Scott Rechler’s RXR negotiated a modification on the largest loan in its portfolio — a deal that could serve as a model for borrowers struggling to refinance office properties. RXR modified the $1.2 ...
Midtown Manhattan-based RXR Realty recently defaulted on a $240 million mortgage for its prewar office tower at 61 Broadway. The real estate firm, which stopped making mortgage payments for the ...
RXR Realty is suing clothier Ralph Lauren for about $2.6 million in back rent at the Starrett-Lehigh Building, a dispute centered on the company’s plans to take additional office space on the fifth ...
RXR Realty is exploring the possibility of converting a portion of 5 Times Square into housing, Commercial Observer reported, citing anonymous sources. The 1.1M SF, 39-story office tower has been a ...
RXR Realty was prepared for the pandemic, but its insurers weren’t, and now it says it’s owed over $60 million. In a lawsuit filed in state Supreme Court this week, Scott Rechler’s RXR alleges seven ...
“Borrower is exploring a change in optimal use for a portion of the building, which could significantly impact value,” the commentary said. “An additional 90-day forbearance to allow further ...
Of the office tower’s 1.1 million square feet, 918,000 are set for conversion into a 1,250-unit multifamily community. Image courtesy of Yardi Matrix RXR Realty, Apollo Global Management and SL Green ...
LMI Leads RXR’s $250 Million Investment Grade Bond Financing NEW YORK, August 14, 2025--(BUSINESS WIRE)--RXR, an owner, operator, and developer of real estate, and Liberty Mutual Investments ("LMI"), ...
Scott Rechler leads RXR, a huge real estate developer on Long Island, in New York City, and far beyond. The CEO and chairman of RXR talked with us from his offices at 75 Rockefeller Plaza about ...
RXR Partners, the LLC that owns New York City real estate goliath RXR Realty, is suing a collection of insurance companies for tens of millions of dollars over policies that included infectious ...