Earlier this week, RXR Chairman and CEO, Scott Rechler, joined CNBC’s ‘Squawk on the Street’ and discussed why he’s optimistic about New York City’s commercial real estate market. Rechler shared that he believes commercial real estate is poised for success in 2025. Those that adapted to the higher-for-longer interest rate environment and used the past year to play offense, have positioned themselves to take advantage of the opportunities ahead should thrive in 2025. At RXR, we see this as a generational investment opportunity and are gearing up for a big year ahead!