comprised of property managers, superintendents, property level staff and internal / external leasing resources.
• Manage and oversee AR, landlord / tenant issues, evictions and legal disputes (as required).
• Responsibilities include all aspects of asset management, operations / management, leasing, planning, budgeting, and reporting.
• Develop and implement strategic business plans for each asset maximizing cash flow/value of the assets.
• Forecast operating and capital budgets for each asset.
• Support execution of capital projects in conjunction with internal construction counterparts.
• Review and approve tenant lease requests.
• Prepare recurring and ad-hoc reporting for distribution to management and partners.
• Perform valuation / cash flow projections for each asset. Monitor the financial performance of each asset relative to internal forecasts and debt requirements.
• Respect, lead, educate and mentor members of your team
• Collaborate with acquisitions and development executives as necessary, providing pre-acquisition and pre-development input and assistance during due diligence processes, and manage post-acquisition and post-development activities and integration of asset into the residential portfolio.
• Implement and update processes, procedures and best practices for the residential team. Ensure uniform compliance with best practices.
• Other tasks and projects as assigned by management.

Knowledge and Skills

• Ability to communicate with others, identify problems/opportunities and capitalize.
• Ability to understand and diagnose financial statements

Qualifications

• Minimum 10 years residential property management and / or operations experience, with a focus on NYC properties and experience with rent stabilization regulations a plus
• Demonstratable critical thinking and analytical skills
• Savvy with business technology including highly proficient in Microsoft applications (specifically Excel) ARGUS, and Yardi
• Bachelor’s Degree preferred