Property Manager - Chelsea

Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

Reporting to a Senior Property Manager, the Property Manager is an on-site, financially accountable leader responsible for driving asset value, controlling operating expenses, and maximizing portfolio financial performance while maintaining high tenant satisfaction.

This role serves as the primary financial steward of the property, with direct responsibility for operating budgets, variance analysis, escalation income, capital planning, and financial reporting. The Property Manager ensures that all operational and capital decisions align with RXR’s financial objectives, internal controls, and long-term asset strategy.

The position requires close partnership with internal finance, accounting, leasing, and construction teams to analyze financial performance, evaluate capital ROI, manage vendor costs, and optimize building efficiency and NOI. The Property Manager operates in alignment with RXR’s vision, mission, and core values, acting with an “owner’s mindset” in all financial and operational decisions.

Responsibilities

Tenant Relations & Operations

• Cultivate strong relationships with tenant
• Oversee tenant installations and walkthroughs
• Implement life safety and maintenance programs
• Ensure compliance with RXR policies and NYC Local Law

Financial Management & Reporting

• Develop and manage operating budgets
• Analyze variance reports and escalation income
• Approve vendor invoices and contracts
• Partner with Finance and Accounting teams

Vendor & Contract Financial Oversight

• Evaluate service contracts with a focus on pricing and performance.
• Ensure vendor compliance with RXR procurement and financial policies.
• Track contract performance, renewals, and cost benchmarking

Operational & Team Leadership

• Supervise and evaluate the property management team with a focus on financial accountability.
• Implement maintenance and life safety programs with cost-efficiency considerations.
• Oversee tenant installations, ensuring financial and scope controls.
• Ensure compliance with RXR policies and audit standards.

Systems & Financial Tools

• Utilize Avid, Monday.com, Yardi, Kardin, and Angus to track financial workflows and approvals.
• Analyze Building Management Systems to identify cost-saving opportunities.

Qualifications

Experience and Education

• Bachelor’s degree preferred
• 10+ years of commercial property management experience, including financial ownership of Class A NYC office assets

Required Qualifications

• Demonstrated expertise in budgeting, financial reporting, and accounting procedures
• Advanced Microsoft Excel proficiency
• Strong understanding of operating expense recoveries and variance analysis
• Ability to present financial performance to senior leadership
• Excellent communication and leadership skills
• Expert understanding of commercial building systems and NYC Local Laws

Preferred Qualifications

• Working knowledge of AVID, Angus, Kardin, and Yardi

Top Competencies

Financial Acumen

• Budget ownership and asset performance mindset
• Forecasting and cost control
• Capital planning and ROI evaluation

Operations

• Vendor and contract management
• Policy and procedure enforcement

Project & Capital Management

• Financial tracking of capital projects
• Timeline and accountability management

Leadership & Interpersonal

• Develops financially accountable teams
• Builds trusted internal and external partnerships

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant experience).Bonus eligible.

Pay Range: $120,000 USD - $130,000 USD

RXR is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law.

RXR is committed to the full inclusion of all qualified individuals. As part of this commitment, RXR will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact 516-506-6847.