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Acquisitions and Dispositions (Tables) | 3 Months Ended
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Mar. 31, 2026
Business Combination and Dispositions [Abstract] |
Schedule of Purchase Price Allocations | The following table summarizes the purchase price allocations of these acquisitions (amounts in thousands):
|  |  |  | Intangibles |
Property | Date Acquired | Land | Building and Improvements | Assets | Liabilities | Total
North 6 th Street Collection(1) | 3/27/2026 | $ | 6,604 |  | $ | 39,875 |  | $ | — |  | $ | — |  | $ | 46,479 |
130 Mercer(2) | 12/17/2025 | 66,309 |  | 247,994 |  | 91,207 |  | (25,180) |  | 380,330 |
North 6 th Street Collection(3) | 6/30/2025 | 11,243 |  | 20,458 |  | — |  | — |  | 31,701 |
(1) Includes approximately 22,000 square feet of retail space on North 6 th Street in Williamsburg, which is newly constructed. Includes capitalized transaction costs and closing credits amounting to $0.5 million. (2) Includes approximately 396,000 square feet of space, comprised of 368,000 square feet of office space and 28,000 square feet of retail space. Includes capitalized transaction costs and closing credits amounting to $(5.7) million. (3) Includes two retail properties with eleven residential units on North 6 th Street in Williamsburg, Brooklyn. Includes capitalized transaction costs of $0.7 million.
Schedule of Properties Disposed | The following table summarizes properties disposed of during the three and twelve months ended March 31, 2026 and December 31, 2025, respectively (amounts in thousands):
Property | Date of Disposal | Sales Price | Gain on Disposition
Metro Center, Stamford, Connecticut(1) | 12/22/2025 | $ | 64,000 |  | $ | 21,848 |
(1) In connection with the sale of Metro Center, we repaid the related $71.6 million mortgage.

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