Scott Rechler on Commercial Real Estate’s Moment of Reckoning
In a recent appearance on Bloomberg Radio, RXR Chairman and CEO Scott Rechler shared his perspective on the commercial real estate industry’s journey through what he refers to as the “five stages of grief.” Rechler discussed how the industry has reached the stage of acceptance: interest rates aren’t dropping, and values will not bounce back. The industry […]
Why Renters May Be Surprised by Mott Haven’s New Developments
Mott Haven leads New York City in production of new housing units as result of two rezonings. RXR’s Maven, a new 27-story tower at 2413 Third Avenue, was highlighted as one of the leading new developments. Jarrod Whitaker, Senior Vice President of RXR Residential Services, said that over the past decade “there’s been a focus on putting in quality […]
RXR’s Public-Private Partnership is Transformative for Downtown New Rochelle
Speaking at a panel sponsored by Bisnow, New Rochelle Mayor Yadira Ramos-Herbert said that real estate development has been fundamental to the growth of downtown New Rochelle. “Our partnership with RXR, through the master development plan, has really been transformative in bringing high-end apartments but also affordable housing to the heart of the downtown,” she said. “That […]
RXR to Break Ground this Fall on $3 Billion Masterplan in Apex, NC
RXR will break ground soon on a $3 billion mixed-use development, Veridea, in Apex, North Carolina. Site and infrastructure work is expected to begin this fall, with plans to go vertical with the first buildings in early 2025. When complete, the new Veridea development will have 8,000 residential units, 35 million square feet of retail, hospitality, and […]
RXR Sponsors 9/11 Memorial & Museum Annual 5K Run/Walk
For the 11th consecutive year, Team RXR sponsored the annual 9/11 Memorial & Museum 5K in Lower Manhattan.
City Winery Expands at RXR’s Pier 57
City Winery adds to RXR’s Pier 57’s ‘culinary diversity’ with a new Mediterranean restaurant, rooftop, sushi and tequila bar. NY Post Article →
RXR and OneIM Form JV to Invest in Rental Housing in Growing Markets
RXR and One Investment Management announced a $500M venture to help finance US rental housing focused on gateway cities and places in the US Sunbelt. In an interview with Bloomberg, RXR’s Chairman and CEO, Scott Rechler explains, “You have good assets that have capital structures that are stressed right now because of the change in rates or the […]
Crossing the Chasm Episode 10: Capitalizing on Opportunities Amidst Uncertainty
In this episode, Scott and Charlie consider the importance of embracing anxiety as a catalyst for change. Rather than succumbing to complacency, they encourage companies to confront fears head-on, emphasizing the significance of attacking, confronting, and addressing anxiety. Through strategic approaches, they discuss how to harness anxiety as an opportunity for growth in a company. […]
Crossing the Chasm Episode 9: Discipline in Turbulent Times
In this episode, Scott and Charlie dive into the realities of accepting and recalibrating to the ever-changing real estate world. As they discuss the implications of normalized interest rates and the importance of disciplined decision-making, they encourage leaders to keep an “eyes-wide open” approach when faced with uncertainty. Listen to Crossing the Chasm →
The Plan: RXR’s Rechler on finding investment opportunities
In a recent podcast appearance on CBRE’s ‘The Weekly Take,’ RXR Chairman and CEO, Scott Rechler, engaged in a deep discussion about the future of cities, leveraging AI in decision-making, office-to-multifamily conversions, and more. Rechler also highlighted how commercial real estate investors can find opportunities in a higher-cost environment. Podcast Link →
Building Better Communities: An Interview with Todd Rechler
RXR’s Chief Construction and Development Officer, Todd Rechler, was featured in the April edition of LEADERS Magazine. In his interview, Todd highlighted what sets RXR apart from its competitors. “Our philosophy is the same inside and outside of the office. We build better communities. This holds true in all of our projects. Our commercial spaces […]
RXR Receives ENERGY STAR Partner of the Year Award
RXR has earned the US Environmental Protection Agency (EPA) ENERGY STAR Partner of the Year Award. LinkedIn Post →
