RXR’s Capital Solutions Platform is leading a $500 million recapitalization of 55 Broad Street alongside Silverstein Properties and Metro Loft Management, backing one of the city’s most closely watched office-to-residential conversions.
The deal highlights RXR’s involvement in four large-scale office-to-residential projects in New York City, adding over 4,000 new residential units to a market where housing demand is at an all-time high.