RXR Realty Reviews

Updated Jul 9, 2020

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2.6
36%
Recommend to a Friend
82%
Approve of CEO
RXR Realty Chairman & CEO Scott Rechler (no image)
Scott Rechler
22 Ratings
  1. "Digital Lab is an incredibly exciting place to be"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Digital Lab in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at RXR Realty full-time for less than a year

    Pros

    - the new "Digital Lab" is basically a startup inside the company. You get the benefits of a startup (charting your own destiny, building a cool product) without the drawbacks (you get long-term investors vs. bs VCs, you have a guaranteed client base so we're profitable on day 1, you don't have to deal with random accounting/legal issues because you can use the inhouse RXR team). I worked in and around VC- and corporate-backed startups before; most corporate-backed startups suck, but good ones are way better than VC-backed... and this one is a good one - the talent here is incredible. I interviewed at a few real estate innovation teams and most of them had no real tech experience and couldn't have gotten a job in any venture-backed firm. Almost everyone here has startup experience, and a lot of people have industry experience in similar industries as well (e.g., architecture, hotel) - culture is amazing. People are super smart but it's NOT cutthroat (as I sort of expected NYC real estate to be) - the CEO of RXR (Scott Rechler) is also the CEO of the Lab, so you get to know a really inspirational leader (he knows everyone in the Lab)

    Cons

    - it's definitely hard disrupting an old industry. It helps that RXR is guaranteed to buy the product if it's good, though. And if we can prove value in the RXR portfolio, I feel good about proving it outside of RXR

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  2. "RXR really cares"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President Product Management in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at RXR Realty full-time for less than a year

    Pros

    * Scott Rechler is one of the good guys. It's a privilege to work for someone of such high ethical standards who cares about his customers and employees. * The company is committed to innovation and has built out a Digital Lab to help drive those changes. * My colleagues are intelligent, driven, and fun! * Not surprisingly, the office is beautiful.

    Cons

    * Lots to do and never enough time. Ability to prioritize and manage your own to do list is an important trait here.

  3. "Leading the way on innovation and change in CRE"

    4.0
    Current Employee - Director 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at RXR Realty full-time

    Pros

    Progressive leadership, dedication to building products and services to transform commercial real estate, hungry and scrappy team willing to roll up their sleeves

    Cons

    Occasional disconnect between progressive ideas and how to execute them in reality

  4. "Ownership and upper management are not in touch with the day to day operations."

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Construction Project Manager in New York, NY
    Positive Outlook
    Approves of CEO

    I worked at RXR Realty full-time for more than 5 years

    Pros

    Some good, genuine people to meet, and a well respected CEO.

    Cons

    Working at RXR is not conducive for a successful future in the construction industry.

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  5. Helpful (1)

    "Great Learning Environment"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Development 
    Recommends
    Positive Outlook

    I have been working at RXR Realty full-time for more than a year

    Pros

    Great Company, Great Deals, Great People, Great Exposure, If you are Hungry this Company will take you far

    Cons

    -Very Challenging if you can't handle Stress/Work Load -Pay isn't very good

  6. "Smart real estate"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Associate in New York, NY

    I have been working at RXR Realty full-time for more than 5 years

    Pros

    I like the people I work with

    Cons

    Don't get comfortable at your desk, you are constantly being moved

  7. "Poor"

    1.0
    Former Employee - Accounts Payable 
    Doesn't Recommend

    I worked at RXR Realty full-time

    Pros

    None, horrible, poor work ethic

    Cons

    Micro management, favoritism, supervisor ostracized you alot

  8. "Look elsewhere"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Executive Assistant 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at RXR Realty full-time for less than a year

    Pros

    Well know name with 5 star properties

    Cons

    Poor management, low pay, long hours, poor benefits and pto, animosity between long term employees and new hires. New hires pay significantly more for their benefits than long time employees. HR and senior management only cares about money, not the employees. Hire turnover rates.

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  9. Helpful (5)

    "Class A Company - Class D benefits"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Property Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at RXR Realty full-time for more than 3 years

    Pros

    Professional well run company, they don't micromanage, growing company, high pay for those that have experience for it. If you feel you're underpaid that means you're replaceable. The ones they want to keep are paid well for this industry. Become someone they want to keep! Summer Friday's are great.

    Cons

    Benefits are a joke. Nowhere close to the other Class A firms in commercial real estate. PTO is also a joke. I'm now at 5 weeks PTO(new company). If you have a understanding boss you can get away with more time. But who wants to twists arms for days off?!?! You know this is a problem, you know your employees are not happy with this. Benefits are truly a joke.

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  10. "Horrible!! Worst company I ever worked for."

    1.0
    • Compensation and Benefits
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at RXR Realty full-time for more than a year

    Pros

    There are no pros for working with RXR besides Summer Fridays. Don’t let the name fool you.

    Cons

    My boss was a racist. Every week at least one person has left since I left.

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Found 36 reviews