THE ROLE | We are seeking Director/Project Manager candidates to manage projects in our real estate advisory practice. Successful candidates will have relevant project management-level experience in real estate, economic development, and related consulting fields; must demonstrate strong analytic and critical thinking skills to serve our clients, both in terms of private investment objectives and public policy goals; and should possess a passion for intelligent urban development and a deep curiosity about the challenges and opportunities facing cities.
The Division of Property Disposition and Finance leads the agency’s effort to designates qualified sponsors to acquire and/or rehabilitate property owned by the City of New York (“City”) or recently tax-foreclosed, to produce and preserve affordable rental and homeownership opportunities, and to finance the repair of certain properties. The Division of Property Disposition and Finance is composed of a number of programs: Affordable Neighborhood Cooperative Program (ANCP), Multi-family Preservation Loan Program (MPLP), Third Party Transfer (TPT), Community Restoration Fund (CRF), Basement Apartment Conversion Pilot Program, Small Homes Rehab NYCHA, Project HELP, and HomeFix- which facilitate the rehabilitation and preservation of public and privately-owned multifamily and 1-4 family buildings throughout New York City.
As the Assistant Commissioner for the Division of Community Partnerships & Finance, you will oversee a division that administers and develops innovative programs related to community stabilization, revitalization, and economic opportunity. The division includes multiple programs that engage directly with residents and works jointly with non-profit organizations to repair and stabilize homes and communities. Programs within the division also support and cultivate affordable homeownership, including single-family and HDFC cooperative ownership, facilitating financial security and asset building.
Red Stone is a recognized leader and one of the largest providers of tax-exempt debt to the affordable housing industry. Our portfolio consists of 160+ affordable/low income multifamily housing properties. We are a small company of 20 professionals with extensive experience – senior partners have been in the affordable housing industry for over 25 years. Our portfolio is growing rapidly, and the position has the potential for career growth and earnings potential.
National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing tax credits, is seeking an Originations Analyst for its New York office. The primary function of this position is to provide analytical support to the originators on a regional
team in the underwriting of low-income housing tax credit investments. The analyst will assist in evaluating the feasibility of investments including, evaluating the market, sponsor capacity, reviewing loan documents, and preparing projections; prepare engagement or commitment letters, assist with investment committee write-ups, investment proposal, closings, and evaluation of potential adjusters post-closing. In addition, candidate must be able to analyze project’s financing, development budget, construction schedule, operating expenses, debt service, market comparability and developer capacity; utilize and become proficient in NEF’s pricing and underwriting model.
Reporting to the SVP for Real Estate and Planning, the Director will lead multiple real estate development projects from the planning stage through financial close. The Director will also assist the department in producing and overseeing Requests for Proposals for property dispositions and financial models and analyses. The ideal candidate has a strong understanding of real estate finance, urban planning and design principles, and project management, and has experience managing real estate transactions against tight deadlines, ideally involving public-private partnerships and interdisciplinary teams.
The Construction Manager will provide direct supervision of various RiseBoro affordable housing multi-family construction projects. They will report to the Director of Sustainability & Construction. This includes reviewing design details in pre-development, reviewing
prospective projects for Energy Performance, attending construction meetings, reviewing contractor invoices, ensuring construction details are properly completed in the field, and performing post build certification, punchlists, and Quality Assurance.
The Title Examiner will interact with clients, and understand client needs, and become an integral part of the team. They will order appropriate searches and analyze public records in order to prepare a report of the current condition of Title and determine requirements in order to deliver ‘clear’ title to our clients. The Title Examiner will also complete endorsements, maintain a working knowledge of all open files, and conduct appropriate follow up with all parties to the transaction.
Newburgh Community Land Bank has an opportunity for an accomplished professional to join the organization as Executive Director. Since forming in 2012, NCLB has led the land banking effort across NYS and helped advance the transformation of downtown Newburgh into a community of choice through targeted investment in distressed properties. The Board of Directors seeks a dynamic leader for a new phase of growth and progress in furtherance of NCLB’s mission to improve the quality of life in Newburgh by stabilizing and revitalizing abandoned properties.
Under the direction of the Board of Directors, the executive director is responsible for overall management and operation of the Newburgh Community Land Bank. The executive director is a public-facing and accountable leader who oversees the development and execution of the Land Bank’s work plan, protects its assets, and ensures compliance with grantor, federal, state and local regulations.
Project Renewal is a leading non-profit organization with the mission of ending the cycle of homelessness by empowering men, women and children to renew their lives with health, homes, and jobs. Our comprehensive and integrated 24/7 programs are designed to offer the holistic care our clients need. With a staff of 950+ and an annual budget of $100 million, Project Renewal is one of the larger social service nonprofits in New York City.
Under the general direction of the department Director, the Entitlements Coordinator is responsible for acting as a resource for both clients and staff to inform them of the various city, state and federal entitlement programs; performing annual re-certifications and lease renewals; and performing related duties.