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Organization and Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of commercial office properties
As of June 30, 2020, we owned the following interests in properties in the New York metropolitan area, primarily in midtown Manhattan. Our investments located outside of Manhattan are referred to 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
 
18

 
10,647,191

 
10

 
11,216,183

 
28

 
21,863,374

 
93.7
%

 
Retail
 
4

 
44,189

 
8

 
289,050

 
12

 
333,239

 
94.0
%

 
Development/Redevelopment
 
11

 
3,006,774

 
1

 
1,657,198

 
12

 
4,663,972

 
N/A


 
Fee Interest
 

 

 
1

 

 
1

 

 
%

 

 
33

 
13,698,154

 
20

 
13,162,431

 
53

 
26,860,585

 
93.7
%
Suburban
 
Office
 
8

 
1,044,800

 

 

 
8

 
1,044,800

 
86.3
%

 
Retail
 
1

 
52,000

 

 

 
1

 
52,000

 
100.0
%

 

 
9

 
1,096,800

 

 

 
9

 
1,096,800

 
86.2
%
Total commercial properties
 
42

 
14,794,954

 
20

 
13,162,431

 
62

 
27,957,385

 
93.4
%
Residential:
 

 

 

 

 

 

 

 

Manhattan
 
Residential
 
2

 
222,250

 
8

 
1,663,774

 
10

 
1,886,024

 
90.0
%
Total residential properties
 
2


222,250

 
8

 
1,663,774

 
10

 
1,886,024

 
90.0
%
Total portfolio
 
44


15,017,204

 
28

 
14,826,205

 
72

 
29,843,409

 
93.2
%
   
(1)
The weighted average occupancy for commercial properties represents the total occupied square footage divided by the total square footage at acquisition. The weighted average occupancy for residential properties represents the total occupied units divided by the total available units.