Director, Real Estate
- New York, New York, United States
- Closing date
- 28 Jun 2023
- Sales & Business Development
- Director / President / C Suite
At Tapestry, being true to yourself is core to who we are. When each of us brings our individuality to our collective ambition, our creativity is unleashed. This global house of brands - Coach, Kate Spade New York, Stuart Weitzman - was built by unconventional entrepreneurs and unexpected solutions, so when we say we believe in dreams, we mean we believe in making them happen. We're always on a journey to becoming our best, but you can count on this: Here, your voice is valued, your ambitions are supported, and your work is recognized.
A member of the Tapestry family, we are part of a global house of brands that has unwavering optimism and is committed to being innovative and wholly inclusive. Visit Our People page to learn more about Tapestry's commitment to equity, inclusion, and diversity.
Primary Purpose: The Director of Real Estate will provide support to a diverse and dynamic real estate portfolio for established, iconic brands. The Director will be passionate about Tapestry's brands but also have zeal for the changing retail landscape and will be a creative dealmaker. This role requires the ability to project manage and communicate across the TPR organization to drive Real Estate actions to completion. This role reports to the Vice President of North America Business Development
The successful individual will leverage their proficiency in Real Estate to...
- Negotiate new deals, renewals, relocations, closures, renovations and subleases, on behalf of Tapestry.
- Negotiate leases, lease amendments, co-tenancy violations & kick outs in partnership with Legal
- Lead site selection and portfolio optimization strategy on behalf of Tapestry's North American portfolio.
- Travel to markets for store visits & market evaluation, up to 1-2x per month, in order to review potential new locations or relocation opportunities, and to understand relevant and emerging retail trends.
- Identify financial and business trends within the portfolio and make data- driven decisions by utilizing department analytical tools
- Maintain key landlord relationships and build network within the retail industry (i.e. real estate brokers, landlord partners, and counterparts at other retailers)
- Partner with Global Environments team to secure project scope, timelines, budgets and funding for all capital projects
- Create and present materials to brand and senior level executives during Real Estate Brand Meetings, and Global Store Development Presentations
- Oversee and provide support to any arising facilities or architecture issues portfolio wide.
- Support each brand's Business Development Long Range Plan & Annual Operating Plan creation.
- Populate deal pipeline to accurately reflect negotiation status and communicate/identify key timelines for partners.
- Partner with operations and finance on securing sales forecasts & proformas.
- Support business in Special Projects with Planning, Mar keting, Visual, Legal and Store Operations
Our Competencies for All Employees
- Courage: Doesn't hold back anything that needs to be said; provides current, direct, complete, and "actionable" positive and corrective feedback to others; lets people know where they stand; faces up to people problems on any person or situation (not including direct reports) quickly and directly; is not afraid to take negative action when necessary.
- Creativity: Comes up with a lot of new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings.
- Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
- Dealing with Ambiguity: Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn't upset when things are up in the air; doesn't have to finish things before moving on; can comfortably handle risk and uncertainty.
- Drive for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
- Interpersonal Savvy: Relates well to all kinds of people, up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably.
- Learning on the Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.
Our Competencies for All People Managers
- Strategic Agility: Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
- Developing Direct Reports and Others: Provides challenging and stretching tasks and assignments; holds frequent development discussions; is aware of each person's career goals; constructs compelling development plans and executes them; pushes people to accept developmental moves; will take on those who need help and further development; cooperates with the developmental system in the organization; is a people builder.
- Building Effective Teams: Blends people into teams when needed; creates strong morale
and spirit in his/her team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team; creates a feeling of belonging in the team.
Tapestry, Inc. is an equal opportunity and affirmative action employer and we pride ourselves on hiring and developing the best people. All employment decisions (including recruitment, hiring, promotion, compensation, transfer, training, discipline and termination) are based on the applicant's or employee's qualifications as they relate to the requirements of the position under consideration. These decisions are made without regard to age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. #LI-JL3. Visit Tapestry, Inc. at http://www.tapestry.com/
BASE PAY RANGE $130,000.00 TO $160,000.00 Annually
Click Here - U.S. Benefits Summary
Defined by inclusivity rather than exclusivity, Tapestry is a global house of brands that embraces the exploration of individuality. We believe that true luxury is a freedom of expression that ignites confidence and authenticity.
Approachable and inviting, we celebrate brands that create joy every day for people around the world. Our passion, detailed approach, and genuine love of what we do enable us to develop and nurture brands so that they can reach their full potential.
The value of our brands is not bestowed by previous generations or borrowed from tradition. It is determined by quality, craftsmanship, and creativity—and the opportunity for self-expression that they provide. We believe anyone from anywhere can have the best idea and, with hard work and dedication, anything is possible.
10 Hudson Yards
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