By Rebecca Baird-Remba, Commercial Observer RXR Realty has hired one new leasing executive and promoted a second to oversee its extensive office portfolio, the company told Commercial Observer The development and management firm has poached seasoned leasing pro Andrew Ackerman from Vornado Realty Trust, where he spent the last 10 years. He most recently served as Vornado’s vice president of leasing, overseeing the firm’s 6 million square feet of office space. Before Vornado, he spent three years as an office leasing broker at Cushman & Wakefield. He attended Ithaca College and earn [...]
By City & State Recognizing the 100 most powerful people on Long Island. Long Island isn’t short on political clout. The region has its share of high-profile New York power brokers, from Rep. Pete King to state Comptroller Thomas DiNapoli. The island long held outsized sway in the state Senate, with Republican leaders like Dean Skelos and John Flanagan controlling the upper house in recent years and upsets on the island paving the way for Democrats to seize control of the chamber in 2018. The elected executives of Nassau and Suffolk counties – hailing from different parties at ti [...]
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.