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RXR Realty

625 RXR Plaza
Uniondale, NY 11556
(516) 506-6000
Website
RXR
RXR Realty

RXR is a New York City and tristate-area real estate operating company headquartered in Uniondale, Long Island. It was formed after Reckson Associates Real Estate was sold to SL Green for nearly $6 billion in 2007. At the time, the sale of Reckson was one of the biggest public real estate management buyouts in real estate investment trust history. The CEO and chairman of RXR is Scott Rechler, who also was the CEO and chairman of Reckson.

RXR has more than $6 billion in assets under management. Some of its biggest building purchases include 601 West 26th Street (Starrett Lehigh) for $920 million and 237 Park Avenue (Park Avenue Atrium) for $800.1 million. In 2010, RXR acquired 1330 Avenue of the Americas, a 525,825-square-foot office building in Midtown Manhattan, from well-known developer Harry B. Macklowe. Other RXR Realty assets include 75 Rockefeller Plaza, on which RXR has begun a complete renovation, and 340 Madison Avenue.

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09/20/16
...Park Avenue (credit: RXR Realty) Jot down this address for Nov. 9: 237 Park Avenue. The Canadian...

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09/19/16
They were once considered a panacea for troubled city neighborhoods, but Business Improvement Districts (BIDs) in New York City are now viewed with increasing cynicism....

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09/19/16
U.S. investment firms, some of which are referred to as shadow banks, are seeking $32 billion in commercial-property debt as traditional lenders shy away from...

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09/16/16
Shorewood Real Estate Group and Prodigy Network landed $105 million in construction financing for their mixed-use development at 17 John Street. Tags: 17 John Street,...

47-Hall
09/15/16
...JLL's Peter Riguardi and Scott Rechler of RXR Realty with 47 Hall Street in Brooklyn JLL is close to inking...

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09/07/16
The Metropolitan Transportation Authority may soon have the option to buy Grand Central Terminal, but the building’s air rights could stand in the way. Tags:...

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09/01/16
...also closed on a $300 million mezzanine loan from Scott Rechler's RXR Realty. That financing, which was contingent upon Extell securing the construction...

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08/22/16
(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on the...

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08/16/16
...a crucial mezzanine loan for three projects from fellow developer RXR Realty would be delayed. As part of the negotiations, RXR reduced...

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08/15/16
Kathy Braddock and Helen Arden From the August issue: Summer is traditionally moving time. For many New Yorkers, particularly families, that means leaving the city...

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08/15/16
(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on the...

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08/10/16
...Scott Rechler and 810 Fulton Street in Brooklyn Scott Rechler's RXR Realty, owner of prestige office properties like the Helmsley and Starrett-Lehigh...

Full reproduction rights granted to Monday Properties only.
08/03/16
...Hospital has finalized a lease to take 500,000 square feet at RXR Realty’s 237 Park Avenue. The length of the lease and the...

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08/01/16
From the back, from left to right: Steve Roth, Larry Silverstein, MaryAnne Gilmartin and Stephen Ross; the front, from left to right: Tucker Reed...

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07/29/16
UPDATED, 4:12 p.m., July 29: Gary Barnett’s Extell Development is close to securing a $600 million senior construction loan for One Manhattan Square, following a struggle that...

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07/28/16
Publisher and analytics company Reed Elsevier, which changed its name last year to RELX Group, is relocating its corporate headquarters to the Helmsley Building, where...

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07/22/16
The chairman of the Port Authority said his agency isn’t going back to the drawing board on its $10 billion plan to build a bus...

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07/21/16
...Rendering of Pier 57 (inset: Anthony Bourdain) Are SuperPier developers RXR Realty and Youngwoo & Associates sending celebrity chef Anthony Bourdain back...

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07/19/16
...most recent newcomers to the developer-lender arena include Kushner Companies, RXR Realty, Moinian Group and RFR Realty, which joined earlier incumbents such...

Untitled-2
07/18/16
Gov. Andrew Cuomo has raised a total of $3.99 million in the last six months, and developers continue to be among Gov. Andrew Cuomo’s biggest...

Untitled-1
07/14/16
A Brooklyn lease for the headquarters of the New York City Fire Department topped the list of the largest commercial deals inked in New York...

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07/14/16
Banks, faced with new regulations aimed at reining in risk, are pulling back from providing construction loans, so alternative lenders are stepping in to fill...

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07/12/16
At the year’s halfway mark, total dollar volume in the New York City investment sales market was down about 16 percent year-over-year, according to an...

620 Sixth Avenue (source: PropertyShark)
07/08/16
...Property-service union 32BJ SEIU bought four commercial condos from landlord RXR Realty at its Midtown South headquarters for $144 million. (more&hellip...

