Plunging Office Values Alarm Washington
RXR Chairman and CEO, Scott Rechler, unpacked the impact of higher-for-longer interest rates on commercial real estate in a conversation with Politico. Rechler stated: ”This is different than 2008 – that this is not going to resolve itself in just, you know, prices and values re-inflating because of an injection of capital into the system… at […]
Crossing the Chasm Episode 14: Staying the Course: Intentionality in the Face of Disruption
Charlie and Scott dive into practical strategies for leaders to thrive in a world full of change and challenges. They explore how to develop strong plans, make informed decisions, and maintain focus on long-term goals. While highlighting the importance of clarity, adaptability, and resilience, they offer insight on cutting through the noise and leading with […]
Crossing the Chasm Episode 13: Patience in Policy: A Measured Approach to Economic Uncertainty
In this episode of “Crossing the Chasm”, Charlie and Scott explore the evolving economic landscape as we transition from summer to fall, focusing on the deliberate pace of policy decisions by the Federal Reserve. They delve into the implications of the Fed’s cautious approach, considering whether we’re witnessing a return to normalcy, an unwinding of […]
RXR Development Team Tops Out $650M Conversion of White Plains Mall
RXR, The Cappelli Organization, and Korman Communities joined with members of Westchester County and the City of White Plains to celebrate the topping out of AVE Hamilton Green, a $650-million mall-to-housing conversion project that transforms the former site of the White Plains Mall into a mixed-use residential development. Situated three blocks from the newly renovated […]
RXR Opens Two Clinton Park With Extensive Amenities
Last month RXR, the master developer behind the transformation of downtown New Rochelle, celebrated the grand opening of Two Clinton Park. It’s the newest New Rochelle property that boasts 390 state-of-the-art apartments and extensive amenities. RXR was selected to revitalize the downtown a decade ago in an effort to create a bright and expansive future […]
WABC Features Green Space on RXR’s Pier 57 Rooftop
William Elder, RXR EVP, Managing Director of New York City Division, walked ABC7 through the rooftop green space at RXR’s Pier 57 as part of ABC7’s segment on eco-friendly buildings. Pier 57’s two-and-a-half-acre rooftop green space is more than just pretty foliage and finely manicured lawns – the rooftop greenery insulates the building, absorbs rainwater during storms and […]
Commercial Observer: RXR Is Busy Filling Incomplete Capital Stacks
RXR Chairman and CEO, Scott Rechler, and RXR Executive Vice President, Investment Management Group, Russell Young, recently discussed RXR’s credit solutions platform with the Commercial Observer. The platform bridges the gap between traditional lending and equity partners, offering borrowers flexible, value-added solutions. The company’s approach to real estate debt investment is differentiated by its vertically integrated operating model, encompassing […]
RXR Tops Out 324-Unit Brooklyn Tower
RXR and Long Island University celebrated the topping out of 89 Dekalb, a multifamily property in downtown Brooklyn. The 30-story tower features 324-units as well as 55,000 square feet of academic space for LIU. This is the second partnership between RXR and LIU following the completion of The Willoughby, a 476-unit, 34-story tower nearby that also […]
RXR’s Two Clinton Park Opens In New Rochelle
RXR recently celebrated the grand opening of Two Clinton Park, a 28-story residential tower at 28 South Division Street in New Rochelle. Two Clinton Park brings to market 390 apartments that range from studio to three-bedroom layouts, in addition to nearly 24,000 square feet of amenity space and approximately 7,500 square feet of retail space. The […]
Crossing the Chasm Episode 12: Overcoming Paralysis in a World Without Answers
Charlie and Scott discuss strategies for thriving in an unpredictable world in this episode of Crossing the Chasm. Join us as we explore how to move forward without clear answers, avoiding paralysis by staying clear-eyed and open-minded. They discuss strategies on how to move forward without a clear path by staying clear-eyed and open-minded. By […]
Crossing the Chasm Episode 11: The Winners and Losers of a K-Shaped Economy
This episode of Crossing the Chasm dives into a mid-year reflection on the economic landscape. Scott and Charlie explore the predictions made at the start of the year versus what transpired. They discuss how the resilience of the economy brought a decline in inflation, but still leaves the looming question of whether inflation will turn […]
RXR and Georgica Green Ventures Open Highgarden Tower in New Rochelle
A ribbon-cutting ceremony was held to formally open Highgarden Tower, a 219-unit affordable housing apartment building at 11 Garden St. in New Rochelle. Highgarden Tower was developed by Georgica Green Ventures, LLC in collaboration with RXR, the master developer for New Rochelle’s downtown. The development includes 8,000 square feet of community incubator space contributed by the […]
