RXR is a privately held real estate investment manager, operator, developer, and fund manager headquartered in New York. Founded in 2007 by Scott Rechler following the acquisition of Reckson Associates by SL Green Realty, the firm has evolved into a vertically integrated platform with operations spanning investment management, construction, development, property management, and leasing. The company maintains dual headquarters at 75 Rockefeller Plaza in Manhattan and 625 RXR Plaza in Uniondale, New York. As of September 30, 2025, RXR manages a portfolio of 108 properties totaling 30.9 million square feet with a gross asset value of $16.4 billion and 9,400 multifamily units. The firm employs approximately 450 people across its platform. RXR's investment strategy encompasses office, multifamily residential, infrastructure, and logistics properties, with initial concentration in the New York metropolitan area and ongoing expansion into markets including Dallas, Denver, Phoenix, Raleigh, and Tampa. The firm has pursued office-to-residential conversions and multifamily development as part of its portfolio optimization strategy. In 2022, RXR announced a $2 billion investment in multifamily residential developments as part of a national expansion plan. The company operates as a preferred partner for investors, counterparties, lenders, and borrowers through its diverse capabilities across the real estate investment lifecycle.
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