Job Description
Job Location: 805 Third Corp - 7th Floor - New York, NY 10022
Position Type: Full TimeEducation
Level: 4 Year Degree
Salary Range: $275,000.00 - $325,000.00 Salary/year
Job Shift: AnyThe Company:
Founded and headed by Gary Barnett, Extell Development Company is a nationally acclaimed real estate developer of residential, office, retail and hospitality properties, operating primarily in Manhattan and other premier cities across the nation. Experiencing outstanding growth since its founding in 1989, the company’s growing portfolio exceeds twenty-five million square feet.
Overview:
The Vice President of Retail, Food & Beverage, and Entertainment will lead the end-to-end development, execution, and asset management of F&B and entertainment concepts across Extell’s portfolio, including residential, hotel, retail, and mixed-use projects. This role will take full ownership of the strategic and financial delivery of all retail, food & beverage, and entertainment initiatives, from concept creation through opening and ongoing performance. The successful candidate will bring deep expertise in hospitality real estate development, operator partnerships, deal structuring, and brand strategy, coupled with an owner’s mindset for underwriting, capitalization, and execution.
Key Responsibilities
Development Leadership & Execution
- Drive the full development process across retail, food & beverage, and entertainment assets, from underwriting through opening.
- Select and structure partnerships with top-tier operating partners and hospitality brands.
- Establish and negotiate capital structures (equity, debt, and financing arrangements).
- Execute legal agreements including joint venture, management, license, and IP contracts.
- Procure and manage third-party consultants across feasibility, design, branding, and operations.
- Coordinate design and construction with development teams, architects, and contractors to ensure brand integrity, budget control, and schedule delivery.
- Oversee tenant coordination, ensure proper integration of retail and food & beverage spaces into core building systems, and manage fit-out execution.
- Lead cost control and budget management throughout the development process.
Strategic Underwriting & Analytics
- Lead and oversee financial underwriting and investment analysis for all F&B and entertainment projects.
- Evaluate development economics, ROI projections, and deal terms for lease, JV, management, or licensing structures.
- Manage the creation of financial models to analyze revenue potential, capital costs, and operator performance.
- Oversee ongoing asset analytics, reporting, and benchmarking to drive portfolio-level insights and performance optimization.
Hotel, Residential & Mixed-Use Programming
- Partner with internal development teams to program, design, and position all F&B components within residential, hotel, and mixed-use developments.
- Align hospitality concepts with target demographics, brand positioning, and project identity.
- Develop and implement comprehensive master plans for each F&B or entertainment vertical.
- Support Extell Hospitality Services (EHS) in creating F&B programs for managed hotels and developing in-house operational capabilities.
Private Club & Portfolio Brand Development
- Lead creation of a proprietary private membership club brand to be implemented across multiple Extell assets.
- Define brand positioning, membership strategy, and operating model.
- Oversee underwriting, capitalization, and partnership structuring with leading club operators.
- Develop marketing, membership, and PR strategies to establish the club as a flagship lifestyle brand within the portfolio.
- Identify partnership opportunities with external third-parties as needed.
Retail & F&B Leasing
- Build and manage a team to oversee leasing, partnerships, and tenant curation for key assets and future retail town centers.
- Lead negotiations with prospective operators and tenants, ensuring alignment with Extell’s placemaking and branding goals.
- Oversee underwriting, analytics, and deal execution for all retail F&B leasing activity.
Brand, Marketing & Operations Integration
- Develop and implement brand, marketing, and PR strategies for Extell’s F&B, club, and entertainment portfolio.
- Manage creative direction, storytelling, and media partnerships to elevate brand visibility.
- Oversee recruitment of key operational staff and leadership teams for in-house or managed operations.
- Ensure operational readiness, performance tracking, and long-term brand integrity post-opening.
Qualifications
- 6+ years of progressive leadership experience in hospitality, F&B development, or mixed-use real estate.
- Proven record of executing complex F&B and entertainment projects from underwriting through opening.
- Deep understanding of deal structuring, capitalization, legal agreements, and operator relationships.
- Strong analytical and financial modeling skills; experience overseeing project economics and performance metrics.
- Exceptional communication, negotiation, and leadership skills, with ability to align internal and external stakeholders.
- Bachelor’s or master’s degree in hospitality, Real Estate, or a related field preferred.
Compensation & Benefits:
Extell offers opportunities for professional growth and advancement; and competitive pay and benefits to include:
- Annualized Salary: $275,000 - $325,000
- Medical, Dental, and Vision Insurance
- Life and AD&D Insurance Benefits
- Short- and Long-Term Disability Insurance
- 401(k) Plan
- Paid Time Off
- Employee Assistance Program
*Equal Opportunity Employer