RXR Seeds New $500M Residential Partnership with North Carolina Investment Authority
This week, RXR announced a new $500M strategic discretionary separate account with the North Carolina Investment Authority (“NCIA”) to provide structured equity solutions for over $2 billion of high-quality residential development and transitional real estate projects across the United States. Investments will be made via RXR’s Capital Solutions Platform, which is designed to provide flexible, bespoke capital solutions to […]
RXR Adds Two Tenants at 75 Rockefeller Plaza
Xfinity Creative, Comcast’s in-house marketing services agency, has signed a five-year lease for 14,116 square feet, taking the full 11th floor at RXR’s 75 Rockefeller Plaza and relocating from 105 Wooster Street in SoHo. The building also welcomed strategic advisory and investment firm BeaconHead Partners, which secured 3,190 square feet on the 20th floor under a three-year lease. Together, the […]
RXR Chairman and CEO Scott Rechler on Housing Affordability and Mayor Mamdani’s Performance to Date
This week, RXR Chairman and CEO, Scott Rechler, joined CNBC’s “Squawk Box” to discuss the state of the housing market, tackling housing affordability, and his thoughts on Mayor Zohran Mamdani a month into his term. Scott Rechler on housing affordability: “I think the real issue is supply. There’s a supply gap of between four and seven million homes […]
Financial Services Tenant Expands to 95K SF at RXR’s 230 Park Avenue
StoneX, a global financial services firm, is expanding its footprint at RXR’s 230 Park Avenue in Midtown Manhattan. The company currently occupies the 10th floor, 72,838 square feet, and will add the 32nd floor with an additional 21,904 square feet under a new 10-year lease. ConnectCRE Article
RXR Breaks Ground on New Residential Development at Garvies Point
This week, RXR and partner Chuo-Nittochi Group broke ground on the latest phase of the multi-stage, Garvies Point waterfront redevelopment in Glen Cove. This new offering, called The Arden, will deliver 101 new rental homes, including market-rate studios, one-, two- and three-bedroom apartments as well as 2,400 square feet of retail space to the growing Garvies Point community. The complex […]
Level Ten at Starrett-Lehigh: New Amenities in NYC Offices
NYC office amenities are officially entering the “experience era.” From wellness-forward spaces to social and hospitality-style programming, buildings are raising the bar on what it means to earn the commute. At the Level Ten amenity floor in the Starrett-Lehigh Building, RXR leaned into intentional details, from a signature fragrance and curated lo-fi beats to a restaurant and roof deck overlooking […]
1211 Avenue of the Americas: Leasing in NYC’s future office towers
Prime Midtown inventory is tightening, and tenants are securing space earlier than ever, even in towers that haven’t broken ground yet. The flight to quality is accelerating, with companies prioritizing best-in-class buildings, amenities, and employee experience as a true differentiator. At 1211 Avenue of the Americas, RXR is investing in impactful upgrades to attract a major tenant […]
RXR’s Eighty Nine DeKalb Offers Smart and Sustainable Living
RXR’s 30-story residential tower in Downtown Brooklyn is a 100 percent all-electric building that infuses smart technology with hotel-like hospitality. “There is a very unique feature with our windows because they are such expansive glass. Some of the living spaces have up to 16-foot ceilings, with floor-to-ceiling windows,” said Whitney Arcaro, Chief Revenue Officer of RXR […]
RXR Buys Stakes in Upper East Side Luxury Rental Buildings
RXR recently acquired a 45 percent stake in a multifamily portfolio on Manhattan’s Upper East Side, including the 45-story rental tower at 265 East 66th Street and 20 adjacent townhouses. The investment reflects continued confidence in New York City’s high-quality residential assets, even amid broader market uncertainty. Russ Young, Executive Vice President of RXR’s Investment Management […]
RXR’s White Plains Redevelopment Signals New Chapter For City
RXR was featured in Forbes as part of a story behind the recent redevelopment momentum in White Plains, NY. The piece profiles RXR and Korman’s AVE Hamilton Green, a two-tower residential development offering studio to three-bedroom homes. Situated on the former White Plains Mall site and bordered by Cottage Place, Hamilton Avenue, Dr. Martin Luther King Jr. Boulevard, […]
RXR Begins 1,250-Unit Office-To-Residential Conversion In Midtown, Manhattan
RXR has begun the office-to-residential transformation of 5 Times Square at West 42nd Street and Seventh Avenue. The major mixed-use development, including up to 1,250 apartments reflects Midtown’s broader evolution from an office-heavy district into a “live-eat-play” neighborhood, driven by rezoning and growing demand for residential, dining, and entertainment uses. Speaking of the neighborhood’s evolution, RXR Executive Vice […]
RXR Chairman and CEO Scott Rechler Shares 2026 Office Outlook
RXR Chairman and CEO Scott Rechler recently spoke with the Commercial Observer, sharing his 2026 expectations for the office market. Rechler says office demand is proving more resilient than expected, with many post-pandemic tenants expanding their footprints as employees return. Additionally, Rechler added that the pipeline of projects will have an impact on the market for the […]
