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Organization and Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of commercial office properties
As of September 30, 2015, we owned the following interests in commercial and residential properties in the New York Metropolitan area, primarily in midtown Manhattan. Our investments in the New York Metropolitan area also include investments in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey, which are collectively known as the Suburban properties:
 
 
 
 
Consolidated
 
Unconsolidated
 
Total
 
 
Location
 
Type
 
Number of Properties
 
Approximate Square Feet
 
Number of Properties
 
Approximate Square Feet
 
Number of Properties
 
Approximate Square Feet
 
Weighted Average Occupancy(1)
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Manhattan
 
Office
 
26

 
20,700,091

 
6

 
3,328,496

 
32

 
24,028,587

 
94.5
%
 
 
Retail
 
9

(3)
408,993

 
9

 
347,970

 
18

 
756,963

 
91.2
%
 
 
Development/Redevelopment
(2)
5

 
72,962

 
4

 
1,952,782

 
9

 
2,025,744

 
53.8
%
 
 
Fee Interest
 
2

 
783,530

 

 

 
2

 
783,530

 
100.0
%
 
 
 
 
42

 
21,965,576

 
19

 
5,629,248

 
61

 
27,594,824

 
91.5
%
Suburban
 
Office
(2)
28

 
4,450,400

 
3

 
705,641

 
31

 
5,156,041

 
80.1
%
 
 
Retail
 
1

 
52,000

 

 

 
1

 
52,000

 
100.0
%
 
 
Development/Redevelopment
 
1

 
1,000

 
1

 

 
2

 
1,000

 
100.0
%
 
 
 
 
30

 
4,503,400

 
4

 
705,641

 
34

 
5,209,041

 
80.3
%
Total commercial properties
 
72

 
26,468,976

 
23

 
6,334,889

 
95

 
32,803,865

 
89.8
%
Residential:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Manhattan
 
Residential
 
4

(3)
762,587

 
18

 
2,210,233

 
22

 
2,972,820

 
94.6
%
Suburban
 
Residential
 
1

 
66,611

 

 

 
1

 
66,611

 
95.8
%
Total residential properties
 
5

 
829,198

 
18

 
2,210,233

 
23

 
3,039,431

 
94.6
%
Total portfolio
 
77

 
27,298,174

 
41

 
8,545,122

 
118

 
35,843,296

 
90.2
%
____________________________________________________________________
(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)
Includes two Manhattan redevelopment properties and two suburban office properties held for sale as of September 30, 2015.
(3)
As of September 30, 2015, we owned a building that was comprised of approximately 270,132 square feet of retail space and approximately 222,855 square feet of residential space. For the purpose of this report, we have included the building in the retail properties count and have bifurcated the square footage into the retail and residential components.