Careers

Be Part of Team Cedar

Our employees are driven to do well. They work hard, not only to build Cedar Realty Trust into a world-class organization, but to connect with each other and establish meaningful careers in the process. Consider a job in commercial real estate with Team Cedar, and take a look at our available listings below.

Opportunity

City

State

Development Accountant

Port Washington NY Learn More

Summary:

Cedar Realty Trust is hiring a Development Accountant who will be responsible for cost accounting for development and re-development projects. Main responsibilities of this role include maintaining financial pro formas; accumulating, reviewing and reconciling project costs; and analyzing and updating project returns. This individual will work directly with Asset Management, Construction & Development, Leasing and Corporate Accounting & Finance.

Specific Responsibilities:

  • Prepare and review financial pro formas in collaboration with the Development & Leasing teams
  • Monitor job progress and potential overruns against purchase orders or budgets
  • Assist with executing and tracking purchase orders, work orders and contract change orders
  • Reconcile draws, payments and outstanding invoices to general ledger
  • Respond to special requests for information internally and externally
  • Insure the proper receipt, tracking and filing of hard and electronic copies of permanent documents for projects
  • Review all incoming invoices for accuracy, proper approvals, and coding
  • Interact with vendors regarding invoice issues
  • Prepare and analyze job cost reports
  • Prepare and update quarterly and year-end schedules
  • Prepare recurring journal entries and other journal entries as required
  • Prepare development financial status reports and schedules
  • Ensure proper receipt of lien waivers prior to release of tenant allowance dollars

Required Qualifications & Skills:

  • Bachelor’s degree in accounting or finance
  • Preferred minimum 5 years’ accounting experience, preferably in a similar role
  • Real Estate/Job Cost experience in construction accounting, tracking invoices, project budgets & contract management, working knowledge of contracts highly desirable
  • Ability to work with high degree of accuracy and follow-up
  • Working knowledge of MS Office applications: Excel, Word
  • Ability to work both independently and with a team
  • Ability to work under pressure and successfully met deadlines
  • Proven interpersonal skills and ability to communicate both in writing and verbally
  • Ability to handle shifting and multiple priorities in a fast paced, growth environment
Apply Now

Director, Development

Sewell or Port Washington NJ or NY Learn More

Summary: Cedar Realty Trust, a publicly traded REIT that owns, develops and operates retail shopping centers, is seeking a Director, Development to lead its development/redevelopment projects throughout its portfolio. The successful candidate will rely on extensive experience, creativity, intuition, work ethic and exhibit judgment to plan and accomplish an array of goals to take the projects from conception to stabilization. This position will directly manage the Project Consultant team to craft the vision and strategy for the project, and will work collaboratively with internal departments (Leasing, Construction, Asset Management, Property Management, Legal, & Accounting). This position will report to the VP, Development and will be based in Cedar’s Port Washington, NY or Philadelphia, PA Office, however travel may be required.

Specific Responsibilities:

  • Analyze valuation models and development scenarios for new and existing assets in conjunction with preparation of the strategic plan for individual assets
  • Ensure departmental and corporate guidelines are followed
  • Accountable for strict adherence to project budget, schedule and quality
  • Oversee municipal approval of specific projects
  • Research municipal requirement (i.e. zoning, land use etc.) and timing for new development/redevelopment opportunities
  • Develop network of contacts for local jurisdiction where Cedar has development assets
  • Prepare permit/submittal applications with required documentation for site/civil/building permits and process through receipt of permits
  • Attend community/township meetings to present the project’s program and represent the company’s interests
  • Oversee and coordinate the Design / Consultant team for development projects
  • Review Construction documentation, bid documents, project specifications to fully understand the project scope of work
  • Review General Contractor bid submittals with Construction Team
  • Work closely with Construction director on value engineering opportunities
  • Nurture new and existing retailers through the project
  • Work with leasing team to develop merchandising strategy and plan
  • Review change requests in project scope and make recommendation to management

 

Required Qualifications:

  • Bachelor’s Degree in Architecture, Engineering, Real Estate or Business Related Field preferred
  • A Minimum of 7-10 years relevant working experience

Required Knowledge & Skills:

  • Must take initiative and have a commitment to push for results in a fast paced environment with direct accountability for budget, schedule and quality
  • Must possess a strong professional work ethic with excellent quantitative and analytical skills
  • Must have experience with zoning, entitlements and land use issues
  • Ability to manage and evaluate multiple project simultaneously
  • Strong leadership skills demonstrated in the ability to lead a group of people toward a common goal
  • Must possess strong interpersonal skills
  • A history of working effectively with contractors and sub-contractors responsible for completing various phases of development projects
  • Must accept responsibilities and be held accountable for deliverables
  • Strong background in cost estimating
  • Team player with strong interpersonal skills
  • Strong written and verbal communication skills
  • Proficient in all Microsoft Office programs; Word, Excel and Project
  • The ability to travel is required

 

Apply Now

Senior Construction Manager

Sewell or Port Washington NJ or NY Learn More

Summary:

Cedar is seeking a Senior Construction Manager who will report directly to the Senior Vice President, Development and Construction and will be responsible primarily for major development & redevelopment projects.

