Regional News

FEATURED NEWS

620 Acquisition

RXR Acquires 620 Avenue of the Americas

RXR Realty, a leading real estate operating and investment company in the New York Tri-State area, is under contract to acquire a controlling interest in 620 Avenue of the Americas, a trophy 700,000-square-foot property located in the heart of Midtown's Chelsea submarket. Under the terms of the deal, an affiliate of...

READ MORE »

DENTSU

Dentsu McGarry Bowen Leases More Space at Starrett-Lehigh

RXR Realty (“RXR”), a leading real estate operating and investment company in the New York Tri-State area, has signed Dentsu McGarry Bowen LLC to a new lease that will expand the advertising firm’s space in RXR’s Starrett-Lehigh Building, located at 601 West 26th Street.

Dentsu McGarry Bowen will add approximately 47,000 square feet to the 110,000 square feet it currently leases in the iconic Starrett-Lehigh Building, one of Manhattan’s ten largest office buildings.  Built in 1932 and renovated in 2001, the 19-story, 2.3-million-square-foot building occupies the entire square block bounded by West 26th and West 27th Streets between 11th and 12th Avenues. RXR purchased the Starrett-Lehigh property in August 2011 and is in the midst of a $50 million renovation of the building, to further position it as one of Manhattan’s leading properties serving New York’s fast-growing “creative class” workforce. To accommodate Dentsu McGarry Bowen’s needs, RXR worked with the Harry Fox Agency, which was subleasing the 47,000-square-feet from Tommy Hilfiger USA.  HFA and Tommy Hilfiger were released from their leases and the space was then leased to Dentsu McGarry Bowen on a direct basis.  Tommy Hilfiger, which was still leasing approximately 230,000 feet of space at Starrett-Lehigh, then took an additional 21,000 square feet, to bring its total to more than 250,000 square feet. In the transaction, Dentsu McGarry Bowen...

READ MORE »

Developers Glen Cove

Developers Make New Strides In Glen Cove Plan

Newsday - May 4, 2011: The team behind Glen Cove's billion-dollar waterfront redevelopment has sliced the height of many of its proposed buildings, addressing a lingering community concern about a project nearly two decades in the making. RXR-Glen Isle Partners presented a revised conceptual site plan to the city planning board Tuesday, the first step in an approval process that could be completed this fall. City officials said the project's...

READ MORE »

Top Performing Brokers

RXR Recognizes Top 2011 NJ Brokers At Its Annual Year-End Gala

SHORT HILLS, N.J. (DEC. 9, 2011) – RXR Realty LLC (“RXR”), a leading real estate operating company in the New York Tri-State region, recently presented its prestigious “Broker of the Year” awards during its annual year-end gala event, held December 8 at the company’s premier headquarters facility, 51 JFK Parkway in Short Hills, N.J. Recognized as the most highly anticipated annual industry gathering in the region, RXR’s year-end gala serves...

READ MORE »