Assistant Vice President, Leasing (Sunset Park)

Nycedc

New York (NY)

On-site

USD 120,000 - 123,000

Full time

3 days ago
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Benefits offered by this job

Health insurance
Paid time off
Retirement plan

Job summary

New York City Economic Development Corporation (NYCEDC) is seeking an Assistant Vice President of Asset Management—Leasing & Portfolio Management to lead leasing and market engagement for three Sunset Park industrial properties: Brooklyn Army Terminal, Bush Terminal, and BWMM.

Reporting to the VP of Leasing, you will drive tenanting strategies, revenue goals, and cross-department collaboration with Legal, Marketing, and Operations to ensure compliance and data-driven decisions.

Qualifications

  • Bachelor’s degree in Business Administration, Finance, Real Estate, or related field.
  • 5+ years of experience in commercial real estate brokerage, preferably with industrial assets.
  • Experience in leasing pipeline, prospecting to lease execution.
  • Strong communication and project management skills.

Responsibilities

  • Conduct market research and tours to inform tenanting plans.
  • Coordinate with brokerage community and expand prospect pipeline.
  • Identify prospective tenants and support portfolio-wide business development.
  • Collaborate with Marketing on outreach strategies for vacancies.
  • Assist budgeting and financial reporting for three assets.

Skills

Market research
Tenant prospecting
Lease negotiation
Budgeting & reporting
Communication
MS Office
Site tours coordination

Education

Bachelor’s degree in Business Administration/Finance/Real Estate

Tools

MRI
Microsoft Dynamics
Microsoft Office Suite

Job description

Our Vision

To make New York City the global model for inclusive innovation and economic growth, fueled by the City’s diverse people and businesses.

Our Mission

Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.

Position Overview

Reporting to the Vice President, Asset Management - Leasing & Portfolio Management, the Assistant Vice President will be part of the Sunset Park district team, supporting the implementation of a vision and strategy for the equitable development, activation, and oversight of the Sunset Park industrial waterfront. This work spans planning, leasing, placemaking, and comprehensive management of three City-owned industrial properties: the Brooklyn Army Terminal, Bush Terminal, and the Brooklyn Wholesale Meat Market (BWMM).

Under the direction of the VP of Leasing and Portfolio Management, the AVP will contribute to executing leasing strategies across assets, helping to create a diverse tenant mix that delivers on policy and revenue goals through market engagement, prospecting, deal negotiation, and lease execution.

Essential Duties & Responsibilities
  • Conduct market and consumer research, competitive analyses, and property tours to inform tenanting plans. Track and report relevant business data, expansion plans, and industry trends in collaboration with the Business Development team.
  • Serve as the Leasing team’s liaison to the brokerage community by maintaining current contact lists, coordinating property tours, and organizing events that expand the prospect pipeline and strengthen market presence.
  • Identify and engage prospective tenants, respond to inquiries, conduct site tours, maintain an active prospect list, and support portfolio-wide business development efforts.
  • Coordinate integrated marketing efforts across the properties with the Marketing Department, including developing and executing outreach strategies to attract businesses to available spaces.
  • Support budgeting and financial reporting for all three assets, including preparing and managing cash flow projections and tracking commission-related expenses throughout the fiscal year.
  • Collaborate with the Legal Department to negotiate lease agreements and renewals for the Sunset Park portfolio in alignment with budget targets, market rents, and Portfolio Management’s mission-driven asset management mandate.
  • Manage lease transactions from proposal preparation through execution, including coordinating the approval process and serving as the primary contact for tenant communications.
  • Coordinate with the Property Operations team to collect site data, facilitate tenant move-ins, and support the maintenance of site conditions.
  • Other duties as assigned.
Qualifications
  • Bachelor’s degree in Business Administration, Finance, Real Estate, or other related fields
  • 5+ years of experience in commercial real estate brokerage, preferably with manufacturing and industrial assets
  • Experience with commercial real estate development, asset management, private equity, management consulting, urban planning, economic development and/or related field
  • Detailed understanding of the leasing pipeline and process, from prospecting to lease execution
  • Proven ability to develop, execute, and communicate strategic plans independently to diverse audiences
  • Demonstrated ability to manage complex projects with close attention to detail and a solutions-oriented approach
  • Effective written, verbal, and analytical communicator; proficient in Microsoft Office Suite
  • Experience in lease negotiation and document drafting
  • Experience with construction, property management, including working directly with property managers and tenants
  • Demonstrated ability to manage complex projects with close attention to detail and a solutions-oriented approach
  • Ability to work on-site in South Brooklyn up to 3 days per week
  • NYC residency is required within 180 days of hire.
Preferred Qualifications
  • Licensed NYC broker
  • Experience in industrial campus planning, industrial policy, construction and property management, and/or manufacturing and distribution sectors
  • Market research and/or appraisal experience
  • Experience with MRI and Microsoft Dynamic software
Salary Range

$120,000—$123,000 USD

About Us

New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy.

NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:

  • Generous employer subsidized health insurance
  • Medical, dental, and pharmacy plans
  • Vision and hearing benefits
  • Flexible spending accounts for healthcare and dependent care
  • Short term and long-term disability coverage
  • 100% employer covered life insurance and supplemental life insurance coverage
  • Up to 25 vacation days
  • Floating Holidays and Summer Fridays
  • Parental leave - up to 20 paid weeks
  • Retirement savings programs
  • Company-paid 401(a) defined contribution plan
  • 457(b) tax-advantaged retirement savings plan
  • Tuition Reimbursement program
  • Continuing education and professional development
  • Public Service Loan Forgiveness (PSLF) eligible employer
  • College savings plan
  • Backup childcare
  • Gym membership discounts
  • A Calm.com membership for mindfulness and mental health support
  • Employee discounts through Plum Benefits and much more

Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.

For more information, visit our website at edc.nyc.

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