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Vice President, Portfolio Management - Staten Island
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$120,000 - $125,000 a year
Full-time
- Position Overview: Reporting to VP, Executive Director of Commercial & Industrial, the VP, Portfolio Management is responsible for managing the oversight, development, and direct management of real assets located within the Borough of Staten Island that includes assets such as Empire Outlets, Staten Island Stadium, the Lighthouse Museum, Lighthouse Point, St. George Ferry Terminal, Teleport and various others.
- The VP, along with a Senior Associate direct report, manages the project goals for assets within the portfolio including relationship management, leasing, redevelopment planning, and financial optimization for the portfolio.
- Lead the team in creating strategies and executing upon negotiations and contracting on a variety of agreement types including Operating Agreements, Leases, Permits and other contracts (including litigation), in partnership with the EDC Legal team, City Law and outside counsel where appropriate.
- Evaluate and then execute upon opportunities for redevelopment within the portfolio, planning for RFPs and/or capital projects to modernize, expand or reposition assets.
- Manage the cadence of asset management duties, including consistent tenant communications, monthly portfolio meetings to reconcile management budgets, review lease pipelines, plan for lease expirations, evaluate tenant financial reports, manage arrears and collections, investigate insurance issues, advise on any ongoing litigations and other regular asset management tasks.
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