Properties Held for Sale and Property Dispositions (Tables)

6 Months Ended

Jun. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

Summary of properties sold

The following table summarizes the properties disposed of during the six months ended June 30, 2022:

Property	Disposition Date	Property Type	Approximate Square Feet	Sales Price (in millions)		(Loss) Gain (in millions) (1)
707 Eleventh Avenue	February 2022	Fee Interest	159,720	$	95.0	$	(0.8)
1080 Amsterdam Avenue	April 2022	Leasehold Interest	85,250	42.7		17.9
1591-1597 Broadway	May 2022	Fee Interest	7,684	121.0		(4.5)
609 Fifth Avenue	June 2022	Fee Interest	138,563	100.5		(80.2)

(1)The (losses) gains on sale are net of $5.6 million of employee compensation accrued in connection with the realization of the investment dispositions during the six months ended June 30, 2022. Additionally, the amounts do not include adjustments for expenses recorded in subsequent periods.