Con Edison

Analyst - Real Estate

Analyst - Real Estate
Notice info
LocationNew York, NY
Job Typeother
Salary$80,000-$105,000
On-site
Utilities

About This Job

Overview

The Facilities and Field Services (FFS) Real Estate Analyst position will be responsible for the day-to-day management and administration of various leases, licenses, easements and other real property agreements in connection with O&R and CECONY real estate portfolios. In addition, he/she will be the real estate lead for negotiating the acquisition and/or disposition of real property, as required. Finally, he/she will perform ministerial and administrative functions in support of FFS Real Estate, as well as the larger FFS organization, in accordance with Company policy and mandates. The position requires an energetic, motivated and experienced professional who possesses strong written and oral communication, presentation, and leadership skills, with demonstrated initiative and commitment to safety, teamwork, and excellence. FFS Real Estate is a diverse and inclusive group, where ideas are shared, and all voices are valued. The Real Estate Analyst is expected to contribute to and help support that inclusive environment.

Responsibilities Core Responsibilities

FFS Real Estate is a diverse and inclusive group, where ideas are shared, and all voices are valued. The Real Estate Analyst is expected to contribute to and help support that inclusive environment.
Performs or assists in the performance of FFS Real Estate operational functions such as real estate administration and project management, financial forecasting and budget tasks, and other functions as needed to support the ongoing operations of the Real Estate department and FFS organization.
Work with internal customers to identify properties that meet the customers real property requirements. Work with Law, Engineering, Project Management and internal customers to negotiate the purchase, lease or easement rights for company use and occupancy of those properties.
Act as Company lead to facilitate requests from third parties seeking to use, occupy or gain access to Company property. Liaison between third party requester(s) and internal organizations that are required to review and approve or deny requests from third parties. Work with Law and Regulatory services as needed to negotiate and draft agreements pursuant to Company and New York Public Service Commission requirements and processes.
Prepare request for proposals seeking brokerage and/or appraisal services and work with Supply Chain to solicit vendors for these services. Manage those contractors that are awarded work for specific real estate projects.
Initiate purchase requisitions and work with Supply Chain and other departments, as appropriate, to assure timely processing and completion.
Manage real property leases where the Company is either landlord or tenant. Work with Law to interpret lease clauses and engage with landlords and tenants to enforce lease obligations and rights. Ensure rent and additional rent are invoiced or paid as required. Responsible for exercising lease renewals, extensions or terminations pursuant to internal processes and procedures.
Assist in the review and assist with updating or preparing of Corporate Instructions and Real Estate procedures.
Maintains and updates both the electronic and physical record management and informational systems, assists with design, testing, implementation and upgrading of those systems, and ensures the completeness and accuracy of informational inputs and outputs of such systems.
Provide regular updates and status on projects and lease administration activities.
Conducts site visits and inspections as required.
Perform other related tasks and assignments as required.


Qualifications Required Education/Experience

Bachelor's Degree Real Estate, Finance, Accounting, Business, Project Management, Economics, Liberal Arts or Related Field and 2 years of relevant work experience in commercial real estate or contract negotiation and management, lease administration/management, paralegal services or
Associate's Degree Real Estate, Finance, Accounting, Business, Project Management, Economics, Liberal Arts or Related Field and 4 years of relevant work experience in commercial real estate or contract negotiation and management, lease administration/management, paralegal services


Relevant Work Experience

Demonstrated experience in commercial real estate and/or contract management/ administration, required.
Proven record in the preparation and negotiation of leases, easements and/or other forms of contracts for either goods or services, required.
Proficiency with use of MS Office products including Word, Excel, Power Point, Project, and TEAMs, required.
Adept at using the internet for communication and research, required.
Excellent oral and written communication skills, required.
Must have excellent interpersonal skills to effectively interact with various levels of management, union personnel, internal and external customers as well as vendors and outside agencies, required.
Must be well organized, detail oriented and flexible to handle multiple assignments with changing priorities, required.
Demonstrated ability to accept challenges and use creative thinking to analyze data and recommend solutions, required.
Strong analytical skills and the ability to demonstrate a professional demeanor and confidence dealing with all levels of personnel, required.
Knowledge of real property and lease management database systems, preferred.
Experience with appraisals and title work, preferred.
Basic knowledge of zoning and land use regulations, preferred.
Experience with developing and implementing change management strategies, inclusive of stakeholder training, preferred.


Licenses and Certifications


Driver's License Required


Physical Demands

Sit or stand to use a keyboard, mouse, and computer for the duration of the workday


Additional Physical Demands

Must be able to respond to Company emergencies by performing a System Emergency Assignment to restore service to our customers.
System Emergency Assignment could include the need to report and work in the field and inclement weather during system or storm emergency events.
Must be able to work in all weather conditions and off shift hours, as needed.
Must be able and willing to travel within Company service territory; as needed.

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