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Senior Property Manager

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POST DATE 9/6/2016
END DATE 11/5/2016

Cushman & Wakefield, Inc. New York, NY

New York, NY
AJE Ref #
Job Classification
Full Time
Job Type
Company Ref #


Job Title

Senior Property Manager

Job Description Summary

The Senior Property Manager is responsible for managing several commercial properties, multi-asset facilities, or a complex (totaling less than 1 million square feet) in an efficient and value enhancing manner that is consistent with the overall strategic plan for each property, facility or complex. Accountable for all business, financial, personnel, and management aspects of the assigned properties including preparing, implementing and adhering to the approved strategic plans, individual and overall budgets, coordinating and leading the management and staff of each property, and monitoring the supervision of the day-to-day activities of the property staff in delivering services and support to the client(s) and tenants. The position is the primary liaison with the Client(s) or Owner(s) and leads staff in the coordination of services and activities, financials, vendor selection and services, and manpower required for current and future needs of the building and operations.

Job Description


Four year college/university degree required; or at least 12 years of property management experience including at least 3 years at the level of Property Manager

*CFM, FMA industry certifications recommended; other Engineering, Business or technical training or certifications a plus.

*A minimum of 7 years commercial high-rise, campus environment, and/or property portfolio management experience required (with a 4-year degree); a minimum of 12 years of experience if no degree.

*Must have both breadth and depth of experience in leasing, construction, engineering and all facets of property operation and building management.

*Hands-on experience with tenant improvement construction projects required; ability to oversee the planning, organizing and execution of multiple projects; ability to read and understand construction specifications and blueprints.

*Must have strong management and leadership skills and experience with human resource and performance management processes.

*Must have knowledge and experience with financial accounting in commercial real estate, financial reporting and budgeting.

*Excellent technical, interpersonal, and analytical skills required.

*Excellent written and oral communications skills required

*Strong computer and systems knowledge.


*Working with the on-site property management teams, develops the overall strategic plans for all of the properties, ensures the execution of the plans, and closely monitors progress and results towards the achievement of the strategic plans.

*Is responsible for leading and directing property management teams in performing the day-to-day operation of the property to ensure that all site operations are in compliance with established policies and procedures, the management agreement, and are consistent with the client's overall objectives.

*Prepares the consolidated annual budget for all properties; reports to client/owner regarding monthly financials, operations analysis, and leasing activity reports for all locations; reviews and approves all reporting from the properties before presenting these to the responsible Portfolio Manager.

*Ensures on-site property staff conduct formal site inspections at least monthly in compliance with established standard operating policies and procedures and in accordance with the management

agreement and client requirements.

*Ensures that on-site staff are monitoring and enforcing the terms of all lease agreements, the billing and collection of rents, and other tenant charges in compliance with leases. Guides and directs on-site staff in all aspects of lease administration to ensure critical date master scheduling, lease notification and renewal notices.

*Bears primary responsibility for the coordination and maintenance of all site-specific documentation including but not limited to property information books, site operating manuals and emergency operations manuals.

*Has primary responsibility for controlling and approving the procurement and expenditure processing.

*Ensures adherence to the approved budget for all properties and closely monitors and reports on variances; forecast cash flow for the properties; reviews and reports on real estate tax assessments; and ensures required municipal reports are filed correctly and on-time.

*Ensures regulatory compliance and effective management of risk and liability for both Cushman & Wakefield and client.

*If performing in an agency leasing capacity, participates in tenant selection, negotiation, and analysis of credit risk. Takes the lead in coordinating with leasing brokers to quickly turn around vacant space and to maximize occupancy and positive cash flow.

*Ensures that the property management and staff establish and maintain open, positive relationships at all times with tenants and occupants ensuring that all services and needs are met and in compliance with leases and agreements. Conducts periodic site visits, inspections and surveys and is responsible for developing and implementing tenant retention programs throughout all of the properties.

*Keeps current of all developments in commercial real estate market affecting current or potential value of assets.

*Monitors the progress and expenditures, supervises the on-site staff in the completion of tenant and capital improvements; ensures project work is consistent with local codes, in compliance with leases, and work letter agreements to ensure client/owner and tenant acceptance, timely completion, occupancy and rent commencement.

*Hires, trains, and supervises the management staff at the buildings. May also be involved (directyly and indirectly) in the hiring of administrative, maintenance, engineering, and accounting staff for the individual properties to promote efficient and cost-effective operation.

*Responsible for promoting a performance-based culture by ensuring performance reviews are completed at least annually, conducting salary reviews, setting business objectives and professional development goals for staff, and motivating subordinates to meet those objectives and goals.

*Guides and directs property staff in the negotiation of service contracts with outside vendors to achieve the highest levels of performance at the lowest cost in compliance with Cushman & Wakefield's values, standards and guidelines for business conduct.

*Supports and provides leadership in a commitment to achieve C&W and client expectations for service and business objectives. Consistently upholds and applies the company's policies regarding appropriate professional behavior to ensure that the values of the firm are exhibited by the actions of the staff.

Cushman & Wakefield is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

Cushman & Wakefield is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.