Senior Vice President for Global Real Estate, Facilities and Campus Development

NYU•New York, NY

25d•$550,000 - $620,000

About The Position

New York University seeks a Senior Vice President for Global Real Estate, Facilities and Campus Development (“Senior Vice President” or “SVP”) to lead the current and future campus-wide transformation of its over 20 million square foot real estate portfolio. This newly created position ensures that the University is actively and strategically improving, developing, and managing its real estate assets, campus plan, and capital program in full alignment with the University’s commitment to academic excellence and community engagement. The SVP will be responsible for planning and overseeing the effective execution of the University’s capital program, including major construction and renovation projects across NYU’s global footprint. This stewardship responsibility includes oversight and management for the University’s interests and responsibilities as an anchor institution in New York and its other global campus locations, partnering with city and state entities to drive and support economic growth, neighborhood revitalization, and community partnerships. This position will manage complex dynamics with major tenants and landlords, ensuring strong commercial and political relationships that support the University's long-term development goals. This position will work closely with deans, faculty, Finance, and senior administrators throughout the University to actively and strategically develop a vision for NYU’s real estate assets in alignment with university strategy and campus master plans, as well as oversee effective execution of the University’s ambitious Capital Plan in support of the institution’s academic, research, clinical, and service missions. The SVP will serve as the chief spokesperson for capital strategy, campus planning, and real estate to the Board of Trustees and external stakeholders. The role reports to the Senior Vice President for Finance, Investment, Infrastructure, and Technology and CFO of NYU, who will have the broad mandate from university leadership to oversee, coordinate, and integrate the overarching capital strategy with campus real estate planning, economic development, and placemaking, while balancing central and decentralized responsibility and authority. The SVP will engage with the University’s schools and units as well as with surrounding communities, neighbors, and partners. They will develop a comprehensive understanding of the key issues affecting academic, research, and residential improvements within the current and expandable portfolio, and shape and implement appropriate strategies, structures, and staffing. The SVP will also engage and inform community members of the various priorities and activities. The SVP will collaborate across the institution to carry out the University’s core mission and priorities. In particular, they will work closely with Finance, specifically the Treasurer, with regard to capital project budgeting and financing, and collaborate with Community Engagement on economic development, placemaking, and economic inclusion initiatives. They will provide oversight of the University’s facilities worldwide (including capital maintenance, systems operations, and janitorial services), legal code compliance of all NYU-owned property, and will work with health and life safety experts ensuring our campus meets the University’s exacting standards. The SVP will make critical decisions related to project execution and strategic asset management, including final go/no-go approvals on acquisitions, capital projects and strategic approaches to high-value lease transactions as well as asset dispositions. The SVP will manage a team of Real Estate professionals who cover the University’s retail and office tenants, and subtenants. This team includes finance professionals who forecast tenant revenues (up to $50M p.a.) and manage the tenant portfolio from marketing to contract negotiations as well as oversight of tenants’ capital improvements within the NYU-owned space. The same team negotiates acquisitions, leases and dispositions from a financial planning and contract documentation perspective.

Requirements

Bachelor's Degree in engineering, business administration, finance, public administration, real estate, or a related field.
15+ years real estate development experience, including experience in economic development, facilities and operations, and placemaking.
Demonstrated success in managing a multi-functional global real estate portfolio of comparable complexity in higher education, government, healthcare, scientific, or technology sector, on scale similar to NYU’s holdings (a minimum of 10 million square feet spanning several international locations).
Proven experience leading large-scale real estate capital initiatives, including strategy development, financial planning, property searches and space allocations in alignment with institutional priorities.
Experience in building and managing occupancy of academic facilities, including science laboratories and other technology-driven research spaces, demonstrating familiarity with high-speed computing plants and related needs in data storage, utilities and unique venting requirements to support research of all types.
Demonstrated success in executing complex, high-profile real estate projects involving multiple stakeholders, delivered on time and within budget in an international setting.
Track record of developing and implementing capital projects and solutions that foster inclusive, safe environments for diverse communities.
Understanding of real estate contracts and the related legal framework, ideally specific to the New York City code, zoning, and other local laws.
Strong connections to the New York City real estate community and major corporations therein are also strongly preferred.
Strong ability to ensure organizational structures and financial projections support strategic goals and institutional priorities, including on-time and on-budget project management.
A forward-thinking partner to senior leadership, bringing sound judgment, insight, and a commitment to institutional mission.
Skilled in managing complex issues involving distinct constituents and stakeholders.
Demonstrated ability to work independently, exercise sound judgment, and respond effectively in time-sensitive situations.
Proven success in recruiting, retaining, developing, and motivating high-performing teams.
Highly developed leadership and communication skills; a collaborative, consensus-building style that promotes inclusiveness and teamwork.
Superb verbal, written, and interpersonal communication skills, including strong presentation and persuasion abilities.
Ability to navigate both long-term strategic planning and short-term tactical execution with agility.
Deep understanding and sensitivity to the disparate cultures and operational nuances within a comprehensive, decentralized university with an academic medical center.
A confident, service-oriented leader who models positivity and integrity and inspires trust through ethical and professional conduct.
Must be well versed in quality data collection to ensure adequacy, accuracy and legitimacy of data in NYU systems and be able to strictly follow data privacy and security procedures for data handling and analysis to ensure adherence to legal and institutional standards.

Nice To Haves

Master's Degree or an advanced degree in Architecture, Civil Engineering or a related field.
15+ years real estate development experience, including experience in economic development, facilities and operations, and placemaking, as well as experience related to sourcing, building and managing the plant for a large tech or scientific research corporation/nonprofit organization as “owner-occupier.”
Strong connections to the New York City real estate community and major corporations therein are also strongly preferred.

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