Vice President, Residential Real Estate & Development (DD)

HEARTSHARE HUMAN SERVICES OF NEW YORK•New York, NY

About The Position

The Vice President, Residential Real Estate and Development for Developmental Disabilities leads the end-to-end pipeline for new DD residential homes and planned transitions out of aging or noncompliant locations. The role sources properties, runs due diligence, negotiates letters of intent and lease or purchase terms, coordinates design and build activities, manages municipal and state processes, and delivers move in ready homes that meet OPWDD and HCBS requirements. This position partners closely with Real Estate/Facilities & Maintenance, DD Residential leadership, Compliance and PQI, Finance, Legal, and Community or Government Relations. The goal for this leader will be to preserve bed capacity on time, on budget, and in compliance, while keeping people and programs whole during transitions.

Requirements

Bachelor’s Degree required
Twelve or more years of progressively senior experience in NYC real estate acquisitions, affordable or special needs housing development, or regulated residential development, with a demonstrated record closing transactions, coordinating due diligence and design, managing external counsel and architects, delivering multi-site pipelines, and preparing materials for senior leadership and boards.
Strong negotiation skills for letters of intent, leases, and purchase and sale agreements
Financial modeling and capital budgeting skills
Vendor and broker management with clear performance expectations
Fluency with zoning basics, environmental and building due diligence, construction sequencing, and schedule control
Ability to collaborate across Real Estate, Residential Services, Facilities, Compliance, Finance, and Legal
Clear written and verbal communication. Strong meeting facilitation and community engagement

Nice To Haves

Master’s degree in real estate, public administration, planning, or related field preferred
Experience with OPWDD settings or other regulated residential environments strongly preferred
Knowledge of DOH and NYC Accessibility housing standards preferred

Responsibilities

Maintain a rolling 18-to-24-month acquisition and transition plan with ranked targets, business cases, and timelines
Build and manage a broker network, issue requests for proposals when useful, and set clear expectations and accountability
Lead site selection and local notice processes for community residences, including outreach to community boards and elected officials
Prepare complete submissions for OPWDD and coordinate inspections and approvals
Oversee adherence to accessibility, safety, and integrated community living standards
Coordinate Facilities, owner’s representative, general contractor, and vendors to deliver scope on time and within budget
Prepare and negotiate letters of intent and track to lease or purchase and sale
Coordinate title, survey, environmental Phase I, zoning checks, architectural test fits, and cost estimates
Produce board and leadership materials that summarize risk, budget, schedule, and fit for program needs
Plan decanting and move in with Residential leadership to avoid service disruption
Execute checklists for licensing readiness and opening
Own project pro formas and cash flow and align with Medicaid revenue models and move schedules
Identify and secure capital sources when applicable in partnership with Development and Finance
Set and manage critical paths from letter of intent through occupancy
Establish and report key performance indicators and run post project reviews to improve cost, schedule, and quality
Manage communications with municipal partners, community boards, families, and internal leaders
Represent the agency with professionalism and clarity at meetings and hearings
Other duties as assigned by the Chief Program Officer and/or President and CEO

Benefits

Rewarding work in a team environment.
Paid vacation, sick, personal days, and holidays.
403(B) retirement plans with employer contribution.
Health, dental, vision and life insurance.
Employee Assistance Program (EAP).
Flexible spending account (Dependent Care, Medical, Parking, and Transit).
Employee appreciation programs and events.
Tuition assistance program.
Professional development opportunities.
Wellhub discount
Verizon Wireless discount.
BJs membership discount.
Discounts on Broadway tickets, movie tickets, theme parks, sporting events, gift certificates & more.