Lease Abstraction and Data Intern
About The Position
The Lease Abstraction and Data Intern will support the Lease Administration team in managing a diverse commercial real estate portfolio by assisting with lease abstraction, data validation, and system maintenance. This role focuses on using AI-enabled tools to extract and organize key lease information, validating outputs for accuracy, and ensuring data is properly structured and maintained within Yardi. Working closely with the Lease Administration team, the intern will help improve the efficiency and accuracy of lease data workflows by refining AI-assisted processes, supporting data audits, and contributing to reporting and portfolio initiatives. The internship provides hands-on exposure to commercial real estate operations, lease administration systems, and the practical use of AI tools in a business environment. Full-time: 40 hours per week from June 1st, 2026, until August 7th, 2026. Location: Onsite at 111 W 33rd Street, New York, NY
Requirements
- Ability to review documents and abstractions with a high degree of accuracy
- Capable of managing multiple tasks, deadlines, and critical dates within a dynamic real estate portfolio
- Strong computer skills with the ability to learn and navigate software platforms such as Yardi
- Comfortable working with AI-enabled tools and document-processing software to support data extraction, validation, and workflow efficiency
- Comfortable performing data audits and supporting report generation
- Strong data management skills, including organizing information into structured formats such as tables and system fields
- Excellent written and verbal communication skills
- Willingness to learn lease terminology, structures, and operational fundamentals of real estate portfolio management
- Ability to work collaboratively in a team environment
Nice To Haves
- A Junior enrolled in a four-year or five-year undergraduate program in the graduating class of 2027 is preferred
Responsibilities
- Assist the Lease Administration team in reviewing, interpreting, and abstracting key business, financial, and legal terms from commercial leases using AI software
- Utilize AI tools to extract data from lease documents and PDFs, applying standardized prompts and workflows to ensure consistent and accurate outputs
- Collaborate with the team to refine prompts, workflows, and processes that improve the accuracy, efficiency, and usability of AI-generated lease data
- Input, update, and maintain lease information, documents, and key terms within Yardi
- Ensure data integrity by conducting routine audits and cross-checking entries against source documents
- Translate AI-extracted lease information into structured formats, including tables and data fields, for upload and maintenance within Yardi
- Support the monitoring and tracking of critical lease dates to help ensure timely notifications and compliance
- Assist in generating reports and maintaining dashboards to support visibility into upcoming milestones
- Participate in various portfolio-related initiatives, including data cleanup, process improvement efforts, and system enhancements aimed at improving operational efficiency
- Contribute to research, analysis, and documentation that support strategic decision-making within the real estate portfolio
- Provide general administrative support to the Lease Administration team as assigned
Benefits
- 40-hour work week, paid at a rate of $22.50 p/h
- A challenging, exciting, and meaningful 10-week experience
- Networking opportunities to get to know fellow interns and key leaders throughout ESRT
- An individual project to be presented to executive leadership
- Company sponsored lunches with leadership and outings
- Tour of the Empire State Building Observatory
- Summer Friday Early Release
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
