RXR Realty's Scott Rechler thanks the labor force working on Pier 57 for the extraordinary commitment and tireless dedication towards making the redevelopment of the historic structure a success. Follow @rxr_realty on Instagram and @scottrechler on Twitter. [...]
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 [...]
The RXR platform manages 81 commercial real estate properties and investments with an aggregate gross asset value of approximately $15.4 billion as of March 31, 2017, comprising approximately 23.0 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.