Real Estate Specialist 1

State Police • Albany, NY

260d • $66,951 - $85,138

About The Position

The New York State Police is seeking a Real Estate Specialist 1 to join their team in Albany, NY. This position is responsible for preparing and reviewing studies of fair market rents or property sale prices across various regions of the state. The specialist will research real estate tax records for Division leased properties, prepare or update lease abstracts, and interpret lease agreements and legal documents. The role involves interacting with landlords to address property deficiencies and researching payment issues. Additionally, the specialist will prepare Requests for Proposals (RFPs) for lease proposals, negotiate lease transactions, and prepare occupancy agreements. The position requires conducting physical inspections of properties and responding to inquiries from the public and other state agencies. The specialist will serve as a subject matter expert in real estate matters and assist in maintaining the Division's real estate portfolio databases.

Requirements

• Four years of experience in real estate work, including one year performing at least four of the described duties pertaining to private or public sector real estate transactions.

Responsibilities

• Prepares or reviews studies of fair market rents or property sale prices in various regions of the State.
• Researches real estate tax records for Division leased properties where such costs are to be reimbursed to the landlords.
• Prepares or updates lease abstracts for Division leased properties.
• Reads and understands lease agreements, permits, MOU's for Division occupied spaces, interpreting legal concepts that apply.
• Interacts with landlords of Division leased properties on various matters, including property deficiencies and researching missing or late payments owed to landlords.
• Prepares Request for Proposals (RFPs) detailing the space needs of the Division and soliciting lease proposals from qualified property owners and/or real estate brokers.
• Negotiates lease transactions with private property owners to obtain favorable financial terms for the State.
• Prepares occupancy agreements (leases, renewals, amendments, permits, MOU's) and accompanying internal documents detailing the Division's need for the transaction and financial justification.
• Interacts with various stakeholders in a transaction, including Division executive staff, legal staff, landlords, real estate brokers, and contractors.
• Conducts physical inspections of properties.
• Responds to inquiries from the public and other State agencies.
• Serves as an agency subject matter expert and advises in all facets of real estate matters.
• Assists in the maintenance of all Division real estate portfolio databases.

Benefits

• Full-Time employment
• Permanent appointment
• Salary range from $66,951 to $85,138 annually
• Workweek from Monday to Friday
• 37.50 hours per week
• No travel required
• No flextime allowed
• No mandatory overtime
• No compressed workweek allowed
• No telecommuting allowed

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: No Education Listed