By Rayna Katz, GlobeSt.com
Former Forest City Ratner Cos. president and COO Joanne Minieri has joined RXR Realty as EVP, as well as COO of RXR Development Services and RXR Construction and Development, the developer’s construction-related affiliates.
A 34-year industry veteran here, Minieri most recently served four years as Suffolk County’s deputy county executive and commissioner of economic development and planning, a position that she left in July 2016.
There, her focus was on attracting and retaining business, promoting new industries, fostering transit-oriented development, managing land use, preserving open space and expanding affordable housing.
Prior to her work for Suffolk County, Minieri spent 17 years at FCRC, one of the largest developers in the metropolitan area. She was named FCRC’s EVP and COO in 1998 and then president and COO in 2007, a position she held for four years.
Under Minieri’s leadership, FCRC expanded and diversified its portfolio, developing retail centers, office buildings, hotels and residential projects. She also oversaw pre-development work on The Atlantic Yards project (now, Pacific Park). In addition, at FCRC, she oversaw all aspects of the company’s operations.
In Minieri’s new role, she will work with RXR’s development and construction team to complete a host of projects in RXR’s substantial pipeline. These include large-scale redevelopment projects at iconic New York City addresses such as 75 Rockefeller Plaza and Pier 57 in Manhattan; 47 Hall Street, located near the Navy Yard in Brooklyn; and ground-up, residential and mixed-use development projects in Brooklyn, Stamford, North Hills, Glen Cove, Yonkers and New Rochelle.
“We couldn’t be more excited to have Joanne at RXR,” says Scott Rechler, chairman and CEO of the company. “She brings to our team both a stellar reputation and a wealth of experience from both the private and public sectors.
He continues, “Joining us at a time when our development pipeline has grown to more than $3 billion, including nearly 3,000 residential units in or near production, Joanne has a background and set of skills that will ensure that we continue to execute on our business plans effectively.”
The RXR platform manages 71 commercial real estate properties and investments with an aggregate gross asset value of approximately $20.5 billion, comprising approximately 31.4 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 2,500 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 June 30, 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.