Properties Held for Sale and Property Dispositions (Tables)

3 Months Ended

Mar. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Summary Of Properties Sold

The following table summarizes the properties sold during the three months ended March 31, 2020:

Property	Disposition Date	Property Type	Approximate Square Feet	Sales Price(1) (in millions)		Gain (loss)(2) (in millions)
315 West 33rd Street - The Olivia	March 2020	Fee Interest	492,987	$	446.5	$	72.3

(1) Sales price represents the gross sales price for a property or the gross asset valuation for interests in a property.

(2)

The gain on sale for 315 West 33rd Street is net of $6.0 million of employee compensation accrued in connection with the realization of this investment gain. Additionally, amounts do not include adjustments for expenses recorded in subsequent periods.