Project Executive, Development

Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.

Job Summary

The Project Executive of Development is responsible for the strategic oversight, execution, and performance of RXR’s development and redevelopment portfolio. This role provides senior leadership across the full development lifecycle—from early underwriting and diligence through design, construction, delivery, and turnover—while ensuring projects align with RXR’s investment objectives, financial targets, and operational standards.  This position requires a particular focus on residential opening/turnover readiness and institutional client relationship management.

In addition, this role will serve as a leader in expanding RXR’s residential conversion platform by partnering with internal teams to identify and pursue new opportunities, strengthen market relationships, and support business development efforts aligned with RXR’s strategic priorities.

The Project Executive of Development serves as the project lead, partnering closely with internal investment, construction, and asset management teams, as well as external developers, consultants, public entities, and capital partners.

Responsibilities

Portfolio Project Oversight & Performance Management

• Oversee RXR’s development and redevelopment projects to ensure delivery on schedule, within budget, and consistent with approved business plans.


• Monitor project performance across cost, schedule, risk, and quality metrics; provide regular reporting and escalation to senior leadership as needed.


• Support Project Executives and project teams to resolve complex issues and maintain forward momentum.

Development Execution & Project Leadership

• Serve as Project Executive on RXR-led projects, with accountability across planning, design, entitlements, procurement, construction, and close-out activities from pre-development through completion.


• Ensure appropriate consultant and contractor selection, scoping, leveling, negotiation, and performance management.

Investment Support & Due Diligence

• Partner with the Investment team to provide development and construction assumptions, cost modeling, schedules, and risk assessments during underwriting.


• Lead and coordinate development-related due diligence for new non-office development and redevelopment opportunities.


• Evaluate feasibility, constructability, phasing, and delivery strategies to inform investment decisions.

External Developer & Partner Oversight

• Act as RXR’s representative for development investments led by third-party developers, providing governance, oversight, and reporting.


• Review budgets, schedules, contracts, and design decisions to ensure alignment with RXR standards and investment objectives.


• Proactively identify risks and recommend mitigation strategies to protect RXR’s capital and reputation.

Stakeholder & Relationship Management

• Manage relationships with joint venture partners, developers, public agencies, consultants, and community stakeholders.


• Lead or support negotiations related to zoning, development agreements, consultant contracts, construction agreements, and partnership arrangements.


• Represent RXR externally on development matters, promoting the firm’s capabilities, values, and long-term partnerships.

Team Leadership & Organizational Effectiveness

• Lead, mentor, and develop project managers and senior project managers across the platform.


• Foster a culture of accountability, collaboration, and continuous improvement.


• Contribute to process optimization, staffing plans, and capability building across the development organization.

Qualifications

Top Competencies

• Owner Mindset & Delivery Accountability
  Own outcomes across multiple concurrent workstreams. Creates clarity amid ambiguity, makes timely decisions, escalates appropriately, and keeps teams moving toward the business plan without sacrificing quality or compliance.


• Financial Management & Controls
  Builds and manages project budgets, forecasts, and cash flows from underwriting through closeout. Drives cost discipline and variance management, and communicates clearly to institutional stakeholders. Comfortable with complex funding requirements and incentive-driven constraints.


• Deal Evaluation & Investment Partnership
  Partners effectively with Investments to evaluate new development and residential conversion opportunities, including feasibility analysis, high-level scheduling and budgeting, risk assessment, and materials for Investment Committee review.


• Contracting & Negotiation
  Expert at scoping, structuring, negotiating, and administering agreements (consultants, vendors, leases, and partners). Distinguishes “must-haves” vs tradeable terms, resolves disputes, and preserves momentum while protecting RXR’s position and relationships.


• Project Executive Leadership (Design → Entitlements → Construction → Turnover)
  Leads the full development lifecycle with strong command of schedule, critical path, and decision gates. Selects/levels teams effectively and drives accountability across consultants and contractors. Demonstrated strength in residential turnover/readiness (TCO/CO path, operational readiness, vendor onboarding, and stabilization).


• Client & Stakeholder Management (Institutional Standards)
  Operates with the gravitas and judgment required to represent RXR to clients, capital partners, lenders, public agencies, and community stakeholders. Sets expectations early, avoids surprises, presents options with recommendations, and secures timely decisions.


• Meeting Leadership & Communication
  Runs efficient, decision-oriented meetings. Pre-wires stakeholders, uses clear agendas and action logs, documents decisions, and closes loops. Skilled at managing strong personalities and competing priorities while maintaining trust and forward progress.


• Team Leadership & Capability Building
  Builds high-performing teams through coaching, clear roles, and accountability. Develops PMs/SPMs, improves processes/tools (dashboards, risk registers, decision logs), and scales execution standards across a portfolio.


• Regulatory, Compliance & Operational Integration
  Comfortable managing compliance-heavy workstreams (e.g., abatements/incentives, agency processes, tenant/lease obligations, and city/state requirements). Partners effectively with property management, leasing/marketing, and operations to ensure “Day 1 ready” delivery and smooth handoff to stabilization.

Experience and Education

• 6–8+ years of progressive experience leading ground-up and/or repositioning development projects, with meaningful ownership of design, entitlements/agency interface, partner management, construction execution and opening.


• Demonstrated experience in the NYC / NY tri-state market, including working with public agencies (e.g., DOB/FDNY and other relevant authorities), utilities, and third-party stakeholders.


• Proven ability to deliver and open residential buildings (or mixed-use projects with a major residential component), including turnover/readiness planning with property management, leasing/marketing, and operations teams.


• Strong track record managing budgets, schedules, forecasting, and cost controls across multiple concurrent projects and workstreams; comfort communicating to institutional capital partners and senior stakeholders.


• Significant experience negotiating and administering contracts, including consultant agreements, leases, and partner/vendor agreements; ability to resolve disputes and maintain momentum.


• Experience navigating complex project workstreams such as tax incentives/abatements, condo/subdivision processes (if applicable), compliance requirements tied to funding sources, and ongoing tenant/lease compliance in occupied assets (preferred).


• Bachelor’s degree in Engineering, Architecture, Construction Management, Real Estate, or a related field required.


• MBA, MSRE, or equivalent advanced degree preferred (not required); finance fluency is expected regardless of degree.