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Organization and Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of commercial office properties
As of June 30, 2014, we owned the following interests in properties in the New York Metropolitan area, primarily in midtown Manhattan, a borough of New York City. Our investments in the New York Metropolitan area also include investments in Brooklyn, Long Island, Westchester County, Connecticut and Northern New Jersey, which are collectively known as the Suburban properties:
 
 
 
 
Consolidated
 
Unconsolidated
 
Total
Location
 
Type
 
Number of Properties
 
 
Square Feet
 
Number of Properties
 
Square Feet
 
Number of Properties
 
Square Feet
 
Weighted Average Occupancy(1)
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manhattan
 
Office
 
23

 
 
18,429,045

 
7

 
3,476,115

 
30

 
21,905,160

 
94.4
%
 
 
Retail
 
7

(2)
 
389,317

 
8

 
432,250

 
15

 
821,567

 
93.2
%
 
 
Development/Redevelopment
 
11

 
 
2,063,790

 
4

 
1,605,782

 
15

 
3,669,572

 
44.2
%
 
 
Fee Interest
 
2

 
 
961,400

 

 

 
2

 
961,400

 
100.0
%
 
 
 
 
43

 
 
21,843,552

 
19

 
5,514,147

 
62

 
27,357,699

 
87.8
%
Suburban
 
Office
 
27

 
 
4,365,400

 
4

 
1,222,100

 
31

 
5,587,500

 
81.7
%
 
 
Retail
 
1

 
 
52,000

 

 

 
1

 
52,000

 
100.0
%
 
 
Development/Redevelopment
 
1

 
 
85,000

 
1

 
65,641

 
2

 
150,641

 
42.7
%
 
 
 
 
29

 
 
4,502,400

 
5

 
1,287,741

 
34

 
5,790,141

 
80.9
%
Total commercial properties
 
72

 
 
26,345,952

 
24

 
6,801,888

 
96

 
33,147,840

 
86.6
%
Residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manhattan
 
Residential
 
2

(2)
 
653,337

 

 

 
2

 
653,337

 
93.2
%
Suburban
 
Residential
 
1

 
 
66,611

 

 

 
1

 
66,611

 
84.4
%
Total residential properties
 
3

 
 
719,948

 

 

 
3

 
719,948

 
91.9
%
Total portfolio
 
75

 
 
27,065,900

 
24

 
6,801,888

 
99

 
33,867,788

 
86.7
%
______________________________________________________________________
(1)
The weighted average occupancy for commercial properties represents the total occupied square feet divided by total available rentable square feet.  The weighted average occupancy for residential properties represents the total occupied units divided by total available units.
(2)
As of June 30, 2014, we owned a building that was comprised of 270,132 square feet of retail space and 222,855 square feet of residential space. For the purpose of this report, we have included the building as part of retail properties and have shown the square footage under its respective classifications.