Job Title: Property Manager – Nyack, NY

Position Overview
The Property Manager will be responsible for the day‑to‑day operations, leasing, and execution of the stabilization business plan for a 164‑unit, three‑tower, elevator‑served multifamily property in Nyack, New York. This hands‑on role combines classic property management (resident relations, maintenance, compliance) with focused lease‑up and coordination of a targeted capital improvement program. For the first 3–6 months, this role is expected to be primarily on-site at the subject Nyack property to drive initial lease‑up, oversee unit turns, and actively manage execution of the capital expenditure program. Upon successful stabilization of this asset, the role may expand to become a portfolio property manager, including additional properties in Upper Westchester and Riverdale.

Reporting To

The Property Manager will report directly to Argo’s Development Team, with regular communication regarding property performance, capital projects, and portfolio initiatives.

Key Responsibilities

Operations, Leasing & Resident Relations

  • Oversee all aspects of on‑site operations for the 6‑story, 3‑tower multifamily property, ensuring a clean, safe, and well‑maintained environment.

  • Lead the lease‑up of 21+ physically vacant units and support conversion of non‑income‑producing units (offices, storage, staff housing) back to rentable apartments to achieve a stabilized vacancy of approximately 5%–8%.​

·       Manage the on-site leasing process (in-house or via external brokers), including pricing and concessions recommendations, tour standards, application screening coordination, and move in execution.

  • Serve as primary point of contact for residents, ownership/asset management, vendors, and local stakeholders; respond promptly to inquiries, complaints, and service requests.

  • Enforce house rules, lease terms, and building policies consistently and fairly.​

 

Capital Projects & Maintenance

  • Coordinate with ownership and construction teams on execution of a $6.0M capital expenditure program, including renovation of 10–15 vacant units at inception, ongoing unit upgrades, garage structural/waterproofing repairs, roof replacement, and other deferred maintenance.​

  • Schedule and monitor unit renovations and building projects to minimize downtime and support leasing velocity; conduct regular site walks to review common areas, building systems, and contractor performance.

  • Oversee day‑to‑day maintenance operations, preventative maintenance, and life‑safety systems (sprinklers, central fire alarm), ensuring compliance with applicable codes.

·       Coordinate closely with the construction manager, who will be primarily responsible for resident communications related to construction activity, ensuring messaging is timely, accurate, and consistent with ownership objectives.

Staff Management

  • Supervise on‑site building staff (supers, porters, maintenance), including scheduling, task assignments, performance feedback, and training.

  • Coordinate payroll approvals and manage overtime relative to budget guidelines where applicable.​

Financial Management & Reporting

  • Assist in preparing and managing the annual operating budget for the property, with a focus on improving NOI from current in‑place levels toward the Year‑3 stabilized target.

  • Review monthly financial reports, rent rolls, and variance analyses; identify drivers of income and expense variances and recommend corrective actions.

  • Oversee rent collections, delinquency follow‑up, and other income items (fees, reimbursements) in coordination with ownership and accounting staff.​

 

 

Regulatory Compliance & Risk Management

  • Ensure compliance with applicable housing laws, building codes, fire/life‑safety regulations, and lender requirements tied to the senior mortgage financing.

  • Work with ownership and counsel as needed to address violations, inspections, or notices from local authorities.

Vendor, Contract & Stakeholder Management

  • Source, bid, and oversee third‑party service providers (maintenance, landscaping, snow removal, security, etc.), reviewing proposals and monitoring performance.

  • Negotiate and administer service contracts, approve invoices, and ensure work is completed on time and within budget.​

  • Maintain effective relationships with lenders’ inspectors, consultants, and other external stakeholders involved in the acquisition and stabilization plan.​

Qualifications

  • 5+ years of multifamily property management experience, preferably with 100+ unit properties and value‑add or stabilization business plans.

  • Strong background in leasing, operations, budgeting, and vendor management; experience coordinating capital projects and unit renovations in occupied buildings is strongly preferred.

  • Familiarity with housing regulations, building codes, and standard multifamily operating practices in New York or comparable markets.

  • Proven ability to lead on‑site teams, manage multiple priorities, and communicate clearly with both residents and ownership.

  • Proficiency with basic office and property management software (e.g., Microsoft Word, Excel, Outlook; property management platforms a plus).

·       Experience managing multifamily properties in Nyack or the broader Rockland County / Hudson River markets is preferred, given the local regulatory environment, tenant base, and vendor landscape.

Additional Requirements

  • Availability to be on‑site regularly at subject Nyack property, including occasional evenings or weekends during lease‑up, capital work milestones, and urgent building matters.

  • Strong customer‑service orientation, professional demeanor, and a proactive, solution‑oriented approach to problem‑solving.

 
Please email your resume HERE.