Chief Executive Officer and Chairman of RXR Realty LLC
Scott Rechler is the Chief Executive Officer and Chairman of RXR Realty LLC (“RXR”), a multibillion 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 $6.5 billion sale in 2007 generating a 715 percent total return to Reckson shareholders.
Since its formation in January 2007, Mr. Rechler has led RXR in becoming one of the New York Tri-State area's leading real estate companies, accumulating a portfolio with a gross value of approximately $5.5 billion comprised of 106 properties encompassing over 18.0 million square feet.
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 & New Jersey, and in September 2011, Mr. Rechler was named to serve as Vice Chairman of such Board. Mr. Rechler also serves as Chairman of the Port Authority’s Capital Planning Committee where he oversees the Port’s $30 billion capital budget including the World Trade Center redevelopment.
Mr. Rechler is actively involved with the Real Estate Roundtable, for which he is a member of the Board of Directors and Co-Chair of its Political Action Committee.
Mr. Rechler prides himself on enhancing the communities where RXR operates. As such, Mr. Rechler serves as a member of the Real Estate Board of New York, member of the Hofstra Honors College Advisory Committee, as well as the NYU Real Estate Institute Advisory Committee. In addition, Mr. Rechler serves as the Co-President of the Board of Trustees for Friends Academy and serves on the Board of many of the regions top cultural institutions such as the Tribeca Film Institute and the Long Island Children's Museum where he serves as its co-Chairman of the Board.
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.