City Winery Expands at RXR’s Pier 57
City Winery adds to RXR’s Pier 57’s ‘culinary diversity’ with a new Mediterranean restaurant, rooftop, sushi and tequila bar. NY Post Article →
RXR and OneIM Form JV to Invest in Rental Housing in Growing Markets
RXR and One Investment Management announced a $500M venture to help finance US rental housing focused on gateway cities and places in the US Sunbelt. In an interview with Bloomberg, RXR’s Chairman and CEO, Scott Rechler explains, “You have good assets that have capital structures that are stressed right now because of the change in rates or the […]
The Plan: RXR’s Rechler on finding investment opportunities
In a recent podcast appearance on CBRE’s ‘The Weekly Take,’ RXR Chairman and CEO, Scott Rechler, engaged in a deep discussion about the future of cities, leveraging AI in decision-making, office-to-multifamily conversions, and more. Rechler also highlighted how commercial real estate investors can find opportunities in a higher-cost environment. Podcast Link →
Building Better Communities: An Interview with Todd Rechler
RXR’s Chief Construction and Development Officer, Todd Rechler, was featured in the April edition of LEADERS Magazine. In his interview, Todd highlighted what sets RXR apart from its competitors. “Our philosophy is the same inside and outside of the office. We build better communities. This holds true in all of our projects. Our commercial spaces […]
RXR Receives ENERGY STAR Partner of the Year Award
RXR has earned the US Environmental Protection Agency (EPA) ENERGY STAR Partner of the Year Award. LinkedIn Post →
Fortune Favors Early Movers in America’s Property Crunch
In a conversation with the Wall Street Journal, RXR Chairman and CEO, Scott Rechler, compares the current commercial real estate environment to the period following the Great Financial Crash of 2008. As the Wall Street Journal notes, “Privately owned RXR spent $4.5 billion on U.S. offices from August 2009 through 2012 and ultimately more than doubled its […]
The Starrett-Lehigh Building Hosts NYFW: The Shows
The Starrett-Lehigh Building took to center stage as the heartbeat of New York Fashion Week 2024. Fashion’s Favorite Building transformed into a dynamic ecosystem, proving that commercial real estate can be as stylish as the catwalk. LinkedIn Post →
Scott Rechler on Commercial Real Estate Opportunities
“The real buying opportunity may be down the road,” says RXR Chairman and CEO, Scott Rechler, in a recent Business Insider piece, entitled, ‘How real estate’s pain could be Wall Street’s gain as Blackstone, Goldman, and others dive back in’. Business Insider Article →
Scott Rechler featured in Axios Markets
RXR Chairman and CEO, Scott Rechler, spoke to Axios about the impact that declining office valuations will have on commercial real estate and capital markets. “We are starting to see some movement — not a lot yet — in deals where lenders are willing to start trading at prices that better reflect the substantial discounts that you need, to […]
Brian Sullivan from CNBC’s Last Call Interviews Scott Rechler
Scott Rechler, RXR Chairman and CEO, joined CNBC’s ‘Last Call’ to share his thoughts on the impact that prolonged high interest rates will have on commercial real estate, and where opportunities exist for lenders, buyers and investors. Last Call Clip →
Squawk Box with Scott Rechler
Scott Rechler, RXR Chairman and CEO, joined CNBC’s ‘Squawk Box’ to share his thoughts on the impact that crossing the chasm from a low-interest rate regime to a substantially higher interest rate regime will have on lenders, borrowers, and investors of commercial real estate. Squawk Box Clip →
Top Real Estate Mogul Warns ‘500 or more’ Banks Will Either Fail or Be Consolidated Over the Next Two Years
RXR Chairman and CEO, Scott Rechler, was quoted by Fortune about the impact of maturing CRE loans on local banks. “Scott Rechler has faith that many commercial real estate owners, operators, and lenders will figure out a way to overcome the challenges facing them, but he’s more skeptical about regional banks.” Fortune Article →
