Property Manager

Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

Reporting to a Senior Property Manager, the Property Manager is an on-site, financially accountable leader responsible for driving asset value, controlling operating expenses, and maximizing portfolio financial performance while maintaining high tenant satisfaction.

This role serves as the primary financial steward of the property, with direct responsibility for operating budgets, variance analysis, escalation income, capital planning, and financial reporting. The Property Manager ensures that all operational and capital decisions align with RXR’s financial objectives, internal controls, and long-term asset strategy.

The position requires close partnership with internal finance, accounting, leasing, and construction teams to analyze financial performance, evaluate capital ROI, manage vendor costs, and optimize building efficiency and NOI. The Property Manager operates in alignment with RXR’s vision, mission, and core values, acting with an “owner’s mindset” in all financial and operational decisions.

• Cultivate strong relationships with tenant
• Oversee tenant installations and walkthroughs
• Implement life safety and maintenance programs
• Ensure compliance with RXR policies and NYC Local Law

• Develop and manage operating budgets
• Analyze variance reports and escalation income
• Approve vendor invoices and contracts
• Partner with Finance and Accounting teams

• Evaluate service contracts with a focus on pricing and performance.
• Ensure vendor compliance with RXR procurement and financial policies.
• Track contract performance, renewals, and cost benchmarking

• Supervise and evaluate the property management team with a focus on financial accountability.
• Implement maintenance and life safety programs with cost-efficiency considerations.
• Oversee tenant installations, ensuring financial and scope controls.
• Ensure compliance with RXR policies and audit standards.

• Utilize Avid, , Yardi, Kardin, and Angus to track financial workflows and approvals.
• Analyze Building Management Systems to identify cost-saving opportunities.

• Bachelor’s degree preferred
• 10+ years of commercial property management experience, including financial ownership of Class A NYC office assets

• Demonstrated expertise in budgeting, financial reporting, and accounting procedures
• Advanced Microsoft Excel proficiency
• Strong understanding of operating expense recoveries and variance analysis
• Ability to present financial performance to senior leadership
• Excellent communication and leadership skills
• Expert understanding of commercial building systems and NYC Local Laws

• Working knowledge of AVID, Angus, Kardin, and Yardi

• Budget ownership and asset performance mindset
• Forecasting and cost control
• Capital planning and ROI evaluation

• Vendor and contract management
• Policy and procedure enforcement

• Financial tracking of capital projects
• Timeline and accountability management

• Develops financially accountable teams
• Builds trusted internal and external partnerships

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant…