NEW YORK CITY—It has been said that when times are good, whileit's easy to simply bask in the glow, it's the ideal moment tofocus on fixing what's in a state of disrepair. That maxim could beapplied to New York City, RXR Realty chairman andCEO Scott Rechler said Tuesday in Midtown during atalk to the Association for a Better New York.
The city is currently riding a great wave but needs a number ofimprovements, he asserted. But Rechler's speech included acaveat—the issues plaguing New York City need to be fixed not withold methods but with innovative plans.
“New York is in a golden age,” he declared. “Both population andjob growth are at record high levels, as is tourism. The best andthe brightest want to live, work and play here.”
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