Director, Property Operations, Commercial
Full Time 250000 - 275000 USD per-year-salaryJob Overview
The Director, Property Operations, Commercial will oversee the day-to-day operations of a 5.2 million square foot portfolio of New York City office properties. This role reports directly to the VP, Property Management and will serve as a key operational partner. The Director will drive consistent execution, strong financial performance, and alignment across all assets.
The Director will oversee property management teams, financial performance, and capital initiatives and drive accountability and operational standards across the portfolio. This individual will maintain efficient, high-performing assets, enable the VP, Property Management to focus on broader strategic and organizational priorities.
The Director, Property Operations, Commercial will oversee the day-to-day operations of a 5.2 million square foot portfolio of New York City office properties. This role reports directly to the VP, Property Management and will serve as a key operational partner. The Director will drive consistent execution, strong financial performance, and alignment across all assets.
The Director will oversee property management teams, financial performance, and capital initiatives and drive accountability and operational standards across the portfolio. This individual will maintain efficient, high-performing assets, enable the VP, Property Management to focus on broader strategic and organizational priorities.
RESPONSIBILITIES
- Oversee day-to-day operations across a current portfolio of 9 commercial office properties totaling approximately 5.2 million square feet
- Lead and support Property Managers and building teams to ensure smooth building operations, strong tenant service, and consistent operational execution across all properties
- Establish and maintain consistent operating standards, policies, and procedures across the portfolio to ensure all assets are managed in a uniform and disciplined manner
- Drive operational efficiency and best practices across buildings and teams while ensuring a proactive approach to portfolio management
- Maintain clear visibility into building operations, projects, and team performance to ensure issues are identified early and addressed before they escalate
- Provide leadership, mentorship, and oversight to Property Managers and onsite building teams
- Ensure clear accountability, performance expectations, and operational consistency across all properties
- Monitor staffing levels, team performance, and professional development while fostering a collaborative and high-performing property management culture
- Ensure alignment and coordination between Property Management, Engineering, Leasing, and capital project teams
- Maintain close oversight of portfolio financials including operating statements, budgets, and reforecasts
- Review financial performance across properties and identify operational or financial issues requiring action
- Ensure strong financial discipline across the portfolio including monitoring expenses, managing variances, and maintaining alignment with budget expectations
- Maintain oversight of monthly, quarterly and year-end financial deliverables including accruals, expense tracking, and financial reporting to ensure accuracy and timeliness
- Ensure property teams maintain strong financial controls and clear visibility into building financial performance
- Oversee the planning and execution of capital projects, major repairs and maintenance, and building initiatives across the portfolio
- Ensure projects are executed according to approved scope, schedule, and budget while maintaining building standards and minimizing operational disruption
- Coordinate closely with project management, engineering, leasing, and property teams to ensure capital initiatives and tenant improvements are delivered successfully
- Monitor project progress and ensure that work is completed, properly tracked, and financially accounted for in accordance with company procedures
- Maintain a strong tenant-focused service culture across the portfolio
- Support property teams in addressing tenant issues, operational challenges, and service delivery to ensure a high-quality tenant experience
- Ensure buildings maintain strong standards for cleanliness, safety, maintenance, and overall presentation
- Work closely with property teams to support tenant relations initiatives and maintain strong tenant engagement
- Ensure regular property inspections are conducted across the portfolio to maintain high standards of building condition, safety, and operational performance
- Conduct periodic portfolio inspections and work with property teams to identify operational issues, maintenance needs, and opportunities for improvement
- Ensure inspection findings are addressed promptly and tracked through resolution
- Maintain consistent building standards across all assets to ensure alignment with company expectations
- Maintain a proactive management approach across the portfolio, identifying operational, financial, and building issues early and implementing solutions before they escalate
- Ensure property teams operate with a forward-looking mindset focused on planning, accountability, and execution rather than reactive problem solving
- Maintain a strong pulse on building operations, financial performance, projects, and team execution across the portfolio
- Serve as a key operational partner to the VP, Property Management
- Provide regular updates and insights regarding operational performance, financial trends, team effectiveness, and portfolio challenges
- Ensure that day-to-day portfolio management, building operations, and financial execution remain aligned with broader portfolio goals and company priorities
- Support broader initiatives and strategic projects led by the VP while maintaining responsibility for the operational execution of the portfolio
- Drive process automation and efficiency improvements using AI technologies
- Establish and monitor KPIs to measure AI impact (ROI, productivity, cost savings)
- Partner with colleagues to translate operational needs into AI-driven solutions
WHAT SUCCESS LOOKS LIKE
- The successful candidate will create strong operational alignment across the portfolio, ensuring that all properties and teams operate with consistency, accountability, and clear standards
- Buildings will be well maintained, teams will operate efficiently, and financial performance will be closely monitored and managed. Capital projects and operational initiatives will be executed on schedule and within budget, and financial reporting and quarter-end deliverables will be accurate and timely
- Through proactive leadership and strong operational oversight, this individual will ensure the portfolio operates smoothly and efficiently while enabling the Vice President of Property Management to focus on broader strategic initiatives and organizational priorities
REQUIRED SKILLS / ABILITIES
- Strong financial acumen with the ability to analyze operating statements, budgets, and forecasts
- Strong understanding of capital projects, major repairs and maintenance planning, and construction coordination
- Highly proactive management style with the ability to anticipate operational and financial issues and drive solutions
- Exceptional organizational and multitasking skills with the ability to manage multiple properties, projects, and priorities in a fast-paced environment
- Solid understanding of building systems including mechanical, electrical, and plumbing systems
- Strong communication and leadership presence with the ability to effectively engage property teams, tenants, and senior leadership
- Proficiency in Microsoft Office and property management systems such as Yardi
EDUCATION & EXPERIENCE
- Minimum 10 years of experience in commercial property management
- Significant experience overseeing multiple commercial office properties and property management teams
- Proven leadership experience managing property managers and building teams
PHYSICAL REQUIREMENTS
- Prolonged periods of sitting at a desk and working on a computer
- Must be able to lift up to 15 pounds at times
WHAT YOU CAN EXPECT
- Adaptable – you are a self-starter who’s able to quickly digest and execute new processes to work both collaboratively and independently
- Dynamic – you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRT
- Dependable – you take a strong sense of ownership and accountability over your work
- Passionate – you keep up with industry trends and are excited about the potential to propel the industry forward with a “roll-up-your-sleeves” attitude
- Curious – you consistently look for new ways to work smarter, not just harder
- Ethical – you treat others with respect, act with integrity in how you perform your work, and embrace our collaborative culture
- Positive – you possess a service-oriented attitude with excellent follow through
BENEFITS
- Competitive base salary and bonus
- Health/Dental/Vision insurance
- Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance
- Voluntary Enhanced LTD Program
- Voluntary Hospital, Accident, and Cancer Programs
- 401(k) with 100% match up to 5%
- Paid parental leave
- Pre-tax transit accounts
- Employee Assistance Program for emotional, financial, and legal support
WELL-BEING
- Generous paid time off
- Flex remote work time
- Flex Summer Fridays
- Employee engagement programs
- Volunteer time off
- Continuing education
- Complimentary Empire State Building Observatory access
- Complimentary gym membership and other wellness benefits
- Employee Discount Programs
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