About the Agency :
The New York City Department of Housing Preservation and Development (HPD) is the nation’s largest municipal housing preservation and development agency.
Its mission is to promote quality housing and diverse, thriving neighborhoods for New Yorkers through loan and development programs for new affordable housing, preservation of the affordability of the existing housing stock, enforcement of housing quality standards, and educational programs for tenants and building owners.
About the Team :
HPD’s Office of Policy and Strategy (OPS) leverages its expertise to guide and support HPD and its many Offices in their efforts to deepen their impact, optimize their efficiency, and become more data-driven, compliance-attentive, climate-adaptive, and mission-focused.
The Acquisition & Land Valuation Unit is situated in HPD’s Division of Credit & Valuation within OPS. The Acquisition & Land Valuation Unit, along with the Credit & Special Underwriting Unit, provide support to HPD’s Office of Development staff as they structure and negotiate affordable housing real estate transactions.
This work directly supports HPD’s mission to provide secure and safe affordable housing in New York City, with a specific focus on the Housing Our Neighbors Blueprint priority to create and preserve affordable housing.
About your Role :
The appraiser independently prepares narrative appraisal reports that help the Agency develop and preserve housing under the Agency's various programs.
This role reports to the Director of the Acquisition and Land Valuation unit.
Your Responsibilities :
1. Independently appraise commercial property
2. Conduct market research, which includes data verification and analysis
3. Prepare market studies and briefs as requested by the Director
4. Perform documented inspection of property across the City as requested by the Director
Qualifications :
1. NYS Certified General Real Estate Appraiser License, is required
2. NYS driver's license
3. 4+ year college degree focused on real estate valuation, development, technical report writing, or related coursework, is preferred
4. 3+ years of narrative appraisal report writing experience, is required
5. Comprehensive knowledge of New York City’s real estate market, particularly of its multifamily sector, is preferred
6. Strong communication and interpersonal skills; ability to convey analysis and findings to colleagues
Notes :
Only those candidates under consideration will be contacted.
This position is eligible for remote work up to two days per week, pursuant to the Remote Work Pilot Program agreed to between the City and DC37.
As a current or prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs.
Please review the notice to see if you may be eligible for programs and how to apply at nyc.gov / student loans.
55-a Program : This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.
Work Location : Gold Street, Manhattan
Minimum Qualifications
1. A baccalaureate degree from an accredited college and two years of satisfactory full-time experience in the appraisal of real property in which the writing of narrative reports is required; or
2. An associate degree or 60 semester credits from an accredited college and four years of satisfactory full-time experience in the appraisal of real property, of which two years must be in appraisal of real property in which the writing of narrative reports is required; or
3. A four-year high school diploma or its educational equivalent approved by a state's department education or recognized accrediting organization and six years of satisfactory full-time experience in the appraisal of real property, of which two years must be in appraisal of real property in which the writing of narrative reports is required; or
4. Education and / or experience equivalent to "1", "2" or "3" above. However,
all candidates must have a four-year high school diploma or its educational equivalent as described in "3" above and at least two years of the experience described in "1" above.
License Requirement
A Motor Vehicle Driver License valid in the State of New York. This license must be maintained for the duration of employment.
To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one additional year of full-time experience in the appraisal of real property.
To be eligible for placement in Assignment Level III individuals must have, in addition to meeting the minimum requirements, at least two years of full-time experience in Assignment Level I and / or Assignment Level II, or at least two additional years of fulltime experience in the appraisal of real property, one year of which must have been supervising staff performing the appraisal of real property.
55a Program
This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.
Public Service Loan Forgiveness
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs.
For more information, please visit the U.S. Department of Education’s website at class "jobad-residencyRequirement">
Residency RequirementNew York City Residency is not required for this position