VP for Transactions

New York City Housing Authority’s Real Estate Development Department (REDD) is responsible for reinvesting in, restoring, and rebuilding publicly controlled affordable housing. REDD delivers on its mission by securing capital sources and operational expertise through innovative public-private partnerships that center resident voices. REDD’s work is critical to achieving NYCHA’s overall mission to provide quality housing for New Yorkers that is sustainable, inclusive, and safe, while fostering opportunities for economic mobility.

REDD oversees the implementation of the Permanent Affordability Commitment Together (PACT) program, which leverages the federal Project-Based Section 8 program to generate significant funding to modernize NYCHA communities, while preserving residents’ rights and enhancing their quality of life. In addition to the rehabilitation of existing buildings, REDD is also using PACT to rebuild public housing developments and create new housing opportunities for existing NYCHA residents in addition to mixed-income housing, community and commercial uses, public spaces, and other community assets. REDD’s PACT program has delivered nearly $10 billion to over 31,000 homes and will address a pipeline of $6.2 billion in capital needs for over 12,000 homes as of February 2026.

Under the direction of the Executive Vice President and Chief Real Estate Officer, the Vice President, will be responsible for supervising a team of real estate finance and affordable housing development professionals on projects central to achieving the goals of NYCHA. The Vice President will lead projects from inception to closing by directing the financial analysis on a project’s feasibility, managing negotiations on land leases, PACT conversions, and air rights with developers, overseeing project management and progress, and maintaining a relationship with the federal government through HUD. The ideal candidate has real estate industry experience and has a strong track record of closing deals.

The key responsibilities for this position include, but are not limited to:

- Supervise and provide direction on all aspects of real estate project management and land lease negotiations and conduct transaction negotiations to maximize return to NYCHA.
- Display strong understanding of real estate development practices, preferably specific to New York City and affordable housing finance.
- Establish short and long-term project goals and time frames and review all relevant project documents.
- Present projects to executive staff, boards and City officials.
- Identify new projects and/or development opportunities for NYCHA.
- Build and maintain relationships with governmental and quasi-governmental agencies, real estate developers and business groups, consultants, civic and community stakeholders, and cultural and professional organizations.
- Demonstrate managerial experience/ability with specific focus on ability to lead and motivate teams to set and meet goals, expectations and deadlines with limited oversight.
- Mentor and cultivate junior staff knowledge and skills development.
- Possess a strong sense of professional judgment and ability to solve problems creatively.
- Exhibit leadership abilities, including interpersonal, communication and public speaking skills and a strong sense of personal accountability to ensure project completion.

Additional Information

1. NYCHA employees applying for transfer, promotional, title or level change opportunities must have served a period of one year at current location and in current title and level (if applicable).
2. NYCHA residents are encouraged to apply.
3. NYCHA provides benefits that include a choice of medical coverage plans, deferred compensation plans and a defined pension benefit plan as a member of the New York City Employees' Retirement System (NYCERS).

Please read this posting carefully to make certain you meet the minimum qualification requirements before applying to this position.

DIRECTOR OF DEVELOPMENT (HA) - 21146

1. A baccalaureate degree from an accredited college and four years of responsible, full-time experience directing or coordinating the administration of a large organizational segment, at least 18 months of which must have been in a responsible administrative, consultative, managerial or executive capacity; or

2. Education and/or experience equivalent to “1” above. However, all candidates must possess the 18 months of administrative, consultative, managerial or executive experience as described above.

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.