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March 11, 2025

Amtrak and Rexmark Announce Resolution of Legal Claims for Washington Union Station

Amtrak controls management and operations

WASHINGTON – Amtrak and Rexmark today announced that their case regarding the lease of the majority of the customer-facing area of Washington Union Station has come to a close. The parties entered into a settlement agreement earlier in February. The judge formally ended the case on March 7, 2025.

Rexmark was the owner of the leasehold when Amtrak filed an eminent domain suit in 2022. The U.S. District Court for the District of Columbia granted Amtrak the right to take control of the sublease in the summer of 2024.

“We’re focusing on improving operations and creating a more welcoming environment for travelers and other visitors,” Amtrak President Roger Harris said. “With our partners, a new and exciting chapter for Washington Union Station is underway to ensure this historic station remains a vibrant place for all.”

Amtrak is responsible for the day-to-day management and operations of the station, including the drop-off lanes between the station and Columbus Circle. Amtrak manages the safety, security, repair, and maintenance of the station, in addition to the leasing of retail, office, and advertising space, kiosks and special events. This responsibility does not include the parking garage and Columbus Circle, located outside the front of the station.

Amtrak works in coordination with the Federal Railroad Administration (FRA), which represents the U.S. Department of Transportation (USDOT), the building owner, and the landlord Union Station Redevelopment Corporation (USRC), which leases the building from USDOT, to manage the property.

“Although we are sad to no longer be involved with this remarkable asset, we are pleased that a resolution was reached,” said Michael Rebibo, Managing Principal of Rexmark the master leaseholder of Washington Union Station. “We worked hard to be good stewards of this iconic property in recent years despite numerous challenges and look forward to seeing it grow and prosper.”

Washington Union Station is one of the nation’s most historic and busiest multimodal hubs and serves the many travelers and visitors that use the station. The Amtrak Acela, Northeast Regional and fleet of overnight trains, in addition to Amtrak Virginia and North Carolina trains serve the station, in addition to Washington Metro transit, MARC and Virginia Railway Express commuter lines, local and intercity buses and streetcar.

Opened in 1907, Washington Union Station is the second busiest in the Amtrak national network. Amtrak ridership at the station in FY2024 was 5.6 million. Peak passenger use is projected to grow during the next two decades, which solidifies the station as an essential component to the growth of Amtrak.

For More Information

Kimberly Woods
MediaRelations@Amtrak.com
Amtrak Contact
800 562.1904

Jarrod Bernstein
jbernstein@morrisoncohen.com
Morrison Cohen for Rexmark

About Amtrak®

Amtrak is seizing a once-in-a-lifetime opportunity to transform rail and Retrain Travel. By modernizing, enhancing, and expanding trains, stations, and infrastructure, Amtrak is meeting the rising demand for train travel. Amtrak offers unforgettable experiences to more than 500 destinations across 46 states and parts of Canada. Learn more at Amtrak.com, download the Amtrak app, connect with us on XInstagramFacebook, and LinkedIn, and join Amtrak Guest Rewards for free to start earning points toward Amtrak reward travel, upgrades, lounge access and more.

About Rexmark

Rexmark is a real estate investment manager headquartered in New York City focused on debt and equity investments throughout the United States and Europe. The firm has invested in over $7 billion in real estate globally across all asset classes including Office, Residential, Hospitality, Industrial, Infrastructure, Mixed Use and Medical since its founding in 2011. The company has offices in the United States and Asia.