Real Estate Tran Intern

Real Estate Transactions, Emerging Talent Intern

The Real Estate Department is responsible for planning and managing the acquisition of property rights to support the MTA Capital Program, and developing and implementing leasing strategies to generate revenue for the MTA and all of its operating agencies. The Real Estate Transactions Internship will provide selected candidates with the opportunity to develop their property research skills, which are critical to a wide variety of careers in real estate.

Responsibilities :

• Search for deeds, leases, licenses, easements, and other documents internally and via publicly available resources.
• Review requests for property lines and ownership rights.
• Prepare maps and other visuals in support of responses to property inquiries.
• Draft a variety of recurring and ad hoc requests including solicitations for appraisals and title searches, and engagement and incumbent letters.
• Help prepare a variety of memoranda (including authorization memos) and deal summaries for internal review and approval by the Chief Real Estate Transactions & Operations Officer as well as the MTA Board.
• Liaison with Legal, Senior Management and other stakeholders to aggregate and circulate executable documents.
• Assist with the drafting of Requests for Proposals (RFPs) for MTA retail spaces at the MTA Headquarters, LIRR and Metro-North stations, and throughout the NYC Transit system.
• Provide support in property acquisition and condemnation processes throughout the metropolitan area (including drafting of offer letters; soliciting and reviewing appraisal reports; and attending site visits and EDPL hearings).

Projects :

Required Qualifications :

Required Education :