Director of Leasing

City of New York•New York, NY

1d•$125,000 - $135,000•Onsite

About The Position

The Department of Citywide Administrative Services (DCAS) aims to enhance the efficiency of New York City's government operations. DCAS manages numerous public buildings, oversees significant procurement of goods and services, and plays a crucial role in the city's real estate transactions, including acquisitions, sales, and leasing. The Real Estate Services (RES) division specifically handles the city's real estate needs, managing 37 million square feet of space, acquisitions, dispositions, design, project management, and financial analysis. The RES Leasing & Acquisitions Unit is tasked with finding suitable spaces for city agencies and negotiating leases and purchases, ensuring compliance with city policies and procedures.

Requirements

A four-year high school diploma or its educational equivalent and six years of satisfactory, full-time, progressively responsible experience in real property management.
At least 18 months of the experience must have been in a managerial capacity involving the supervision of a large staff of property management agents and/or housing development specialists and requiring independent decision-making concerning program management or planning, allocation of resources and the scheduling and assignment of work.
Progressively responsible experience must be demonstrated by a work history of promotions and/or assumption of increasingly responsible duties and assignments.
Experience in building construction or renovation; management of residential, commercial, industrial, or waterfront properties, including both renting and operating; or site management in connection with housing or with reconstruction/rehabilitation projects; supervision of receivership, tenant relocation and anti-abandonment work in housing and other properties, and buildings owned, managed, to be acquired by the City, or at risk of being abandoned; or building maintenance will be accepted up to a maximum of three years toward meeting the general requirements.
A baccalaureate degree from an accredited college and four years of experience described above, including eighteen months of experience in a managerial capacity.
A satisfactory combination of education and/or experience equivalent to the above.
All candidates must have eighteen months of managerial experience.
Education at an accredited college or university may be substituted for general work experience (but not for the 18 months of managerial experience) at the rate of 60 college semester credits for one year of acceptable experience up to a maximum of 4 years of college for 2 years of experience.
Experience in property management must have included both renting and operating the managed properties.
Experience in renting must have included interviewing prospective tenants, qualifying tenants' income and background, and/or assuring that vacancies are ready for occupancy.
Experience in operating must have included overseeing maintenance and repair of building operating systems, and overseeing staff to assure that necessary work is properly completed.
Experience in site management must have included on-site rental and maintenance of buildings.
Experience in relocation must have included negotiation with tenants to surrender leases for cash consideration or for an alternative site, and determining tenant eligibility for benefits.

Responsibilities

Identify suitable sites that meet the program requirements for client agencies and prepare market analysis reports, either independently or with Tenant Representatives.
Negotiate cost-effective commercial leases and licenses on behalf of the City as Tenant, acting in its best interest, either independently or with Tenant Representatives.
Prepare and maintain project schedules, either independently or with Tenant Representatives.
Initiate and maintain project status reports in DCAS Real Estate Services data systems for assigned projects.
Manage a team of transaction managers and a transaction specialist, providing guidance and structure to complete assigned tasks.
Communicate with client agencies regularly to provide updates on project status, next steps, potential issues, budgets, and risk mitigation.
Manage the development and timely completion of required legal documents such as leases, licenses, and renewals, in collaboration with in-house counsel.
Partner with the Real Estate Services’ Design and Project Management (D&PM) unit to ensure all necessary steps for negotiating a term sheet with the Landlord are completed on time and a lease is fully executed to meet client agency requirements.
Maintain effective project management and efficient control of the entire leasing process for client agencies.
Confer and partner with various internal stakeholders, including the Mayor’s Office, Office of General Counsel, Comptroller’s Office, City Council, and City Planning, to meet client agency requirements and mayoral real property initiatives.
Effectively communicate and promote client agency’s real property interests to external stakeholders, including local community boards, elected officials, and community organizations.
Provide time-sensitive and accurate transaction data to support the acquisition of Section 195 and Section 197(c) approvals as mandated by the New York City Charter, which may include public testimony.
Prepare and review ARC packages from team members and other required documentation, and present them to OMB for transaction approval.