Search
 

Rechler: “We Need 21st Century Solutions”

NEW YORK CITY—Speaking to the Association for a Better New York, the chief RXR Realty executive described innovative ways for the city to repair its aging infrastructure—including the office stock—and the affordable housing crisis.

By Rayna Katz | Updated on May 13, 2015

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.