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Director of Development

Job in New York, New York County, New York, 10261, USA
Listing for: Redpath Partners
Full Time position
Listed on 2026-10-17
Job specializations:
  • Real Estate/Property
    Real Estate Development, Real Estate Project Manager, Real Estate Finance & Analysis
Salary/Wage Range or Industry Benchmark: 180000 - 225000 USD Yearly USD 180000.00 225000.00 YEAR
Job Description & How to Apply Below
Location: New York

Development Director (Ground-Up Multifamily & Affordable Housing)
New York, NY

A growing real estate development platform is seeking a Development Director to help lead the acquisition, capitalization, development, and execution of a portfolio of mixed-income and affordable housing projects throughout New York State.

This is an opportunity to join a lean, entrepreneurial team where you'll work directly with senior leadership and play a meaningful role in shaping projects from initial sourcing through stabilization and delivery.

Key Responsibilities
  • Identify, evaluate, and execute new multifamily and affordable housing development opportunities.
  • Lead projects through the full development lifecycle, including acquisition, underwriting, capitalization, entitlements, design, financing, construction oversight, and disposition or stabilization.
  • Build and maintain complex financial models and development pro formas.
  • Coordinate with public agencies, lenders, equity partners, consultants, contractors, and community stakeholders.
  • Support project financing efforts, including conventional, affordable, and public-private funding structures.
  • Oversee project execution to ensure delivery on schedule and within budget.
Ideal Candidate
  • 6-11 years of real estate development experience in Affordable Housing, Multifamily, or mixed-income housing.
  • Demonstrated cradle-to-grave development experience across ground-up residential projects.
  • Strong financial modeling, underwriting, and capitalization capabilities. Candidates must be comfortable completing an underwriting case study to assess their technical ability to create and update models.
  • Experience managing multiple projects simultaneously.
  • Affordable housing, LIHTC, tax-exempt bond, or public financing experience is highly desirable.
  • Candidates with a strong market-rate multifamily development background will also be considered.
  • An entrepreneurial mindset with a desire to take ownership of projects and drive decisions.
Compensation

$180,000 - $225,000 base + bonus + benefits. The opportunity to take part in LTIP/upside will also be an opportunity in time.

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