• Vice President, Development

    Job Locations US-NY-New York
    Job ID
    2872
    Function
    Development
    Location Name
    60 Columbus Circle
  • Overview

    Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales.

     

    Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi, London, and Shanghai and boasts a team of over 3,500 professionals. The Company’s portfolio of over $50 billion in real estate assets owned or under development is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets. Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan’s West Side. Related also manages approximately $4 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World.

     

    Related also owns Equinox® Fitness Clubs and SoulCycle further expanding the company's capabilities into the health and fitness arena and enhancing the value of its properties through an exclusive, branded amenity and lifestyle offering. Related is a partner in CORE, a boutique residential brokerage.

    Responsibilities

    Related's Development division showcases the company's dedication to quality by producing the world's finest real estate development portfolio. We create properties that attract investors, tenants, residents and partners who appreciate our extraordinary work, as well as our long-term ownership commitment. From New York to California, from multifamily properties to Time Warner Center, our Development division has been acknowledged for setting the standard for excellence in our industry.

     

    The Vice President of Development will focus on all aspects of real estate acquisitions and development including site acquisition, project financing, due diligence, zoning, legal document review, budgeting, design, construction, marketing, leasing/sales and management.

     

    • Lead the day-to-day development activities of the high-rise residential projects including: programming, public relations, environmental, design and construction, and marketing and leasing. 
    • Take leadership and ownership for the execution of the development, with the goal of maximizing value creation and innovation.
    • On an ongoing basis, assess project risks and recommend strategies to mitigate them.
    • Be proactive in advising senior management of issues/opportunities that may have meaningful economic consequence.
    • In Collaboration with Construction and Design, work closely with architects and engineers to maximize land usage, building efficiency, design integrity and meet proforma targets.
    • Oversee day-to-day project management responsibilities: Careful attention to whether the project is proceeding on time, on budget and in accordance with plan.
    • Recommend major operating and financial decisions for approval, e.g., leases and/or financings.
    • Work collaboratively with joint venture partners and Related Midwest’s executive team.
    • Creatively problem-solve as issues arise.
    • Management and motivation of employees: all of whom would report to this position.
    • Conduct oneself with the highest level of business integrity.
    • Effectively communicate, both internally and externally.
    • Project financing will be led by New York’s Corporate Capital Markets Group.

    Qualifications

    • Minimum of 10 years relevant experience in high-rise residential development. Experience in medical care facilities is a plus.
    • Proven skill in maximizing the operating and financial performance of development projects.
    • Strong financial acumen.
    • Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines.
    • Complex thinker of very high intelligence.
    • Strategic thinker with a keen understanding of value creation.
    • Creative and innovative problem-solver.
    • Naturally thinks and acts like an owner.
    • Superior interpersonal skills:
      • Ease in working with people up and down the organization hierarchy.
      • Naturally adaptive to different audiences.
      • Diplomatically assertive.
    • Strong sense of integrity and ethics. Values entrepreneurialism. Demonstrates strong intellectual curiosity; always seeking new approaches and challenging the organization to new levels of success.
    • Excellent written and verbal and communication skills.
    • Undergraduate degree required. Graduate degree a plus.

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