Scott Rechler is an American businessman. He is CEO and Chairman of RXR Realty (NY). He is the former vice chairman of the

Port Authority of New York and New Jersey The Port Authority of New York and New Jersey, PANYNJ; stylized, in logo since 2020, as Port Authority NY NJ, is a joint venture between the U.S. states of New York and New Jersey, established in 1921 through an interstate compact authorize ...

and current chairman of the Regional Plan Association, and a member of the

Metropolitan Transportation Authority The Metropolitan Transportation Authority (MTA) is a public benefit corporation responsible for public transportation in the New York City metropolitan area of the U.S. state of New York. The MTA is the largest public transit authority in t ...

board.

Career

Rechler was born to a

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

family, the son of Lita (née Rudy) and Roger Rechler. He was raised in Port Washington,

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

on Long Island. His grandfather, William Rechler, founded Reckson Associates in 1958. Scott Rechler joined the company in 1989 and led its initial public offering in 1995 forming Reckson Associates Realty Corp. (NYSE:RA). Rechler became chief operating officer and later co-CEO of the company and he led Reckson's expansion beyond Long Island into the New York and tri-state region. In 2003, Rechler was named chief executive. The company was acquired in early 2007 by

SL Green Realty Corp. SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2019, the company owned 43 properties comprising 14,438,964 square feet. Notable prope ...

for $6 billion, which resulted in a 700 percent total return for Reckson shareholders. Afterwards, Rechler formed RXR Realty and became CEO and Chairman of the organization. By 2017, RXR managed over 22 million square feet of commercial real estate and held more than $15.7 billion in assets under management. Rechler was appointed to the

by Governor

Andrew Cuomo Andrew Mark Cuomo ( ; ; born December 6, 1957) is an American lawyer and politician who served as the 56th governor of New York from 2011 to 2021. A member of the Democratic Party, he was elected to the same position that his father, Mario Cu ...

in 2011, where he oversaw the redevelopment of LaGuardia Airport and the World Trade Center. He became vice-chairman of the organization in 2012. In May 2016, he left his position with the Port Authority. In October 2016, Rechler was elected chairman of the board of directors of the Regional Plan Association. In June 2017, he was named as a member of the

board. In 2017, Rechler was recognized as the fourth most powerful person in New York City real estate by the ''Commercial Observers Power 100 list. Rechler is also on the board of the 9/11 Memorial,

Drum Major Institute The Drum Major Institute for Public Policy (DMI) is a non-profit American progressive think tank and community action group. The group was founded in 1961 in the midst of the Civil Rights Movement. It later became defunct until it was relaunched ...

and the

Feinstein Institute for Medical Research The Feinstein Institutes for Medical Research in Manhasset, Nassau County, New York, United States, on Long Island, constitute the research arm of Northwell Health. Feinstein is home to 50 research labs, 2,500 clinical research studies, and 5, ...

, is a trustee on the board of Long Island Children's Museum, as well as co-chair of the Tribeca Film Institute board of directors and the Centre for Social Innovation board of directors.

Personal life

He is married to his college sweetheart, Debby Feldstein; they have three children: Gabrielle, Elijah, and Tyrone.

References

{{DEFAULTSORT:Rechler, Scott Date of birth missing (living people) Living people American chief executives American Jews Businesspeople from New York City Executives of Metropolitan Transportation Authority (New York) Port Authority of New York and New Jersey people Year of birth missing (living people)