Director of Asset Management - One Times Square

Jamestown Management Corporation•New York, NY

6d•$400,000 - $500,000•Onsite

About The Position

The Director of Asset Management will serve as the executive lead for the performance and strategy of One Times Square (OTS) in New York City, overseeing financial results, operational execution, tenant and partner relationships, and investor engagement. This leader will drive value creation across multiple business lines within the building, from leasing and tenant partnerships to placemaking and capital projects. The role requires a blend of financial acumen, real estate expertise, and thoughtful leadership to ensure the property becomes an enduring success story. This individual will act as a trusted strategic advisor to ownership, leveraging deep financial and operational expertise to drive value creation, manage complex partnerships, and ensure the property succeeds as both an investment and an experience.

Requirements

Bachelor’s degree in Real Estate, Finance, Business, or related field
Any combination of education, training and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job.
Exceptional financial acumen, including mastery of valuation, capital structuring, IRR analysis, equity multiple analysis, and Argus Enterprise modeling.
Demonstrated success managing relationships with the team, cross-departments, and Investment Committees.
Proven operational leadership across mixed-use or flagship assets, with a track record of enhancing value through strategic execution.
Exceptional relationship-building, negotiation, and communication skills—able to influence at the executive levels.
Deep understanding of leasing, tenant mix strategy, partnership structures, and capital markets.
Proven success in overseeing large-scale assets with multiple operating businesses.
Advanced Excel modeling and Argus Enterprise expertise
Exceptional negotiation and communication skills with the ability to influence senior stakeholders.
Ability to thrive in a high-profile, fast-paced environment with significant visibility.
Strong people management and leadership experience, with the ability to inspire, develop, and retain top talent.
Strategic thinker who can balance long-term vision with operational precision.
Organizational and interpersonal skills
The ability to meet deadlines, accomplish work in order of priority; professionally maintain composure & effectiveness under pressure and changing conditions.
Strong engagement and preparedness in fast-paced environment, with ability to ascertain the appropriate level of analysis for each situation.
Reviewing of Leases, Partnership Documentation, Loan Documents, Budgets, and Property Level Financial Statements
Leadership, teamwork and collaboration
Detail oriented, logical, and methodical approach to problem solving
Exceptional written and verbal communication
Consensus building
Persuasive presentations
Flexibility and ability to pivot
Ownership perspective in all decisions
Lead large teams

Nice To Haves

MBA, CFA, or CPA preferred
CFA or CPA designation preferred, but not required

Responsibilities

Serve as the senior leader responsible for all aspects of asset performance for One Times Square
Own the P&L responsibility for OTS, ensuring short-term performance and long-term value creation objectives are met.
Develop and execute multi-year business plans, investment strategies, and capital deployment priorities.
Oversee forecasting, budgeting, financial modeling, and scenario analysis; ensure financial accuracy and insight in decision-making.
Lead reforecast and valuation discussions with ownership, investors, and senior leadership.
Stay attuned to capital market trends and structure strategies around refinancing, recapitalization, and long-term financial optimization.
Drive leasing strategy, tenant mix, and activation plans to optimize the building’s ecosystem of businesses.
Negotiate leases, joint ventures, and operations agreements to maximize value while protecting ownership’s interests.
Identify and implement opportunities for capital improvements and revenue enhancement.
Decision-making role regarding key initiatives at asset (e.g. selection of leasing broker, approval of budgets, etc.)
Ongoing review and thorough understanding of monthly reports submitted by JV partner’s property management; maintain dialogue with asset team.
Maintain strong knowledge of governing documents – partnership agreements, loans, complex joint venture agreements, leases at property
Maintain strong market knowledge, including market reports/commentary, and share with leadership as appropriate.
Provide executive oversight of property operations, leasing, tenant relations, and vendor performance.
Drive excellence in service delivery and operational efficiency across all business lines within OTS.
Lead the implementation of placemaking initiatives, tenant mix strategies, and capital improvement programs.
Ensure compliance with loan requirements, partnership agreements, and governance structures.
Collaborate with internal teams to deliver cohesive vision for the asset and best-in-class tenant experience.
Serve as the primary executive liaison for Fund Management and Investment Committee.
Collaborate with Fund Management on preparation and presentation of investor reports, financial updates, and strategic reviews.
Maintain strong, transparent relationships with lenders, ensuring alignment with ownership’s objectives.
Represent the firm’s interests in negotiations, governance discussions, and long-term partnership planning.
Lead, coach, and develop a high-performing team supporting the asset.
Build strong cross-functional alignment across business units including leasing, construction, creative and marketing, and property management, ensuring consistent execution of OTS’ strategy.
Build a culture of accountability, innovation, and collaboration at the asset level.
Model leadership behaviors that reflect the firm’s values and Director-level expectations.
Encouraged to keep professional designations or training current
Maintain active participation in at least one industry association, including occasional attendance at local events and training seminars