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Organization and Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of commercial office properties
As of September 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

 
95.4
%
 
 
Retail
 
8

(2)
 
394,535

 
7

 
283,295

 
15

 
677,830

 
90.3
%
 
 
Development/Redevelopment
 
9

(3)
 
1,973,862

 
4

 
1,605,782

 
13

 
3,579,644

 
39.7
%
 
 
Fee Interest
 
3

(3)
 
1,137,930

 

 

 
3

 
1,137,930

 
100.0
%
 
 
 
 
43

 
 
21,935,372

 
18

 
5,365,192

 
61

 
27,300,564

 
88.2
%
Suburban
 
Office
 
27

 
 
4,365,400

 
4

 
1,222,100

 
31

 
5,587,500

 
81.3
%
 
 
Retail
 
1

 
 
52,000

 

 

 
1

 
52,000

 
100.0
%
 
 
Development/Redevelopment
 
1

 
 
85,000

 
1

 
65,641

 
2

 
150,641

 
50.5
%
 
 
 
 
29

 
 
4,502,400

 
5

 
1,287,741

 
34

 
5,790,141

 
80.7
%
Total commercial properties
 
72

 
 
26,437,772

 
23

 
6,652,933

 
95

 
33,090,705

 
86.8
%
Residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manhattan
 
Residential
 
3

(2)
 
735,587

 

 

 
3

 
735,587

 
94.1
%
Suburban
 
Residential
 
1

 
 
66,611

 

 

 
1

 
66,611

 
79.2
%
Total residential properties
 
4

 
 
802,198

 

 

 
4

 
802,198

 
93.2
%
Total portfolio
 
76

 
 
27,239,970

 
23

 
6,652,933

 
99

 
33,892,903

 
87.0
%
______________________________________________________________________
(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 September 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.
(3)
Includes two properties, which are held for sale as of September 30, 2014