Property Representative, Airport Property Management JFK

The Aviation Department of the Port Authority of New York and New jersey is currently seeking an entry level Staff Property Representative to manage real estate transactions at JFK International Airport. In this position the candidate will be responsible for negotiating and administering privilege permits, flight fee agreements and space permits.  Flexibility and adaptability, multi-tasking on projects at the airport, and leading interactions with the airline community will be a requirement.

JFK Properties & Commercial Development (JFK Properties) plays a crucial role in the Aviation Commercial Organization Portfolio. JFK Properties is responsible for the overall business development of JFK through the management, leasing and administration of all commercial property, airline flight fee agreements and associated permits. JFK Properties is responsible for ensuring optimal revenue development and maximizing the effective use of tenant and Port Authority resources at the airport. Our team negotiates and administer over 450 legal documents and is responsible for over 5,000 acres of land and 70 buildings representing approximately 14.5 million square feet. JFK Properties manages a revenue stream of approximately $1 billion representing over 20% of the Port Authority’s net contribution to Agency revenues.

Responsibilities 

Under the supervision of the Manager, Properties & Commercial Development at JFK, the selected candidate will be responsible for:

• Timely preparation and coordination of all documentation for assigned permits and agreements, including privilege permits and flight fee agreements, consistent with Port Authority standards.
• Conducting real estate transactions with airport tenants that include space permit agreements for multi-tenant and single tenant buildings. This includes coordinating all aspects of negotiations with JFK’s staff in Operations and Facilities as well as other Port Authority staff departments such as Law, Comptrollers and Risk Management.
• Implementation of policies, practices and enforcement of lease provisions.
• Providing customer service by maintaining regular contact with tenants/permittees including visits to each leased site including discussions regarding business success/challenges. 
• The preservation and promotion of revenues by preparing key financial and business terms for each assigned agreement, reviewing accounts receivables and performing market analysis to make financial term recommendations.
• Managing projects by maintaining an ongoing inventory of outstanding matter and issues for assigned agreements to include a defined strategy and timeline to close open matters.
• Managing resources by working with the SAP Real Estate Module, DocuSign, and SharePoint to ensure full document execution
• Preparation of authorization documents (i.e. Memorandum of Authorization and Justification) that detail the terms of the agreement.

Qualifications

•                      Bachelor’s Degree from an accredited college or university

• In Lieu of a degree, 7 years of experience in business operations, revenue forecasting, contract auditing or financial benchmarking

•                      Experience creating and interpreting Microsoft Excel reports which includes using pivot tables and formulas

•                      Experience writing memos and/or executive level communication

•                      Experience managing multiple project deliverables through completion

•                      The successful candidate must be able to pass a fingerprint-based Criminal History Records Check as mandated by 49 CFR Part 1542 and will be required to obtain and maintain an airport Security Identification Display Area (SIDA) credential with Non- Movement Area Driving and Escort Privileges.  SIDA access and airfield driving, and escort privileges require SIDA and airfield driver training and successful completion of a SIDA test.

Desired

•                      In-depth knowledge of Aviation Operations, Transportation, or Contract & Tenant Management that can include any of the following: third party vendors, airlines, airport processes or other business partnerships. 

•                      Knowledge of any government agency policies and procedures.

•                      Bachelor’s Degree in Business Administration

•                      Experience with air terminals, and airport facilities

•                      Understanding of financial analysis as related to real estate transactions

•                      Experience in conducting or participating in lease negotiations

•                      Experience with SAP, or familiar with similar systems in collecting, interpreting, and presenting data

•                      Experience with DocuSign or similar

•                      Experience writing white papers and presentations

•                      Excellent oral and written communication skills.

•                      Experience with prioritizing deliverables within a tight time frame