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Development Associate

Development Associate

CompanyGilbane Building Company
LocationNew York, NY, USA
Salary$123600 – $170000
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level, Senior

Requirements

  • Bachelor’s Degree required
  • 5+ years’ experience in real estate development with at least 3+ years in affordable housing development
  • Excellent communication skills, both verbal and written
  • High degree of organizational skills and problem-solving ability
  • Strong relevant computer skills

Responsibilities

  • Assist with execution of current development pipeline with properties in various stages
  • Conduct project feasibility studies (market research, underwriting, investment thesis) and financial closings
  • Work with stakeholders through Design, Construction Cost exercises, and Value Engineering
  • Project Management through due diligence, entitlement & permitting, scheduling, and managing the critical path
  • Consult with Legal & Finance partners for completing the LOI/PSA, Operating Agreements, Consultant Contracts, and Construction Contracts
  • Day to day liaison with design/construction team, clients, and stakeholders
  • Maintain scope and cost while meeting schedule and quality goals
  • Oversee cost management reporting
  • Uphold and represent Gilbane’s core values and reputation
  • Ad Hoc analysis as needed

Preferred Qualifications

  • Master’s degree desirable, in real estate development related field (i.e., engineering, architecture, construction, finance, law, economics)
  • Experience in NY market preferred
  • Experience with acquisition-rehab and value-add developments is a plus