Prepare efficient investment memoranda for the ESRT Investment Committee and participate in discussion
Download deal data rooms, coordinate access, and save data room files to Sharepoint
Prepare agendas, presentation materials, and investment memoranda
Analyze and synthesize market information to inform underwriting assumptions including leasing, development pipeline, financing, transaction, and capital raising activity
Analyze data sets and identify industry trends that support new investment themes
Participate in and provide support for the ongoing asset management of each investment
Create property and portfolio financial models that isolate variables and considers various outcomes
Take meeting minutes
Build proprietary databases that support sourcing initiatives
Analyze historical portfolio performance
Act as a culture carrier and exemplify the guiding principles of ESRT:
Organize and participate in market diligence trips, competing property tours, and onsite inspections
Coordinate and participate in property tours
Analyze investments to the highest institutional standard:
Support review and execution of NDA’s for new transactions with legal team
Analyze property and portfolio level data to inform underwriting assumptions including
Develop a working knowledge of leases, loan documents, partnership agreements, and other agreements to assist with general responsibilities
Work seamlessly with the members of the Investment Team to prioritize assignments and communicate issues and significant findings to the team immediately
Assist with key asset management initiatives
Coordinate and track meeting follow-up and meetings with brokers and advisors
Collaborate with other departments to provide critical inputs for underwriting model
Support the transactions process:
Support due diligence process and ensure information flows are coordinated across internal and external parties
Distribute materials to internal committees.
Become an integral part of the Investments Team and can be relied upon for timely and accurate analyses
Upload files to disposition data rooms and coordinate access
Create and modify Word and PowerPoint presentations
Maintain and record files for the Investment department and share information with other departments
Maintain transactions pipeline
Requirements
argus
microsoft office
bachelor's degree
decision making
communication
adaptable
Displays excellent judgment and can act decisively in situations requiring quick but thorough analysis and decision-making, while understanding when and how to escalate issues appropriately
Understand and communicate the physical characteristics of properties and the related competitive advantages and disadvantages
Domain knowledge of New York and the greater metropolitan area is preferred but not required
Strong communicator
Positive – you possess a service-oriented attitude with excellent follow through
Adaptable – you are a self-starter who’s able to quickly digest and execute new processes to work both collaboratively and independently
Demonstrated interest in a career in real estate investment and finance
Must be able to lift up to 15 pounds at times
Dynamic – you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRT
Team calendar management and ability to interface seamlessly with other colleagues, departments, and administrative assistants
College degree in Business Administration, Real Estate, Finance, or related field
Highly detail-oriented, has strong organization and communication skills, and can prioritize and re-prioritize based on changing business needs
Prolonged periods of sitting at a desk and working on a computer
Familiarity with ARGUS and proficient in Microsoft Office Suite
Benefits
Health/Dental/Vision insurance
Flex Summer Fridays
Complimentary Empire State Building Observatory access
Employee engagement programs
Generous paid time off
Complimentary gym membership and other wellness benefits
401(k) with 100% match up to 5%
Pre-tax transit accounts
Paid parental leave
Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance
Flex remote work time
Voluntary Hospital, Accident, and Cancer Programs
Employee Assistance Program for emotional, financial, and legal support
Employee Discount Programs
Volunteer time off
Voluntary Enhanced LTD Program
Competitive base salary and bonus
rent rolls, leases, historical cash flows, expense items, capital investment, and financing options
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
$190M
Q2 2024 Revenue
Generated $190 million in revenue during the second quarter of 2024.
93%+
Manhattan Office Occupancy
Maintains high occupancy rates in its Manhattan office properties.
#1
Tripadvisor Ranking
Recognized as the top U.S. and world attraction on Tripadvisor in 2024.
~7.9M sq ft
Office Portfolio
Manages a significant office portfolio in New York City.
Owns and operates iconic properties, such as the Empire State Building and its world-renowned Observatory Experience.
Has expanded its portfolio into multifamily residential properties in NYC, broadening its reach beyond traditional assets.
Celebrated for securing major leases at properties like 20 West 34th Street.
Maintains healthy liquidity and growing cash flow, with $42 million in signed leases yet to commence.
Culture + Values
100% Renewables
Wind Energy Usage
The entire portfolio is powered entirely by renewable wind energy, making it the nation's largest user of green power in real estate according to the EPA.
89% Fitwel Certified
Healthier Workplaces
A significant portion of the Manhattan portfolio is certified for healthier workplace environments, improving occupant health and productivity.
GRESB 5-Star
Green Star Recognition
Achieved GRESB 5-Star Rated for the fourth consecutive year with a remarkably high score of 93.
93/100 Score
GRESB Achievement
Received a score of 93 in GRESB assessment, demonstrating exceptional commitment to sustainability.
WELL Health-Safety Rated: first commercial portfolio in the Americas to achieve the WELL Health-Safety rating.
Certified™ Great Place to Work® in 2023
Environment + Sustainability
100% Carbon Neutral
Entire Portfolio
Maintained carbon neutrality for all properties.
57% Emissions Reduction
Empire State Building
Achieved significant emission reductions since 2009.
9,000 Acres Preserved
Biodiverse Forests
Supported conservation efforts to offset fossil fuel usage.
1.5°C Aligned
Science Based Targets
Targets validated with the Science Based Targets Initiative.
On track for Net Zero by 2030 at Empire State Building and 2035 across portfolio.
Offset all electricity usage since 2011 at ESB and portfolio since January 2021 via 100% wind RECs.
100% of portfolio WELL Health-Safety Rated, enrolled in WELL at Scale, received WELL Health-Safety Leadership Award.
Lead ranking by GRESB for all listed companies in the Americas (highest possible score).
ENERGY STAR Partner of the Year Sustained Excellence Award in 2023 and 2024.
2024 International TOBY Earth Award and BOMA NY Grand Pinnacle & Earth Awards.
Fitwel Champion with 82–86% portfolio certified.
100% NYC commercial office portfolio ENERGY STAR certified.
Inclusion & Diversity
2023
Great Place to Work Certification
Recognized as a Great Place to Work® based on validated employee feedback.
2023
Bloomberg Gender Equality Index
Named to the Bloomberg Gender‑Equality Index for demonstrating strong gender equality practices.
Great Place to Work certification reflects high‑trust workplace culture (employee‑reported)