Director Of Commercial Lease Administration - Hudson Yards
CurrentI manage the leases from execution to expiration and I am responsible for any adjustments or modification to the lease during its life. I also have a reporting responsibility to provide ownership and management with correct and timely data which allows them to improve the focus and direction of the business.• Handle the Hudson Yards mixed use properties (Office & Retail), managing the Lease Administration Team.• Abstract all leases and lease related documents and enter them into our Property Management system, JD Edwards.• Ensure that all lease-related transactions; monthly rent, insurance and common area charges are reviewed and properly recorded. • Prepare & track invoicing for tenant utility consumption and other regular charges. • Review Tenant income and expense sections of the budget. • Prepare and send to tenant monthly billings and invoices. Coordinate, review and prepare miscellaneous invoices for tenants in conjunction with AR and Property Management. • Review, analyze and document accounts receivable issues between landlord and tenant. Contact tenants for corrections, adjustments and payments.• Prepare and analyze list of delinquent tenants for Property Management and Leasing. • Prepare and handle lease correspondence (default notices, lease notices, violations and collections). • Prepare and review estoppel certificates. • Track critical dates as it relates to the lease related clauses and landlord deadlines. • Assist with lease interpretations as relative to tenant issues.• Review others work to ensure they are in compliance with department Standard Operating Procedures and Process Narratives. • Prepare and provide financial analysis & critical reports for management and owners.