Crossing The Chasm Episode 20: Bridging Today’s Challenges for Tomorrow’s Growth
In this podcast, “Crossing the Chasm”, RXR Chairman and CEO, Scott Rechler, and Charlie Harary, RXR Chief People Officer, discuss how RXR plans to capitalize on new opportunities and reach new horizons. Episode 20: Bridging Today’s Challenges for Tomorrow’s Growth In this episode of Crossing the Chasm, Scott and Charlie dive into the critical moment the economy is facing […]
Ulta Beauty Opening 12K-SF Store at 620 Avenue of the Americas
The retail space at 620 Avenue of the Americas will be home to Ulta Beauty’s third Manhattan location, alongside retailers Burlington, TJ Maxx and Marshalls. “Throughout 2024, the RXR and Hudson Bay Capital teams collaborated to reintroduce 620 Avenue of the Americas as the go-to retail shop along the bustling Chelsea corridor,” said William Elder, RXR EVP, Managing […]
RXR Buys Stake in 1211 Avenue of the Americas
This week RXR announced that it has acquired 49% interest in 1211 Avenue of the Americas, one of the most recognizable and distinguished office buildings in New York City. The stake was acquired from Ivanhoé Cambridge, the global real estate group of CDPQ. RXR and Ivanhoé Cambridge will continue the program to reposition the asset by investing over […]
Scott Rechler Joins CNBC’s ‘Squawk on the Street’ and Discusses Current State of the Market
Earlier this week, RXR Chairman and CEO, Scott Rechler, joined CNBC’s ‘Squawk on the Street’ and discussed why he’s optimistic about New York City’s commercial real estate market. Rechler shared that he believes commercial real estate is poised for success in 2025. Those that adapted to the higher-for-longer interest rate environment and used the past year to play offense, […]
Burlington Coat Factory Doubles Sixth Avenue Corridor Presence at RXR’s 620 Avenue of the Americas
Burlington Coat Factory is moving to 620 Avenue of the Americas. For ~80,000 square feet and three levels, the 12-year lease nearly doubles Burlington’s presence in the Sixth Avenue corridor. Both T.J. Maxx and Marshalls signed five-year retail renewals for roughly 68,000 and 38,000 square feet, respectively. This deal marks another success for joint-venture owners RXR and Hudson Bay Capital, […]
Commercial Observer’s 2024 Year In Review
RXR Chairman and CEO, Scott Rechler, was recently interviewed by the Commercial Observer for the publication’s year in review. On the 2024 market, Rechler shared, “This was the year we went through five stages of grief, from denial to acceptance. During the year, owners and banks began to capitulate to where values are and acknowledge that, even if rates […]
Crossing the Chasm Episodes 18: Economic Trends in a Post-Election Landscape
In this podcast, “Crossing the Chasm”, RXR Chairman and CEO, Scott Rechler, and Charlie Harary, RXR Chief People Officer, discuss how RXR plans to capitalize on new opportunities and reach new horizons. Episode 18: Economic Trends in a Post-Election Landscape In this episode of “Crossing the Chasm,” Scott and Charlie explore the potential post-election economy. Despite concerns about tariffs […]
Crossing the Chasm Episode 19: Maximizing the Holiday Season
In this podcast, “Crossing the Chasm”, RXR Chairman and CEO, Scott Rechler, and Charlie Harary, RXR Chief People Officer, discuss how RXR plans to capitalize on new opportunities and reach new horizons. Episode 19: Maximizing the Holiday Season Scott and Charlie provide guidance on making the most of this holiday season on this episode of “Crossing the Chasm”. While […]
RXR Awarded at Commercial Observer’s Breakthrough Awards
RXR received two honors at Commercial Observer’s Breakthrough Awards, which recognizes teams, deals, developments, and executives across asset classes and verticals who have succeeded despite economic and urban challenges. RXR was awarded in the Innovation in Office category for the RXO Program, a tenant experience program that offers a variety of services and amenities to tenants of RXR properties, and Public-Private […]
Scott Rechler Joins CNBC’s ‘Squawk Box’ and Discusses Current State of the Market
RXR Chairman and CEO, Scott Rechler, joined Andrew Ross Sorkin and CNBC’s Squawk Box team to discuss the current state of commercial real estate in New York City. One topic Scott raised was the critical role of thoughtful public policy in unlocking the innovation and ingenuity of the private sector. Scott touted New York City’s East Midtown Rezoning […]
RXR Executes Leases at 37-18 Northern Boulevard in Queens
This week, RXR announced two leases at the Standard Motor Products Building, 37-18 Northern Boulevard, in Long Island City. I Grace, a luxury homebuilder and services provider, renewed its 13,449-square-foot office at the property for five years, and will continue to occupy the SMP Building’s fifth floor. Additionally, luxury luggage company Rimowa will also stay at the property and […]
RXR, Korman Launch Leasing at White Plains Mixed-Use
RXR and Korman Communities have launched leasing at AVE Hamilton Green, a residential and mixed-use community located at the site of the former White Plains Mall. The project will be managed by Korman under its award-winning management brand AVE and will include two residential buildings. The master plan’s first residential building, 25 Cottage, will feature 170 luxury […]
