In an interview with IREI, Scott Crowe, executive vice president, chief strategy officer, and head of equity capital markets at RXR — a major commercial real estate owner in Manhattan — discusses the recovery of New York City’s real estate market post-pandemic, noting increased interest from international and new investors. He also emphasizes the importance of forming strategic partnerships that combine capital and operational expertise to support risk management and value creation.
Crowe observes that some investors are reducing their exposure to office real estate to avoid short-term losses, which may limit their ability to benefit from a potential market recovery. He points to RXR’s experience and focuses on the Manhattan market as key factors in navigating market cycles. Crowe underscores the importance of a patient, long-term investment perspective in capturing future opportunities.
How are international investors viewing New York real estate today
