620 Avenue of the Americas is an architecturally significant landmark of remarkable character, home to leaders in fashion, design, media and technology. One of the premier anchors of Manhattan’s vibrant Chelsea sub-market, the Beaux-Arts style property features 700,000 square feet of Class-A commercial space with lofty ceiling heights up to 17 feet, large 100,000 square foot floor plates and expansive window lines. 620 Avenue of the Americas was constructed in 1896 and was designed to utilize monumental architectural expression to become the symbol of the “Cast Iron Era”. The property was originally built to the highest quality standard offering superior column layouts, floor load capacity, optimal window height and distinctive detail.
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.