Vice President, Energy - Portfolio Management

Asset Management Portfolio Management 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.

NYCEDC’s Portfolio Management department within the Asset Management division manages the overall strategy for conventional and non-traditional assets across all five boroughs of New York City. The portfolio includes commercial real estate properties as well as transportation, port assets, critical infrastructure, and energy assets. As a mission-driven organization, NYCEDC targets not just economic returns but also multiple social metrics including but not limited to job creation and growing equitable neighborhoods. The overall assets are divided into multiple portfolios. The division-wide portfolio encompasses property types including those that are standard in the real estate industry (retail, commercial, industrial), port assets (NY Cruise, rail, maritime and aviation) as well as assets particular to the public sector (public retail and wholesale markets, Broadway and non-profit theaters, and affordable industrial and commercial campuses). In fiscal year 2019, the department actively managed over 220 properties and over 65 million square feet at an over 95% occupancy rate, generating more than $270 million in revenue.

Your Role: The Energy Vice President leads the oversight, development, and direct management of energy strategies and energy assets in the Energy Portfolio. The portfolio goal is to drive towards positive net income for NYCEDC while moving rapidly toward a net zero overall asset portfolio. The Energy Vice President is responsible for carrying out three strategies to achieve this portfolio goal: 1) operational excellence in facility energy management, 2) portfolio-wide optimization of energy costs, and 3) deployment of assets for distributed energy resources. The skills and responsibilities that the Energy Vice President will need to oversee the three strategies include relationship management, leasing, energy development and planning, budgeting and financial optimization, as well as developing cumulative and asset-specific energy strategies, and portfolio-wide performance measures.  A critical aspect of the Energy Vice President’s role will be tailoring energy strategies based on the diverse asset classes within Asset Management’s portfolio and working effectively with asset managers within Portfolio Management and colleagues within other departments the Asset Management Division (Property Operations and Design & Construction). The Energy Vice President will also help with special projects at properties such as the Hunts Point Food Distribution Center and the Sunset Park campuses. This role will also supervise matrixed team members to carry out financial and policy analysis, tenant engagement, project management, and contract administration.


  • Lead team in creating and executing energy strategies for operational excellence in facility energy management, portfolio-wide optimization of energy costs, and deployment of assets for distributed energy resources.
  • Develop and lead programs to increase building energy performance through energy efficiency retrofits, green leasing practices, and strategic energy sourcing
  • Evaluate and execute upon opportunities for new energy asset development, drafting and administering procurements and/or capital projects to develop, expand, or reposition energy assets.
  • Measure policy impacts of energy efforts on net income generation and portfolio-wide net zero attainment.
  • Coordinate with other asset managers and portfolios for energy-related tenant engagement and negotiations.
  • Train, manage and oversee staff to execute on financial analysis for energy capital projects, communications (including presentations), project management, asset management and negotiations.
  • Manage your portfolio team and work across asset management portfolios, as well as with other departments including Property Operations, Design & Construction, Planning and Development, Initiatives, Strategic Investments Group, Strategy, and Finance to successfully execute energy projects.
  • Develop and/or participate in special projects with City Hall, including direct interaction with the Deputy Mayor and City Hall staff.
  • Direct the preparation of various contracts, requests for proposals (RFPs), and reports according to company and management expectations and guidelines and consults with Senior Management as directed regarding preparation of key correspondence and investment memoranda.
  • Other duties as assigned.


  • A Bachelor’s Degree and at least 5 years of experience in the energy sector, economic development, city or regional planning, real estate development, asset management, and/or a related field. In all cases, candidates should have experience working on energy in real estate assets.
  • An independent and strategic thinker with ability to structure and sell a plan
  • Highly proficient in project management as well as financial analysis, alternatives analysis and other forms of quantitative decision-making
  • Energetic, creative, and detail-oriented project management skill set
  • Strong interpersonal written, verbal, and analytical skills with an emphasis on strategic and persuasive communication
  • Fluency in Microsoft Office
  • New York City residency (required within 180 days of hire)

Preferred Qualifications:

  • Master’s Degree in a related field
  • Experience with energy asset management and/or utilities
  • Experience with on-site energy management and relevant qualifications such as licensed Professional Engineer (P.E.), Certified Energy Manager (CEM), Certified Energy Auditor (CEA), etc.
  • Experience with Owner’s Representation
  • Experience with asset/property management, lease administration, and tenant relations
  • Experience with construction management
  • Experience with negotiation and document drafting
  • Experience and fluency with MRI property budgeting software (or similar products, such as Yardi)
  • 2+ years of direct supervisory experience
  • Argus experience and/or certification
  • New York City real estate experience

About Us: NYCEDC is New York City’s primary vehicle for promoting economic growth in each of the five boroughs. Our mission is to create shared prosperity across New York City’s five boroughs by strengthening neighborhoods and growing good jobs. We do this by developing, managing, and implementing expansion and redevelopment programs that encourage investment and strengthen the city’s competitive position.

NYCEDC is dedicated to the creation of a dynamic, equitable, and sustainable urban economy. We are making sure that whatever happens next, happens right here in New York City—and that all New Yorkers are a part of it.

NYCEDC offers many unique advantages for an exciting and fulfilling career. As part of our team, you’ll enjoy:

  • The unique opportunity to make an impact on New York City
  • Working on diverse, unique, and challenging projects
  • Working closely with teams of creative, highly motivated, and passionate people
  • Learning opportunities designed to enhance the practical skills and business knowledge of our employees
  • Excellent benefits, including company-paid 401(a) pension plan, 457(b) tax-advantaged retirement savings plans, medical, dental and vision benefits, generous paid family leave and paid time off, and other perks

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our diversity and inclusion mission is to attract, retain, and engage a diverse workforce comprised of talented people. NYCEDC employees can expect to work as part of a highly engaged, passionate and inclusive workforce where everyone’s contributions are valued, respected and make an impact on one of the best and most diverse cities in the world!

For more information, visit our website at