Senior Project Manager, Public-Private Development

Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

RXR is currently looking for a Senior Project Manager, Public-Private Development. This position will primarily focus on new P3 opportunities for the firm, as well as work on existing development projects in RXR’s portfolio.  

RXR is an innovative real estate investment manager, operator, developer, and place-maker committed to applying a customer and community-centered approach to acquiring, operating, and building properties and to providing services and products that create enduring value for all stakeholders. Headquartered in New York with a nationally-scaled platform, RXR is an approximately 450 person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation.

RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies. The RXR platform manages 109 commercial real estate properties and investments with an aggregate gross asset value of approximately $16.6 billion, comprising approximately 30.9 million square feet of commercial properties, a multi-family residential portfolio of approximately 9,600 units under operation or development, and control of development rights for an additional approximately 3,000 multi-family and for sale units. RXR’s portfolio includes Manhattan signatures the Helmsley Building, 75 Rockefeller Plaza, 590 Madison and Starrett-Lehigh.

RXR is proud to be a leader in public-private partnerships (“P3”) across all asset types. Its commercial and mixed-use development P3 portfolio includes 175 Park Avenue, adjacent to Grand Central Terminal; JFK Terminal 6; Hamilton Green in White Plains, NY; and ongoing master development projects in New Rochelle, NY; Glen Cove, NY; and Apex, North Carolina. RXR is currently converting 5 Times Square into up to 1,200 residential units, in partnership with the City and State of NY.

SUMMARY:

The Senior Project Manager will work for the Executive Vice President, Investments & Public-Private Partnerships on the identification of P3 opportunities (inclusive of public, institutional, non-profit and other partners) and ongoing project management of portfolio projects through the acquisition, pre-development and entitlement phases.

The SPM will be responsible for the day-to-day oversight of their projects, including program development and due diligence in cooperation with RXR’s Development and Construction teams, zoning and entitlement review, community and stakeholder outreach and coordination, and working closely with the Investment Management Group on underwriting, and program assumptions.

The SPM will also play a significant role and be involved in monitoring political and government programs and developing policy positions and responses to issues that impact RXR’s business and/or have implications for the broader geographic areas in which the company operates.

This is a role which spans multiple RXR departments and provides wide visibility and exposure to different facets of RXR, including the company’s executive leadership.  Work will primarily relate to real estate opportunities, but may also involve infrastructure, prop-tech, real estate advisory and other opportunities the company pursues.

The ideal candidate will have a breadth of experience across multiple aspects of real estate development, have a demonstrated ability to manage projects and, above all, be a creative, engaged self-starter with an ability to work independently and respond quickly to new challenges and opportunities.

Historically, this opportunity positions candidates to continue professional growth as part of RXR’s development team, with direct responsibility and exposure for projects through the development lifecycle.

PRINCIPAL RESPONSIBILITIES:

• Work under the direction of the EVP to manage all aspects of public-private partnership work, from identification of opportunities to bid responses, site evaluation and diligence, acquisition, entitlements, pre-development and thereafter as required.
• Similarly, work with the EVP to manage all aspects of P3-adjacent opportunities, such as private acquisition