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 ...
Scott Rechler’s RXR has scored a big win at one of its biggest assets. RXR has secured a three-year extension for its $1.04 billion commercial mortgage-backed securities (CMBS) loan at 1211 Avenue of ...
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 ...
CLINTON HILL — Real estate firm RXR has sold the ground lease at 487 Clermont Ave. in Brooklyn for $69.6 million, records show. The property, also known as 470 Vanderbilt Ave., was acquired by 470 ...
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