Vice President, Brooklyn & Queens, Commercial & Industrial

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. 

Sectional Responsibility: NYCEDC Commercial & Industrial portfolio includes retail, entertainment, mixed use, and office assets within the boroughs of Brooklyn and Queens.

Position Overview: The Vice President, Brooklyn & Queens, is responsible for managing the oversight, development, and direct management of commercial and industrial real estate assets located within the boroughs of Brooklyn and Queens. The portfolio includes Downtown Brooklyn Metrotech; Atlantic Center; Coney Island Amusement Parks, Childs Building & Amphitheater; Kaufman Astoria Studios; Bedford Union Armory; East New York Industrial Building; other mixed use and industrial sites; and upcoming mixed-use activations in Willets Point. The VP, along with an Assistant Vice President direct report, manages the project goals for assets within the portfolio, including relationship management, leasing, redevelopment planning, and financial optimization for the portfolio.

This is a strategic position, reporting directly to the Vice President, Executive Director for Commercial & Industrial – Brooklyn, Queens & Staten Island, with significant interface with NYCEDC’s President’s Office, and demands a dynamic and strategic leader experienced in managing, optimizing, and leading and optimizing large, diverse real estate portfolios, including through development and repositioning. The portfolio encompasses traditional leasing, land-use initiatives, workforce programs, and innovative sustainability efforts aimed at creating jobs, promoting the green economy, and supporting economic growth in Brooklyn and Queens. The VP will navigate multifaceted stakeholder environments, driving operational excellence, and leading transformative projects that will have a lasting impact on New York City.

Essential Duties & Responsibilities:

Strategic Planning

• Oversee all aspects of the portfolio, including strategic planning, development, and operations, to maximize its economic potential and community benefits
• Lead the development and execution of a comprehensive strategic vision for the Brooklyn & Queens Portfolio, ensuring alignment with NYCEDC’s broader goals of economic development, sustainability, and community impact.
• Evaluate and then execute upon opportunities for redevelopment within the portfolio, planning for RFPs and/or capital projects to modernize, expand or reposition assets. This includes developing the financial underwriting of proposed investments and managing team members in building financial models.

Portfolio Management

• Manage the cadence of asset management duties, including consistent tenant communications, monthly portfolio meetings to reconcile management budgets, review lease pipelines, plan for lease expirations, evaluate tenant financial reports, manage arrears and collections, investigate insurance issues, advise on any ongoing litigations and other regular asset management tasks.
• Lead the team in creating strategies and executing upon negotiations and contracting on a variety of agreement types including Operating Agreements, Leases, Permits and other contracts (including litigation), in partnership with the EDC Legal team, City Law and outside counsel where appropriate.
• Direct the preparation of various contracts, requests for proposals (RFPs), and reports according to company and management expectations and guidelines and consult with Senior Management as directed regarding preparation of key correspondence and investment memoranda.

Leasing and Tenant Relations

• Develop and implement a strategic leasing attraction and retention plan to optimize occupancy and revenue across all asset in the portfolio.
• Cultivate strong relationships with current and prospective tenants, ensuring high satisfaction and retention rates.

Leadership and Team Development

• Lead, mentor, and develop a multidisciplinary team, fostering a culture of innovation, collaboration, and professional growth.
• Build team capabilities to support the strategic objectives of the Brooklyn & Queens Portfolio and the broader NYCEDC mission.
• Train, manage and oversee junior staff to execute on real estate finance, communications (including presentations), project management, asset m