Ritz-Carlton Residences hit ‘halftime’ (The Island Now)

The four bedrooms in Karen Rosen’s Centre Island home are decorated with antique furniture and animal-skin rugs. A spiral staircase leads from the third-floor master bedroom suite to a cupola overlooking Oyster Bay. Rosen turned one second-floor bedroom into a home office, with a modern desk and a cabinet made from wood screens inherited from her mother. But the 69-year-old interior designer said she never uses it. She works at her kitchen table, with coffee nearby and fabric samples strewn across a billiards table in the adjacent living room. Those are the only three rooms in which she and her husband, Tom, spend time. And as they [...]

RXR Realty’s operating platform manages 87 commercial real estate properties and investments comprising 23.1 million square feet with an aggregate gross asset value of approximately $12.7 billion as of December 31, 2015. In addition, RXR has a residential development pipeline of approximately 3,000 residential and for sale units in the New York metropolitan area.