RXR and Liberty Mutual Investments Announce Expanded Credit Partnership
RXR and Liberty Mutual Investments announced this week that they are expanding their long-term strategic partnership. The partners are targeting $1 billion of credit deployments across the capital stack, including senior loans, subordinate financing, construction financing, and flexible preferred equity, positioning RXR’s platform for continued growth in partnership with prominent global institutional investors. Liberty Mutual Investments is also […]
RXR Transforms the Maven Lobby with Art
Featured in Commercial Observer, RXR’s Maven in Mott Haven redefines what it means to come home. With a vision championed and executed by Todd Rechler, RXR’s Chief Construction and Development Officer, the resident lobby was intentionally designed as an immersive gallery, showcasing ten large-scale, vibrant works by local and international artists. Each piece was custom-created to reflect the energy, culture, […]
RXR Launches Leasing Efforts at 89 Dekalb
RXR has launched leasing at Eighty Nine DeKalb, a 30-story, 324-unit all-electric residential tower at the nexus of Fort Greene and Downtown Brooklyn. Eighty Nine DeKalb will provide a mix of affordable and market-rate housing, 16,400 square feet of amenities and 55,000 square feet of academic and office space for Long Island University (LIU), including three floors […]
How an NYC Suburb Is Managing to Bring Rents Down
As cities across the U.S. face housing shortages and NIMBY opposition, New Rochelle is proving that a bold vision, smart policy, and strong public-private partnership can deliver real results. RXR Chairman and CEO, Scott Rechler, spoke with The Wall Street Journal about RXR’s role as the master developer of New Rochelle and how working alongside […]
RXR Discusses the Rise of Private Credit
In an interview with Bisnow earlier this week, RXR Chief Strategy Officer and Head of Equity Capital Markets, Scott Crowe, shared his thoughts on the rise of private credit. Crowe said that RXR is working with lenders to restructure mortgages into A and B notes, take over management of the property, invest capital and bring the asset back to a […]
RXR Reaches 100% Occupancy at 1285 Sixth Avenue
RXR achieved an impressive benchmark at its Midtown office tower, 1285 Sixth Avenue. Global law firm Latham & Watkins has agreed to a lease 120,000 square feet at the property. This lease brings the 1.8 million-square-foot tower to 100 percent occupancy. CBRE represented the law firm, while RXR’s William Elder and Daniel Birney handled the transaction in-house. This lease completion […]
The Yacht Club is “NYC’s Restaurant of the Summer”
The Yacht Club opened to the public Monday night, adding an elevated, open air dining option to RXR’s Starrett-Lehigh Building. With sweeping views of the Hudson River and the Manhattan skyline, the NY Post crowned The Yacht Club as “NYC’s Restaurant of the Summer”. The 20,000 square-foot dining and events destination features abundant multi-level outdoor space, a 5,000 square-foot […]
Presenting RXR’s 2024 Sustainability Report
This week, RXR released its 2024 Sustainability Report, showcasing our ongoing commitment to our operational ethos of “Doing Good and Doing Well means Doing Better.” Our efforts extend beyond individual buildings. We actively collaborate with tenants and the wider community to create healthier, stronger, and more resilient environments. View Report
The Yacht Club Opens at The Starrett-Lehigh Building
Marking an exciting new chapter at RXR’s Starrett-Lehigh Building, The Yacht Club — a 20,000 sq. ft. indoor-outdoor restaurant and bar is now open on the building’s 10th floor. Brought to life by Crew, The Yacht Club offers seafood-focused dining and sweeping Hudson River views — anchoring Starrett-Lehigh’s new full-floor amenity venue, Level Ten, designed for work, connection, and celebration. This […]
RXR’s Veridea project in Apex, North Carolina, Selected as the Site for New NC Children’s Health Campus
North Carolina Children’s Health (NC Children’s) has selected RXR’s Veridea project for its campus, which will feature the only freestanding, independent children’s hospital in the Carolinas. NC Children’s, a partnership between UNC Health and Duke Health, will be developed on roughly 230 acres of land. Once completed, NC Children’s will create about 8,000 jobs in Apex and […]
RXR and Korman Communities Share New Renderings for 5 Cottage in White Plains
RXR and Korman Communities have released new renderings for 5 Cottage, the second phase of the AVE Hamilton Green development in White Plains, in time for the leasing launch of the development. Located on the former site of the White Plains Mall, the project comprises two residential towers: the 12-story 25 Cottage and the 26-story 5 Cottage. The development […]
Scott Rechler Appears on CNBC’s Squawk Box
RXR Chairman & CEO Scott Rechler recently appeared on CNBC’s Squawk Box to talk about New York City’s housing crisis and the real estate outlook. “The way to deal with the housing shortage is to add more supply,” he said, calling for building at all levels. Scott also talked about converting office buildings to residential spaces and highlighted […]
