Real Estate Development Manager

New York

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Job Description

Real Estate Development Manager
 
The Howard Hughes name is synonymous with entrepreneurial vision, tenacity and a pioneering spirit—values still embodied by The Howard Hughes Corporation today. While Hughes’ passion for aviation and the silver screen are legendary, it was his investment in real estate that forms the bedrock of the company.  At the core of our DNA we believe we can Make Life Extraordinary.  We strive to embody these same qualities for every individual that our company touches, from stakeholders to partners, from consumer to shareholder.
 
We believe in “Thinking Big” at The Howard Hughes Corporation.   We demand excellence and an unrelenting dedication to success.  Our mission is to be the pre-eminent developer and operator of master planned communities and mixed-use properties in the United States.  We create timeless places and memorable experiences that inspire people while driving sustainable, long-term growth and value. We create environments where people want to live, work, shop, dine and play from coast to coast.
 
POSITION SUMMARY:  
The Development Manager is responsible for overseeing one or more developments or re-development projects.  The Development Manager will work closely with development, construction, asset management and leasing colleagues to optimize project program and maximize project financial success. As a vital team member and partner to the Sr. Vice President, Development, the Manager of Development will provide critical and high level development coordination and management for various projects, which may include office, residential, retail, hotel, civic, cultural, and/or mixed-use projects.
 
ESSENTIAL JOB RESPONSIBILITIES:  
  • Assists in the program development and site planning for new projects.
  • Identifies and evaluates opportunities for development or enhancement of projects.
  • Establishes and directs project teams.
  • Coordinates outside resources (architects, consultants, engineers, and contractors).
  • Coordinates and/or directs in-house resources (legal, asset management, design and leasing).
  • Prepares approval requests and holds bottom line responsibility for budgets and pro forma.
  • Assist Vice President, Development in obtaining approvals and working with political, community, and governmental entities.
  • Assist Vice President, Development with major tenant negotiations and approvals.
  • Develops, evaluates, refines & manages all pro forma, project schedules, and cash flow analyses.
  • Responsible for monthly updates to executives of status on responsible development projects.
  • Prepares other financial analysis.
  • May supervise and manage support staff as assigned.
  • Acts as a liaison between management, finance, accounting, and development on the project(s).
  • Participates in developing and monitoring project budgets.
  • Represents development on inter-departmental task force(s) and participates in special projects as requested.
  • Other duties as assigned.
 
KNOWLEDGE, EXPERIENCE AND SKILLS:
  • Minimum 7 years direct experience required.
  • Overall understanding of all disciplines and principals of real estate development, including leasing, design, finance, entitlements, legal, construction and operations.
  • Prior supervisory experience.
  • Ability to lead a project team.
  • Excellent project management and organization skills.
  • Polished Presentation skills.
  • Excellent interpersonal skills.
  • Ability to determine and recognize quality and quickly recognize problems.
  • Ability to manage and motivate staff.
  • Ability to effective resolve personnel conflicts.
  • Work with little supervision.
  • Interact effectively as part of a team.
  • Handle a dynamic work environment with competing priorities.
  • A team player who has the ability to multi-task and is self-directed.
  • Excellent verbal and written communication skills.
  • Build positive working relationships with employees at all levels within the organization.
  • Exercise sound judgment when making decisions.
  • Good problem solver/creative thinker.
  • “Can-do” attitude, pro-active and resourceful.
  • Proficient with MS Office and MS Project applications.
  • “Lean-In” attitude, pro-active and resourceful.
 
EDUCATION, CERTIFICATIONS AND LICENSES:
  • Bachelor‘s Degree in related field.
  • MBA/MSRED preferred.
     
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