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|Job Title||Commercial Property Manager|
|Date Posted:||7 Nov 2019|
The Commercial Property Manager (CPM) is responsible for the successful management of retail, professional, office and garage units within Rose Associates’ portfolio of mixed-use properties in NYC. The primary portfolio is approximately 100 such spaces within commercial condominium units owned by Rose Sponsor Entities in 10 Manhattan cond-op properties. Responsibilities also include assisting Rose Community and Property Managers with management of commercial spaces within mixed-use and multifamily properties owned by third party clients and Rose affiliates. Lastly, the CPM acts as facility manager of Rose’s corporate offices at 777 Third Avenue.
The CPM is the primary point of contact for commercial tenants of the Rose Sponsor Entities. The CPM represents these Entities as the landlord under the existing leases, ensuring that both landlord and tenant fulfill their obligations under these documents. The CPM liaises with the third party property manager for each condominium to ensure continuity of services to the commercial units in conformance with the condominium documents for each location.
For Rose-managed multifamily properties, the CPM acts at the direction of the SMD and other senior MF executives to support on-site and portfolio property managers in the successful oversight of the commercial tenants in their properties. In this role, the CPM is primarily acting as an internal consultant to assist Rose management personnel with limited commercial experience.
As facility manager for Rose’s corporate office, the CPM also acts as the primary point of contact with the sub-landlord and over-landlord for the space and ensures the full functionality of the space for Rose’s business operations.
Key functional responsibilities of the CPM position include property repair and maintenance, project management of limited budget capital improvement projects, monitoring and collection of rent arrears, and property inspections to ensure lease compliance.
In each role, the CPM maintains positive relationships with property managers and tenants, as well as Rose corporate staff, The actions of the CPM should build the positive reputation of Rose Associates, Inc. (RAI), while achieving revenue and expense budgets, executing capital improvements and meeting all legal requirements.
Owner(s) & Tenant Relations:
Financial & Administrative Functions:
Position may be required to perform duties outside their normal responsibilities as needed and when requested.
|Qualifications and Competencies:||
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