Property Manager

BLUMENFELD DEVELOPMENT GROUP, LTD•New York, NY
•$150,000 - $175,000

About The Position

Blumenfeld Development Group, Ltd. is seeking an experienced Property Manager to oversee a portfolio of commercial office and retail assets. Reporting to the Director of Property Management, this role is responsible for the portfolio’s day-to-day operations, financial performance, physical condition, and regulatory compliance. The portfolio includes a multi-tenant commercial office building, a mixed-use property, and two retail centers, one operated under a triple-net lease structure. The Property Manager directly supervises the on-site property management and engineering team and serves as the primary day-to-day point of contact for ownership. This hands-on, highly organized role balances financial management, building operations, tenant service, regulatory requirements, capital projects, and staff leadership. Responsibilities include developing budgets and capital plans; monitoring financial performance and processing invoices; overseeing New York City regulatory compliance and violation resolution; managing building operations, maintenance, vendors, and preventive maintenance; coordinating capital and construction projects; maintaining tenant relationships and service standards; supervising and developing staff; and preparing for and responding to emergencies, including after-hours incidents.

Requirements

  • At least five years of commercial property management experience.
  • Demonstrated knowledge of New York City Local Law compliance and DOB and ECB violation resolution, including filings through DOB NOW.
  • Proficiency with Yardi Voyager and Yardi Facility Manager.
  • Strong Microsoft Excel skills, including experience with operating budgets, financial reporting, and CAM reconciliations.
  • Working knowledge of commercial building systems, including HVAC, boilers, elevators, roofing, and life safety systems.
  • Exceptional organizational and time-management skills, with the ability to manage concurrent priorities and deadlines.
  • Valid driver’s license, reliable transportation, and availability for after-hours, weekend, and holiday on-call response.

Nice To Haves

  • Experience managing both multi-tenant office and retail properties is strongly preferred.
  • A bachelor’s degree is preferred, or an equivalent combination of education and directly related experience.
  • Professional designations such as RPA, CPM, CSM, ICSC, BOMI, or IREM.

Responsibilities

  • Prepare annual operating budgets and five-year capital plans for assigned properties.
  • Monitor property performance against approved budgets and forecasts; prepare monthly variance reports that explain variances and corrective actions.
  • Review, approve, code, and process property invoices in Yardi Voyager.
  • Monitor operating expenses, capital expenditures, recoveries, and other financial metrics.
  • Manage and monitor compliance with applicable New York City regulations and Local Laws, including Local Laws 11/FISP, 87, 97, 84, 126, 133, and 152.
  • Oversee resolution of Department of Buildings (DOB) and Environmental Control Board (ECB) violations, including required filings and documentation.
  • Schedule, coordinate, and track required inspections, testing, certifications, filings, corrective actions, and compliance deadlines; maintain accurate records.
  • Support ownership loss prevention and insurance claims.
  • Direct day-to-day operations, maintenance, and physical condition of assigned office, mixed-use, and retail properties.
  • Ensure properties meet standards for safety, appearance, cleanliness, functionality, and tenant service; oversee common-area maintenance and building services.
  • Manage outside vendors, service providers, and maintenance contracts, including procurement, performance, and contract compliance.
  • Administer the preventive maintenance program through Yardi Facility Manager.
  • Conduct or coordinate routine daytime and nighttime property inspections and coordinate timely building-system repairs and corrective actions.
  • Develop and maintain annual management plans and five-year capital plans.
  • Partner with BDG Architecture and Construction to review, coordinate, and supervise tenant fit-out, base-building, and site construction projects.
  • Monitor project schedules, budgets, quality, and completion; coordinate contractor access and ensure compliance with insurance, safety, permitting, and building requirements.
  • Maintain professional relationships with tenants as their primary management contact; meet with tenants at least monthly and conduct regular check-ins.
  • Coordinate tenant move-ins, move-outs, and related building-access logistics; administer tenant satisfaction and retention initiatives.
  • Maintain responsiveness, communication, and customer service across the portfolio.
  • Supervise the Assistant Property Manager, Property Management Administrator, Chief Engineer, and maintenance staff; establish expectations and accountability.
  • Conduct one-on-one meetings and performance reviews, and provide training, coaching, and professional development.
  • Establish backup coverage and cross-training between properties to support continuity of operations.
  • Develop, maintain, and periodically test emergency preparedness and recovery procedures; maintain after-hours escalation and emergency-response procedures.
  • Coordinate response and recovery after building incidents, including vendor mobilization, damage assessment and documentation, tenant communication, and initiation of insurance claims.
  • Participate in emergency response outside normal business hours, including evenings, weekends, and holidays, as required.
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