Multifamily Portfolio Manager
The Multifamily Portfolio Manager will develop and lead property operations strategies, supervise on-site building staff and superintendents, coordinate maintenance and capital projects of the designated multifamily real estate portfolio. This role ensures that properties are managed efficiently, profitably, and in alignment with ownership objectives. The Manager acts as a liaison between on-site property teams and Asset Management, translating strategic goals into actionable plans.
This individual will also play a crucial role in collaborating with senior leadership, contributing significantly to the growth of ESRT's multifamily portfolio. The success of this hire will be marked by their ability to adeptly establish robust processes and a strong team for effective property management.
Responsibilities
- Direct and oversee day-to-day operations for ESRT's residential properties to deliver best-in-class resident experiences
- Establish operational policies, procedures, and performance standards to ensure consistency across the portfolio
- Supervise on-site teams including Resident Managers, Superintendents, and maintenance personnel, ensuring adherence to ESRT service and operational standards
- Develop and implement preventative maintenance programs and safety protocols
- Identify opportunities to improve efficiency and reduce operating costs during and after transition
- Oversee bidding, procurement, and performance of vendors and contractors to achieve high-quality results at competitive costs
- Coordinate and manage capital improvement projects in collaboration with Asset Management and Construction teams and present ROI analysis and recommendations to senior leadership
- Uphold ESRT's standards of presentation, cleanliness, and functionality for all residential buildings and amenities
- Establish service benchmarks and KPIs for resident satisfaction, maintenance response times, and operational excellence
- Respond to escalated resident issues and emergencies with professionalism and urgency
- Ensure properties comply with all regulatory requirements including DOB, DHCR, OSHA, and fire safety regulations
- Maintain all required certificates, permits, and operational documentation
- Oversee regular inspections, safety meetings, and compliance audits
- Assist in the development and execution of annual operating budgets
- Review monthly financial statements and variance reports
- Support the acquisitions team in underwriting and conducting due diligence for multi-family assets to ensure accuracy and compliance with investment criteria
- Support leasing and marketing strategies to drive occupancy, rent growth and enhance resident experience
- Take part in development of pricing recommendations, lease approvals, and online marketing strategies
What Success Looks Like
Seamless operational transition with no disruption to resident experienceConsistent delivery of high-quality service and maintenance standards across all propertiesEffective budget management and expense control resulting in improved marginsStrong, motivated on-site teams aligned with ESRT culture and performance expectationsHigh resident satisfaction scores and reduced complaint response timesRequired Skills / Abilities
Strong knowledge of NYC building operations, codes, and compliance (DOB, DHCR, Local Laws, etc.)Demonstrated ability to manage budgets, control expenses, and oversee capital projectsExperience developing operational processes and leading transitions or organizational changesStrong leadership, communication, organizational, and problem-solving skillsProficiency in Microsoft Office Suite, Yardi, and building systems softwareEducation & Experience
Minimum 10 years of experience in multifamily property management or operations experience, with at least 5 years in a supervisory / managerial role overseeing multiple sites or large teamsExperience in managing in-house property management. Proven leadership skills, with experience effectively building, managing, and motivating a teamExcellent work ethic, integrity, and professionalism, with the ability to be an effective representative of ESRT in the broader marketStrong financial, analytical, strategic planning skills, with experience in developing, managing budgets, and reporting against financial forecastsAbility to quickly digest and process information to make smart, thoughtful decisionsA results-oriented approach, capable of enhancing processes and offering insightful feedback to drive ongoing improvement.Excellent verbal and written communication skillsPositive, service-oriented attitude, characterized by a collaborative demeanor, proactivity, and excellent follow-through skills.Experience operating and thriving in an entrepreneurial environmentOccasional travel will be required to properties outside of NYCHigh degree of accountability and ownership, demonstrating reliability and commitment.Knowledge of NYC regulatory requirements for multifamily assetsExperience and interest in evaluating and implementing PropTech solutionsUndergraduate degree from an accredited institution.Physical Requirements
Prolonged periods of sitting at a desk and working on a computerMust be able to lift up to 15 pounds at timesWhat You Can Expect
At ESRT, like our tenants, our employees come from everywhere. We foster a collaborative work environment that captures top talent and cultivates the best ideas. As a Great Place to Work Certified employer, we are committed to maintaining our positive work culture where employees are engaged and can grow and develop. In addition, ESRT employees embody our Company Culture & Success Factors :Adaptable you are a self-starter who's able to quickly digest and execute new processes to work both collaboratively and independentlyDynamic you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRTDependable you take a strong sense of ownership and accountability over your workPassionate you keep up with industry trends and are excited about the potential to propel the industry forward with a "roll-up-your-sleeves" attitudeCurious you consistently look for new ways to work smarter, not just harderEthical you treat others with respect, act with integrity in how you perform your work, and embrace our collaborative culturePositive you possess a service-oriented attitude with excellent follow throughBenefits
Competitive base salary and bonusHealth / Dental / Vision insuranceCompany sponsored Life, AD&D, STD (with Salary Continuation), and LTD InsuranceVoluntary Enhanced LTD ProgramVoluntary Hospital, Accident, and Cancer Programs401(k) with 100% match up to 5%Paid parental leavePre-tax transit accountsEmployee Assistance Program for emotional, financial, and legal supportWell-Being
Generous paid time offFlex remote work timeFlex Summer FridaysEmployee engagement programsVolunteer time offContinuing educationComplimentary Empire State Building Observatory accessComplimentary gym membership and other wellness benefitsEmployee Discount Programs$150,000 - $200,000 a year
Salary is based on several factors including but not limited to education, work experience, job location, size of property where applicable, and / or certifications. In addition to your base salary, ESRT provides discretionary annual bonuses.
ESRT is an equal opportunity employer and is committed to providing a workplace free from harassment and discrimination. We celebrate the unique differences of our employees because they drive curiosity, innovation, and the success of our business. We do not discriminate based on race, religion, color, creed, national origin, sex, sexual orientation, gender identity or expression, reproductive choices, age, marital status, veteran status, disability status, pregnancy, parental status, caregiver status, genetic information, political affiliation, or any other status protected by the laws or regulations in the locations where we operate. This policy applies to all aspects of employment,