RXR Discusses AI in Real Estate at RETCON 2025
RXR was an active participant at RETCON 2025, a premier gathering of industry leaders that featured insightful keynotes and dynamic discussions on the future of innovation and tech in real estate. In a featured fireside chat, RXR’s Head of Hospitality and Amenities, David Gise, presented how RXR is leveraging AI across its portfolio, specifically unpacking how AI is […]
Amazon Takes 200,000 Square Feet at 237 Park Avenue
Amazon has agreed to take nearly 200,000 square feet at 237 Park Avenue as the company calls its employees back to the office five days a week. 237 Park is a 21-story, 1.2 million square foot office tower owned by a partnership of RXR and Walton Street Capital. Just last month, law firm Davis Polk & Wardwell also signed a long-term […]
AVE Paradise Valley Hosts Ribbon Cutting Reception
The Fox 10 Phoenix team joined AVE by Korman Communities and RXR at the AVE Paradise Valley ribbon cutting reception. The event celebrated the grand opening of the beautiful new residential community in Phoenix, Arizona. LinkedIn Post →
Mizuho Financial Group Signs February’s Largest Lease at 1285 Avenue of the Americas
Mizuho Financial Group signed the biggest new lease in Manhattan in February, and will take a 151,400-square-foot space at RXR’s 1285 Avenue of the Americas. Mizuho, whose global custody and related businesses outside of Japan were acquired last month by State Street Corp., currently has offices next-door at 1271 Avenue of the Americas. Commercial Observer Article →
RXR Chairman and CEO Scott Rechler Talks 175 Park Avenue with The Real Deal
In a conversation about the strong demand for new trophy office buildings in New York City, RXR Chairman and CEO Scott Rechler highlighted the firm’s plans to advance 175 Park Avenue, a new two-million-square-foot office tower. The Real Deal Article →
One Clinton Park Honors Black History in New Rochelle
Two years ago, RXR set out to recognize the enslaved people who lived in New Rochelle with a request for creatives to write a poem that best encapsulates the city’s rich history. That review process ultimately resulted in the selection of a moving poem titled “Unforget” to be physically commemorated in Downtown New Rochelle for generations to come. […]
RXR Chairman and CEO Scott Rechler Discusses Debt Financing with Commercial Observer
RXR Chairman and CEO, Scott Rechler, recently discussed the state of debt financing with Commercial Observer. “To refinance some of these loans today you can’t get the same level of proceeds. So, instead of them going up and having a higher loan-to-value level, the borrower or the lender themselves will come to nonbank lenders and credit platforms […]
Winning in Today’s CRE Market with Scott Rechler
In a wide-ranging conversation about commercial real estate’s shifting landscape, the multifamily sector and the importance of public-private partnerships, and RXR’s investment strategy, RXR Chairman and CEO, Scott Rechler, shared his optimistic view of the market on Walker & Dunlop’s Walker Webcast. Rechler highlighted how collaborations between the private sector and municipalities can lead to innovative solutions that […]
Timelapse Video: Watch RXR’s Hamilton Green Come to Life
Check out a panoramic timelapse of the 18-month evolution of RXR’s Hamilton Green development in White Plains, New York, which RXR is building with partners Cappelli Organization, LRC Construction, LLC, and AVE by Korman Communities. LinkedIn Post →
RXR and GO Partners Recapitalize 685 First Avenue
As reported in Bloomberg earlier this week, RXR and GO Partners have refinanced and recapitalized the 685 First Avenue, luxury apartment building in Murray Hill. With this recapitalization, the tower jumped 16% from its 2022 sale price and is now valued at $450 million. The 408-unit multifamily condominium was 98.5% occupied as of January 2025. Bloomberg Article →
RXR’s Garvies Point transforming Glen Cove
RXR is transforming a decades-old industrial wasteland into 56-acre mixed-use community 30 miles from midtown Manhattan. Working in partnership with the City of Glen Cove, RXR is building more than 1,000 new housing units, 75,000 square feet of new commercial and retail space, and 28 acres of waterfront promenades and parks at Garvies Point. “We took […]
RXR Chairman and CEO, Scott Rechler on Recapitalizations As Interest Rates Remain High
Earlier this week, RXR Chairman and CEO, Scott Rechler, discussed recent recapitalizations, each with a common goal: shuffle the capital stack while enabling property owners to implement upgrades or stabilize assets amid higher-for-longer interest rates. Rechler highlighted RXR’s recent $70 million recapitalization of 530 Fifth Avenue and added: “I have been pretty vocal that, as it relates to office, going […]
