Property Manager
Meet Our Recruiter
About the Role
Property Manager - Luxury Condominiums & Cooperatives
Location: New York City
Portfolio: 6-8 Luxury Condo & Co-op Buildings
Position Overview
We are seeking an experienced Property Manager to oversee a portfolio of 6-8 luxury condominium and cooperative buildings in New York City. The ideal candidate is a proactive, detail-oriented professional with strong financial acumen, exceptional communication skills, and a proven ability to manage high-end residential properties while maintaining excellent relationships with Boards, residents, and vendors.
This role requires hands-on management, strategic oversight, and the ability to navigate the unique operational, regulatory, and service expectations of NYC luxury buildings.
Responsibilities
Building & Operations Management
Oversee day-to-day operations of 6-8 luxury condo and co-op properties
Ensure buildings are maintained to the highest standards of service, safety, and aesthetics
Conduct regular site visits and inspections; proactively identify and resolve issues
Coordinate and supervise on-site staff (doormen, porters, supers, managing agents)
Oversee move-ins/move-outs, alterations, and resident requests
Board & Resident Relations
Serve as the primary liaison to Boards of Directors and/or Trustees
Attend and present at Board and Annual Meetings; prepare agendas and management reports
Advise Boards on building operations, capital projects, and long-term planning
Address resident concerns professionally and diplomatically
Financial Management
Prepare and manage annual operating budgets in collaboration with Boards
Monitor expenses, approve invoices, and ensure adherence to budgets
Review monthly financial statements and variance reports
Assist with reserve planning, capital assessments, and audits
Vendor & Project Management
Solicit bids, negotiate contracts, and manage vendors and service providers
Oversee capital improvements and renovations
Ensure all vendors meet insurance, licensing, and compliance requirements
Compliance & Risk Management
Ensure compliance with NYC and NYS regulations (Local Laws, DOB, HPD, FDNY, etc.)
Manage insurance policies, claims, and risk mitigation efforts
Maintain accurate building records and documentation
Qualifications & Experience
5+ years of NYC property management experience, preferably with luxury condos and co-ops
Demonstrated experience managing multiple buildings simultaneously
Strong knowledge of NYC building operations, Local Laws, and regulatory requirements
Proven budgeting, financial reporting, and vendor negotiation skills
Ability to manage demanding Boards and high-expectation residents
Strong organizational skills with attention to detail
Proficiency with property management software (e.g., Yardi, BuildingLink, AppFolio, or similar)
The above salary range represents Cobalt's good faith and reasonable estimate of the possible base compensation range at the time of posting and is one part of the total rewards package this client provides to employees.
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