Analyst, Lease Administration

New York, New York, United States

Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City’s diverse people and businesses.   

Our Mission: Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers. 

Position Overview: The individual in this position will assist the Vice President of Lease Administration in abstracting lease components, the preparation of documents for accurate billing, and tenant financial reporting compliance. 

Essential Duties & Responsibilities:

  • Supports the VP and SVP to manage and implement the administration of complex commercial leases and lease related assignments 
  • Completes billing information for submission to Accounting 
  • Completes Lease Abstract information on EDC’s MRI Extension program 
  • Reviews Term Sheets with Vice President prior to execution including checklist and financial viability of prospective tenants 
  • Manages completion of local laws such as MMR, PMMR and Local Law 48 
  • Administers documents for execution in Adobe sign internally and with City agencies 
  • Tracks collection of tenant financial reporting obligations according to EDC leases 
  • Contacts tenants for missing and/or overdue financial reports 
  • Works with Portfolio Managers and Accounting to ensure compliance with financial reporting 
  • Works with Senior Leadership for legal enforcement of financial reporting requirements 
  • Administers outside contracts with audit firms and processes invoices for payment 
  • Assists in budgeting for audit firm(s) contracts 
  • Prepares excel reports for EDC Leadership as requested 

Requirements:

  • Bachelor’s Degree or equivalent in Business, Real Estate, Accounting or related field 
  • 1-2 years of experience with lease administration 
  • Demonstrated verbal and written communication skills, and high attention to detail 
  • Knowledge of MRI software 
  • Proficiency in Microsoft Office (Excel, Word, Outlook, etc) 
  • Ability to work in a team environment 
  • New York City residence is required within 180 days of hire 

Salary Range

$58,000 - $60,000 USD

About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy. 

NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance.  We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:  

  • Generous employer subsidized health insurance 
  • Medical, dental, and pharmacy plans  
  • Vision and hearing benefits
  • Flexible spending accounts for healthcare and dependent care  
  • Short term and long-term disability coverage
  • 100% employer covered life insurance and supplemental life insurance coverage
  • Up to 25 vacation days
  • Floating Holidays and Summer Fridays
  • Parental leave - up to 20 paid weeks
  • Retirement savings programs
    • Company-paid 401(a) defined contribution plan
    • 457(b) tax-advantaged retirement savings plan
  • Tuition Reimbursement program
  • Continuing education and professional development
  • Public Service Loan Forgiveness (PSLF) eligible employer
  • College savings plan
  • Backup childcare  
  • Gym membership discounts
  • A Calm.com membership for mindfulness and mental health support  
  • Employee discounts through Plum Benefits and much more   

Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization. 

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents. 

For more information, visit our website at edc.nyc. 

 

 

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