Associate/ Senior Associate, Asset Management

Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities.  As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. 

Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.

Summary of the Position:

The Associate/ Senior Associate will be involved with quantitative financial modeling, asset performance analysis, and reporting for Rockefeller Center, an iconic portfolio of 7.2 million square feet of office and retail space located in the heart of Midtown Manhattan. Asset Management focuses on asset strategy, business plan development and execution, investment performance, investment decision analysis, lease analysis, and redevelopment management. The individual will get to work as part of a small, close-knit team that operates in a dynamic environment. The role will have the opportunity to interface with senior management and multiple, diverse departments across the company.

Rockefeller Center is a vibrant, mixed-use campus with office and retail holdings spread across 12 buildings and 3 city blocks. A significant additional component of the asset includes several operating businesses, such as Top of the Rock and the Rink at Rockefeller Center. This individual will be instrumental in working with all asset classes and business streams, with the goal of maintaining Rockefeller Center’s status as a collection of trophy office buildings, prominent retail destination, and world class tourist attraction.

Key Responsibilities:

• Think strategically and broadly about Rockefeller Center, looking deeply at the buildings through a traditional asset management lens, while also thinking creatively about ways to maintain a competitive advantage for the long-term

• Ensure Rockefeller Center is well-positioned in this evolving market and is responding proactively to market changes

• Help execute and define Rock Center’s business plan; coordinate with internal teams as well third-party consultants, such as architects, engineers, and marketing agencies, in furtherance of the business plan

• Maintain property forecasting models in Argus and Excel

• Work closely with Tishman Speyer’s Office and Retail Leasing teams to analyze potential leases, as well as maintain and update property assumptions per leases signed

• Analyze and manage tracking of ongoing capital projects in coordination with Design & Construction and Property Management teams

• Coordinate with Property Management and Accounting to maintain insight into expenses based on bills paid and projected future expenses

• Support annual budgeting and reforecasting in coordination with Property Management, Design & Construction, Leasing and Accounting teams.

• Manage refinancing and disposition activities, as they arise.

Skills & Qualifications:

• 4-6 years of experience in an analytically rigorous Real Estate or Finance environment

• Experience with ARGUS and financial modeling

• Evident passion for real estate and desire to build a career on the principal side

• Strong creative problem-solving skills

• Effective written and oral communication skills

• Ability to work effectively with both peers and senior executives in a highly entrepreneurial, team-oriented environment

• Unwavering attention to detail

• Highly organized with an ability to manage multiple ongoing responsibilities

• Effective project management skills

LOCATION: NEW YORK