Immediate opening for an experienced Real Estate Property General Manager

New York, NY

Our client, A Major Luxury Residential Property Developer is searching for an experienced Real Estate Property General Manager in New York. The ideal candidate will oversee Property performance of a for a brand new mixed-use 1,000 unit apartment complex consisting of luxury and rent-stabilized lease-up rentals and condominiums.

The Real Estate Property General Manager must have the following qualifications:

• Bachelor’s degree
• NYS Sales license is preferred. Must obtain within 120 days
• Fair housing certificate Must obtain within 60 days otherwise.
• Industry certifications such as CPM, RPA or ARM are desirable.
• Seven+ (7+) years’ experience in New York City luxury residential rental property management, new construction lease-up/building opening experience is strongly desirable.
• Experience managing luxury new development Condo’s
• Familiarity with Rent Stabilization Law and DHCR filing/administrative, NYC HPD/HDC, NYS HFA and/or LIHTC affordable housing experience very desirable.
• Experience with Local 32BJ building staffing & prevailing wage laws
• Demonstrated ability to supervise staff and make necessary management decisions on a timely
• Superior oral and written communication
• Must possess a high energy attitude and an ability to multi-task/prioritize different projects at any given time.
• Strong analytical, organizational and managerial
• Working knowledge of Microsoft Office and Windows environment
• Experience with Yardi Voyager, AvidXchange, On-Site, Click-Pay and other industry-standard PM platforms is strongly

The Real Estate Property General Manager will have the following Responsibilities

• Manage the day-to-day Rental and Condo operations of an assigned property, including managing the team members, daily activities, and resources of the property to achieve established financial and operational
• Direct Reports: Assistant Property Manager, leasing agent, Building Service
• Oversee all staff and operations of a large luxury rental hi-rise, including Resident Manager, Assistant Property Manager and future Leasing
• Manages the client/owner relationship by meeting with the owners, conducting property tours, providing updates & information about the property’s performance, and responding to owner requests as needed
• Monitor cash funds of the
• Participate, create, and present operational budget & business plan creation for the property.
• Meets targeted revenues by setting rent rates, ensuring rent and fees are collected and posted in a timely
• Gathers, analyzes, and interprets current market and economic trends that may impact the property
• Implements short- and long-range marketing and leasing strategies to achieve property occupancy and revenue goals
• Provides input into the development of budget(s) for assigned property by analyzing and evaluating financial statements, reviewing current and projected marketing information, and accessing operational reports
• Oversees the lease enforcement process by approving prospective resident applications, discounts and renewal leases, follows proper notice requirements, evicts residents, and imposes and collects fees and other charges as stated in the tenant’s lease
• Propose and manage market rate renewal Generate renewal offers for all expiring leases.
• Develop and maintain master turn list for units to be made
• DHCR Registration for all units (where applicable)
• General oversight of construction projects, capital improvements, compliance- related corrective work including but not limited to LL11/FISP, LL84 and elevator
• Assure the appropriate insurance requirements are in place for all vendors via credentialing service
• Responsible for monitoring illegal sublets & AirBnB
• Draft arrears reports and handle eviction
• Knowledge of rent stabilization guidelines.
• Review and approve weekly payroll for building
• Compliance with all codes and regulatory requirements for the property, including assessing and correcting any violations received by various NYC agencies (DOB, DOHMH, FDNY, HPD and others). Responsible for taking immediate action when a violation is
• Interface with internal departmental personnel (accounting, compliance, leasing, etc.
• Conduct thorough interviews for potential building open positions, temp positions, etc.
• Responsible for preparation of monthly construction draw for Owner funding.
• Available during emergency
• Perform regular inspections to ensure building safety, maintenance, cleanliness, etc.

A Competitive Salary, Full Benefits package, and 401K with company match is offered to the right candidate.  Full time, permanent position.  SALARY $160K-$180K Annually

Best Headhunters is a team oriented search firm who provides a unique, hands-on caring approach in helping a candidate match their experience with the right job opportunity. There is never a fee to the candidate for our representation. Plus, you will receive the benefit of our extensive experience and our long-term relationships with many of America’s leading companies.

We offer career coaching, and will assist you every step of the way in your goal to advance your career.  We encourage candidates to be pro-active, especially in light of today’s uncertain insurance environment in which mergers and downsizing are a common reality. This underscores the importance of placing your career in the hands of a search firm with your best interests at the core of its daily mission.

NY, Luxury Residential, Rental, Condo, capital approvals, cost reducing implementation, organized