Scott Rechler’s RXR is buying 590 Madison Avenue for close to $1.1 billion — the most expensive office deal in New York in several years. Rechler’s company on Friday signed a letter of intent to buy ...
Elliott Investment Management is an equity partner in the acquisition. “This acquisition underscores RXR’s conviction in the strength of the Manhattan office market,” Rechler said in a statement.
Scott Rechler has taken one step closer to owning his coveted Madison Avenue trophy. Rechler’s RXR signed a hard contract for 590 Madison Avenue and put a $50 million deposit down on the Plaza ...
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