RXR’s 590 Madison Avenue Recognized 2026 CoStar Impact Award
RXR’s 2025 acquisition of 590 Madison Avenue, in partnership with Elliott Investment Management, was recognized with a 2026 CoStar Impact Award. The 1-million-square-foot Class A tower was Manhattan’s first office sale to surpass $1 billion since 2022, establishing a critical pricing benchmark for top-tier office properties during a period of market skepticism. The purchase highlighted […]
RXR Reveals Public Art Installation at 590 Madison
RXR unveiled “The Power of Togetherness” at 590 Madison Avenue, a new public art exhibition in the Madison Avenue Atrium by internationally acclaimed artists Gillie and Marc, created in collaboration with Sesame Street. The installation reinforces RXR’s ongoing commitment to activating its public spaces through culturally resonant programming and is on display to the public until further notice. LinkedIn […]
Renderings Revealed For RXR’s Project in Denver, AVE Station House
RXR unveiled renderings for AVE Station House, a residential project in Denver’s RiNo Art District designed by OZ Architecture. The development leverages its unique triangular site and rail-adjacent context to shape a bold architectural expression rooted in RiNo’s industrial character. RXR will bring the project to life with its partners Halpern Real Estate Ventures, Korman Communities, […]
RXR’s Adam Greene Joins Future of New York Panel
RXR’s Adam Greene, Executive Vice President of RXR Development Services, participated in Commercial Observer and REBNY’s Future of New York Forum, exploring the challenges and opportunities shaping the city’s real estate landscape. Joined by panelists from Cushman & Wakefield, Soloviev Group, Nuveen Green Capital, and REBNY, the discussion focused on New York City’s real estate inventory and the evolving […]
61 Broadway Prepares for 796-Unit Office-to-Residential Conversion in Financial District, Manhattan
RXR is preparing to begin construction on 61 Broadway, the latest office-to-residential conversion in Manhattan’s Financial District. Developed in partnership with One Management and designed by CentraRuddy, the 33-story historic tower will become 796 rental apartments, including roughly 200 affordable units, along with approximately 40,000 square feet of amenity space. Originally designed in 1913 by Francis Kimball for the […]
RXR and Commercial Observer Celebrate Women’s History Month
RXR kicked off Women’s History Month by co-hosting a Women’s Executive Leadership Forum with Commercial Observer at 590 Madison. The evening brought together women from across the real estate industry for an inspiring conversation and celebration of leadership, featuring a fireside chat and leadership awards presentation. Whitney Arcaro, RXR’s Chief Residential Officer, welcomed attendees on behalf of RXR, and […]
Law Firm Latham & Watkins Grows by 131K SF at 1285 Avenue of the Americas
Latham & Watkins has expanded its presence at RXR’s 1285 Avenue of the Americas, adding approximately 131,354 square feet and bringing its total footprint in the tower to 251,354 square feet. The expansion comes just seven months after the firm signed a 12-year, 120,000-square-foot lease at the property, underscoring continued tenant demand for high-quality office space […]
RXR to Convert 61 Broadway into 800 Residential Units
RXR announced its partnership with One Investment Management has secured $475 million in tax equity and construction debt to finance the office-to-residential conversion of 61 Broadway, a 33-story Downtown Manhattan office tower, into 800 residential units, one of the city’s largest office-to-housing projects. The 61 Broadway project adds to RXR’s growing portfolio of large-scale office-to-residential conversions across New York City. […]
RXR Celebrates Black History Month
In recognition of Black History Month, RXR hosted a dynamic conversation celebrating the impact and leadership of Black professionals at every stage of their careers. RXR’s Marilyn Green, Jarrod Whitaker and Lamar Charles joined Jian Bland of Mastercard for a candid discussion on career-defining moments, taking bold risks, the importance of mentorship, and the power of community. RXR President Michael Maturo and Chief […]
Investment Bank Ensis Partners Sets Up First Office at RXR’s 230 Park Avenue
Ensis Partners, a newly launched boutique investment bank specializing in debt restructuring, has signed a three-year lease for 4,260 square feet at RXR’s 230 Park Avenue, establishing its first office headquarters. The firm will occupy space on the building’s 33rd floor. RXR also added a new retail tenant at the property, with Court Street Grocers signing an 11-year […]
The Starrett-Lehigh Building Hosts New York Fashion Week
The Starrett-Lehigh Building was pleased to host New York Fashion Week shows and presentations this week, including 7 For All Mankind’s runway debut under its new Creative Director. The show took place on the 18th floor, transforming the space into a dynamic stage that reflects the building’s continued role as a platform for culture, creativity, and innovation in […]
RXR Secures $407 Million Refinancing for 450 Lexington Avenue
RXR has secured $407 million in mortgage financing to refinance 450 Lexington Avenue, a premier Class-A office tower in Midtown Manhattan. This refinance underscores the strong institutional confidence in the asset and its long-term performance. The new loan replaces a prior $272 million mortgage and provides additional capital to advance ongoing building enhancements. Fully leased to […]
