NEW YORK CITY—It has been said that when times are good, while it's easy to simply bask in the glow, it's the ideal moment to focus on fixing what's in a state of disrepair. That maxim could be applied to New York City, RXR Realty chairman and CEO Scott Rechler said Tuesday in Midtown during a talk to the Association for a Better New York.
The city is currently riding a great wave but needs a number of improvements, he asserted. But Rechler's speech included a caveat—the issues plaguing New York City need to be fixed not with old methods but with innovative plans.
“New York is in a golden age,” he declared. “Both population and job growth are at record high levels, as is tourism. The best and the brightest want to live, work and play here.”
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
