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MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Mortgages, Loans Payable And Other Obligations (Details) - USD ($) $ in Thousands |  | 12 Months Ended |
--- | --- | --- | ---
Jun. 11, 2024 | Dec. 31, 2025 | Dec. 31, 2024
Debt Instrument [Line Items] |  |  |
Principal balance outstanding |  | $ 1,400,000 | $ 1,700,000
Secured Debt |  |  |
Debt Instrument [Line Items] |  |  |
Principal balance outstanding |  | 1,339,574 | 1,333,966
Unamortized deferred financing costs |  | (7,416) | (10,492)
Total mortgages, loans payable and other obligations, net |  | $ 1,332,158 | 1,323,474
Secured Debt | Portside 2 at East Pier |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 4.56% |
Principal balance outstanding |  | $ 93,782 | 95,427
Debt instrument, percent guaranteed | 10.00% |  |
Secured Debt | BLVD 425 |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 4.17% |
Principal balance outstanding |  | $ 131,000 | 131,000
Secured Debt | BLVD 401 |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 4.29% |
Principal balance outstanding |  | $ 113,462 | 115,515
Secured Debt | Portside at East Pier |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate, variable (as a percent) |  | 2.75% |
Principal balance outstanding |  | $ 0 | 56,500
Secured Debt | The Upton |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate, variable (as a percent) |  | 1.58% |
Principal balance outstanding |  | $ 75,000 | 75,000
Secured Debt | RiverHouse 9 At Port Imperial |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate, variable (as a percent) |  | 1.41% |
Principal balance outstanding |  | $ 110,000 | 110,000
Secured Debt | Quarry Place at Tuckahoe (f) |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 4.48% |
Principal balance outstanding |  | $ 0 | 41,000
Secured Debt | BLVD 475 |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 2.91% |
Principal balance outstanding |  | $ 161,201 | 164,712
Secured Debt | Haus25 |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 6.04% |
Principal balance outstanding |  | $ 343,061 | 343,061
Secured Debt | RiverHouse 11 at Port Imperial |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 4.52% |
Principal balance outstanding |  | $ 100,000 | 100,000
Secured Debt | Sable |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 5.59% |
Principal balance outstanding |  | $ 181,544 | 0
Secured Debt | Port Imperial South 4/5 Garage |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 4.85% |
Principal balance outstanding |  | $ 30,524 | 31,098
Secured Debt | The Emery at Overlook Ridge |  |  |
Debt Instrument [Line Items] |  |  |
Effective Rate (as a percent) |  | 3.21% |
Principal balance outstanding |  | $ 0 | $ 70,653
Secured Debt | The Upton |  |  |
Debt Instrument [Line Items] |  |  |
Derivative, cap interest rate |  | 3.50% |
Secured Debt | RiverHouse 9 at Port Imperial |  |  |
Debt Instrument [Line Items] |  |  |
Derivative, cap interest rate |  | 3.50% |

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