Lease Abstraction and Data Intern
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Job Location:
New York City, NY - USA
Monthly Salary:
$ 22 - 22
Posted on:
5 days ago
Vacancies:
1 Vacancy
Job Summary
COMPANY SUMMARY
Empire State Realty Trust Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased top of tier modernized amenitized and well-located office retail and multifamily assets. ESRTs flagship Empire State Building the Worlds Most Famous Building features its iconic Observatory ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisors 2025 Travelers Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of September30 2025 ESRTs portfolio is comprised of approximately 7.8 million rentable square feet of office space 0.8 million rentable square feet of retail space and 743 residential units. More information about Empire State Realty Trust can be found at and by following ESRT on Facebook Instagram TikTok X and LinkedIn.
POSITION SUMMARY
The Lease Abstraction and Data Intern will support the Lease Administration team in managing a diverse commercial real estate portfolio by assisting with lease abstraction data validation and system maintenance. This role focuses on using AI-enabled tools to extract and organize key lease information validating outputs for accuracy and ensuring data is properly structured and maintained within Yardi.
Working closely with the Lease Administration team the intern will help improve the efficiency and accuracy of lease data workflows by refining AI-assisted processes supporting data audits and contributing to reporting and portfolio initiatives. The internship provides hands-on exposure to commercial real estate operations lease administration systems and the practical use of AI tools in a business environment.
Full-time:40 hoursper week from June 1st 2026 until August 7th 2026.
Location:Onsite at111 W 33rdStreet New York NY
RESPONSIBILITIES
- Assist the Lease Administration team in reviewing interpreting and abstracting key business financial and legal terms from commercial leases using AI software
- Utilize AI tools to extract data from lease documents and PDFs applying standardized prompts and workflows to ensure consistent and accurate outputs
- Collaborate with the team to refine prompts workflows and processes that improve the accuracy efficiency and usability of AI-generated lease data
- Input update and maintain lease information documents and key terms within Yardi
- Ensure data integrity by conducting routine audits and cross-checking entries against source documents
- Translate AI-extracted lease information into structured formats including tables and data fields for upload and maintenance within Yardi
- Support the monitoring and tracking of critical lease dates to help ensure timely notifications and compliance
- Assist in generating reports and maintaining dashboards to support visibility into upcoming milestones
- Participate in various portfolio-related initiatives including data cleanup process improvement efforts and system enhancements aimed at improving operational efficiency
- Contribute to research analysis and documentation that support strategic decision-making within the real estate portfolio
- Provide general administrative support to the Lease Administration team as assigned
REQUIRED SKILLS
- Ability to review documents and abstractions with a high degree of accuracy
- Capable of managing multiple tasks deadlines and critical dates within a dynamic real estate portfolio
- Strong computer skills with the ability to learn and navigate software platforms such as Yardi
- Comfortable working with AI-enabled tools and document-processing software to support data extraction validation and workflow efficiency
- Comfortable performing data audits and supporting report generation
- Strong data management skills including organizing information into structured formats such as tables and system fields
- Excellent written and verbal communication skills
- Willingness to learn lease terminology structures and operational fundamentals of real estate portfolio management
- Ability to work collaboratively in a team environment
EDUCATION & EXPERIENCE
- A Junior enrolled in a four-year or five-year undergraduate program in the graduating class of 2027 is preferred
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 collaborative work environment that captures top talent and cultivates the best ideas. As a Great Place to Work Certified employer we are committed to maintaining our positive work culture where employees are engaged and can grow and addition ESRT employees embody our Company Culture & Success Factors -
- Adaptable you are a self-starter whos 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 act with integrity in how you perform your work and embrace our collaborative culture
- Positive you possess a service-oriented attitude with excellent follow through
WELL-BEING
- 40-hour work week paid at a rate of $22.50 p/h
- A challenging exciting and meaningful 10-week experience
- Networking opportunities to get to know fellow interns and key leaders throughout ESRT
- An individual project to be presented to executive leadership
- Company sponsored lunches with leadership and outings
- Tour of the Empire State Building Observatory
- Summer Friday Early Release
$22.50 - $22.50 an hour
Salary is based on several factors including but not limited to education work experience job location size of property where applicable and/or addition to your base salary ESRT provides discretionary annual bonuses.
ESRT is an 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 based on race religion color creed national origin sex sexual orientation gender identity or expression reproductive choices 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. Reasonable accommodations that do not create an undue hardship for the Company are available for applicants and employees with disabilities or sincerely held religious beliefs.
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Required Experience:
Intern
Key Skills
- Campaigns
- Abinitio
- AutoCAD 3D
- Hardware & Networking
- Customer Support
- Arabic
About Company
Discover modern office spaces at the Empire State Building, featuring top-tier amenities and energy efficiency that attract top tenants from diverse industries.