Key Responsibilities:

  • Manage Cedar’s construction activity relative to selected key projects, including design development, preconstruction due diligence, contractor selection and qualification, bid/award or GMP negotiation, construction administration and project close-out
  • Interface directly with internal and external stakeholders to define project requirements and constraints and obtain input on design and budgets
  • Coordinate with Leasing representatives and Tenants during lease negotiation process, develop and compile all documents (work letters, budgets, lease exhibits) for completion
  • Oversee the development of all design work from schematic concept to CD’s to insure that company and project-specific budgetary and quality goals and standards are met
  • Identify and pre-qualify the strongest GC’s or CM’s in the market for each prospective project
  • Oversees competitive bid or GMP award process, works with SVP and legal to prepare and execute contract agreements, and maintains ultimate responsibility for construction budgets and schedules
  • Build and maintain relationships with tenants’ construction & development team
  • Prepare and present monthly Development/Construction reports to Executive team
  • Efficiently and productively plan, organize, budget, schedule and execute assigned tasks; manage multiple assignments and priorities; develop contingency plans and adapt quickly to changing circumstances and priorities

Job Qualifications:

  • A minimum of 10 years’ experience within the retail and/or construction industry in a position closely matching the job description above
  • Bachelor’s Degree in Architecture, Engineering, or Construction.
  • A verifiable track record of successful management of significant retail projects. Familiarity with and expertise in mixed use projects, particularly retail with residential and/or office components, is highly desirable.
  • Strong interpersonal, verbal and written communication skills
  • Must possess a strong work ethic, high integrity and ethical standards
  • Exercise independent judgment and discretion and perform under heavy time and workload pressure when necessary
  • Strong conceptual estimating & budgeting skills are necessary, as well as a thorough grasp of contractor selection, bid processes, and management of multiple active construction projects
  • Demonstrated ability to perform a full range of project management duties with limited direct supervision
  • Must be capable of managing and delivering multiple projects within budget and on schedule concurrently.
  • Willingness and ability to travel as required and participate in an open, “team” oriented work atmosphere
  • Solid experience reading and critically evaluating construction documents, preparing Landlord scope of work, and understanding of retail lease document development is required
  • Demonstrated expertise in Outlook, Excel, Word, and Microsoft Project. Understanding of typical “Job Cost” systems is also important
Apply Now

Director, Leasing

Sewell or Port Washington NJ or NY Learn More

Summary

Reporting to the SVP, Leasing, the Director of Leasing will be responsible for driving leasing activity for our grocery-anchored shopping centers. The successful candidate will be a highly strategic professional with deep leasing experience within retail shopping centers. He/she will be responsible for leading and facilitating the retail leasing process as well as participating in the evaluation, underwriting, and budgeting of retail centers.

Specific responsibilities include:

  • Develop and implement leasing, marketing and repositioning strategies for specific properties that are consistent with annual business plans and company goals
  • Identify and source new tenants that will be most beneficial to the property income and value while enhancing overall tenant quality and merchandising mix
  • Interface and negotiate with both tenants and third-party retail brokers
  • Drive the underwriting process of new tenants
  • Harvest and maintain strong tenant relationships
  • Negotiate lease deals to drive income and create long term value creation opportunities
  • Manage the production and review of agreements and documents in connection with retail leasing, including: leases, estoppel certificates, letters of intent, settlement agreements, lease guarantees, lease commencement agreements, etc.
  • Work closely with property/asset management team to ensure a high standard of service delivery to existing tenants
  • Represent the Company at community and industry association events

Qualifications

  • Undergraduate or graduate degree in Economics, Business, or Real Estate
  • 10+ years of progressive leasing experience within a respected institutional platform (either with a real estate owner/developer/operator or within a corporate real estate function) with an emphasis on retail leasing
  • Strong market knowledge in the east coast corridor is a plus
  • Demonstrated skill in the negotiation and closing of complex commercial retail lease transactions
  • Broad and deep pre-existing relationships with the community of retail tenants and brokers
  • Sound judgment with ability to develop and support opinions on various underwriting assumptions and appropriate pricing/return parameters
  • Active member of ICSC, and other relevant industry associations
  • Exceptional communication skills – both verbal and written
  • Solid financial acumen

 

Apply Now

Cedar Realty Trust is committed to equal employment opportunities and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you are interested in applying for employment with Cedar Realty Trust and need special assistance or an accommodation to use our website or to apply for a position, please call 516-767-6492 or email HR@cdrrt.com with your request. Determinations on requests for reasonable accommodation are made on a case-by-case basis.

Policies set forth on our website are not intended to create a contract of employment between the Company and any of its employees or applicants, nor are these policies intended to alter the at-will employment relationship or to be construed to constitute contractual obligations of any kind.