Real Estate Intern

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Research Foundation of The City University of New York

Posted 2 months ago

Internship

New York, New York

In Person

Smart Summary

Responsibilities

The intern will coordinate and maintain property records, review lease documents for compliance, and perform financial oversight including invoice reconciliation. Additionally, they will assist with reporting, budgeting, and administrative tasks to support the Real Estate Operations Team.

Qualifications

You are a CUNY student currently enrolled and pursuing a Bachelor's degree with at least 45 credits completed. You possess good knowledge of FASB and GASB accounting standards, and have advanced proficiency in Excel.

Must Have Skills for ATS

FASB

GASB

Excel

Job Description

Thank you for considering a career with the Research Foundation of The City University of New York (RFCUNY).

The team at RFCUNY is made up of dedicated, talented professionals committed to providing the services that allow CUNY researchers, faculty, and staff to focus on their intellectual curiosity and scientific discoveries.

We are pleased that you are interested in exploring opportunities to join RFCUNY.

Primary Location:

OFFICE OF VC - FACILIT PLAN, CONSTRUC & MGMT

Bargaining Unit:

No

Responsibilities:

  • Document and Data Management: Coordinate and maintain accurate records for leased and owned properties, including lease documents, management agreements, and associated materials. Oversee document protocols such as file storage, scanning, and mail distribution.

  • Lease Review and Compliance: Review, abstract, and audit lease documents to ensure accurate, up-to-date information across systems. Monitor compliance with lease provisions and manage critical lease dates, including rent commencements and year-end reconciliations.

  • Financial Oversight: Review invoices and reconcile charges (e.g., CAM, insurance, real estate taxes) against lease terms. Collect supporting documentation, confirm calculation accuracy, and ensure timely processing of monthly rent payments. Perform Desktop Lease Audits. 

  • Issue Resolution and Communication: Address property management inquiries, coordinate repairs per contractual obligations, and resolve disputes with landlords regarding lease discrepancies. Maintain open communication with internal and external stakeholders, including notifications of critical dates and support for inquiries.

  • Reporting and Analysis: Manage and distribute monthly reports, track financial obligations and transaction pipelines, and assist with budgeting and expense analysis.

  • Legal and Administrative Coordination: Facilitate landlord requests for Estoppels and SNDAs in coordination with the Office of General Counsel (OGC). Maintain updated building contact lists, emergency information, parking assignments, and purchase order logs.

  • Team Collaboration: Work closely with the Real Estate Operations Team to support lease-related tasks and ensure smooth operations in a fast-paced environment.

  • Stretch Role: Assist with special projects related to lease administration and facilities management initiatives. i.e, Work order management process overhaul.

  • Lease registration and collection of documentation, validation of documentation, and submission to NYC (community colleges) or NYS Office of the Comptroller (senior colleges) for approval.

  • Other duties as assigned.

Qualifications:

  • Must be a CUNY student

  • Enrolled in a CUNY college with at least 45 credits towards a Bachelor’s degree

  • Good knowledge of FASB and GASB accounting standards.

  • Previous experience with real estate development proformas and lease negotiations.

  • Advanced proficiency in Excel.

  • Experience in prioritizing projects, meeting deadlines, and initiating follow-through with meticulous attention to detail and high-level accuracy both individually and in a team setting.

  • Exceptional interpersonal skills and the ability to maintain working relationships with staff, partner

  • agencies, colleges, and all other internal and external partners with the utmost professionalism.

Core Competencies:

  • Good organizational and planning skills

  • Excellent written and verbal communication

  • Excellent organization skills and the ability to multitask

  • Ability to work under pressure and meet multiple deadlines

Pay Range:

Minimum - Maximum: $17.50/hour

RFCUNY Benefits
RFCUNY Employee Benefits and Accruals

Equal Employment Opportunity Statement
The Research Foundation of the City University of New York is an Equal Opportunity/Affirmative Action/Americans with Disabilities Act/E-Verify Employer. It is the policy of the Research Foundation of CUNY to provide equal employment opportunities free of discrimination based on race, color, age, religion, sex, pregnancy, childbirth, national origin, disability, marital status, veteran status, sexual orientation, gender identity, genetic information, marital status, domestic violence victim status, arrest record, criminal conviction history, or any other protected characteristic under applicable law. 

R

Research Foundation of The City University of New York

The Research Foundation of The City University of New York (RFCUNY) was established as a private, not-for-profit educational corporation chartered by the State of New York on January 24, 1963. For 55 years, RFCUNY has supported CUNY faculty and staff in identifying and obtaining external support (pre-award) from government and private sponsors and is responsible for the administration of all such funded programs (post-award).
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