RXR reposted this
I recently sat down with Jason Shuman of Primary Venture Partners for a wide-ranging conversation. Among the stories I shared was a pivotal moment in 2007 when we were selling our public company, Reckson, and how, on the very next day, we launched RXR. Fast forward to today, and nearly two decades later, we're recalibrating reality again, adhering to one of my core beliefs that standing still is moving backward! You can watch our full conversation here: https://lnkd.in/eR7a9s6n
Scott Rechler defended Reckson's 6B sale to SL Green against Carl Icahn, notorious for forcing company sales through minimal premiums: Icahn’s $300M bump came through the WSJ, during Scott Rechler’s daughter’s bat mitzvah. Scott Rechler reveals why he chose SL Green's $6B offer instead, months before the '08 crash. That perfect exit re-engineered a family business into RXR's institutional empire, now managing $17 B + GAV across NYC. From fending off Wall Street's most feared corporate raider to being mentored by Danny Meyer and Sam Zell… Watch the full story via the links in the comments.