Description

Position at MTA Headquarters

JOB TITLE:

Associate Director, Transaction Management

DEPT/DIV:

Real Estate

SUPERVISOR:

Senior Deputy Director Transaction Management

WORK LOCATION:

2 Broadway, New York, NY 10004

HOURS OF WORK:

9:00 am - 5:30 pm (7.5 hours/day) or as required

FULL/PART-TIME

FULL

SALARY RANGE:

$115,000 - $125,000

DEADLINE:

Until filled

This position is eligible for telework, which is currently one day per week. New hires are eligible to apply 30 days after their effective date of hire.

Job Summary:

Under the supervision of the MTA Senior Deputy Director, Transaction Management the Associate Director will assist in the management of all real estate activities related to planning and managing the acquisition of property rights to support the MTA Capital Program and developing, implementing leasing strategies to generate revenue for MTA Long Island Rail Road, MTA Metro-North Railroad (Metro-North), MTA New York City Transit, and MTA Bridges and Tunnels (B&T). They will work with other MTA departments and operating units such as legal, procurement, planning, and capital construction, as well as consultants and other groups, to ensure the successful completion of all acquisition, licensing, and leasing projects. The incumbent will also complete other projects and tasks as assigned.

Responsibilities:

• Assist in maximizing return on the real estate portfolio for all MTA agencies; assist in coordinating with operating agencies to improve transportation facilities and develop opportunities.
• Negotiate contracts of sales or purchases, leases, licenses, and other agreements in support of the transit system. Manage the acquisition of property rights necessary to support, improve, and expand transportation facilities.
• Act as a liaison with MTA operating agencies and their component groups (e.g., legal, engineering, construction, and operations) in the planning, implementation, and management of property acquisition and leasing projects. Work with governmental agencies and oversight groups (e.g., federal, state, and city) to efficiently realize all project goals.
• Work with MTA real estate team (tenant management, operations and project management, and finance/administration), in a collaborative effort to accomplish organizational goals and objectives.
• Prepare and issue requests for proposals for licensing commercial space, negotiate and complete license agreements, and manage the process of opening concession spaces throughout the MTA system.
• Assist and prepare letters, memos, requests for proposals, and staff summaries.

Required Knowledge/Skills/Abilities:

• Leadership skills with experience in managing small, project-motivated teams with proven outcomes;
• Exceptional organizational skills with the knowledge and ability to analyze, comment, interpret, negotiate, and draft real estate documents and the ability to present information clearly and accurately in both written and spoken form;
• Detail-oriented individual with exceptional time management skills, problem-solving abilities, and a well-developed capacity for strategic thinking;
• Self-starter who can develop and administer work plans involving extensive and complex interrelated processes, and a person who can operate under exacting time constraints;
• Knowledge of real estate leasing and acquisitions, financing, and management principles as well as a familiarity with maps, blueprints, and surveys. General knowledge of construction principles and cost estimates and analysis preferred.
• Essential to this position are good leadership skills with the ability to adapt to changing requirements and situations with tact and good judgment;
• A working knowledge of Microsoft Word, PowerPoint, and Excel programs.
• A working knowledge of valuing cash flows and other financial calculations pertinent to real estate.

Required Education and Experience:

• Bachelor's Degree in Arts/Sciences (BA/BS) in real estate, real estate development, architecture, or urban planning, or an equivalent combination of education and experience may be considered in lieu of a degree.
• Minimum 5 years progressively responsible experience in commercial real estate
• Minimum 3 years of experience in property acquisitions - of both land and buildings; knowledge of federally funded acquisition requirements is a plus.

The Following is/are preferred:

• Master's degree in Arts/Sciences (MA/MS) in real estate, real estate development, architecture, or urban planning
• Minimum 3 years progressively responsible experience in commercial real estate
• Licensed Real Estate Agent preferred upon hire

Other Information

May need to work outside of normal work hours (i.e., evenings and weekends)

Travel may be required to other MTA locations or other external sites.

According to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the "Commission").