Project Executive, Development
RXRAbout the role
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.
Job Summary
The Project Executive of Development is responsible for the strategic oversight, execution, and performance of RXR’s development and redevelopment portfolio. This role provides senior leadership across the full development lifecycle—from early underwriting and diligence through design, construction, delivery, and turnover—while ensuring projects align with RXR’s investment objectives, financial targets, and operational standards. This position requires a particular focus on residential opening/turnover readiness and institutional client relationship management.
In addition, this role will serve as a leader in expanding RXR’s residential conversion platform by partnering with internal teams to identify and pursue new opportunities, strengthen market relationships, and support business development efforts aligned with RXR’s strategic priorities.
The Project Executive of Development serves as the project lead, partnering closely with internal investment, construction, and asset management teams, as well as external developers, consultants, public entities, and capital partners.
Responsibilities
Portfolio Project Oversight & Performance Management
- Oversee RXR’s development and redevelopment projects to ensure delivery on schedule, within budget, and consistent with approved business plans.
- Monitor project performance across cost, schedule, risk, and quality metrics; provide regular reporting and escalation to senior leadership as needed.
- Support Project Executives and project teams to resolve complex issues and maintain forward momentum.
Development Execution & Project Leadership
- Serve as Project Executive on RXR-led projects, with accountability across planning, design, entitlements, procurement, construction, and close-out activities from pre-development through completion.
- Ensure appropriate consultant and contractor selection, scoping, leveling, negotiation, and performance management.
Investment Support & Due Diligence
- Partner with the Investment team to provide development and construction assumptions, cost modeling, schedules, and risk assessments during underwriting.
- Lead and coordinate development-related due diligence for new non-office development and redevelopment opportunities.
- Evaluate feasibility, constructability, phasing, and delivery strategies to inform investment decisions.
External Developer & Partner Oversight
- Act as RXR’s representative for development investments led by third-party developers, providing governance, oversight, and reporting.
- Review budgets, schedules, contracts, and design decisions to ensure alignment with RXR standards and investment objectives.
- Proactively identify risks and recommend mitigation strategies to protect RXR’s capital and reputation.
Stakeholder & Relationship Management
- Manage relationships with joint venture partners, developers, public agencies, consultants, and community stakeholders.
- Lead or support negotiations related to zoning, development agreements, consultant contracts, construction agreements, and partnership arrangements.
- Represent RXR externally on development matters, promoting the firm’s capabilities, values, and long-term partnerships.
Team Leadership & Organizational Effectiveness
- Lead, mentor, and develop project managers and senior project managers across the platform.
- Foster a culture of accountability, collaboration, and continuous improvement.
- Contribute to process optimization, staffing plans, and capability building across the development organization.
Qualifications
Top Competencies
- Owner Mindset & Delivery Accountability
Own outcomes across multiple concurrent workstreams. Creates clarity amid ambiguity, makes timely decisions, escalates appropriately, and keeps teams moving toward the business plan without sacrificing quality or compliance. - Financial Management & Controls
Builds and manages project budgets, forecasts, and cash flows
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