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Acquisitions and Dispositions (Tables)
 3 Months Ended
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
PropertyDate AcquiredLandBuilding and ImprovementsAssetsLiabilitiesTotal
North 6th Street Collection(1)
3/27/2026$6,604 $39,875 $— $— $46,479 
130 Mercer(2)
12/17/202566,309 247,994 91,207 (25,180)380,330 
North 6th Street Collection(3)
6/30/202511,243 20,458 — — 31,701 
(1) Includes approximately 22,000 square feet of retail space on North 6th 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 6th 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):
PropertyDate of DisposalSales PriceGain 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.