NEW YORK CITY—Brookfield Office Properties' Philip Wharton—whohas been the overseer of the developer's massive Manhattan Westproject—has joined RXR Realty as an EVP, the latter firm confirmsto GlobeSt.com.
At his new employer, Wharton will work on multifamilydevelopment in New York City and the surrounding metro area,according to Crain's New York Business. For the most part,RXR is known for buying and repositioning commercial assets, likethe large Starrett-Lehigh Building along the West Side. Butchairman and CEO Scott Rechler says the company has been stretchingbeyond its comfort zone.
"Over the last two years, we have been focusing on urban,suburban and transit-oriented developments in the boroughs andbeyond, which tend to be more mixed-use projects," he says. SeveralRXR plans have recently been approved for large-scale, mixed-usedevelopment projects, with a total of more than 4,000 apartments inthe tri-state area.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
