Scott Rechler
Visionary Leader Award
Scott Rechler is the Chief Executive Officer and Chairman of RXR, an innovative investor, developer, and place-maker committed to applying a customer and community-centered approach to all aspects of its business.
Before starting RXR, Scott served as the Chair and CEO of Reckson Associates, which he helped take public in 1995. RXR was founded in 2007, on the day after Scott and his partners sold Reckson Associates for over $6 billion, generating a 700% return to Reckson's investors. Since its founding, RXR has raised over $10 billion of private equity through a series of funds and separate account vehicles and built an over 500-person, fully-integrated team of professionals with expertise in operations, construction and development, investment management, and more.
RXR manages over 30 million square feet of commercial properties with a gross asset value of $21.2 billion. RXR also has a multi-family residential portfolio of 8,000 units under operation or development, an over $4 billion new terminal under construction at JFK International Airport, and an expanding national portfolio and development pipeline in Phoenix, Denver, Raleigh, and Tampa.
Scott currently serves as Vice Chair on the Board of Directors for View, Inc. for which RXR recently led a $200 million investment. View is a leader in smart building technologies that transform buildings to prioritize wellness while reducing energy consumption and carbon emissions. Scott also served on the Board of American Campus Communities after Reckson took a controlling interest in the company in 1998 and later took the company public in 2004. ACC would grow to become the largest student housing company in the United States and was recently acquired by Blackstone for $13 billion in 2022.
Scott has held numerous leadership positions at various levels of government. In December 2021, Scott was elected to a 3-year term on the Board of Directors of the Federal Reserve Bank of New York. From 2011 to 2016, Scott served on the Board of Commissioners as Vice Chairman for the Port Authority of New York and New Jersey. He later served on the Board of the New York Metropolitan Transportation Authority (MTA) from 2017 to 2019.
From 2017 to 2023, Scott served as the Chair of the Regional Plan Association (RPA), a not-for-profit organization focused on the quality of life and the economic competitiveness of the NY Tri-State metropolitan area.
Scott also serves as trustee and Vice Chair of the National September 11 Memorial and Museum at the World Trade Center, a member of the Real Estate Board of New York (REBNY) and the national organization, the Real Estate Roundtable (RER), Chair of The Feinstein Institute for Medical Research and a member of the Board of Trustees at Northwell Health, the Hospital for Special Surgery and a member of the NYU Real Estate Institute Advisory Committee, and the Board of the Drum Major Institute.
Scott is a graduate of Clark University and the New York University Schack Institute. He is married to Debby Rechler and is the proud father of Gabrielle, Elijah, and Tyrone.
LICM legacy connection: Scott Rechler has gone far beyond what was or could have been expected of his involvement with LICM and to the quality of life in our community. He has been an active member of the LICM Board of Trustees since 1992; serving as Board Co-Chair from 2007-2015. His company provided pro bono construction oversight and design services for the Museum's initial location, then spearheaded the Museum's $17 million Capital Campaign to establish the 40,000-square-foot permanent home. He has served, along with his wife Debby, as a perennial chair of this annual fundraising event (which Debby named, by the way) and provided wise counsel on myriad issues involving governmental negotiations.
His steadfast dedication to the Children's Museum has spanned an impressive timeframe - from BC (before children) to GP (grandparent).
Long island Children's Museum is profoundly grateful for Scott Rechler's ceaseless support, unwavering friendship and his ongoing commitment to enriching the community where he lives and works.