Analyst

Job Locations US-NY-New York
Job ID
2578
Function
Asset / Portfolio Management
Location Name
10 Hudson Yards

Overview

Hudson Yards is the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center. The site will include more than 18 million square feet of commercial and residential space, state-of-the-art office towers, more than 100 shops including New York’s first Neiman Marcus, and a collection of restaurants curated by Chef Thomas Keller. The urban development will include approximately 4,000 residences, The Shed, a new center for artistic invention, 14 acres of public open space, a 750-seat public school and an Equinox® branded luxury hotel with more than 200 rooms—all offering unparalleled amenities for residents, employees and guests. The development of Hudson Yards will create more than 23,000 construction jobs.


Hudson Yards is the fulfillment of a remarkable collaboration that includes a talented group of visionaries – planners, architects, engineers, designers, public servants, fashion icons, renowned chefs, business leaders, luminaries and more. They are working in partnership with New York’s development and transportation authorities, and with some of the world’s most iconic retail brands and leading companies – each of whom will call Hudson Yards home.


Strategically located between 10th and 12th avenues from West 30th to West 34th Street, Hudson Yards is the center of the metropolitan region with unsurpassed connections to commuter rail service, the subway system, the West Side Highway, the Lincoln Tunnel and ferries along the Hudson River. The extension of the No. 7 Subway line, opened in 2015, arrives at Hudson Yards’ front door. In the nexus of Chelsea and Midtown West, this dynamic neighborhood is next to chic art galleries, award winning restaurants, popular bars and nightlife venues, and highly respected international fashion and design. The neighborhoods surrounding Hudson Yards, including Chelsea, West Chelsea and Hell’s Kitchen are buzzing with chic art galleries, innovative restaurants and bars, and highly respected international fashion and design. City dwellers hungry for a taste of the outdoors now have a variety of green spaces to explore including the much-celebrated High Line, Hudson River Park and Hudson Park & Boulevard. With the new No. 7 Subway extension open as of fall 2015, getting to Hudson Yards will be fast and easy.

Responsibilities

The Analyst of Related Hudson Yards Manager is responsible for creating, implementing, and sustaining the operating plan for commercial assets at Hudson Yards. Throughout the development phase, the Analyst works closely with development, construction, and operations teams to create preopening and operating budgets for investor and lender reporting. During the operational phase, the Analyst is responsible for the financial performance of the asset, including expense recoveries, leasing strategies, capital projects, and contract management.


Key Responsibilities

 

Financial

  • Creating analysis of detailed budget variances, income, expenses, capital expenditures, leasing costs, and NOI and
  • Acquisition of skills and consistent use of all technology tools implemented by Related
  • Develop Monthly/Quarterly/Yearly financial reporting for all P&Ls

 

Leadership

  • Consistently communicate and assess needs of all Senior Leadership and Owners
  • Ability to own and execute cross functional projects
  • Collaborate with all RHYM teams such as Accounting, Compliance, Engineering, HR, and all subsequent P&Ls to maximize efficiency for all current projects as well as projects in the pipeline
  • Develop strategies, project plans, and set expectations for key RHYM projects in collaboration with leadership
  • Coordinate with external stakeholders to develop operational protocols and procedures
  • Involvement in contract negotiation and review of legal documentation for joint venture and management agreements, purchase and sale contracts, and ownership structures

Qualifications

Key Skill Set

  • Strong quantitative, financial analysis and modeling, MS Excel skills are required.
  • Exceptional time management and prioritization skills are also required to succeed in a fast paced environment, managing multiple projects with significant responsibilities and competing priorities.
  • Coping skills, attention to detail, along with a strong desire to grow and succeed are critical.
  • Excellent communication and interpersonal skills at all levels are critical to success at Related.
  • Must be able to work well in groups but also independently to manage and own tasks.
  • Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines.
  • Candidates that have a passion for real estate, a strong entrepreneurial mind, and strong work ethic will have the potential to become part of a growing company on the cutting edge of real estate development and an industry leader.


Education and Professional Qualifications

  • Bachelor's degree in Real Estate, Management, Finance or Business Administration or related field or comparable proven experience
  • Minimum 2 years of relevant real estate experience
  • Strong financial acumen; must understand the components driving P&L
  • High level presentation, written and verbal communication skills
  • Experience creating and managing budgets and reporting to investors
  • Ability to multi- task and prioritize tasks to ensure corporate goals and time frames are met
  • Proven improvement of process and operating results
  • Exceptional customer-service skills; demonstrated ability to maintain strong working relations with both internal and external clients
  • Demonstrated ability to manage multiple and complex operational matters on a daily basis

 

Related is an Equal Opportunity Employer

Not the right job for you?