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by Scott Rechler
In a post-Covid world, after years of near-zero interest rates, we face a rate regime where every business model, capital structure, and investment product will need to readjust – a chasm that every sector of our economy must cross. In Crossing the Chasm, RXR Chairman & CEO Scott Rechler and Charlie Harary, RXR’s Chief People Officer, discuss how RXR plans to traverse this chasm to capitalize on new opportunities.
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In Episode 57 of Crossing the Chasm, Scott Rechler and Charlie Harary discuss why disagreement shouldn’t mean disengagement. Scott shares why he joined New York City Mayor Mamdani’s Business Advisory Council despite policy differences, and why leaders need to look beyond headlines, embrace nuance, and stay part of difficult conversations. Key Takeaways: Engagement does not equal endorsement. Complex problems rarely have simple solutions. Leaders should look beyond headlines to the facts on the ground. Disagreement can make conversation even more important. Human interaction may become more valuable as AI and algorithms shape what we see.
On the 25th anniversary of September 11th, Scott Rechler and Charlie Harary reflect on the tragedy, its lasting impact on New York City, and the remarkable period of rebuilding that followed. Scott shares his personal memories of September 11th and his later role helping rebuild the World Trade Center. The conversation focuses on what Scott calls “September 12th”: the period when New Yorkers came together through service, sacrifice, civic responsibility, and a shared commitment to rebuild.
Charlie Harary interviews RXR CEO Scott Rechler on end-of-summer reflections and preparing for the next stretch of goals. Rechler emphasizes evaluating what hasn’t worked, doing thorough homework on investments and initiatives, listening to feedback, surrounding yourself with strong advisors, and maintaining the humility to avoid bias. He distinguishes between good processes and good outcomes. The right decisions can fail due to unpredictable external factors like COVID, interest rates, and inflation, while the wrong decisions can sometimes succeed because of luck. Rechler stresses the importance of recalibrating under new conditions without abandoning disciplined decision-making. They also discuss how preparation not only improves results but helps leaders interpret outcomes and strengthen organizational collaboration. Rechler explains the importance of balancing entrepreneurial flexibility during early ideation with more formal collaboration and governance when decisions are finalized. He describes preparation as a lifestyle, prioritizing deep preparation for high-value moments and building a flywheel of stronger, more efficient processes.
Charlie Harary and RXR CEO Scott Rechler discuss how “physical AI” is being integrated into construction and why it delivers tangible ROI. Scott describes robots painting color-coded floor guides at RXR’s 61 Broadway office-to-residential conversion, job supervisors using helmets with 3D cameras to compare site conditions against plans, and drones surveying sites daily to detect schedule and specification variances, reducing errors and risk. They argue that construction is an ideal AI use case because it begins with clear blueprints, specs, and defined workflows, creating a “source of truth” that AI can measure against. Organizations must similarly document processes, standardize documents, and centralize data. They emphasize AI as augmentation rather than replacement, a shift being embraced by union labor. They also note that AI rewards clear thinking while accelerating messiness, and suggest that the rapid pace of change requires continual effort just to keep up.
Summer often feels like a season to slow down—but great leaders know how to use it wisely. In this episode of Crossing the Chasm, Scott Rechler and Charlie Harary explore how to stay productive during the slower summer months without sacrificing the opportunity to recharge. Scott shares why being crystal clear on priorities is essential when business naturally slows, and explains why he prefers intentional micro-breaks over long vacations that can create more stress than rest. The conversation also dives into the idea of "strategizing your vacation"—planning time off with the same intention you bring to work. From reading and exploring new places to spending time with family, exercising, and pursuing hobbies, Scott explains why the most energizing breaks aren't always the most relaxing—they're often the most rewarding. Whether you're leading a company, managing a team, or simply trying to avoid burnout, this episode offers a practical framework for making the most of your downtime while returning with more energy, clarity, and purpose.
Charlie Harari and RXR CEO Scott Rechler reflect on America’s 250th birthday and argue that national friction and divisiveness are a recurring, natural byproduct of a country built to adapt and pursue change. Scott notes that every generation feels its challenges are uniquely severe, but history shows America repeatedly finds ways to fix what’s broken, even amid unrest like the Civil War. They contend social media amplifies extremes and drowns out “mainstream” America, which they describe as patriotic, community-minded, and willing to take risks. Scott cites current strengths including historically low murder rates, low poverty levels, higher education levels, and 4% unemployment, emphasizing American dynamism and the importance of people as the nation’s core asset. They express optimism that AI will improve healthcare, government, entrepreneurship, and drive record formation of very small companies.
As AI anxiety grows, Scott Rechler argues that AI should be viewed not as a replacement for people, but as an amplifier of human potential. At RXR, AI is helping employees do more, think bigger, and expand what's possible by automating routine analysis and surfacing insights that would otherwise be impossible to uncover at scale. The conversation explores how AI-driven tools are transforming workflows, from daily loan re-underwriting across dozens of risk factors to enhanced decision-making and meeting preparation. While AI can process vast amounts of information, Scott and Charlie discuss why wisdom, judgment, emotional intelligence, and human connection remain irreplaceable. They also examine the future of work, the role of trust and relationships in an increasingly automated world, and why the most valuable leaders of the future may be the ones who are most human.
Charlie Harary sits down with RXR CEO Scott Rechler to discuss how artificial intelligence is reshaping the workplace without replacing the human relationships that drive long term success. Rechler argues that the people most at risk in an AI driven world are not those competing against technology, but those who fail to embrace AI while maintaining the trust, relationships, and reputation that technology cannot replicate. Drawing on recent visits to colleagues and partners in Qatar, Abu Dhabi, and Tel Aviv, as well as RXR's response following 9/11, he explains why showing up in person during moments of uncertainty creates bonds that last for decades. The conversation explores how AI can increase productivity and unlock new opportunities, while making skills such as emotional intelligence, communication, adaptability, and critical thinking more important than ever. Rechler also shares why he believes strong in person cultures and communities, whether in offices, residential buildings, or workplaces, will become an even greater competitive advantage in the years ahead. Rather than widespread job loss, Rechler predicts a reshuffling of roles, greater entrepreneurship, and a more productive economy fueled by people who learn to combine the power of AI with the power of human connection.
In a post-Covid world, after years of near-zero interest rates, we face a rate regime where every business model, capital structure, and investment product will need to readjust – a chasm that every sector of our economy must cross. In Crossing the Chasm, RXR Chairman & CEO Scott Rechler and Charlie Harary, RXR’s Chief People Officer, discuss how RXR plans to traverse this chasm to capitalize on new opportunities.
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