By Real Estate Weekly RXR Realty has completed a ground-up gut redevelopment of 75 Rockefeller Plaza. The landmark tower has been recreated into the most technologically advanced and efficient building within the historic Rockefeller Center district. RXR spent $150 million to reinvent every aspect of the tower, leaving only the building’s original limestone façade, which was cleaned to its original finish. Capital improvements include a reconfigured retail space, a modern lobby, multiple terraces; and new heating and cooling systems. 75 Rockefeller Plaza has 623,000 s/f of [...]
By Tanay Warerkar, Curbed New York A massive new rental building is set to rise on a former parking lot in Fort Greene, courtesy of RXR Realty, probably best known for their Pier 57 redevelopment project. The 12-story building will also mark the developer’s first residential project, Crain’s reports. Located at 810 Fulton Street, the building will include 363 apartments, about 20 percent of which will be affordable. The project came about after RXR purchased the lease on the property from development firm GFI Development for $28.7 million. The latter had already broken groun [...]
By Steve Cuozzo, NYPost Move over, Park Avenue — Sixth Avenue is the towering king of Manhattan commercial boulevards. The under-celebrated corridor is enjoying an office-leasing boom, with a surge of first-class new development, and the healthiest retail market in town. Big Six never got much respect. Apart from being home to Radio City Music Hall and for hosting Macy’s Thanksgiving Day Parade since 2012, its main claim to pop-culture fame (or infamy) was rock band The Wallflowers’ “Sixth Avenue Heartache,” an obscure 1996 tune about homeless people. For added insult, the vide [...]
The RXR platform manages 90 commercial real estate properties and investments with an aggregate gross asset value of approximately $15.7 billion as of December 31, 2016, comprising approximately 25.0 million square feet of commercial operating properties and approximately 3,200 multi-family and for sale units under active development in the New York Metropolitan area.