What are the responsibilities and job description for the Asset Manager position at The Greene Group?
ABOUT US:
Our client is a premiere real estate developer based in Manhattan that is looking to bring on an Asset Manager given a new project in Brooklyn. Position will be a mixture of onsite at property in Brooklyn and NYC HQ.
** Ideal candidate will have 2 years of property management experience **
RESPONSIBILITIES
- Monitor and oversee property operations in collaboration with the Regional Property Manager to ensure the achievement of targets.
- Key operational aspects include occupancy, leasing, unit turnovers, violations clearance, collections, subsidy terminations, and work order completion
- Formulate and implement plans to secure increases in rental subsidies, working closely with property management staff to execute these plans effectively
- Collaborate with maintenance staff, vendors, and expeditors to address violations from HPD, DOB, ECB, and FDNY
- Work alongside the in-house Construction Management team to develop capital improvement plans
- Ensure properties adhere to all local laws and are prepared for mandated inspections
- Conduct regular site inspections to evaluate property conditions, ensuring maintenance and repair work aligns with our standards.
- Verify the creation of work orders and completion of identified deficiencies
- Actively oversee controllable expenses for each property, providing commentary on actual versus budget variances and contributing to the development of annual budgets
- Propose value-add initiatives for each property and collaborate with project team members to establish investment objectives
- Review contracts and engage in negotiations with contractors, vendors, and consultants as necessary
- Support team members in developing cash management forecasts to incorporate real-time operational updates into the forecasts
QUALIFICATIONS
- 2 years experience working in multifamily real estate
- Proficiency in Excel and PowerPoint require
- Excellent written and verbal communication skill
- Driven to identify project priorities independently
- Ability to manage multiple time sensitive tasks at once
Salary : $85,000 - $100,000