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


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...

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

07/30/18
...million within 24 months. The $105 million mezzanine loan form Scott Rechler...

06/29/18
...fund aims to raise $50 million (pictured: RXR CEO Scott Rechler credit: Getty Images). Listings giant Zillow plans to file for a $650M public offering...

06/27/18
...Scott Rechler (Credit: Getty Images) RXR Realty is raising a $50 million fund to invest in real...

06/27/18
...Jed Walentas, William Mack, Joseph Simone, Frederick Elghanayan, Scott Rechler, John Catsimatidis, Jeff Gural, landlord SL Green Realty and Washington lobbying group the Real...

06/22/18
...Brothers, Marc Holliday of SL Green Reatly and Scott Rechler of RXR Realty will all speak at the event. To search for future industry...

06/12/18
...RXR Realty's Scott Rechler, Walton Street Capital's Jeffrey Quicksilver and 237 Park Avenue (Credit: RXR and Walton Street) As...

04/25/18
...Scott Rechler and 32 Old Slip Cahill Gordon & Reindel is in late-stage talks to relocate its...

04/17/18
...been involved in some of these headline-grabbing deals. Scott Rechler Scott Rechler CEO and chairman, RXR Realty It never seemed realistic that New York...

04/05/18
...Scott Rechler and a rendering of the redevelopment of 550 Madison Avenue (Credit: DBOX) RXR Realty has...

...been involved in some of these headline-grabbing deals. Scott Rechler Scott Rechler CEO and chairman, RXR Realty It never seemed realistic that New York...

03/27/18
...has experience working on public-private partnerships. RXR CEO Scott Rechler formerly served as vice chairman of the Port Authority. He's now on the Metropolitan...

03/20/18
...Avenue and David Thomas of LBA Realty and Scott Rechler of RXR (Credit: Google Maps and LinkedIn) It turns out that RXR Realty partnered...

03/17/18
...New York from RXR Realty CEO and chairman Scott Rechler who spoke against it in January, as The Real Deal reported. “I think this...

03/12/18
...Plainview-based company (and brother of RXR Realty CEO Scott Rechler). He said Rechler — which placed sixth in TRD’s ranking — is designing apartments for...

...Plainview-based company (and brother of RXR Realty CEO Scott Rechler). He said Rechler — which placed sixth in TRD’s ranking — is designing apartments for...

02/25/18
...Holding's Aby Rosen, Gov. Andrew Cuomo, RXR Realty's Scott Rechler. (Credit: TRD, Pat Arnow, Getty Images, Pixabay) An investigation by the New York Times...

02/23/18
...Scott Rechler and 450 Lexington Avenue (Credit: RXR) Financial services firm StepStone Group signed a lease for...

02/23/18
...neighborhoods. After the Chelsea market transaction, RXR's CEO Scott Rechler told the New York Times that the modern tech industry is going through a...

02/01/18
...the State of the Union, RXR Realty chairman Scott Rechler said there's no way to pay for it. “It’s not a reality," Rechler...

01/31/18
...left: Mitch Roschelle, Jimmy Kuhn, Greta Guggenheim and Scott Rechler at the Times Center (Credit: Will Parker fior The Real Deal) On the morning...
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...
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