The Real Deal New York

Posts Tagged ‘rxr realty’

  • SuperPier

    Rendering of Pier 57 on the Hudson River (credit: SuperPier) (inset: Sergey Brin and Larry Page)

    Google is set to expand its Manhattan presence after signing a letter of intent to take roughly 250,000 square feet at Pier 57 on the Hudson River. [more]

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  • Scott Rechler and the Helmsley Building at 230 Park Avenue

    Scott Rechler and the Helmsley Building at 230 Park Avenue

    RXR Realty has financed its purchase of the Helmsley Building at 230 Park Avenue by closing a $785 million acquisition loan from American International Group.

    Meridian Capital Group negotiated the seven-year loan, which will fund Long Island-based RXR’s acquisition of the landmark office tower located just north of Grand Central Terminal. [more]

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  • From left: RXR's Scott Rechler and 75 Rockefeller Plaza

    From left: RXR’s Scott Rechler and 75 Rockefeller Plaza

    Bank of America has inked a lease for 200,000 square feet at RXR Realty’s 75 Rockefeller Plaza.

    Scott Rechler’s company is renovating the 33-story tower for roughly $140 million, the New York Post reported. RXR bought a 99-year lease on the building from Mohamed Al Fayed in 2014. [more]

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  • Scott Rechler Helmsley Building

    Scott Rechler and the Helmsley Building at 230 Park Avenue in Midtown

    RXR Realty has acquired the Helmsley Building at 230 Park Avenue for $1.2 billion in one of the biggest investment sales of the year. [more]

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  • Harlem development

    From left: Seth Pinsky, rendering of 426-458 West 126th Street in Harlem and Robert Shapiro

    Emerging markets like Northern Manhattan are offering real estate investors “huge potential for growth,” though such growth is dependent on continued investments in transportation and infrastructure, market players said at a Midtown panel discussion Thursday. [more]

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  • 470 Vanderbilt Avenue

    Scott Rechler and 470 Vanderbilt Avenue in Brooklyn

    Office tenant demand in Brooklyn and Queens has increasingly made speculative commercial development in the outer boroughs an option for developers, according to JLL. [more]

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  • From left: 32 Old Slip and Scott Rechler

    From left: 32 Old Slip and Scott Rechler

    UPDATED, 3:58 p.m., April 28: Melohn Properties paid $197.5 million for an interest in the land underneath 32 Old Slip, a Downtown office tower with 1.2 million square feet of space, according to property records filed with the city Tuesday. [more]

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  • From left: A rendering of the SuperPier and a Bud Light-branded cruise ship/hotel

    From left: A rendering of the SuperPier and a Bud Light-branded cruise ship/hotel

    The New York-New Jersey Super Bowl had an ocean-liner hotel, so why shouldn’t the SuperPier? [more]

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  • blackstone-rxr

    From left: Scott Rechler, 601 West 26th Street, 340 Madison Avenue and Jonathan Gray

    Scott Rechler’s RXR Realty is in contract to sell a 50 percent stake in six New York-area office buildings to private equity giant the Blackstone Group.  [more]

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  • From left: 230 Park Avenue and Scott Rechler

    From left: 230 Park Avenue and Scott Rechler

    Scott Rechler’s RXR Realty is close to acquiring Invesco’s 230 Park Avenue for $1 billion. [more]

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  • From left: 32 Old Slip in Downtown Manhattan and Scott Rechler

    From left: 32 Old Slip in Downtown Manhattan and Scott Rechler

    RXR Realty is slated to buy a Downtown commercial building from Beacon Capital Partners for $675 million. [more]

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  • brookfield

    From left: Philip Wharton, Scott Rechler and Manhattan West rendering

    Philip Wharton, a Brookfield Office Properties executive who oversaw its Manhattan West project, has joined Scott Rechler’s RXR Realty. [more]

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  • From left: Scott Rechler, Pier 57 rendering and Young Woo

    From left: Scott Rechler, Pier 57 rendering and Young Woo

    Scott Rechler’s RXR Realty has entered a joint venture with Youngwoo & Associates to operate offices at Pier 57, the West Side development originally conceived as a shopping complex dubbed SuperPier. [more]

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  • From left: Mitchell and Gregg Rechler

    From left: Mitchell and Gregg Rechler

    Gregg Rechler and Mitchell Rechler, of the prominent Long Island real estate family, are now focusing on upscale multi-family rental housing for Long Island residents.

    The cousins, usually involved with commercial deals, have formed a new brand: Greybarn. Greybarn’s first project, according to the Wall Street Journal, will be a 500-unit luxury development with 45,000 square feet of retail space in Amityville, N.Y. [more]

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  • From left: Scott Rechler and 75 Rockefeller Plaza

    From left: Scott Rechler and 75 Rockefeller Plaza

    Scott Rechler of RXR Realty has roughly a century to prove naysayers wrong. [more]

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  • Clark-245-1251-ESB-Malkin

    From left: Ric Clark, 245 Park Avenue (Credit: CoStar), 1251 Sixth Avenue, Empire State Building and Anthony Malkin

    The sales pricing per square foot for Manhattan office buildings has been surging over the past several years. A look at revenue growth for class A office towers, however, reveals a far different picture. [more]

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  • From left: Young Woo, Pier 57 and Scott Rechler

    From left: Young Woo, Pier 57 and Scott Rechler

    Developer Young Woo is reportedly enlisting some help to bring a $200 million waterfront project dubbed the SuperPier to fruition. [more]

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  • bjarke

    Bjarke Ingels and 61 Broadway

    Danish architect Bjarke Ingels is relocating his firm BIG, also known as Bjarke Ingels Group, to RXR Realty’s 61 Broadway from its current offices at the Starrett-Lehigh Building.

    The Denmark-based firm plans to leave Starrett-Lehigh, also owned by RXR, in January. It will occupy 22,000 square feet at the 786,000-square-foot office building in the Financial District. [more]

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  • muppets

    From left: The Muppets, 37-18 Northern Boulevard in Queens and Scott Rechler

    Scott Rechler’s RXR Realty paid $110 million for a 315,000-square-foot warehouse-like building in Long Island City that is home to Muppet empire the Jim Henson Company. [more]

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  • From left: Joe Sitt, 530 Fifth Avenue and Scott Rechler

    From left: Joe Sitt, 530 Fifth Avenue and Scott Rechler

    UPDATED, 5:45 a.m., June 20: Thor Equities just added some prime Fifth Avenue retail and office space to its portfolio. [more]

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