Scott Rechler restructured his “digital asset” at 75 Rockefeller Plaza — a major capital overhaul for a building that just three years ago seemed to have solved some of remote work’s challenges. RXR brought in San Francisco-based hedge fund Farallon Capital Management as an investor in the 33-story tower that serves as RXR’s headquarters, sources told The Real Deal. Farallon’s investment values the 627,000-square-foot tower at somewhere between $190 million and $200 million, according to a source familiar with the deal. That figure is significantly below the $260 million in debt that RXR put on the property in 2022, when […]

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