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Lease Administrator

New York, NY 10007

Posted: 01/19/2023 Industry: Lease Administrator Job Number: 4525 Pay Rate: 90,000

Job Description

Lease Administration
  • Prepare residential and review commercial lease documents – new leases/renewals and amendments
    • Review and track letters of intent; compare against drafted lease documents for accuracy
  • Review and abstract all lease documents
  • Calculate rent and tenant’s percentage share of escalations
  • Prepare and send Commencement Date letters to tenants
  • Prepare Move-in/Move-Out forms for completion by building manager
  • Manage and track security deposit/letter of credit processing
  • Tenant Insurance – track and review certificates.
  • Prepare and distribute monthly vacancy, rent roll and lease expiration reports
  • Manage Rent Stabilized & Controlled Apartment information
  • Prepare and send Residential Lease Renewals
  • Collaborate with outside residential brokers
  • Assist on special projects and assignments
  • Prepares and distributes critical date reports; maintains tickler system for tracking important dates and tasks.

Accounts Receivable
  • Review Tenant charges prior to monthly billing
  • Prepare monthly rent statements for all tenants
  • Enter all billing adjustments
  • Enter all billback charges
  • Receive, deposit and post Tenant payments
  • Check bank on-line for wire transfers
  • Prepare delinquency reports
  • Tenant collections/late fees
  • Accept Service of Process
  • Remit legal cases to outside L&T counsel
  • Bachelor’s Degree and a minimum of 5 years residential/commercial lease administration experience or equivalent.
  • Residential/Commercial Real Estate experience is a MUST
  • Experience in lease preparation and abstraction is a MUST
  • Accounts Receivable experience are a MUST
  • Excellent communication skills and savvy administrative skills are a MUST
  • Property accounting experience is a plus
  • MRI experience is a plus
  • Strong IT competency is a plus

Meet Your Recruiter

David Rosenblatt

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