Construction Cost Estimator

Title: Construction Cost Estimator

Department: Project Management

Reports To: SVP, Design and Construction

Location: New York, New York

FLSA: Full-Time, Exempt

COMPANY SUMMARY

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets and the Observatory deck attraction in ESRT's flagship Empire State Building - the "World's Most Famous Building". The Company is the recognized leader in energy efficiency and indoor environmental quality. As of March 31, 2024, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X and LinkedIn.

The dedicated team at ESRT is a collection of diverse individuals with a shared passion for excellence and a keen eye toward future growth. Headquartered in New York City, we harness the energy of the city in everything we do. We care for one another, work hard, and have a lot of fun doing it! We are Certified as a Great Place to Work by the global authority, Great Place to Work, on workplace culture, employee experience, and leadership behaviors. We prioritize and invest in the health and wellness of employees to attract, develop, and retain top-tier talent. ESRT values continuous employee development and encourages colleagues to excel in their roles and adapt to emerging business needs. From our crown jewel, The Empire State Building, to incredible buildings modernized for the 21st century, to outstanding customer service, and our decade-long leadership position in sustainability and energy efficient portfolio that is 100% fully powered by renewable wind electricity, we take pride in our work. ESRT seeks an equally passionate colleague to join the team, understand the vision and help achieve that vision.

POSITION SUMMARY

Empire State Realty Trust (ESRT) is actively seeking a meticulous Construction Cost Estimator to enhance our project planning and financial forecasting. In this role, you will be instrumental in analyzing project documents to craft detailed cost estimates, evaluating contractor bids, and steering contract negotiations. You will collaborate with internal project managers and leasing personnel, as well as external engineers, architects, and clients to ensure that projects not only meet but exceed our standards for quality, timeliness, and budget adherence.

RESPONSIBILITIES

• Review project plans and specifications to determine the scope and objectives of the project.

• Conduct site visits and collect data on materials, labor, equipment, and other factors that affect the project cost.

• Prepare detailed and accurate cost estimates using various methods, such as unit pricing, parametric estimating, or computer software.

• Analyze and compare contractor bids and quotations and select the best offer.

• Negotiate contracts and change orders with contractor, subcontractors, suppliers, and clients.

• Monitor and update project costs and budgets throughout the project lifecycle.

• Prepare and maintain cost reports and documentation.

• Identify and resolve any issues or discrepancies that may arise during the project.

• Communicate and collaborate with project stakeholders, such as project managers, leasing staff, engineers, architects, and clients.

WHAT SUCCESS LOOKS LIKE

You are someone who embodies precision and foresight in their role. You are a strategic thinker who meticulously analyzes construction costs, ensuring that every estimate aligns with ESRT's financial objectives and project requirements. Your success is marked by your ability to navigate complex data, leveraging their expertise to forecast expenses accurately and identify cost-saving opportunities.

REQUIRED SKILLS/ABILITIES

• Knowledge of construction methods, materials, codes, and regulations

• Proficiency in cost estimating software

• Strong analytical, mathematical, and problem-solving skills

• Excellent communication, negotiation, and interpersonal skills

• Attention to detail and accuracy

• Ability to work independently and as part of a team

• Ability to handle multiple projects and meet deadlines

EDUCATION & EXPERIENCE

• Bachelor's degree in construction management, engineering, or related field.

• Minimum of 7 years' experience as a construction cost estimator or similar role.

PHYSICAL REQUIREMENTS

• Prolonged periods of sitting at a desk and working on a computer

• Must be able to lift up to 15 pounds at times

WHAT YOU CAN EXPECT

At ESRT, like our tenants, our employees come from everywhere. We foster a richly diverse work environment that captures top talent and cultivates the best ideas. By focusing on inclusion and celebrating our differences, we create even greater value - in business practices, relationships, and employee engagement. As an Equal Opportunity Employer, we are committed to maintaining a diverse, inclusive and equitable work environment where our employees can thrive. In addition, ESRT employees embody our Company Culture & Success Factors -

• Adaptable - you are a self-starter who's able to quickly digest and execute new processes to work both collaboratively and independently

• Dynamic - you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRT

• Dependable - you take a strong sense of ownership and accountability over your work

• Passionate - you keep up with industry trends and are excited about the potential to propel the industry forward with a "roll-up-your-sleeves" attitude

• Curious - you consistently look for new ways to work smarter, not just harder

• Ethical - you treat others with respect, and embrace and contribute to a culture of diversity and inclusion

• Positive - you possess a service-oriented attitude with excellent follow through

The salary range for this position is $100,000 to $125,000. Salary is based on several factors including but not limited to education, work experience, job location, size of property where applicable, and/or certifications. In addition to your base salary, ESRT provides discretionary annual bonuses. ESRT offer comprehensive, competitive benefits & well-being programs including:

BENEFITS

• Competitive base salary and bonus

• Health/Dental/Vision insurance

• Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance

• Voluntary Enhanced LTD Program

• Voluntary Hospital, Accident, and Cancer Programs

• 401(k) with 100% match up to 5%

• Paid parental leave

• Pre-tax transit accounts

• Employee Assistance Program for emotional, financial, and legal support

WELL-BEING

• Generous paid time off

• Flex remote work time

• Flex Summer Fridays

• Employee engagement programs

• Volunteer time off

• Continuing education

• Complimentary Empire State Building Observatory access

• Complimentary gym membership and other wellness benefits

• Employee Discount Programs

ESRT is an affirmative action and equal opportunity employer and is committed to providing a workplace free from harassment and discrimination. We celebrate the unique differences of our employees because they drive curiosity, innovation, and the success of our business. We do not discriminate on the basis of race, religion, color, creed, national origin, sex, sexual orientation, gender identity or expression, age, marital status, veteran status, disability status, pregnancy, parental status, caregiver status, genetic information, political affiliation, or any other status protected by the laws or regulations in the locations where we operate. This policy applies to all aspects of employment, including hiring, promotion, demotion, compensation, training, working conditions, transfer, job assignments, benefits, layoff, and termination. Accommodations are available for applicants with disabilities.