<div class="content-intro"><div class="OutlineElement Ltr SCXW186641841 BCX0"> <p class="Paragraph SCXW186641841 BCX0"><strong><span class="TextRun SCXW186641841 BCX0" lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW186641841 BCX0">Our Vision</span></span></strong><span class="TextRun SCXW186641841 BCX0" lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW186641841 BCX0">: To make New York City the global model for inclusive innovation and economic growth, fueled by the City’s diverse people and businesses. </span></span><span class="EOP SCXW186641841 BCX0" data-ccp-props="{"134233118":true,"201341983":0,"335559739":160,"335559740":259}"> </span></p> </div> <div class="OutlineElement Ltr SCXW186641841 BCX0"> <p class="Paragraph SCXW186641841 BCX0"><strong><span class="TextRun SCXW186641841 BCX0" lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW186641841 BCX0">Our Mission</span></span></strong><span class="TextRun SCXW186641841 BCX0" lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW186641841 BCX0">: </span></span><span class="TextRun SCXW186641841 BCX0" lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW186641841 BCX0">Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.</span></span><span class="EOP SCXW186641841 BCX0" data-ccp-props="{"134233118":true,"201341983":0,"335559739":160,"335559740":259}"> </span></p> </div></div><p><strong><span data-contrast="auto">POSITION OVERVIEW:</span></strong><span data-ccp-props="{"335559738":240,"335559739":60}"> </span></p> <p><strong><span data-contrast="none"><span data-ccp-parastyle="Normal (Web)">NYCEDC’s Real Estate Transaction Services Group (RETS)</span></span></strong><span data-contrast="none"><span data-ccp-parastyle="Normal (Web)">: RETS is the City’s primary department for underwriting, structuring, and executing real estate and economic development transactions on city-owned land, with the goal of transforming underutilized properties into projects that support job creation, industry-based economic development goals, and housing development throughout New York City.</span></span><span data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":259}"> </span></p> <p><span data-contrast="none"><span data-ccp-parastyle="Normal (Web)">Senior Associates </span><span data-ccp-parastyle="Normal (Web)">are responsible for</span><span data-ccp-parastyle="Normal (Web)"> project management and financial analysis</span> <span data-ccp-parastyle="Normal (Web)">for</span><span data-ccp-parastyle="Normal (Web)"> real estate transactions, as well </span><span data-ccp-parastyle="Normal (Web)">as </span><span data-ccp-parastyle="Normal (Web)">supporting</span><span data-ccp-parastyle="Normal (Web)"> the creation and negotiation of </span><span data-ccp-parastyle="Normal (Web)">related </span><span data-ccp-parastyle="Normal (Web)">legal agreements. </span><span data-ccp-parastyle="Normal (Web)">Senior </span><span data-ccp-parastyle="Normal (Web)">Associates will work on multiple projects at </span><span data-ccp-parastyle="Normal (Web)">different phases</span><span data-ccp-parastyle="Normal (Web)"> of the project life cycle, from evaluating site feasibility and RFP drafting to developer </span><span data-ccp-parastyle="Normal (Web)">selection</span><span data-ccp-parastyle="Normal (Web)"> and project closing, under the direction of senior staff</span><span data-ccp-parastyle="Normal (Web)">, with room to exercise judgement and provide strategic direction.</span></span><span data-ccp-props="{"134233117":true,"134233118":true}"> </span></p> <p><strong><span data-contrast="auto">ESSENTIAL DUTIES AND RESPONSIBILITIES: </span></strong><span data-ccp-props="{}"> </span></p> <ul> <li><span data-contrast="none">Apply advanced knowledge of real estate finance and deal structuring to support strategic decision-making and project execution</span><span data-ccp-props="{}"> </span></li> <li><span data-contrast="none">Build and interpret complex financial models in Excel, including discounted cash flow and residual land value analyses, to evaluate project returns and scenarios</span><span data-ccp-props="{"335559738":240,"335559739":240}"> </span></li> <li><span data-contrast="none">Draft, interpret, and support negotiations for transaction-related legal documents (e.g., MOUs, Ground Leases, Purchase and Sale Agreements)</span><span data-ccp-props="{"335559738":240,"335559739":240}"> </span></li> <li><span data-contrast="none">Lead activities for competitive site dispositions, including drafting requests for proposals (RFPs), overseeing site tours, info sessions, and Q&As, and analyzing responses</span><span data-ccp-props="{"335559738":240,"335559739":240}"> </span></li> <li><span data-contrast="none">Anticipate transaction milestones and proactively recommend strategies to advance deal execution</span><span data-ccp-props="{"335559738":240,"335559739":240}"> </span></li> <li><span data-contrast="none">Navigate processes internal to NYCED