Project Manager

Brooklyn Navy Yard Development Corporation; New York, Northern (NY, KY); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Pension plan

Medical coverage from Day 1

HRA $6,000 annually

Life/AD&D insurance

12 weeks paid parental leave

EAP memberships (Maven, Teledoc)

Transit/Commuter benefits

Fertility benefits

Pet insurance

PTO and paid sick leave

Job summary

Brooklyn Navy Yard Development Corporation (BNYDC) seeks a Project Manager to support adaptive reuse, ground-up development, and asset management for Yard properties in New York City.

The role involves budgeting, scheduling, funding analysis, and coordinating with city and state agencies to advance development and leasing initiatives. A background in real estate or economic development is preferred.

Qualifications

• Strong written and verbal communication, and presentation skills.
• Basic financial modeling including pro forma cash flow and budgeting.
• Familiarity with public-private funding sources.
• Proficiency with Microsoft Office and advanced Excel.

Responsibilities

• Identify and advance pre-development tasks: site assessment, cost estimation, market study, feasibility analysis, and strategy formation.
• Create and manage project budgets and schedules, track financial performance and critical items.
• Forecast funding sources and uses, cash flow, and ROI across complex financing.
• Coordinate approvals with City, State and Federal agencies (DOB, SBS, PDC, ESDC, FEMA).
• Support procurement, evaluate proposals, and work with Legal and External affairs teams.

Skills

Communication skills

Financial modeling

Public-private funding

Microsoft Excel

Education

Bachelor’s degree

Graduate degree preferred

Tools

Excel

Job description

Summary

The Brooklyn Navy Yard Development Corporation (BNYDC) is a not-for-profit corporation that serves as the real estate developer and property manager of the Yard on behalf of its owner, the City of New York. BNYDC strives to provide an environment in which innovative companies can take root and grow.

As a Project Manager, you will support adaptive reuse projects of historic Yard properties, advance ground-up development, and perform various asset management related functions.

Areas of Responsibility

• Identify and advance pre-development tasks including site assessment, analysis of permitted uses, cost estimation, market study, feasibility analysis, and formulation of overall strategy
• Create, maintain, and update project budgets, schedules, financial performance, any critical items
• Forecast and track project sources and uses, cash flow, and return on investment metrics, in the context of complex funding sources
• Understand and model proceeds, costs, design implications, compliance, and other relevant aspects of sophisticated public-private funding sources including Historic Tax Credits, and others
• Support efforts to identify and work to obtain debt and equity funding sources
• Identify, advance, coordinate and report on critical City, State and Federal agency approvals, including DOB, SBS, PDC, ESDC, FEMA, and others
• Manage and/or support procurement process, including preparation of RFP’s and RFEI’s and corresponding strategy to maximize number/quality of responses, and evaluation of proposals, in coordination with Legal and External affairs teams
• Work with BNYDC Construction team to track contractor procurement, construction schedule, actual costs relative to budget, and issues affecting timely completion of project; and collaborate to propose solutions to issues
• Evaluate potential leasing deals based on economics, tenancy, and furthering BNY’s mission
• Provide updates and prepare presentations and recommendations for senior management, BNYDC Board of Directors, and other stakeholders
• Meet with tenants, consultants, contractors and other external stakeholders to problem-solve leasing, construction, and development related matters
• Perform other job-related duties as assigned

The above duties and responsibilities are not intended to limit specific duties and responsibilities of this position. It is not intended to limit in any way the authority of supervisors to assign, direct and control the work of employees under their supervision.

Required Skills and Abilities

• Written and verbal communication and presentation skills
• Basic financial modeling skills, including pro forma cash flow modeling, sensitivity analysis, budgeting sources and uses, etc.
• Familiarity with public-private funding sources
• Proficiency in Microsoft Office, advanced proficiency in Excel

Qualifications

• Bachelor’s degree in business, economics, public policy, urban planning, or similar field required; graduate degree preferred
• 1-3 years of experience in real estate development, economic development, project management, or a similar field
• Experience in land use, real estate finance, construction, economic development, public-private funding, and/or leasing

BNYDC is an Equal Opportunity Employer. All applicants will be considered for employment without regard to race, color, religion, creed, sex (including actual or perceived sex, gender, gender identity, self-image, appearance, behavior or expression) sexual orientation, genetic trait, actual or perceived status of a victim of domestic violence, or as victim of sex offenses or stalking, unemployment status, age, ancestry, national origin, citizenship status, marital or domestic partnership status, military status, handicap, disability, or any other legally protected classification.

BNYDC is proud to offer a comprehensive benefits package for eligible employees. Some of the highlights include:

• Employer-funded pension plan, with annual contributions up to 14% of your salary
• Medical, dental, and vision coverage options starting Day 1 of employment
• Annual HRA (health reimbursement arrangement) of $6,000 to cover out-of-pocket medical & mental health expenses
• Employer-funded Basic Life/AD&D coverage
• 12 weeks paid parental leave
• Maven, Teledoc & TotalCare EAP memberships
• Transit/Commuter & Let’s Ride NYC (Citi Bike) benefits
• Fertility benefits through Maven (employer-sponsored membership)
• Discounted pet insurance through MetLife
• 4 weeks of PTO, additional paid sick leave