Development Analyst - Hudson Yards

Job Description

The Hudson Yards Development Analyst will focus on all aspects of real estate development including financial analysis and modeling, site acquisition, due diligence, zoning, legal document review, budgeting, construction and design.

The Analyst will prepare detailed financial analyses and models including those for transaction underwriting and return on investment analysis, and will provide key takeaways to business units, corporate finance, and senior management. The Analyst will also provide timely explanations of variances between actual results and forecasts/budgets.

Other responsibilities include:

Responsibilities:

• Assisting the project manager in a broad range of development activities including site acquisition, financing, governmental approvals, design and construction monitoring, project branding, sales and marketing strategy and implementation.
• Conduct market assessments, site assessments, zoning assessments, and other due diligence related to site acquisition and development feasibility.
• Underwrite new development deals. Prepare business plans, including annual operating plans, financial forecasts, strategic plans, and product introduction financial plans.
• Author internal and external correspondence for transaction and property descriptions, offering memoranda for asset sales and capital raisings, and responses to RFP’s. Manage detailed municipal filings for various development related programs, such as real estate tax abatements and municipal financing applications.

Qualifications:

• A minimum of 2 years of experience in real estate financial modelling from areas such as real estate corporate finance, investment banking, private equity or real estate investment sales, or debt platforms.
• Strong quantitative, financial analysis and modeling, MS Excel skills are required.
• Exceptional time management and prioritization skills are also required to succeed in a fast paced environment, managing multiple projects with significant responsibilities and competing priorities.
• Coping skills, attention to detail, along with a strong desire to grow and succeed are critical.
• Excellent communication, written and interpersonal skills at all levels are critical to success at Related.
• Must be able to work well in groups but also independently to manage and own tasks.
• Candidates that have a passion for real estate, a strong entrepreneurial mind, and strong work ethic will have the potential to become part of a growing company on the cutting edge of real estate development and an industry leader.