# RXR’s Tough Market Pivot

Page: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/rxr-s-tough-market-pivot
Text version: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/rxr-s-tough-market-pivot.md
Podcast: [Real Estate News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453)
Published: 2026-06-24T14:57:23+00:00
Episode link: https://api.fastcast.ai/audio/ece9f34c-2311-44fe-84b9-f1f085f221a8.mp3
Audio file: https://api.fastcast.ai/audio/ece9f34c-2311-44fe-84b9-f1f085f221a8.mp3
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Duration seconds: 103

## Resource

RXR is weathering a brutal real estate storm, selling assets at steep losses and negotiating to save key properties like Worldwide Plaza amid a market that’s turned sharply against them. Once a master of buying low and selling high, Scott Rechler’s firm now faces lender battles and a lack of institutional appetite — a stark contrast to their 2008 playbook. But RXR’s pivot is clear: new partners like Elliott and Baupost, a massive 175 Park Avenue development, and a bold diversification into apartments and logistics signal resilience. Even as the past few years have been tough, Rechler insists RXR is stronger, adapting to a cautious market while still eyeing future growth. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/498ded7492777bf8

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## Transcript

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