RXR Chairman and CEO Scott Rechler joined CNBC’s ‘Squawk on the Street’ to discuss the outlook on commercial real estate and RXR’s plan to review its own portfolio through a process dubbed ‘Project Kodak’. RXR will continue to allocate resources toward the ‘digital’ category of competitive buildings and find alternative uses for buildings that fit the ‘film’ category. Rechler also discusses the impacts of interest rates on capital structures and financing.
