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Acquisitions and Dispositions (Tables) | 6 Months Ended
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Jun. 30, 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
111 West 33 rd Street(1) | 5/20/2026 | $ | 52,607 |  | $ | — |  | $ | — |  | $ | — |  | $ | 52,607 |
1400 Broadway(1) | 5/20/2026 | 61,728 |  | — |  | — |  | — |  | 61,728 |
North 6 th Street Collection(2) | 3/27/2026 | 6,604 |  | 39,875 |  | — |  | — |  | 46,479 |
130 Mercer(3) | 12/17/2025 | 66,309 |  | 247,994 |  | 91,207 |  | (25,180) |  | 380,330 |
North 6 th Street Collection(4) | 6/30/2025 | 11,243 |  | 20,458 |  | — |  | — |  | 31,701 |
(1) Includes capitalized transaction costs of $2.0 million for 111 West 33 rd Street and $2.3 million for 1400 Broadway. (2) 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. (3) 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. (4) 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 six and twelve months ended June 30, 2026 and December 31, 2025, respectively (amounts in thousands):
Property | Date of Disposal | Sales Price | Gain on Disposition
250 West 57 th Street, New York, New York(1) | 6/1/2026 | $ | 275,000 |  | $ | 124,622 |
Metro Center, Stamford, Connecticut(2) | 12/22/2025 | 64,000 |  | 21,848 |
(1) In connection with the sale of 250 West 57 th Street, the purchaser assumed the property's outstanding $180.0 million mortgage. (2) In connection with the sale of Metro Center, we repaid the related $71.6 million mortgage.

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-3A Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 102 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483474/205-20-55-102 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483475/205-20-45-11 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483474/205-20-55-103 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5C Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480781/205-20-S99-3 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5C Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-5B Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-4B Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-1 Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483499/205-20-50-1 + Details
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