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Leasing Manager

PublishedPublished: 6/14/2022
Real Estate
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Job Description

NOW HIRING: LEASING MANAGER

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Luxury Residential | NYC

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We are seeking an experienced, results-driven Leasing Manager to lead leasing operations at an exciting, newly developed luxury residential community in NYC.

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This is an exceptional opportunity to join a brand-new, large-scale luxury rental property featuring more than 800 residential apartments, ranging from studios to three-bedroom residences, and world-class amenities.

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The property offers an impressive lifestyle experience, including swimming pools, fitness centers, spas, rooftop spaces, landscaped parks, social lounges, pet parks, and much more.

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The Leasing Manager will oversee all aspects of the leasing process, from pricing strategy and broker relations to applicant screening, lease negotiations, renewals, and overall leasing performance. This individual will play a critical role in driving occupancy, maximizing revenue, delivering an exceptional prospective resident experience, and establishing the property's presence in the competitive NYC rental market.

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KEY RESPONSIBILITIES

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Leasing Operations & Strategy

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  • Oversee the day-to-day leasing operations and activities for a large-scale luxury residential portfolio.
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  • Manage vacancy reports, availability updates, apartment descriptions, pricing recommendations, and listing distribution.
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  • Develop and implement leasing strategies to maximize occupancy, rental revenue, and overall performance.
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  • Monitor market conditions, competitor properties, comparable rentals, and new construction developments.
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  • Conduct regular apartment inspections and maintain comprehensive knowledge of floor plans, layouts, finishes, and building amenities.
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Broker Relations & Business Development

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  • Establish and maintain strong relationships with outside brokers and brokerage firms.
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  • Manage broker communications, listing distribution, commission structures, and owner-paid commission programs.
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  • Respond to broker and prospective resident inquiries in a timely and professional manner.
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  • Drive leasing activity through proactive outreach and strong relationships within the real estate community.
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Application Review & Approval

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  • Oversee the complete application process, ensuring all required documentation is collected and reviewed.
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  • Coordinate applicant screening, including credit, housing court, and employment verification, in accordance with applicable laws and company policies.
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  • Review applications and communicate approval or denial decisions.
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  • Ensure accurate application tracking, recordkeeping, and delivery of legally required notices.
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Lease Negotiations, Execution & Administration

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  • Coordinate and conduct lease signings, preparing all lease agreements, riders, and supporting documentation.
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  • Negotiate rental terms and fair-market lease renewals within established parameters.
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  • Oversee lease processing, execution, and distribution to the appropriate internal departments.
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  • Manage assignment and sublet applications, approvals, and documentation.
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  • Maintain accurate tenant records, lease files, databases, and reporting.
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Pricing & Revenue Management

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  • Recommend rental pricing for vacant apartments based on market conditions, comparable properties, and leasing demand.
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  • Partner with senior management on rental pricing strategies and renewal recommendations.
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  • Prepare comparable market analyses and provide ongoing feedback regarding rental trends and competitive positioning.
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  • Identify opportunities to maximize rental revenue while maintaining competitive positioning.
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Resident Experience & Cross-Departmental Collaboration

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  • Build and maintain positive relationships with prospective residents, current residents, brokers, and internal stakeholders.
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  • Collaborate closely with property management, accounting, administrative teams, and building operations.
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  • Communicate new move-ins, lease activity, and operational requirements to the appropriate departments.
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  • Provide management with regular updates and feedback regarding property conditions, renovations, staffing, and overall building operations.
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QUALIFICATIONS & EXPERIENCE

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  • Minimum of 5 years of relevant leasing or residential property management experience, preferably in a managerial or leadership capacity.
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  • Proven experience overseeing leasing operations within a luxury residential or large-scale multifamily environment.
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  • Strong understanding of the New York City rental market, leasing practices, and broker community.
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  • Demonstrated ability to negotiate leases, manage rental pricing, and drive leasing performance.
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  • Excellent verbal and written communication skills.
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  • Strong organizational, administrative, analytical, and problem-solving abilities.
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  • Proficiency in Microsoft Office (especially Excel, Word, and PowerPoint) and property management and leasing software.
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  • Ability to manage multiple priorities and perform effectively in a fast-paced, deadline-driven environment.
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  • Bachelor's degree in Business Administration, Real Estate, Property Management, or a related field preferred.
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THE OPPORTUNITY

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  • Brand-new luxury residential development in the heart of NYC.
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  • 800+ rental residences, including market-rate and affordable housing.
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  • Exceptional lifestyle amenities.
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  • Opportunity to lead and drive leasing operations at a major new development.
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  • Competitive compensation package with significant earning potential.
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COMPENSATION: $130,000–$150,000 BASE SALARY + COMMISSION.

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INTERESTED?

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If you are an experienced residential leasing professional with a strong track record of managing leasing operations, developing broker relationships, and driving results in the New York City luxury rental market, we would love to hear from you.

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Please apply directly or reach out to discuss this opportunity confidentially.

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