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Home Real Estate

RXR Closes in on $1 Billion Deal for Madison Avenue Office

June 21, 2025
in Real Estate
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RXR Closes in on  Billion Deal for Madison Avenue Office
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Scott Rechler’s RXR has finalized a major deal to amass the Plaza District skyscraper at 590 Madison Ave. by inserting a $50 million deposit. Roughly 3.5 weeks prior, the corporate signed a letter of intent to buy the constructing from the STRS Ohio state academics’ pension fund for almost $1.1 billion.

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Tags: AVENUEBillionClosesDealMadisonOfficeRXR
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