Posted:
10/31/2024, 7:44:45 AM
Location(s):
New York, New York, United States ⋅ New York, United States
Experience Level(s):
Internship
Field(s):
Business & Strategy ⋅ Finance & Banking
Workplace Type:
Hybrid
Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City’s diverse people and businesses.
Our Mission: Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.
Internship Program Overview: Our 2025 Summer Internship Program is a paid 10-12-week internship program, scheduled to begin on June 2, 2025. Interns are expected to work full-time throughout the summer.
Summer interns will join an intern class consisting of undergraduate and graduate students to work on exciting projects in one of EDC’s many dynamic departments. Summer Interns will also participate in training programs, networking events, and other professional development opportunities over the course of the program.
Our Summer 2025 Internship Program application deadline is Monday, December 2. All materials must be submitted by EOD that date – incomplete or late applications will not be considered.
Department Overview:
NYCEDC’s Asset Management (AM) Division manages the overall strategy for conventional and non-traditional assets across all five boroughs of New York City including commercial real estate properties as well as transportation, critical infrastructure, and energy assets. The Asset Management division pursues a double-bottom line strategy, targeting not just economic returns but also multiple social metrics including but not limited to job creation and growing equitable neighborhoods. The overall assets are divided into multiple portfolios, each managed by an Asset Manager/SVP, with a Business Operations department that monitors and enforces standards and practices across the portfolio.
NYCEDC’s Portfolio Management department within the Asset Management division manages the overall strategy for conventional and non-traditional assets across all five boroughs of New York City. The portfolio includes commercial real estate properties as well as transportation, port assets, critical infrastructure, and energy assets. As a mission-driven organization, NYCEDC targets not just economic returns but also multiple social metrics including but not limited to job creation and growing equitable neighborhoods. The overall assets are divided into multiple portfolios. The division-wide portfolio encompasses property types including those that are standard in the real estate industry (retail, commercial, industrial), port assets (NY Cruise, rail, maritime and aviation) as well as assets particular to the public sector (public retail and wholesale markets, Broadway and non-profit theaters, and affordable industrial and commercial campuses).
The Sunset Park district portfolio team is working on implementing a vision and strategy for the equitable development and ongoing activation and oversight of the Sunset Park waterfront through planning, leasing, placemaking, and comprehensive management of three industrial properties owned by the City of New York: the Brooklyn Army Terminal, Bush Terminal, and the Brooklyn Wholesale Meat Market (BWMM).
Intern Responsibilities:
Qualifications & Requirements:
Salary Target: $19.00/hour (undergraduate-level students); $24.00/hour (graduate-level students)
For more information, visit our website at edc.nyc.
About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy.
NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:
Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.
The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.
For more information, visit our website at edc.nyc.
Website: https://edc.nyc/
Headquarter Location: New York, New York, United States
Employee Count: 251-500
Year Founded: 1991
Industries: Real Estate