Matthew Wasserman

Matthew Wasserman Email and Phone Number

Asset and Portfolio Management at NYCEDC @ New York City Economic Development Corporation
new york, new york, united states
Matthew Wasserman's Location
New York, New York, United States, United States
About Matthew Wasserman

Matthew Wasserman is a Asset and Portfolio Management at NYCEDC at New York City Economic Development Corporation.

Matthew Wasserman's Current Company Details
New York City Economic Development Corporation

New York City Economic Development Corporation

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Asset and Portfolio Management at NYCEDC
new york, new york, united states
Website:
edc.nyc
Employees:
541
Matthew Wasserman Work Experience Details
  • New York City Economic Development Corporation
    Asset & Portfolio Management Associate
    New York City Economic Development Corporation Sep 2024 - Present
  • Nyu Schack Institute Of Real Estate
    M.S. Candidate
    Nyu Schack Institute Of Real Estate Jan 2024 - Present
  • Moishe House
    Resident Leader
    Moishe House Jan 2024 - Present
    • Moishe House provides vibrant Jewish community for young adults by supporting leaders as they create meaningful home-based Jewish experiences for themselves and their peers.• Feelings of isolation and loneliness are on the rise. Jewish community, life, and traditions, made available in a way that resonates with young adults, have the power to greatly improve the lives of young Jewish adults and to strengthen Jewish communal connectedness.• Example of responsibilities have included managing house finances and applying for funding grants, organizing 20+ person Shabbat dinners, leading cooking series where extra food is donated to a local community fridge.
  • Biomed Realty
    Financial Planning And Analysis, Associate
    Biomed Realty Jul 2021 - May 2024
    • Oversaw quarterly investor reporting on supply/demand, rent growth, and capital market fundamentals across 6 markets (>90mm sq. ft.). Materials were repurposed for IC decks like BMR’s global spec suite strategy. • Interfaced with Leasing team and brokers to update statistics and track shifting environments. Insights were used for investor materials and leasing strategies, including early-termination discussions and redevelopments.• Supported $600mm acquisition of Flatiron Park in CO by producing supply and demand reports, comparing market asking rents vs. underwriting, and identifying competitive supply and demand drivers.• Analyzed historical data on market conditions to predict trends about the life science real estate industry’s current health and long-term outlook; e.g. projecting life science vacancy to be in double-digits by 2025.• Produced overall market net effective rent estimates to educate leadership on the direction that rents and concessions are headed. Outputs showed declining YoY results in most but not all markets due to economic shift in 2023. • Aggregated construction cost data and communicated with 3rd party project managers to examine price escalations that illustrated moderating YoY growth from double-digits during COVID to single digit in post-COVID era.• Studied market lease transactions over last 12 months. Proved out >70% of deals were with VC-backed tenants at either built-out 2nd gen spaces or spec suites if a 1st gen deal.• Contributed to the preparation of an investor deck outline for quarterly board meetings attended by Blackstone and other fund investors. Brainstormed data analysis that illustrates the latest market trends.• Traveled to the various sites to build relationships with Leasing and brokers and develop understanding of the real estate markets.• Organized a BMR softball team and served as captain, promoting teamwork, and boosting employee morale.
  • Wayfair
    Senior Analyst, Forecasting And Analytics
    Wayfair Jan 2018 - Jun 2021
    Boston, Massachusetts, United States
    • Work directly with stakeholders and senior leadership simultaneously to improve staffing decisions. • Leverage big data and SQL to drive operational insights and reports looking at customer trends and changes in behavior.• Produce sensitivity and root-cause analyses to communicate variance drivers to leadership and improve decision-making.• Assist in development of the CS Headcount forecast. Previously produced a CS Financial Operating Expense forecasts. Both are modeled in Excel.• Built reports to track KPIs related to headcount forecasting to monitor demand and productivity trends.• Translate complex analyses and models to leadership for situational forecasting. • At least 2% improvement in forecast accuracy from ’18 - ’19 across all contact channels (phone & email, NA & EU), saving costs and increasing efficiency.• Create contact forecast SOPs to maintain consistency in our efforts.• Swiftly adapted a simple / interactive Excel contact forecast model during early COVID that breaks down estimates to 15-minute segments.• Implemented a quarterly contact forecast process using test statistics (MAPE, POA, etc.) to build confidence with stakeholders.
  • Rxr Realty
    Asset Management Intern
    Rxr Realty May 2015 - Aug 2015
    Uniondale & Nyc, Ny
    • Developed quarterly summary reports for senior management that RXR continues to use.• Analyzed variance reports for Tennant Improvements, Leasing Commissions, Capital and Legal Costs.• Abstracted property agreements, including Debt and Partnership agreements.• Experience with Kardin budgeting, IBS (Integrated Business Systems) management software and Argus for budgets and forecasts.
  • Rxr Realty
    Asset Management Intern
    Rxr Realty Jul 2014 - Aug 2014
    Uniondale & Nyc, Ny
    • Developed quarterly summary reports for senior management that RXR continues to use.• Analyzed variance reports for Tennant Improvements, Leasing Commissions, Capital and Legal Costs.• Abstracted property agreements, including Debt and Partnership agreements.• Experience with Kardin budgeting, IBS (Integrated Business Systems) management software and Argus for budgets and forecasts.

Matthew Wasserman Education Details

Frequently Asked Questions about Matthew Wasserman

What company does Matthew Wasserman work for?

Matthew Wasserman works for New York City Economic Development Corporation

What is Matthew Wasserman's role at the current company?

Matthew Wasserman's current role is Asset and Portfolio Management at NYCEDC.

What schools did Matthew Wasserman attend?

Matthew Wasserman attended Nyu Schack Institute Of Real Estate, University Of Massachusetts, Amherst, University Of Massachusetts, Amherst, Adelphi University.

Who are Matthew Wasserman's colleagues?

Matthew Wasserman's colleagues are Dennis Caramante, Ken Haines, Fran Tufano, Liz Russell, Gina Rodriguez, Justina T., Brooke Wieczorek, Aicp.

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