Paralegal

Paralegal Overview

• The Paralegal will play a vital role in managing legal processes for a large residential property.
• Collaborate closely with the Assistant Property Manager and General Manager to ensure smooth operations.
• Act as an ombudsman to facilitate communication between the cooperative and its transfer agent.
• Handle high-volume coop closings and transfers with precision and attention to detail.
• Work on-site at a private residential cooperative with over 1,000 units.
• Benefit from free single benefits after three months of employment.
• Enjoy convenient on-site parking and proximity to public transportation.
• Opportunity to gain exposure to all aspects of managing a large NYC property.

Paralegal Key Responsibilities & Duties

• Communicate with the coop transfer agent regarding transfer applications and closings.
• Prepare and review standard closing documents and transfer applications.
• Coordinate Board interview schedules and process checks collected at closings.
• Analyze reports related to transfers, including types and flip tax details.
• Maintain effective communication with shareholders regarding transfer processes.
• Collaborate with the Assistant Property Manager to streamline workflows.
• Ensure compliance with legal standards and property management regulations.
• Provide support to the General Manager and other team members as needed.

Paralegal Job Requirements

• Bachelor of Laws (LL.B) degree or equivalent educational background.
• Minimum of 5 years of experience in coop closings within a high-volume office.
• Preferred 7 years of experience in real estate management or legal offices.
• Strong written and verbal communication skills for effective stakeholder interactions.
• Excellent attention to detail and organizational abilities.
• Ability to work full-time on-site, adhering to the specified office schedule.
• Knowledge of NYC property management and legal processes.
• Experience with preparing and analyzing legal and financial documents.