Crossing The Chasm Episode 38: New York at a Crossroads: Stability, Uncertainty, and the Road Ahead
Join hosts Charlie Harary and Scott Rechler in this timely episode of Crossing the Chasm as they unpack the uncertainty, tension, and energy surrounding New York’s recent mayoral election. With Mayor elect Mamdani stepping into office, emotions in the city range from excitement to concern, and Charlie turns to Scott to cut through the noise […]
RXR Continues Leasing Momentum at 75 Rockefeller Plaza with Two New Tenants
RXR has signed a pair of leases totaling 15,312 square feet at 75 Rockefeller Plaza. The larger of the two leases involved investment bank Univest Securities, which took 7,802 square feet on the 25th floor. Additionally, law firm Brownstein Hyatt Farber Schreck has signed a 7,510-square-foot lease on the 26th floor. “Heading into 2026, RXR […]
Rebuilding The Bronx: Maven offering luxury apartments in Mott Haven
RXR’s new luxury residential tower in Mott Haven overlooking the Harlem River is now accepting applications, offering sweeping skyline views and a slate of amenities rarely seen in the South Bronx. Maven, a 27-story building completed in 2023, features 200 units, including more than two dozen discounted apartments for residents earning up to 130% of […]
RXR Credit Solutions Provides $70.5 Million to Refinance Charlotte Multifamily Development
This week, RXR Credit Solutions announced that it provided a $70.5 million bridge loan for a 241‑unit in the Montford Park neighborhood just south of downtown Charlotte, North Carolina. The loan was provided to Taft Family Ventures’ to refinance their Adler Montford Park project. This transaction marks RXR’s first multifamily bridge loan in North Carolina, a move made […]
RXR Recognized on Commercial Observer’s 2025 Proptech Power List
Scott Rechler, RXR Chairman and CEO, Matt Boras, RXR Managing Director of Venture Capital Activities, and Andrew Min, RXR Senior Vice President of Strategy and Digital Initiatives were recognized on Commercial Observer’s 2025 Proptech Power List. This recognition underscores the ongoing work at RXR to integrate advanced technology into real estate operations. Connecting tools like ChatGPT […]
“No one is leaving New York City because of Mamdani,” says RXR’s Scott Rechler at CNBC’s Delivering Alpha Conference
Despite speculation that Mayor-elect Zohran Mamdani’s progressive platform would trigger an exodus of companies from New York City, RXR Chairman and CEO Scott Rechler says the opposite is happening. Speaking at CNBC’s Delivering Alpha conference, Rechler said, “In our business right now, we are seeing CEO after CEO committing to the city. We’re seeing a record level of leasing […]
Breaking Ground at Queensbridge Collective
RXR’s Credit Solutions platform has provided construction financing for Phase II of the Queensbridge Collective in Charlotte, North Carolina, closing a $112.9 million preferred equity investment alongside a $240 million senior loan. This next phase will feature a 43-story tower with 356,000 square feet of Class A office space and 350 residential units, further shaping South […]
Manhattan’s Office Sector Defies National Slowdown
Manhattan’s office sector continued to defy national trends. The nation’s largest office market also continues to lead in office investment volume, sale prices, and rents. Investor appetite in Manhattan surged, with a 111.9 percent year-over-year increase as the metro recorded $5.5 billion in sales, and properties trading at $530 per square foot—the highest average among […]
RXR Plaza Hosts 19th Annual CANstruction Long Island
RXR Plaza hosted the 19th Annual CANstruction Long Island design competition, bringing together 11 teams from the architecture, engineering, and construction community along with local students to build sculptures made entirely of non-perishable cans. Each structure supports the fight against hunger on Long Island, with all cans donated to The INN, Island Harvest, Long Island Cares, and the NEST […]
RXR Hosts Commercial Observer’s Top Young Professionals Reception
RXR hosted Commercial Observer’s Top Young Professionals reception at the Starrett-Lehigh Building, bringing together emerging leaders from across the real estate industry to celebrate achievement and foster connections. Held at one of RXR’s most iconic office destinations, the event highlighted RXR’s commitment to community-driven development and value creation across its portfolio and spotlighted remarks from Joseph V. Graziose, President of […]
A Spotlight on RXR’s Investment in Midtown Manhattan
RXR’s planned upgrades to 1211 Avenue of the Americas were highlighted in the New York Post this week. Following RXR’s acquisition of a 49% stake in the building in January, and the recently secured $1.45 billion recapitalization, 1211’s transformation will bring new, glass-fronted retail arcades and building amenities including a boardroom, flexible suites and lounges for business, entertaining and […]
NYC Office Leasing Hits 23-Year High, Fueling Sales
In Forbes, Shimon Shkury recently noted that top-tier Class A and Trophy office buildings made up 79% of the total office sales over the nine-month period, trading at an average of $819/SF, up 18% year over year and just 6% below the 2018 benchmark. Shkury cited RXR’s recent acquisition, in partnership with Elliott Investment Management, of […]
