The Real Estate Transactions Representative provides support to the Authority’s Real Estate division with expert experience and knowledge of all facets of real estate transactions including leasing, acquisitions and disposals, contract review and negotiation, survey and title review. The Real Estate Transactions Representative assists in the negotiation and closing of complex transactions involving multiple internal and external parties.
Provide expertise and support for all real estate transactional activities including acquisition of new real property, disposition of surplus lands.
Negotiate and prepare lease documents for commercial and industrial leasing, and management of lease documents and reporting requirements.
Negotiate, draft and analyze a broad range of real estate documents related to real estate matters, including contracts, deeds, easements, permits and other real estate related documents.
Support leasing activities for NYPA’s White Plains Office
Support the real estate closing and permitting process for the department.
Provide the Manager Corporate Real Estate with informed recommendations pertaining to the acquisition or disposal of NYPA real property and complex leasing transactions as both landlord and tenant.
Ensure that the Eminent Domain Procedure Law and other applicable statutes are properly followed in cases involving NYPA’s appropriation/acquisition of real property.
Confer on NYPA transactional related real estate activity with all appropriate Federal and State agencies.
Assist the Legal Department in the defense of claims against the Authority and participate in the settlement of existing and potential claims.
Provide technical supportto other NYPA departments.
Knowledge, Skills and Abilities
Ability to prepare real estate related legal documents, including draft contracts of sale, option agreements, settlement documents, and closing papers, in association with the purchase and sale of real estate and interests in real estate prior to final legal review by the Law Dept.
Ability to assist with real estate tax valuation issues (including Payments in Lieu of Tax issues) and analysis.
Knowledge of the application of appraisal techniques of income approach, replacement cost and comparable sales.
Knowledge of surveying and Geographic Information System preferred.
Knowledge of NYPA’s relationships with other utilities, New York State agencies and authorities; particularly the Department of Public Services, Department of Law and Department of Transportation.
Knowledge of NYPA’s facilities and the NYPA’s acquisition procedures.
Understanding of the Public Authorities Accountability Act (PAAA), and how it applies to the acquisition and disposal of interests in Real Property.
Knowledge and experience in appraisal review and techniques, surveys and GIS, contract and document negotiation, title review and Eminent Domain procedures, preferred.
Knowledge of surveying, engineering, and construction methodology is preferred
Strong negotiation skills; skilled in conflict resolution
Education, Experience and Certifications
Bachelors Degree required,
Juris Doctor Degree, admission to the New York State Bar and admitted to practice in New York State and Federal courts is preferred.
Minimum of 3 years of legal experience is preferred
Minimum of 3 years of diversified real estate experience is strongly preferred.
Experience in reviewing surveys and GIS, contract and document negotiation, title review and Eminent Domain procedures is preferred.
Experience in the application of appraisal techniques of income approach, replacement cost and comparable sales is preferred
Experience in handling sophisticated real estate transactions preferred.