RXR Friends and Family –
We have witnessed the massive devastation caused by the terrible storms raging across the south. Many of us have family, friends, and business relations impacted in those areas.
These storms reawaken our own memories of what we endured first-hand during Hurricanes Irene and Sandy – during which many of us suffered. Even with the suffering, we had the advantage of knowing that the New York Region was and is the most resilient region in the world and seeing how our entire region and country came together to proactively help in immediate and longer-term recovery.
In the spirit of returning favors and the RXR credo of “Doing Right and Doing Good”, we thought it appropriate to make it easier (and of more impact) for the RXR team to show their support for the people of Texas, Florida and the other areas impacted by the recent storms. To this end, we are announcing a program, pursuant to which RXR will match any contribution made by an RXR employee to the Red Cross General Relief Fund. If you would like to participate, please access the link below.
We thank you for your support and for doing your part to help our fellow Americans in their time of need.
CEO and Chairman, RXR Realty
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.