RXR is a real estate investment manager, operator, developer, and place-maker. The company operates across multiple sectors and geographical locations, acting as an owner, operator, and investor in real estate projects.

Starrett-Lehigh

RXR an innovative investor, developer and place-maker committed to applying a customer and community-centered approach to building properties, services, and products that create enduring value for all stakeholders. Headquartered in New York with a national platform strategy, RXR is a 500+ person, vertically integrated operating and development company with expertise in a wide array of value creation activities, including ground up real estate, infrastructure, and industrial development, uncovering value in underperforming properties, repurposing well-located iconic properties, incorporating cutting edge technologies and value-added lending. The RXR platform manages 84 commercial real estate properties and investments with an aggregate gross asset value of $22.4 billion, comprising approximately 30.3 million square feet of commercial properties, a multi-family residential portfolio of approximately 6,900 units under operation or development, and control of development rights for an additional approximately 2,900 multi-family and for-sale units.

Join keynote speaker Scott Rechler, CEO & Chairman of RXR, at our Fall State of Office Forum on November 13 in NYC. Don't miss the chance to hear from some of the city’s largest commercial owners, tenants, and innovators as they offer an authoritative outlook on the state of the office market. 

Register now to secure your early bird rate: https://lnkd.in/egjv_jgS

#RealEstate #CommercialRealEstate

Happy #NationalInternDay! This year, RXR's summer intern program has been full of programming including departmental workshops and property tours, including a very special session with RXR's Chairman and CEO Scott Rechler.

On Wednesday, July 24, real estate owner, operator and developer RXR hosted a ribbon-cutting ceremony to celebrate the opening of Two Clinton Park, its newest and most luxurious residential tower in downtown New Rochelle. 

Located at 50 Clinton Place, Two Clinton Park offers 390 apartments, ranging from studios to three-bedroom penthouses. The tower has nearly 24,000 square feet of amenities and more than 7,500 square feet of retail space, with views of the Long Island Sound, spacious layouts and high-end finishes.  

Among those who attended the opening were Joe Graziose, executive vice president of development services, RXR ; Yadira Ramos-Herbert, New Rochelle mayor ; Wilfredo Melendez, acting city manager ; Adam Salgado, development commissioner ; Paul Vacca, commissioner of buildings ; Jorge Ventura, deputy commissioner of development ; and members of the city council.  

To schedule a private tour of our world-class apartment community, contact :

Twoclintonpark@greystar.com or (866) 863-6942

RXR #leadingtheway

Joseph Graziose Whitney Arcaro Kim Sarrantonio Marie Colaianni Yelle Belle Frank Pusinelli Naldelina Rosario Elvira Arias Alyssa Pecorella Yadira Ramos-Herbert

Kushner has landed a massive $295 million construction loan from Apollo and RXR to fund the second phase of its 1 Journal Square project in Jersey City, N.J. Meridian Capital Group's Ronald Levine and AJ Bruno were the debt brokers on the deal.

Read more: https://lnkd.in/eRGAnq_4

#CommercialRealEstate #RealEstate

We had an amazing July 4th celebration at Starrett-Lehigh. A party at Olly Olly Market was capped off with the iconic Macy's fireworks show lighting up Manhattan’s west side! Nothing beats the Hudson River views from Starrett-Lehigh. Big thanks to WNDR Creative for capturing the magic!

I recently joined Alix Steel and Paul Sweeney on Bloomberg Intelligence to discuss the current state of commercial real estate.

In this segment, I share my perspective on the industry’s journey through what I call the “five stages of grief.” We’ve now reached the stage of acceptance: interest rates aren’t dropping, and values will not be bouncing back. The industry faces a day of reckoning, presenting both challenges and opportunities.

At RXR, we believe the best time to start investing is before the “all clear” signal is given. We are on the cusp of a once-in-a-generation investment environment. However, this isn’t the moment for large macro bets; it’s a time to be very strategic and selective—in other words, a “stock picker’s” market. Success in such markets isn’t just about having capital—it’s about having the expertise and capabilities to navigate complexities and create value.

It’s times like these when RXR thrives!

COM:RXR

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