The last remaining property in RXR’s once sprawling Woodbury portfolio has sold for $23.5 million. TKF Burnside Real Estate, ...
RXR, SL Green and Apollo closed a recap for 5 Times Square, modifying its $1.3 billion loan, and infusing $200 million in ...
RXR and Hudson Bay Capital now each own a 50-50 stake in the building and their joint venture partnership was formed as part of the transaction. The joint-venture acquired their control of the ...
But now Scott Rechler’s RXR and Hudson Bay Capital have forged a joint partnership to acquire and recapitalize the 700,000-square-foot building in what they call a model for rescuing assets ...
RXR is holding on to its mixed-use building at 620 Sixth Ave. by selling the building into a 50-50 partnership between investment firm Hudson Bay Capital and RXR's Office Recovery Fund.
You might recall that this newsletter in August discussed Dennis Friedrich and Ric Clark’s request for tax breaks to subsidize their purchase of RXR’s office building at 1000 Woodbury Road in ...
The bankruptcies of two prominent tenants – WeWork and former retail giant, Bed, Bath, and Beyond – created a vacancy in over 50% of the building. Over the past two years, RXR executed over ...
For servicers, the idea of well-funded property owners being unable to pay off debt is no longer understandable.
An RXR representative declined to comment. The building on Eighth Avenue, just blocks from Times Square, is facing operating shortfalls after the lease for law firm Cravath, Swaine & Moore ...
On average, Manhattan asking rents are roughly $77 per foot, according to CBRE, but many basic office buildings are getting ... market,” added Bill Elder of RXR, a large property owner.
The Long Island Housing Coalition, a group of nonprofits, held a discussion about options for seniors on Tuesday.
The $670 million mortgage for the Helmsley Building at 230 Park Ave. expired in January and owner RXR Realty is trying to come up with a viable plan to partially convert the tower into apartments.