Scott Rechler is the Chief Executive Officer and Chairman of RXR Realty LLC (“RXR”), a multi-billion dollar private real estate company which was formed subsequent to the sale of Reckson Associates Realty Corp (“Reckson”) to SL Green in January 2007, one of the largest public Real Estate management buyouts in REIT history.
Mr. Rechler served as Chief Executive Officer and Chairman of the Board during Reckson’s dynamic growth throughout New York City, Long Island, New Jersey, Westchester and Connecticut. Mr. Rechler was the architect of Reckson’s $300 million IPO in 1995 and $6.0 billion sale in 2007 generating over 700% total return to Reckson shareholders.
Since its formation in January 2007, Mr. Rechler has led RXR in becoming one of the largest owners, managers, and developers in New York City and the surrounding region. The RXR platform manages 74 commercial real estate properties and investments with an aggregate gross asset value of approximately $17.7 billion, comprising approximately 23.7 million square feet of commercial operating properties and approximately 6,000 multi-family and for sale units in various stages of development in the New York Metropolitan area as of September 30, 2017, adjusted for transactions through October 18, 2017.
In June 2011, Mr. Rechler was appointed by New York Governor Andrew Cuomo to serve on the Board of Commissioners of the Port Authority of New York and New Jersey, and served on such Board until October 2016. During his Board tenure Mr. Rechler served as Vice Chairman of such Board, and as Chairman of the Port Authority’s Capital Planning Committee with responsibility for the Port’s $30 billion capital budget, including the World Trade Center redevelopment. In May 2013, Mr. Rechler was appointed to represent Governor Cuomo on the Board of The National September 11 Memorial & Museum at the World Trade Center Foundation, Inc. In June 2017, Mr. Rechler was appointed by Gov. Cuomo to serve on the Board of the Metropolitan Transportation Authority.
Mr. Rechler prides himself on enhancing the communities where RXR operates. As such, he serves as Chairman of the Regional Plan Association, is a member of the Real Estate Board of New York, a Board member of The Feinstein Institute for Medical Research, and a member of the NYU Real Estate Institute Advisory Committee. In addition, Mr. Rechler serves on the Board of many of the region’s top cultural institutions such as the Tribeca Film Institute where he serves as its co-Chairman of the Board, 9/11 Memorial & Museum Board of Directors, serving as Co-Chair of the Finance & Investment Committee, the Long Island Children’s Museum, and the Performing Arts Center at the World Trade Center. He also serves on the Board of Directors for the Drum Major Institute and as Chairman of the Center for Social Innovation.
Mr. Rechler is a graduate of Clark University. He also earned a Masters of Science degree in Real Estate at the New York University Schack Institute.
Dear Members and Applicants:
The next luncheon of the YM/WREA will be held on Tuesday, September 18th, 2018, at:
The University Club
One West 54th Street
College Hall (Main Floor)
The speaker will be:
Scott Rechler, Chief Executive Officer and Chairman, RXR Realty
The Invocation will be given by: Dennis Karr, YM/WREA Chairman 1986
The reception begins at 12:00 PM and the meeting will be called to order promptly at 12:30 PM.
Guest reservations will only be accepted from a member. Guest fees are $85.00 per person, payable by credit card, check or cash at the door. Guests must sign in at the reception tables.
Note that RSVPs will only be accepted thru our new website or the RSVP link above. Members and guests will need to login or register to RSVP.
As a courtesy to our speaker, please do not leave prior to the conclusion of the presentation, and silence all mobile phones for the luncheon’s duration.
If you have any questions or need assistance updating your membership information please contact me at 212.400.6097.
Secretary – YM/WREA of New York, Inc.
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