v3.25.2
Acquisitions and Dispositions (Tables)
 6 Months Ended
Jun. 30, 2025
Business Combination and Dispositions [Abstract]  
Schedule of Purchase Price Allocations
The following table summarizes the purchase price allocations of these acquisitions (amounts in thousands):
Intangibles
PropertyDate AcquiredLandBuilding and ImprovementsAssetsLiabilitiesTotal
The North 6th Street Collection(1)
6/30/2025$11,243 $20,458 $— $— $31,701 
The North 6th Street Collection(2)
September 2024-October 202444,924 146,826 10,984 (9,664)193,070 
(1) Includes two retail properties on North 6th Street in Williamsburg, Brooklyn. Includes capitalized transaction costs of $0.7 million.
(2) Includes nine retail properties on North 6th Street in Williamsburg, Brooklyn. Includes capitalized transaction costs of $(1.9) million, net of certain closing credits.
Schedule of Property Dispositions
The following table summarizes properties disposed of during the six and twelve months ended June 30, 2025 and December 31, 2024, respectively (amounts in thousands):
PropertyDate of Disposal
Sales Price(1)
Gain on Disposition(2)
First Stamford Place, Stamford, Connecticut5/22/2024$165,807 $26,472 
(1) We transferred First Stamford Place, which was encumbered by mortgage and other debt obligations of $165.8 million back to the lender in a consensual foreclosure and recognized non-cash gain upon the disposition.
(2) Gain on disposition includes $13.2 million and $13.3 million for the three months ended March 31, 2025 and the year ended December 31, 2024, respectively.