New York Seasonal Jobs

Job Information

Related Management Company 2023 Summer Associate, Development in New York, New York

Responsibilities

Summer Associate
2023 Internship Program

Overview:
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, West Palm Beach, Miami, Washington, D.C., and London, and boasts a team of approximately 4,000 professionals. With over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan's West Side, The Square in Downtown West Palm Beach, The Grand LA and Related Santa Clara in California and The 78 in Chicago. Each Related project emphasizes a strong commitment to environmentally conscious real estate development and advances the sustainable design, construction and management of urban spaces.

At Related, Summer Programs offer students a 10-week hands-on experience and a chance to work on challenging projects with some of the best minds in the business. You will be immersed in an innovative, fast paced, team-oriented work environment that is intended to provide knowledge across asset classes (i.e. market-rate residential, commercial, and affordable housing). Related is committed to enhancing the experience of our Summer Associates by exposing you to industry leaders, accelerating your learning and development, and providing you with a strong foundation of the real estate industry.
Responsibilities:

The Summer Associate will be responsible for supporting the development in all aspects of projects including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, acquisition, project management and leasing.
Perform financial analysis and due diligence for new investment opportunities
Assist with all aspects of a development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction
Assist in preparing business plans, including annual operating plans, financial forecasts and strategic plans
Manage detailed municipal filings for various development related programs, such as municipal financing applications and real estate tax abatements
Monitor construction costs, budgeting, and the timeline of deliverables
Research and analyses: Benchmark retail activity in target markets by tracking rents, sales per SF, operating costs, competitive supply and retailer expansion activity
Minimize exposure and risk on various projects
Effectively communicate relevant project information to superiors
Qualifications

Qualifications:
Our ideal candidate will be a first-year graduate student with the following skills:
Excellent quantitative and analytical skills; expertise with excel
2 years of relevant experience in corporate finance or real estate analysis
A strong passion for real estate development
Real Estate focused degree/curriculum
Application Information:
Locations available: New York, Santa Monica, West Palm Beach

Program will run from June through August

We take the time to fully review each application. Every offer we make represents our commitment to invest resources in developing a successful career. Unfortunately, due to the large number of applications we receive, we cannot respond to every applicant. If you submit a resume for an internship, we will contact you directly should your skill set match our available summer internship program positions.
Overview

Related Companies is an equal opportunity employer.

Please note that Related has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees. As a condition of employment, Related employees working on-site are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.

Related Companies is an equal opportunity employer.

For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at .

Related is an Equal Employment Opportunity Employer

DirectEmployers