David Frank
Senior Executive Vice President And General Counsel
RXR Realty
Owner
75 Rockefeller Plaza New York, NY 10019
625 RXR Plaza Uniondale, NY 11556
RXR Realty NYC portfolio
$8.4 billion -office 69%, condo 19%, industrial 5%; Manhattan 81%, Brooklyn 13%, Queens 3%*
19th largest portfolio by dollar value
14,390,149 sqft – office 75%, condo 16%, D6 2%; Manhattan 84%, Brooklyn 14%, Bronx 1%
25th largest by SF
36 properties – Brooklyn 92%, Manhattan 6%
272th largest
2,234 residential units – Brooklyn 91%, Bronx 8%
152th largest by residential units
18 foreclosures, 0 bankruptcies, 26 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $1.1 billion
Seller signatory: 3 for $233.7 million
Borrower signatory: 8 for $3.4 billion
Developer (new building or major alteration): 1 for 0 square feet
Top Ten Associated Companies:
Morgan Stanley (7), AIG (3), Apollo Global Management (2), Bank of America (2), Athene Annuity And Life Company (1), Deutsche Pfandbriefbank (1), Alabama One Asset Management (1), MetLife (1), Aozora Bank (1), Sun Life Assurance Company of Canada (1)
Top Ten Associated People:
Jeffrey Horowitz (3), Jane Lam (3), Michael Medvin (2), Cynthia Eckes (2), Brandon Atkins (1), Mike Nassimi (1), Matin Hakimi (1), Sammy Hakimian (1), Saeed Stephen Hakakian (1), Alberto Azcon (1)
Recent activity as signatory:
• RXR Realty sold 244 Flushing Avenue for $121.3 million to Yitzchok Schwartz on April 28, 2026.
• RXR Realty borrowed $407.5 million from Morgan Stanley and Bank of America for None on February 12, 2026.
• RXR Realty borrowed $143 million from New York Life Insurance Company for 160 Front Street, DUMBO, Brooklyn on February 10, 2026.
• RXR Realty sold 37-18 Northern Boulevard for $42.8 million to Pearl Realty Management on September 16, 2025.
• State Teachers Retirement System of Ohio sold 25 East 56 Street for $1.1 billion to RXR Realty, Elliott Investment Management and Baupost Group on August 14, 2025.
• RXR Realty borrowed $650 million from Apollo Global Management for 25 East 56 Street on August 14, 2025.
• RXR Realty and Ivanhoe Cambridge borrowed $1 billion from Series 2015-1211 and Berkadia Commercial Mortgage for 1217 Avenue Of The Americas on August 14, 2025.
• RXR Realty ground leased 793 Atlantic Avenue valued at $69.6 million to Lincoln Property Company and Cross Ocean Partners on August 08, 2025.
• RXR Realty borrowed $70 million from Aareal Capital for 2411 3 Avenue on July 18, 2025.
• RXR Realty and Blackstone Group borrowed $900 million from Morgan Stanley, Deutsche Pfandbriefbank, Alabama One Asset Management, MetLife, Aozora Bank, Sun Life Assurance Company of Canada, Woori Bank and Blackstone Group for 259 11 Avenue on December 24, 2024.
Latest Stories:
• Yitzchok Schwartz pays $121.3M to RXR Realty in Clinton Hill, plans 974 units (May 07, 2026)
• RXR Realty signs $143M refi with New York Life for 320-unit rental in DUMBO (February 19, 2026)
• Jack Guttman’s Pearl Realty pays $42.8M to RXR for LIC office (September 25, 2025)
• RXR, Ivanhoe sign $1.03B refi for 1211 A of A in Midtown West (September 03, 2025)
• RXR, Elliott, Baupost pay $1.08B for 590 Madison in Midtown East (August 19, 2025)
• RXR signs $70M refi with Aareal for 200-unit rental in Mott Haven (July 29, 2025)