Asset Management Analyst
Brooklyn
**ABOUT US:** Our client is a premiere real estate developer based in Manhattan that is looking to bring on an Asset Management Analyst in a newly-created role given a new project in Brooklyn. Position will be a mixture of onsite at property in Brooklyn and NYC HQ. **RESPONSIBILITIES** * Monitor and oversee property operations in collaboration with the Regional Property Manager to ensure the achievement of targets. * Key operational aspects include occupancy, leasing, unit turnovers, violations clearance, collections, subsidy terminations, and work order completion * Formulate and implement plans to secure increases in rental subsidies, working closely with property management staff to execute these plans effectively * Collaborate with maintenance staff, vendors, and expeditors to address violations from HPD, DOB, ECB, and FDNY * Work alongside the in-house Construction Management team to develop capital improvement plans * Ensure properties adhere to all local laws and are prepared for mandated inspections * Conduct regular site inspections to evaluate property conditions, ensuring maintenance and repair work aligns with our standards. * Verify the creation of work orders and completion of identified deficiencies * Actively oversee controllable expenses for each property, providing commentary on actual versus budget variances and contributing to the development of annual budgets * Propose value-add initiatives for each property and collaborate with project team members to establish investment objectives * Review contracts and engage in negotiations with contractors, vendors, and consultants as necessary * Support team members in developing cash management forecasts to incorporate real-time operational updates into the forecasts **QUALIFICATIONS** * 2 + years experience working in multifamily real estate * Proficiency in Excel and PowerPoint require * Excellent written and verbal communication skill * Driven to identify project priorities independently * Ability to manage multiple time sensitive tasks at once
