Project Manager – Community + Economic Development

New York City, NY

Hester Street is seeking a Project Manager for the Community + Economic Development (CED) team with a real estate and community development and finance background, in addition to training, experience and skills in one of urban planning, community development, real estate finance or architecture, to support and implement community driven planning and development projects in New York City and nationwide. We are looking for a professional with 3-5 years of work experience to join a growing, dynamic team that holds social and racial justice as core values.

 

ABOUT HESTER STREET

Hester Street is an urban planning, design and development nonprofit that works to ensure that neighborhoods are shaped by the people who live in them. We offer technical and capacity-building assistance to community-based organizations, private firms and government agencies on land use processes, neighborhood planning and design, and public and private community development projects. We strive for more vibrant, equitable, sustainable and resilient neighborhoods. Local knowledge, needs and priorities guide our work. We partner with community-based organizations and specialize in crafting project-specific, data-driven, interactive tools and processes to ensure that community participants have both the information and inspiration they need to engage in planning and development decisions.

The Hester Street office is currently functioning on a remote-hybrid model.

ABOUT THE POSITION

We are looking for a real estate or community development professional, with experience and/or interest in supporting other aspects of our work like community engagement. This role requires the ability to manage multiple priorities and deadlines in a team setting and cultivate and build relationships with stakeholders at multiple levels.  The candidate should have a highly-developed attention to detail and an interest in participatory planning, design and equitable development.

This is a great opportunity for a highly motivated real estate or community development professional who welcomes work in a collaborative environment to join a growing, high-energy team with a lot of room for professional growth. Top candidates will have some combination of the following skills, experience and technical competencies:

●      Real Estate Development, including management of a development team

●      Real Estate Finance

●      Community Development

●      Project Management

 

Responsibilities

Community-Based Real Estate Development

●      Implement the execution of development projects from feasibility and concept to completion and delivery

●      Coordinate broad teams of project stakeholders, including but not limited to: community partners/clients, design consultants, general contractors, legal teams and financial partners as required

●      Oversee the design and implementation of stakeholder/community engagement strategies to define project priorities and inform development decisions; guide the analysis and synthesis of engagement data to inform programming and spatial analysis/planning

●      Conduct market research + analysis relevant to project needs

●      Coordinate activities related to property acquisition including but not limited to, liaising with real estate brokers and partners/clients; coordination of site walkthroughs; and negotiation with sellers/landlords

●      Coordinate pre-development activities, including but not limited to: site surveys, environmental assessments, feasibility studies and other due diligence items

●      Coordinate the assembly of design team consultants through the issuance of RFPs and bid leveling

●      Assist with contract negotiation between community partners and consultants

●      Provide partners with project insights and recommendations based on information gathered and analyzed

 

Funding and Finance

●      Assess project financial feasibility by creating and managing dynamic pro forma models to provide partners with recommendations for the best solutions. This may include a mix of programs, funding sources and project structures, including innovative or novel approaches; Analysis to incorporate operational costs, building estimates, and existing financial conditions

●      Guide the creation of fundraising materials for community partners

●      Lead drafting, editing and coordination of grant applications and funding proposals for development projects

●      Contribute to the identification, pursuance, and award of financial sources during the predevelopment and development phases of real estate projects from a variety of sources, including federal, state and city entities, as well as banks, philanthropy and other financial institutions. Experience structuring deals, securing construction / permanent loans and navigating NYC Capital Grants / Reso A Funds and/or NYS CFA funding a plus.

●      Manage real estate transactions and closings including securing all necessary development financing and negotiation of business terms

 

Project Management and Relationship Management

●      Communicate clearly and effectively with community partners and ensure those community partners are provided with clear and digestible information to inform decision-making throughout

●      Manage and maintain stakeholder relationships - including those with community partners, electeds, funders and lenders, real estate brokers, and design + construction consultants

●      Develop and monitor realistic project budgets and schedules throughout project duration, assuring that budgets and timelines are met within reason

●      Support, manage, and lead Hester Street team members to ensure project management responsibilities are met

●      Lead/own projects, assuring successful implementation of project tasks by forecasting and troubleshooting challenges and contributing to departmental and organizational thought partnership


Qualifications

●      3-5 years of real estate and/or community development experience

●      Bachelor’s degree in planning, real estate, or a related field, or the equivalent in training and experience

●      Proactive, deadline-oriented and experience with juggling multiple project deliverables

●      Experience working in low-income, immigrant and communities of color and/or with community-based organizations preferred

●      Superior client-management skills

●      Strong verbal and written communication skills

●      Curiosity to learn and support Hester Street’s interdisciplinary portfolio of work and projects

●      Fluency in a language other than English a plus


Salary range for this position is $80,000--$90,000/year. In addition, Hester Street offers a comprehensive benefits package including paid time off - holidays, sick days and vacation time, 100% employer paid health insurance, commuter and retirement benefits, and professional development opportunities, among other benefits. 

To Apply

Please upload a cover letter, résumé, portfolio or two work samples.

Hester Street is an Equal Opportunity Employer committed to a workforce that reflects the populations with whom we partner. We seek to build an inclusive organization grounded in respect for differences and encourage applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, disability or veteran status.

Hester Street is a nonprofit organization incorporated as Hester Street Collaborative, Inc.