The New York City Developer of the city of New York, Scott Rechler, has the mission of remodeling the future of Manhattan, and the horizon.
As CEO of RXR, Rechler has $ 17 billion in properties under its administration, but also finds time to take advantage of the MTA Board and the Board of Directors of the Bank of the Federal Reserve of New York, which gives it a deeper understanding of the infrastructure of the city and its challenges that in almost any other person in Manhattan.
A New Yorker of a lifetime born in Long Island, Recomer’s optimism for the city’s potential is attenuated by the realism that success in the city is never guaranteed.
“New York … has been demonstrating that it can rebuke bigger and stronger, but it is not something that is anticipated and it is something that we cannot take for granted,” he told me.
You think recent now, more than ever, we need to invest in the creation of something that lasts, so it plans to build the last skyscraper in 175 Park Avenue, which states that it will be the highest building per busy floor.
Technically, One World Trade Center is a higher butler that it is the 408 feet needle of that building, which makes it 1,776 feet.
Leaving aside, the project will create a completely new horizon in Manhattan by 2030, when Rechler expects the project to be complete.
The recent raffles parallel to the Trump transformation of the Comodoro Hotel in ruins in the duration of Grand Hyatt, a gloomy chapter in the history of New York in the 80s, which is adjacent to where the project itself will be.
“The city was coming out of a really difficult moment … and that Comodoro hotel, which was a public-private association … actually raised the city.
“We will have the opportunity to meet what was your [Trump’s] Dream original, which is a much higher building on that site, “he adds.
But Rechler clarifies that his project is more than height.
“As you reinvest and want to reinvent places like New York, you have … to build things that are the best that can be, things that will catch people’s imagination.”
“You can imagine people … feel energized and proud to walk in that building.”
This seems to align with Trump’s own vision, which was established in a recent executive order that declared: “Federal public buildings must be identifiable visual as civic buildings and respect the name of regional, traditional and classical architectural spactasa”
While Rechler is excited to highlight the vertical presence of RXR in New York City, the greatest change for average New Yorker can be how the office space is remodeling the city.
In the midst of a dramatic return to the office, high -end offices are booming, with companies such as JPMorgan, not only build more space but also cling to temporary offices.
“When companies ask employees where they want to work, 80% say New York,” says Recechler.
But employers are opting for high -end buildings with modern amenities, leaving the so -called glamorous quality B quality B fighting to find tenants. That has created a new opportunity to convert these properties into apartments, and accommodate the new people who flood the city.
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“There is a situation in which it has empty office buildings and there are not enough homes, so we are finding ways to convert it,” explains Recechler. “Now there are 15 million square feet of office buildings that are in the process of becoming residential.”
This change is already remodeling the neighborhoods in the same way that the center of Manhattan remodeled after September 11, when it was from the city where people worked in an area where people live. “
“You go there now, everyone is outside, people with baby career, restaurants, it is a completely different dynamic,” he said.
“It will help retail sale … More restaurants can be opened, public transport will be used more effective because it will make people use it on weekends, this is a good planning.”
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