Summer Intern, Asset Management - Development

New York City Economic Development Corporation • Internship • New York, NY, US • $19 - $24 / hour • 1w ago

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.

The Development department within the Asset Management division works with the portfolio and asset managers to identify opportunities for the redevelopment and/or repositioning of these assets in order to both improve the economic returns of the assets and to incorporate EDC's strategic policy initiative directives. Some of the assets that the Development department is currently focusing on include the Manhattan Cruise Terminal, the Sunset Park campus (including the Brooklyn Army Terminal and Made in New York Campus), the Teleport Campus and the Hunts Point Food Market.

Intern Responsibilities:

Assist with the preparation of design documents, including drawings and specifications.
Support project managers in coordinating project activities and timelines.
Participate in site visits and assist with on-site observations and documentation.
Conduct research on materials, techniques, and industry best practices.
Collaborate with team members on brainstorming sessions and design reviews.
Help maintain project documentation and files, ensuring accuracy and completeness.
Attend meetings and take minutes, providing support to project teams.
Contribute to sustainability initiatives and solutions within projects.

Qualifications & Requirements:

Preferred field(s) of study: Architecture, Civil Engineering, Construction Management, or a related field; strong interest in design and construction processes.
Must be enrolled in an undergraduate or graduate degree program; recent graduates are also encouraged to apply
Demonstrated enthusiasm for the mission of NYCEDC
Demonstrated written, verbal, and analytical skills
Demonstrated experience in using database and presentation tools, including Excel, PowerPoint, and Word
Detail-oriented and organized, with the ability to multi-task and manage deadlines
Ability to work in collaborative, cross-functional teams
Ability to work full-time, Monday-Friday 9AM-5PM and complete the entirety of the 10-week program

Salary Target: $19.00/hour (undergraduate-level students); $24.00/hour (graduate-level students)

For more information, visit our website at edc.nyc.

Salary Range

$19—$24 USD

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:

Generous employer subsidized health insurance
Medical, dental, and pharmacy plans
Vision and hearing benefits
Flexible spending accounts for healthcare and dependent care
Short term and long-term disability coverage
100% employer covered life insurance and supplemental life insurance coverage
Up to 25 vacation days
Floating Holidays and Summer Fridays
Parental leave - up to 20 paid weeks
Retirement savings programs
- Company-paid 401(a) defined contribution plan
- 457(b) tax-advantaged retirement savings plan
Tuition Reimbursement program
Continuing education and professional development
Public Service Loan Forgiveness (PSLF) eligible employer
College savings plan
Backup childcare
Gym membership discounts
A Calm.com membership for mindfulness and mental health support
Employee discounts through Plum Benefits and much more

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.

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