Director of Leasing

City of New York•New York City, NY

19h

About The Position

The Real Estate Services (RES) division of DCAS supports the operations of the government of the City of New York by providing services for the City’s real estate needs. RES is responsible for the space planning and management of 37 million square feet, Citywide acquisitions (lease or purchase), sales and other dispositions of City-owned real estate, architectural design and project management, zoning and land use analyses, disposition of 15,000 City-owned lots, property valuation, and financial analysis of real estate transactions. The RES Leasing & Acquisitions Unit is responsible for finding space for City agency operations and negotiating leases and purchases on behalf of the City. The transactions must satisfy the client agency's requirements and must conform to the City's 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 which 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.
A baccalaureate degree from an accredited college and four years of experience described in "1" above, including eighteen months of experience in managerial capacity
A satisfactory combination of education and/or experience equivalent to "1" or "2" above. However, all candidates must have eighteen months of managerial 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 site(s) deemed suitable to satisfy the program requirements for the client agency's location and program requirements, and prepare market analysis reports, either individually or using Tenant Representatives.
Negotiate cost effective commercial leases and licenses on behalf of the City, as Tenant, and in its best interest either individually or using Tenant Representatives.
Prepare and maintain project schedules either individually or using 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 in completing the tasks enumerated herein.
Communicate with client agencies on a timely basis to keep the client fully informed on project status, next steps, potential or existing problem issues, budgets, and risk mitigation.
Manage the development and timely completion of required legal documents such as leases, licenses, renewals, notices, etc. using in-house counsel.
Partner with Real Estate Services’ Design and Project Management (D&PM) unit to ensure that everything required to successfully negotiate a term sheet with the Landlord is completed on time and a lease is fully executed to satisfy the client agency requirements.
Maintain effective project management and efficient control of the entire leasing process for client agencies.
Confer and partner with a variety of internal stakeholders, including the Mayor’s Office, Office of General Counsel, Comptroller’s Office, City Council, and City Planning, among others, to satisfy client agency requirements and mayoral real property initiatives.
Effectively communicate and promote the client agency’s real property interests to external stakeholders, including local community boards, elected officials, and community organizations, among others.
Provide time-sensitive and accurate transaction related data to support the acquisition of Section 195 and Section 197(c) approvals as mandated by the New York City Charter. This may include public testimony regarding the acquisition of real property on behalf of the City.
Prepare ARC packages and review the ARC packages from Team members and all other required documentation, and present to OMB for transaction approval.