Scott Rechler | The Real Deal New York

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Scott Rechler

Chairman and CEO
RXR Realty
1330 Avenue of the Americas
New York, NY 10019
212.797.1330
Website

Scott Rechler led the formation of RXR Realty at an auspicious time: 2007. The firm was born of the $6 billion sale of real estate investment trust Reckson Associates to SL Green. Rechler, an executive at Reckson, and two pension funds then took about 30 percent of Recksons portfolio private, seeding the ground for the new firm.

That firm then went on a buying spree. Some of RXRs most notable purchases coming out of the bust years of 2007 and 2008 included a $920 million deal for the Starrett-Lehigh Building on West 26th Street; 237 Park Avenue for about $800 million; and 340 Madison Avenue for roughly $570 million. In 2010 and 2011 alone, RXR invested more than $3 billion in Manhattan real estate.

RXRs portfolio now includes some 106 properties in the tri-state area covering more than 18 million square feet and with a gross value of about $5.5 billion. Rechler has been the architect of much of that growth. Before RXR, he was chairman and CEO of Reckson, leading much of its growth as well before the 2007 sale and spin off.

Aside from the private sector, Rechler has also been a member of the board of the Port Authority of New York and New Jersey, appointed in June 2011 by Gov. Andrew Cuomo. He has been vice-chairman since September of that year.

Rechler went to Clark University and earned a masters in real estate from New York University. He was born in 1967 and grew up on Long Island.  -TA


11/15/18
...to right: Stephen Ross, Richard LeFrak, William Rudin, Scott Rechler, MaryAnne Gilmartin, and Robert Blumenthal A lineup of New York real estate giants agree...

11/13/18
...to the rapidly growing demand for such services. Scott Rechler’s RXR Realty, which has invested in several co-working funding rounds, is also getting...

11/12/18
...be all taken in context.” RXR Realty’s Scott Rechler, a longtime partner of SL Green, said the only way the strategy could prove...

11/05/18
...to the rapidly growing demand for such services. Scott Rechler’s RXR Realty, which has invested in several co-working funding rounds, is also getting...

...be all taken in context.” RXR Realty’s Scott Rechler, a longtime partner of SL Green, said the only way the strategy could prove...

...to the rapidly growing demand for such services. Scott Rechler’s RXR Realty, which has invested in several co-working funding rounds, is also getting...

10/24/18
...Convene CEO Ryan Simonetti, and RXR Realty CEO Scott Rechler (Credit: Convene, Getty Images, and Twitter) An exclusive, invite-only club atop 75 Rockefeller Plaza is...

10/23/18
...moderated a panel discussion with RXR Realty CEO Scott Rechler, L&L MAG CEO MaryAnne Gilmartin and Silverstein Properties’ CEO Marty Burger. Discussing...

10/22/18
...plan Brett Yormark, CEO of BSE Global, and Scott Rechler, CEO of RXR Realty, for the first time laid out a time frame for...

10/22/18
...Brett Yormark, CEO of BSE Global, and Scott Rechler, CEO of RXR Realty, for the first time laid out a time frame for...

10/22/18
...From left: Laura Curren, Andrew Cuomo, and Scott Rechler with renderings of Nassau Coliseum (Credit: Getty Images and SHoP Architects) UPDATED, Oct. 22, 1:08 p...

10/19/18
...Properties), MaryAnne Gilmartin (L&L Mag) and Scott Rechler (RXR Realty). The panel will be moderated by CBRE's Mary Ann Tighe. Also on...

10/19/18
...RXR Realty CEO Scott Rechler and 32 Old Slip (Credit: Getty Images and RXR Realty) Law firm Cahill Gordon &...

10/15/18
...fund for new projects in the South Bronx. Scott Rechler’s RXR Realty plans to raise $500 million, mostly by tapping high-net-worth individuals. And Youngwoo...

10/03/18
...Goldman. In 2016, Extell struck a financing deal with Scott Rechler’s RXR Realty, which provided a $463.2 million mezzanine loan to finish construction at 555 10th...

...fund for new projects in the South Bronx. Scott Rechler’s RXR Realty plans to raise $500 million, mostly by tapping high-net-worth individuals. And Youngwoo...

09/17/18
...RXR Realty's Scott Rechler and the Starrett-Lehigh Building at 601 West 26th Street (Credit: Getty Images and Starrett-Lehigh) RXR...

09/13/18
...said. “You have a lot of generational holders.” Scott Rechler, CEO of RXR Realty, pointed to the increase in institutional buyers over the past...

09/11/18
...fund to invest in the South Bronx, and Scott Rechler’s RXR Realty plans to create a $500 million fund as well. Youngwoo & Associates...

...said. “You have a lot of generational holders.” Scott Rechler, CEO of RXR Realty, pointed to the increase in institutional buyers over the past...

08/31/18
...Gov. Andrew Cuomo donor and RXR Realty CEO Scott Rechler ($20,000). James, meanwhile, has raised just over $280,000 from about 80 real estate donors, making her the...

08/15/18
...A rendering of Downtown New Rochelle and Scott Rechler (Credit: RXR Realty and Getty Images) Scott Rechler's RXR Realty has a half-billion plan...

08/02/18
...backed by heavy hitters in real estate, including Scott Rechler’s RXR Realty, CBRE Group, Cushman & Wakefield, JLL Spark and PGIM, Prudential Financial...

08/02/18
...venture funds that are out there.” RXR’s Scott Rechler said he’s very aware of that reality, which is why he’s bringing...

...backed by heavy hitters in real estate, including Scott Rechler’s RXR Realty, CBRE Group, Cushman & Wakefield, JLL Spark and PGIM, Prudential Financial...
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...
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, 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, 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, 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 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, Real Estate Salesperson
625 RXR Plaza, Uniondale, NY, (516) 506-6000
...

12/29/16
...from left: Olayan Group's Hutham Olayan, RXR Realty's Scott Rechler, CalPERS' Marcie Frost, 550 Madison Avenue, 787 Seventh Avenue and 388-390 Greenwich Street Manhattan skyscrapers remain...