News
RXR CEO Named One of NY Observer’s Power 100
July 27, 2011
#19. Scott Rechler, Chairman and CEO of RXR Realty
Formed shortly after the sale of Reckson Associates to SL Green in 2006, RXR and its chief executive, Mr. Rechler, sat on the sidelines throughout the darkest days of the economic collapse—in part because of a non-compete agreement with SL Green. Now back in action since 2009, the company has amassed some $4 billion in assets and about 11 million square feet of property. Most recently, the group bought into a partnership interest at 340 Madison Avenue and took 1330 Avenue of the Americas.