New

Portfolio Property Manager

Vaco
$120,000.00 - $140,000.00 / yr
United States, New York, New York
Aug 21, 2025
Client: Real Estate Developer and Management Firm Role: Portfolio Property Manager - Residential Properties Salary: $120,000 - $140,000/annually Location: New York City (on-site 4 days a week) Overview: A well-established real estate firm in New York City is seeking an experiencedPortfolio Property Managerto oversee a group of 5 - 10 residential buildings, primarily condominiums and cooperatives. This role requires hands-on experience in managing condo/co-op properties, with a strong foundation in financial oversight and board relations. Responsibilities: Manage day-to-day operations across a portfolio of residential buildings, ensuring smooth property performance and resident satisfaction. Develop and maintain annual operating budgets for each property, including detailed year-over-year variance analysis. Serve as the primary liaison to building boards, attending meetings and providing strategic guidance on property matters. Review and interpret governing documents such as proprietary leases, bylaws, offering plans, and master deeds. Coordinate with internal teams and external vendors to ensure timely maintenance, compliance, and financial reporting. Monitor and report on financial health of each property, including monthly financials, assessments, and capital planning. Lead communication efforts with board members (typically 7-13 per building), addressing concerns and presenting financial and operational updates. Qualifications: Minimum of4-5 years of experiencemanaging condominium and/or cooperative properties. Proven ability to manage multiple buildings and unit counts simultaneously. Strong understanding of residential property governance and legal documentation. Proficiency in budgeting, financial reporting, and variance analysis. Excellent interpersonal and communication skills, with experience presenting to boards and senior stakeholders. Candidates withexclusive affordable housing backgroundswill not be considered for this role. Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries 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 HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.