A powerful collaboration to provide travelers access to iconic NYC locations, one-of-a-kind local experiences and authentically designed accommodations that blend the features of a luxury hotel with all the comforts of a home. RXR Realty, one of New York City’s largest real estate owners, investors, operators and developers, and Airbnb, the world’s largest community-driven hospitality company, announced an innovative partnership to convert portions of iconic NYC commercial properties into a new category of urban lodging, made available exclusively through the Airbnb plat [...]
As one of the largest owners and developers of real estate in the New York Region, we continue to fortify our best practices through our diligent review of operations, routinely identifying areas of improvement and greater efficiency. However, we view success beyond our individual contributions to each property and we view success beyond each property’s performance within our portfolio. We believe success is achieved as a Community. Community is our governing theme for this year’s report. Community is more than a strategic cluster of buildings or homes; and Community is achieved be [...]
The RXR platform manages 68 commercial real estate properties and investments with an aggregate gross asset value of approximately $18.8 billion, comprising approximately 30.4 million square feet of commercial properties, inclusive of approximately 6.0 million square feet of buildings securing debt and preferred equity investments, a multi-family residential portfolio of approximately 2,600 units under operation or development, and control of development rights for an additional approximately 3,700 multi-family and for sale units in the New York Metropolitan area as of March 31, 2019. 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.