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Project Manager - Strategic Investments Group more...
Location:New York, NY
Company:New York City Economic Development Corporation
First posted:June 09, 2017 (last updated 30+ days ago)

Project Manager - Strategic Investments Group

Strategic Investments Group New York, New York

Our Vision :   To make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses.  

Our Mission:   To create shared prosperity across New York City's five boroughs by strengthening neighborhoods and growing good jobs.

Your Role: The Project Manager will work as part of the Strategic Investments Group ("SIG") at NYCEDC to catalyze economic growth and increase quality jobs in all five boroughs of New York City by helping vet, analyze, and structure real estate and tax incentive transactions that benefit growing and expanding businesses. Through the use of development finance tools, including tax incentives and tax-exempt bond financing, the Project Manager will be involved from inception to execution on a variety of fast-paced, high-impact projects that help create quality jobs and strengthen our communities.

Essential Duties and Responsibilities:

  • Develop a strong understanding of financing transactions, including the various incentives and other programs available in New York City for for-profit and not-for-profit companies and developers.
  • Advise members of the real estate and business communities about incentives and programs available in New York City, and evaluate requested and offered business and development incentives.
  • Analyze and present findings and recommendations to project teams and senior staff in written and verbal form, including presenting projects to the NYCIDA and Build NYC Boards of Directors at public meetings, and briefing senior officials of EDC and other New York City
  • Build and maintain detailed financial models (measuring, among other things, pro forma IRRs and NPVs), to aid in the review and analysis of proposals for financial incentives; perform sensitivity analyses to corroborate and test assumptions and other pertinent information provided by applicants.
  • Perform due diligence (including environmental, legal, and background checks, often requiring frequent contact with outside consultants and company representatives) to get necessary information about proposals for incentives.
  • Market programs to potential applicants in the commercial, industrial, and not-for-profit sectors, including coordinating seminars, writing marketing pieces, and developing other strategies to increase the reach of SIG programs.
  • Design, research, and assist in the administration of new NYCEDC business lending programs; perform research and due diligence on new financial program design.
  • Collaborate and coordinate with colleagues in other departments, such as Real Estate, Compliance, Legal, Planning, Communications, Government Relations, and Economic Research.
  • Write memoranda and present to senior staff of NYCEDC and New York City recommending courses of action and new policy initiatives.
  • Draft requests for proposals for services in connection with the design and administration of new and existing financing programs and public-private partnerships.
  • Other duties as assigned.


  • Graduate degree in business, finance, urban planning, public policy, real estate or related subject area
  • 2-4 years of experience in relevant field (finance, real estate, urban planning, government agency)
  • Project management experience or demonstrated stength in process and organizational management
  • Proven strength in use of spreadsheet, database, and presentation applications including Excel and PowerPoint
  • Instinct for strategic thinking and creative problem solving
  • Strong written and oral communication skills, including public speaking
  • Attention to detail and ability to prioritize competing needs and opportunities
  • Ability to work in a team-based environment as well as independently
  • Familiarity with New York City and a general interest in economic development preferred
  • NYC Residency is required within 180 days of hire

About NYCEDC:  T he New York City Economic Development Corporation (NYCEDC) is a non-profit organization that reports to the Deputy Mayor for Economic Development and Rebuilding. The NYCEDC is charged with encouraging economic growth in New York City through a variety of means, including facilitating real estate development, improving infrastructure, attracting and retaining businesses, and conducting economic research and analysis. Additional information on NYCEDC can be found by visiting   (please use the apply button below) .

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