Board-Driven Luxury NYC Property Manager

Vaco; New York (NY); On-site; USD 160,000 - 200,000; Full time

Job summary

Vaco, located in Manhattan, NYC, seeks a seasoned Portfolio Property Manager to oversee luxury co-op and condo portfolios. You will coordinate boards, property alterations, and major capital projects while ensuring financial discipline and regulatory compliance.

Ideal candidates have extensive NYC co-op/condo experience, strong communication skills, and proficiency with Yardi or similar PM software. The role emphasizes leadership, vendor coordination, and strategic asset management.

Qualifications

• 5-7+ years of Property Management experience.
• Extensive experience managing NYC condo and co-op properties.
• Luxury residential property management background.
• Capital project management experience.
• Experience working directly with boards and board members.
• Financial management knowledge including budgeting, arrears, and capital projects.
• Governmental compliance knowledge.
• Strong understanding of co-op and condo governing documents.
• Experience with property management software (Yardi preferred).
• Strong written and verbal communication skills.

Responsibilities

• Portfolio oversight of multiple condominium and cooperative properties.
• Managing relationships with co-op and condo boards.
• Leading annual meetings and board communications.
• Oversight of apartment alterations and approvals.
• Managing and coordinating capital improvement projects including facade restorations, heating system upgrades, elevator modernizations, HVAC projects.
• Reviewing financials, budgets, arrears, and capital project expenditures.
• Ensuring compliance with applicable local, state, and governmental regulations.
• Interpreting and administering governing documents, including Offering Plans, By-Laws, House Rules.
• Utilizing property management and accounting systems to support operations.
• Partnering with onsite property managers to drive operational efficiency and service excellence.

Skills

Communication skills

Tools

Yardi

Job description

Vaco, located in Manhattan, NYC, seeks a seasoned Portfolio Property Manager to oversee luxury co-op and condo portfolios. You will coordinate boards, property alterations, and major capital projects while ensuring financial discipline and regulatory compliance.

Ideal candidates have extensive NYC co-op/condo experience, strong communication skills, and proficiency with Yardi or similar PM software. The role emphasizes leadership, vendor coordination, and strategic asset management.