This week, RXR Chairman and CEO Scott Rechler weighed in on the broader economic forces shaping commercial real estate, including the outlook for interest rates and the growing impact of AI investment.
“Think about how many resources are driving this A.I. buildout in terms of supplies, material, labor, capital, rather than going to the traditional economy,” said Rechler. “The quantum on these dollars is so large that it’s distorting the overall economy and it’s creating its own inflationary pressures.”
