Job Description

Located on the Upper West Side of Manhattan, Pine Management, Inc. is currently seeking an experienced Property & Asset Manager to join our team. Pine Management, Inc. has over 50 years of experience as owners and operators of multi-family property and is currently looking to expand the portfolio. At this time, Pine Management, Inc.’s portfolio consists of 36 properties located throughout New York City.

The candidate should be a motivated, well-organized, and detail-oriented professional who works well as a team player and can operate in a fast-paced environment. You will have the opportunity to work with seasoned professionals in a collaborative environment. The candidate must have strong knowledge of building systems, project/construction management, local laws, violation compliance, rent regulation, housing court, leasing, operations, and financial reporting/analysis. The role will involve frequent collaboration with senior leadership.

Responsibilities may include, but are not limited to:

Property Management

• Supervision and leadership of all aspects of building management; including but not limited to leasing, move-in and move-out inspections, maintenance, code compliance, site administration, tenant relations, and reporting
• Supervision and coordination of all building staff (superintendents, handymen, painters, porters, etc.) as well as materials and equipment procurement
• Implementing policies and procedures to staff; conducting semi-annual performance reviews; hiring/training of staff
• Ensuring the proper operation of building equipment and systems (boiler systems, HVAC, electrical, plumbing, appliances, etc.)
• Ensuring compliance with various city agencies (HPD, DOB, DEP, DOH, DHCR, etc.)
• Ensuring timely responses to tenant service requests and management of apartment turnover
• Preparing timely, accurate, and complete reports detailing property status
• Recommending and/or approving alterations and maintenance as necessary; contracting for and supervising vendor services as required; processing accounts payable
• On-call emergency duties will be required

Asset Management

• Create and execute the implementation of asset level strategies and operational initiatives aimed at maximizing value for real estate assets.
• Support asset management with oversight of existing investments; including leasing, construction, operations, equity/debt financing, and financial reporting/analysis.
• Prepare and manage annual budgets and key performance indicators (KPIs).
• Prepare reports on asset performance, budget variances, and changes to market/property conditions and industry trends.
• Manage the timely and accurate production of financial statements on both a property and portfolio level.
• Monitor actual performance against projections and propose solutions to align with business objectives.

The right candidate should possess the following:

• Bachelor’s degree or better.
• 2+ years of relevant real estate experience (ideally in New York City multifamily) with a specific focus on property and asset management.
• Strong knowledge of real estate principles, finance, law, and accounting.
• Strong financial modeling capabilities using Microsoft Excel.
• Ability to draw conclusions from research/data analysis and communicate them effectively.
• Ability to understand investment risks and how to mitigate such.
• Must be a well-organized and detail-oriented professional with high emphasis on the ability to communicate and follow-up on tasks through completion.
• Must be a quick-learner with strong written, verbal, and analytical skills.
• Must be able to manage staff and interface with tenants, accountants, attorneys, vendors, etc.
• Strong computer skills; experience with Yardi and other proptech.

NYC Pay Transparency Law: minimum = $80,000 / maximum = $110,000

We are an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, age, national origin, disability, or any other category protected by applicable law.

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