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Organization and Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of commercial office properties
As of March 31, 2017, we owned the following interests in 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
 
Property
Type
 
Number of Properties

Approximate Square Feet (unaudited)
 
Number of Properties
 
Approximate Square Feet (unaudited)
 
Number of Properties
 
Approximate Square Feet (unaudited)
 
Weighted Average Occupancy(1) (unaudited)
Commercial:
 



 

 

 

 

 

Manhattan
 
Office
 
24


16,054,606

 
7

 
6,558,139

 
31

 
22,612,745

 
94.3
%

 
Retail
 
7

(2)(3)
335,393

 
9

 
347,970

 
16

 
683,363

 
83.1
%

 
Development/Redevelopment
 
6


135,375

 
3

 
770,514

 
9

 
905,889

 
55.4
%

 
Fee Interest
 
1


176,530

 
1

 
26,926

 
2

 
203,456

 
100.0
%

 

 
38


16,701,904

 
20

 
7,703,549

 
58

 
24,405,453

 
92.7
%
Suburban
 
Office
 
25

(4)
4,113,800

 
2

 
640,000

 
27

 
4,753,800

 
82.3
%

 
Retail
 
1


52,000

 

 

 
1

 
52,000

 
100.0
%

 
Development/Redevelopment
 
1


1,000

 
1

 

 
2

 
1,000

 
100.0
%

 

 
27


4,166,800

 
3

 
640,000

 
30

 
4,806,800

 
82.5
%
Total commercial properties
 
65


20,868,704

 
23

 
8,343,549

 
88

 
29,212,253

 
91.0
%
Residential:
 

 



 

 

 

 

 

Manhattan
 
Residential
 
3

(2)
472,105

 
12

 
2,656,856

 
15

 
3,128,961

 
87.2
%
Suburban
 
Residential
 



 

 

 

 

 
%
Total residential properties
 
3


472,105

 
12

 
2,656,856

 
15

 
3,128,961

 
87.2
%
Total portfolio(2)(3)(4)
 
68


21,340,809

 
35

 
11,000,405

 
103

 
32,341,214

 
90.6
%
    
(1)
The weighted average occupancy for commercial properties represents the total occupied square feet divided by total square footage at acquisition. The weighted average occupancy for residential properties represents the total occupied units divided by total available units.
(2)
As of March 31, 2017, we owned a building that was comprised of approximately 270,132 square feet (unaudited) of retail space and approximately 222,855 square feet (unaudited) of residential space. For the purpose of this report, we have included the building in the number of retail properties we own. However, we have included only the retail square footage in the retail approximate square footage, and have listed the balance of the square footage as residential square footage.
(3)
Includes the property at 102 Greene Street, which is classified as held for sale at March 31, 2017.
(4)
Includes the property at 520 White Plains Road, which is classified as held for sale at March 31, 2017.