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06/28/16
Gary Barnett’s Extell Development sold a Midtown parking garage for $37.2 million, according to property records filed with the city Tuesday.  Tags: extell development ...
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RXR Realty, Executive vice president and investment manager
1330 Avenue of the Americas, New York, NY, 212.797.1330
Seth Pinsky specializes in finding new investment opportunities for RXR Realty, one of...
RXR Realty, Managing director and executive vice president
1330 Avenue of the Americas, New York, NY, (212) 797-1330
William Elder has been in since the ground floor on RXR Realtys growth...
RXR Realty, Executive vice president
625 RXR Plaza, Uniondale, NY, 516.506.6000
Kenneth W. Bauer runs leasing on Long Island for RXR Realty, one of...
RXR Realty, Executive vice president
1330 Avenue of the Americas, NY, 212.797.1330
Frank Adipietro is the top asset manager at RXR Realty, one of the...
RXR Realty, Co-COO and president
51 JFK Parkway, Short Hills, NJ, 973.313.3300
Todd Rechler runs the New Jersey holdings of RXR Realty, one of the...
RXR Realty, Chairman and CEO
1330 Avenue of the Americas, New York, NY, 212.797.1330
Scott Rechler led the formation of RXR Realty at an auspicious time: 2007....
RXR Realty, Senior executive vice president
1330 Avenue of the Americas, New York, NY, 212.797.1330
Frank Patafio is the go-to guy on acquisitions for RXR Realty, one of...
  • Event Sales
  • Address 620 Sixth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 243,000
  • Price $ 144,000,000
  • Price per foot $ 592.00
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 RXR Realty
  • Party 2 32BJ SEIU
notes
The commercial condos sold for $144 million.
  • Event Office Leasing
  • Address 75 Rockefeller Plaza
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 125,000
notes
The wealth management company signed a lease on the 2nd through 5th floors.
  • Event Office Leasing
  • Address 530 Fifth Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 21,000
notes
The financial firm renewed its lease for 10 years.
  • Event Office Leasing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 6,836
notes
The media company signed a lease.
  • Event Sales
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 787,000
  • Price $ 440,000,000
  • Price per foot $ 559.09
  • Publication Date 06/01/2016
  • Event Date 05/18/2016
  • Party 1 RXR Realty
  • Party 2 China Orient
notes
RXR Realty sold a 49% interest for $440 million.
  • Event Financing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 787,000
  • Price $ 290,000,000
notes
The company secured a $290 million loan which consists of a $240 million mortgage from Bank of China and $50 million in mezzanine financing from SL Green.
  • Event Office Leasing
  • Address 1285 Sixth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 900,000
notes
The Swiss bank renewed its lease.
  • Event Sales
  • Address 1285 Avenue of the Americas
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 1,800,000
  • Price $ 1,650,000,000
  • Price per foot $ 916.67
notes
The office building sold for $1.65 billion.
  • Event Financing
  • Address 1285 Sixth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 1,200,000,000
notes
The company secured a $1.3 billion loan.
  • Event Financing
  • Address 252 South Street
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Square feet 292,250
  • Price $ 463,000,000
notes
RXR provided the $473 million mezzanine loan at 7%, securing at the same time an equity stake that pays 50% of cash flow after hurdles are met.
  • Event Financing
  • Address Pier 57
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 560,000
  • Price $ 225,000,000
  • Publication Date 05/01/2016
  • Event Date 03/17/2016
  • Party 1 RXR Realty, Youngwoo & Associates
  • Party 2 PNC Bank
notes
The company secured a $225 million loan.
  • Event Sales
  • Address 47 Hall Street
  • Neighborhood Clinton Hill
  • Borough Brooklyn
  • Square feet 550,000
  • Price $ 161,000,000
  • Price per foot $ 292.73
notes
The property sold for $161 million is just south of the Brooklyn Navy Yard.
  • Event Financing
  • Address 47 Hall Street
  • Neighborhood Clinton Hill
  • Borough Brooklyn
  • Square feet 665,000
  • Price $ 162,000,000
notes
The company secured a $90 million acquisition loan.
  • Event Office Leasing
  • Address 1330 Avenue of the Americas
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 41,600
notes
The financial planner signed a lease.
  • Event Office Leasing
  • Address 1330 Avenue of the Americas
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 3,760
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 RXR Realty
  • Party 2 Servcorp
notes
The virtual office space provider signed a lease.
  • Event Office Leasing
  • Address Pier 57
  • Neighborhood Meatpacking District
  • Borough Manhattan
  • Square feet 250,000
  • Publication Date 02/01/2016
  • Event Date 12/23/2015
  • Party 1 Youngwoo & Associates, RXR Realty
  • Party 2 Google
notes
The search giant signed a 15-year lease.
  • Event Office Leasing
  • Address 237 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 270,000
  • Price per foot $ 80.00
notes
The marketing and communications firm signed a 10-year renewal lease.
  • Event Office Leasing
  • Address 601 West 36th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 60,000
notes
The clothing company signed a lease for additional 60,000 square feet at the Starrett-Lehigh Building.
  • Event Sales
  • Address 230 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 1,400,000
  • Price $ 1,200,000,000
  • Price per foot $ 857.14
notes
The Helmsley Building sold for $1.2 billion.
  • Event Financing
  • Address 32 Old Slip
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,161,400
  • Price $ 325,000,000
notes
The $325 million five-year loan was provided by GE Capital.
  • Event Sales
  • Address 32 Old Slip
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,200,000
  • Price $ 197,500,000
  • Price per foot $ 164.58
  • Publication Date 06/01/2015
  • Event Date 04/22/2015
  • Party 1 RXR Realty
  • Party 2 Melohn Properties
notes
Melohn Properties paid $197.5 million for an interest in the land underneath 32 Old Slip.
  • Event Financing
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 786,975
notes
A $200 million acquisition loan was provided for the office building.
  • Event Sales
  • Address 61 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 779,224
  • Price $ 330,000,000
  • Price per foot $ 423.50
notes
The property sold for $330 million. The building is 93 percent occupied. 33-story, 779,224 sf office bldg
  • Event Office Leasing
  • Address 601 West 26th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 19,000
  • Price per foot $ 60.00
notes
The sports apparel company signed a 10-year lease for part of the 15th floor, Crain's reported.
  • Event Office Leasing
  • Address 620 Sixth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 88,387
notes
The Internet advertising technology company signed a lease on the sixth floor. The tenant is relocating from 115 West 18th Street.
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One Worldwide Plaza is a 778-foot mixed-use office and residential skyscraper in Midtown,...
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