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Wang and Rechler donate $1 million to start charity
10/29/2007
As reported in Newsday 10/29/07
The partnership formed by Charles Wang and Scott Rechler is creating a new grant-making charity they call the Lighthouse Foundation, which they say will help fund community-building projects in the neighborhoods around the Coliseum area they hope to redevelop.
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Strength of Q3 Leasing Shows RXR Retains Leadership as Westchester’s Office ‘Landlord of Choice’
10/12/2007
Westchester portfolio records 113,000 SF of leasing transactions
White Plains, NY – October 12, 2007 – RXR Realty LLC (“RXR”), the leading real estate operating company in the New York Tri-State region, today announced 21 leasing transactions were signed throughout its world-class Westchester office portfolio over the Third Quarter. 113,000 square feet in leasing activity by new tenants as well as long-term, prominent business leaders was recorded at RXR’s exceptional Westchester corporate office parks, including Platinum Mile, Tarrytown Corporate Center, and 100 Grasslands Road in Elmsford.
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RXR Reports Healthy Leasing Activity in New Jersey During 2nd & 3rd Quarters
10/1/2007
-- Recent transactions total over 136,000 square feet of Class-A space --
SHORT HILLS, NJ – OCT. 1, 2007 -- RXR Realty LLC (“RXR”) reported a strong 2nd and 3rd quarter for new leases and renewals despite a challenging real estate marketplace. The company reports that leases and renewals for this period exceeded 136,000 square feet of Class A office space throughout the northern New Jersey market.
“RXR’s portfolio of Class A properties remains extremely desirable to prospective tenants throughout the state of New Jersey,” said Todd Rechler, Senior Executive Vice President and Managing Director, New Jersey Division and Managing Director RXR Construction and Development LLC. “RXR is committed to investing in New Jersey and to remaining the ‘landlord of choice’ in the state by providing first class working environments in the most strategic locations. Our strong recent performance reflects the flight to quality by Corporate America and we remain well positioned in this climate.”
The recent transactions were completed at eight of RXR’s signature properties, 51 JFK Parkway in Short Hills, 119 and 99 Cherry Hill Road in Parsippany, 3 University Place in Hackensack, 44 Whippany Road in Morristown, Executive Hill Office Park in West Orange, 72 Eagle Rock Avenue in East Hanover, and 400 Forge Way in Rockaway.
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RXR Hosts Top Real Estate Directors at State-of-the-Market Summit
9/19/2007
Event Held at RXR’s Newly Completed Class-A University Square, Princeton
SHORT HILLS, NJ, SEPT. 19, 2007 -- RXR Realty LLC (“RXR”) hosted an informational business gathering for the region’s top corporate real estate directors to discuss the state of the real estate market at a private preview of its University Square property in Princeton on Tuesday, September 18, 2007. The property was selected as a showcase for the Summit as representative of the finest “next generation” office property.
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RXR Reports LI Leasing Hits 386,000 SF in 2Q
8/2/2007
Uniondale, NY –RXR Realty LLC (“RXR”), today announced that Rivkin Radler, LLP, Long Island’s largest law firm and a RXR tenant at the property for over two decades, recently signed another long-term lease for its 80,000 square foot headquarters at RXR Plaza in Uniondale. The deal, which topped out 386,000 square feet of leasing transactions throughout RXR’s Long Island portfolio in the second quarter, sets itself apart as one of the largest Class A office leasing transactions in Long Island signed in 2007.
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