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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.


47-hall-street-scott-rechler
12/02/16
...Hall Street (credit: RXR) and Scott Rechler RXR Realty and Westbrook Partners are moving forward with their plan to...

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11/29/16
...household names in commercial real estate, including SL Green Realty, RXR Realty, JLL, CBRE, Cushman & Wakefield, Two Trees Management and the...

810-Fulton-Street Scott Rechler
11/23/16
...Fulton Street and Scott Rechler RXR Realty is lining up $75 million in construction financing for its first...

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11/19/16
Spotify is reportedly in talks for space at One World Trade Center and Four World Trade Center. ...

rebny panel feature
11/10/16
...York event on Thursday, the conversation inevitably turned to, as RXR Realty...

245 park
11/09/16
As it considers the sale of its massive Putnam portfolio, Brookfield Property Partners has officially put another billion-dollar asset on the market: the 45-story office...

Minieri small
11/08/16
...City Ratner’s former President and COO Joanne Minieri joined RXR Realty, where she will lead the firm’s construction division. Most...

cashflow-feature
10/28/16
Deutsche Bank has been the most active lender this year on pricey Manhattan cash-flowing properties, a review by The Real Deal found. The German bank...

75Rock
10/14/16
...Rockefeller Plaza and Scott Rechler RXR Realty is moving its headquarters from 1330 Sixth Avenue to a 15,000-square-foot...

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10/06/16
It looks like Scott Rechler isn’t quite done with Port Authority of New York and New Jersey drama. Tags: Andrew Cuomo, george washington bridge, governor...

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10/05/16
Influential think tank Regional Plan Association and its incoming chair Scott Rechler are publicly arguing over Gov. Andrew Cuomo’s plans to redevelop Penn Station. In...

Illustration by Lexi Pilgrim for The Real Deal
10/05/16
...he scored a $300 million mezzanine loan from Scott Rechler’s RXR Realty and a $500 million construction loan from a consortium led by...

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09/28/16
As senior lenders continue to shrink their share of the capital stack, they are getting chummier with mezzanine lenders. ...

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09/23/16
Scott Rechler keeps the September 1990 issue of Time magazine in his office to remind himself “how bad things can be.” The cover story of...

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

1024px-New-York_-_Bryant_Park
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....

scott_rechler_closing copy
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...

2e06d05 FEATcopy
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:...

Extell OMS CPT
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...

roundup-feature
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...

2
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...

week-review-feat
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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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 Office Leasing
  • Address 237 Park Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 77,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 RXR Realty
  • Party 1 Brokerage RXR Realty
  • Party 1 Broker William Elder, Lauren Ferrentino
  • Party 2 Permanent Mission of Canada to the United Nations, Consulate General of Canada in New York
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker David Goldstein, Greg Taubin
notes
The Canadian consulate signed a 15-year lease on the 19th and 20th floors.
  • Event Office Leasing
  • Address 1330 Sixth Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 10,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 RXR Realty
  • Party 1 Broker Tara Stacom, Bruce Mosler, Mikael Nahmias, Peter Trivelas, Michael Biraldi, Heather Thomas, Cushman & Wakefield; Lauren Ferrentino, Alexandra Budd, RXR Realty
  • Party 2 fuboTV
  • Party 2 Brokerage CBRE
  • Party 2 Broker Keith Caggiano, Roshan Shah, Gary Davies
notes
The steaming service signed a 10-year lease.
  • Event Office Leasing
  • Address 32 Old Slip
  • Neighborhood Wall Street
  • Borough Manhattan
  • Square feet 9,200
  • Publication Date 10/01/2016
  • Event Date 08/15/2016
  • Party 1 Brokerage RXR Realty
  • Party 1 Broker Daniel Birney
  • Party 2 Taiwan Business Bank
notes
The bank signed a 10-year lease.
  • Event Office Leasing
  • Address 230 Park Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 45,000
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 RXR Realty
  • Party 1 Brokerage RXR Realty
  • Party 2 RELX Group
  • Party 2 Brokerage Newmark Grubb Knight Frank
  • Party 2 Broker Paul Ippilito, Seth Weinstein, Dina Deutsch
notes
The analytics company signed a lease in the the Helmsley building.
  • Event Office Leasing
  • Address 237 Park Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 500,000
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 RXR Realty
  • Party 2 New York-Presbyterian Hospital
notes
The hospital signed a lease for its administrative offices.
  • 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 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 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 Sixth Avenue
  • 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 Sixth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 41,600
notes
The financial planner signed a lease.
  • Event Office Leasing
  • Address 1330 Sixth Avenue
  • 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
[EMPTY]
  • Event Office Leasing
  • Address 601 West 36th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 60,000
  • Publication Date 08/01/2015
  • Event Date 06/22/2015
  • Party 1 RXR Realty
  • Party 1 Brokerage in-house
  • Party 2 Ralph Lauren
  • Party 2 Brokerage Savills Studley
notes
[EMPTY]
  • Event Financing
  • Address 32 Old Slip
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,161,400
  • Price $ 325,000,000
notes
[EMPTY]
  • 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
[EMPTY]
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