WALTER J. SMITH, RA
Sea Cliff, New York 11579
Home: 516-***-**** Cell: 917-***-****
actewz@r.postjobfree.com
EXPERIENCE
Jan2013 – WALT SMITH CONSULTING: Real Estate / Construction Operations Consulting
Present Select Clients: SAVANNA - BUILD 360 – Venture Capital and Private Equity firms
Independently contracted to develop, and implement, best practices for operations and construction platforms across major New York City assets and projects including up to a three million square foot portfolio. Service and responsibilities include:
Preparation of annual capital, repositioning and operations budgets. Preparing of monthly analysis, variance reporting and quarterly reforecast
Pre-construction services, constructability review, cost value analysis, phasing/staging, budgeting and scheduling. Research and evaluation of tax credits, federal / municipal and supplier incentives.
Serving as the owners’ representative with clients, architect/engineers, contractors and suppliers
Oversight of insurance functions; risk mitigation, personal injury claims, premium reductions and labor disputes
Strategic planning and pre-construction analysis and value engineering for corporate interiors, retail and new development projects
Recovery of over $2MM for a property damage claim, and the oversight of the restoration work to restore building to pre-incident condition
Property management oversight, policies and procedures development implementation and execution
Creation and monitoring of operating budgets and bidding contracts
Development of RFP process, and execution of all service and capital construction project contracts
May 2010 – COLLIERS INTERNATIONAL
May 2012 Executive Managing Director - Managed daily oversight of the tri-state portfolio consisting of 170 assets totaling 20 million square feet of office, residential and retail space. Responsibilities included:
Supervision of property management, facilities, capital construction, accounting, human resources and local technology groups for tri-state region
Oversight and execution of repositioning projects, local law “11” work, tenant fit-outs, elevator mods, MEP infrastructure, full capacity generators, roofs, windows, safety / security systems
Resolution of all open violations, permits, FDNY issues and securing certificate of occupancies
Creation and implementation of annual business plans, including P&L forecasting
Financial modeling and forecasting for office, retail and mixed use properties
New business development, sourcing new leads and clients utilizing industry relationships, proposal writing, formal client presentations, pricing development, contract execution, and project start-up
Team leader of facilities management consulting group
Management of 80 person, multi-discipline staff
November 2003 RXR REALTY
May 2010 Executive Vice President - Directly responsible for the management and daily oversight of New York tri-state portfolio consisting of 70 class “A” assets totaling 10.5 million square feet with an annual operating/ capital budget of $250 million, including office, retail and a 607 room Marriott hotel located in Uniondale, New York. Responsibilities included:
Creation and implementation of annual business plan with revenues in excess of $417 million
Management and coordination of property management, leasing and tenant construction groups
Coordination and execution of five-year capital plans as prepared by property managers
Underwriting for acquisitions, dispositions and new development
Oversight of the divisional joint venture operations
Development of earnings models and forecasting
Chairperson of Green Buildings Committee
Member of Executive Team, Operating and Security Committees
Development and implementation of marketing plan
WALTER J. SMITH, RA
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December 2001 - RECKSON ASSOCIATES REALTY CORPORATION
November 2003 Vice President of Property Management - Responsible for overall operations of the Long Island office portfolio, focusing on core process development and financial management. Responsibilities included:
Managerial operation of 30 multi-tenanted office buildings, totaling 4.2 million square feet
Directing all in-house property managers, maintenance personnel, concierge staff and tenant service operators as well as outsourced service providers
Oversight of financial operations, budgeting, reporting, forecasting and asset management
Life cycle cost analysis, building systems evaluation, energy consumption efficiency and building automation integration
Compliance to all governing building codes, environmental policies and life safety regulations
Maintenance of life safety plan and development of O.S.H.A. training program
April 1998 - RECKSON ASSOCIATES REALTY CORPORATION
December 2001 Vice President and Director of Project Administration - Responsible for overall operations of Reckson Construction Group. Responsibilities included:
Management of Development and Tenant Construction Services Group including the review and approval of buyouts, compliance with lease obligations and financial performance reporting including retail, banking and healthcare facilitates.
Serving as liaison between architecture, construction, accounting, and executive management team for all construction projects including ground-up, gut-rehab restorations, and interiors.
Review of monthly receivable aging reports, change orders, client driven delays and resolution of the same
Design and implementation of computer database tracking systems and internet management tools
January 1997 - KREISLER BORG FLORMAN GENERAL CONSTRUCTION COMPANY, INC.
April 1998 - Project Manager - Directing the $40 million dollar modernization of the Dr. Ramon Eerterio Betances Houses for The New York City Housing Authority. Responsibilities included:
Preparing and executing public prevailing wage contracts between the City of New York, HUD, and 3rd party contractors, ranging in scope and scale from restoration of abandon pre-war brownstones into multi-family units, asbestos abatement of occupied public housing, high-rise infrastructur.
Preparation and review of financial reports, schedules, bid analysis and revenue forecasts
Preparing contract documents through coordination of information provided by government agencies, architects, and engineers, as well as scripting documentation required for public bidding
Project manager responsible for new Columbia University dormitory project. The project consisted of the integration of a new 20 story structure above and around and existing landmarked building. Designed and executed necessary underpinning, shoring and needle beams to support existing facades, prepared construction schedule and construction site phasing plans
Acting directly as office representative in client relations through preparation of monthly reports, monitoring affirmative action and prevailing wage compliance and weekly progress meetings
Directing and executing constructability studies and for School Construction Authority and construction management of three public high schools
May 1995 - MOJO STUMER ASSOCIATES P.C.
January l997 Project Manager - One of four project managers reporting directly to principal. Responsible for multiple projects ranging in scope and scale, including high end residential, retail, office and ground up development.
October 1991 - STUART NAROFSKY ARCHITECT
May 1995 Project Manager / Designer - Worked directly for principal as office representative developing projects from initial program design through construction. Projects included residential, office, hospitality and retail.
October 1991 - MOJO STUMER ASSOCIATES P.C
June 1985 Project Architect in Production Department
WALTER J. SMITH, RA
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EDUCATION
FORDHAM UNIVERSITY Graduate School of Business
Masters in Business Administration - Finance with Real Estate Concentration
NEW YORK INSTITUTE OF TECHNOLOGY Bachelor of Science - Architecture
UNIVERSITY OF PENNSYLVANIA Wharton School of Business
Certificate in Professional Development - Executive Education Program
ACADEMIC ASSIGNMENTS
New York University
Adjunct Professor – Advance Construction Plan Reading
New York Institute of Technology, School of Architecture and Design
Adjunct Professor – Building Construction One
Long Island University C.W. Post Campus
Adjunct Professor – Real Estate Fundamentals
Real Estate Practitioners Institute / Long Island University C.W. Post Campus
Seminar Instructor – Property Management Fundamentals
Building Owners and Managers Association Long Island (BOMA – LI)
Education Coordinator and Instructor for BOMI Certification Program Classes: Building Systems I & II, Risk Management, Accounting
PROFESSIONAL CREDENTIALS and ASSOCIATIONS
Registered Architect – The State of New York
O.S.H.A - Occupational Health and Safety Administration -Thirty Hour Outreach Course
LEED Green Associate: USGBC
American Heart Association – Certified in First Aid and CPR
Building Owners and Managers Association – Founding Board Member and president of BOMA Long Island
American Real Estate Society – Speaker and Panelist at annual conference, Coeur d’Alene, Idaho, “Smart Buildings: How New Technologies are Changing Commercial Real Estate” – Panelist