RXR Realty is moving its headquarters from 1330 Sixth Avenue to a 15,000-square-foot space at the newly-renovated 75 Rockefeller Plaza, which RXR controls through a ground lease.
William Elder, an executive vice president at RXR , told the Commercial Observer that the company was moving because of a “space crunch.” It’s currently leasing 9,000 square feet, or about half of the fifth floor at 1330 Sixth Avenue, a 40-story tower located between West 53rd and West 54th streets that it also owns.
The Scott Rechler-led firm is moving to the 14th floor of the 33-story 75 Rock, which is between West 51st and West 52nd streets. Asking rent for the space is between $113 and $119 a foot, Elder told CO. RXR is slated to move in by the end of this year or early next year.
Other future tenants at the 623,000-square-foot tower include Merrill Lynch, and retail tenant American Girl, which took 40,000 square feet of space on the ground and concourse levels