Recent News

Spaces Coworking Company, Hunt Real Estate’s Lending Arm Grow at Helmsley Building

By Rebecca Baird-Remba, Commercial Observer RXR Realty has inked 108,000 square feet of new leases in the Helmsley Buildingat 230 Park Avenue in Midtown East, including a major expansion for coworking operator Spaces. Spaces, which is owned by IWG plc (formerly Regus), signed a 15-year lease to grow its presence by 53,000 square feet on the second and fif [...]

The RXR platform manages 69 commercial real estate properties and investments with an aggregate gross asset value of approximately $18.1 billion, comprising approximately 24.6 million square feet of commercial properties, inclusive of a multi-family residential portfolio of approximately 2,600 units under operation or development, and control of development rights for an additional approximately 3,600 multi-family and for sale units in the New York Metropolitan area. Gross asset value compiled by RXR Realty in accordance with company fair value measurement policy and is comprised of capital invested by RXR and its partners, as well as leverage.