Reckson Names New Chairman

Scott Rechler, president and chief executive officer of Reckson Associates Realty Corp., has been named chairman of the board of Reckson to fill the vacancy created by the recent resignation of Donald Rechler.Reckson, a real estate investment trust based in Melville, N.Y., said the 70-year-old Donald Rechler, a co-founder of the office REIT, resigned to pursue nonbusiness interests. Reckson noted that the resignation came a year after the sale of the company's Long Island industrial portfolio and the related restructuring in which Donald Rechler stepped down as co-CEO. Reckson can be found on the Web at http://www.reckson.com.