Senior Asset Manager

Why this seat exists

Longacre runs three operating functions that are meant to hold one another accountable: property management executes operations, construction management executes capital, and asset management decides what each building should do and judges whether it did. Asset management is its own vertical, reporting to the CFO/COO alongside Property Management and Construction, so that its judgment is independent of the people it measures — and of the Finance team that produces the numbers it interprets. The Senior Asset Manager is the owner’s representative across the whole book — roughly 4,000 units managed in house in the Bronx and upper Manhattan, plus Houston, Elmira and the third-party-managed Sentinel portfolio — supported by an Asset Management Analyst and by the finance team’s monthly close and reporting.

The seat does not supervise property managers, file with DHCR, schedule building staff or bid contractors. Those belong to the PM/APM teams and the Capital Projects Manager. Where this JD says review, approve or challenge, it means exactly that.