RXR moving HQ to 75 Rock

RXR Realty is moving its headquarters from 1330 Sixth Avenue to a 15,000-square-foot space at the newly-renovated 75 Rockefeller Plaza, which RXR controls through a ground lease. William Elder, an executive vice president at RXR, told the Commercial Observer that the company was moving because of a “space crunch.” It’s currently leasing 9,000 square feet, […]

Extell further delays closing $463M in RXR financing

Extell Development has once again delayed its closing of $463 million in mezzanine financing from RXR Realty for One Manhattan Square and two other New York City projects. After the developer reported Sunday to the Tel Aviv Stock Exchange that it will fail to meet its already extended deadline of June 30, Israeli bonds backed by Extell’s U.S. […]

Merrill Lynch takes 125K sf at 75 Rockefeller Plaza

Merrill Lynch Wealth Management is trading its Fifth Avenue digs for four floors at RXR Realty’s newly-renovated 75 Rockefeller Plaza. The investment company signed a lease for 125,000 square feet on the second through fifth floors of the 623,000-square-foot building, Commercial Observer reported. Since 1998, Merrill Lynch has roughly the same amount of space 717 […]