The following table summarizes the consolidated properties or joint venture interests sold during the six months ended June 30, 2026:


Property	Disposition Date	Interest Sold	Property Type	Unaudited Approximate Square Feet	Sales Price (1) (in millions)		Gain (Loss) on Sale (2) (in millions)
7 Dey Street (3)	May 2026	100.0%	Fee Interest	199,521	$	220.5	$	(4.2)
346 Madison Avenue (4)(5)	May 2026	49.0%	Fee Interest	275,138	$	175.0	$	1.3
690 Madison Avenue	February 2026	100.0%	Fee Interest	7,850	$	54.5	$	15.3

(2)The gain (loss) on sale is net of $9.9 million of employee compensation recognized in connection with the property dispositions. Amounts do not include adjustments for expenses recorded in subsequent periods.

(3)During the first quarter of 2026, the Company recognized a charge of $35.2 million to reduce the carrying value of the property to its fair value determined by the terms of the purchase and sale agreement. The charge is reflected in the Company's consolidated statements of operations within "Depreciable real estate reserves and impairments."

(4)In May 2026, the Company sold a 49.0% interest in the property, which resulted in the Company no longer retaining a controlling financial interest in the entity, as defined in ASC 810, and as a result the Company deconsolidated the entity. The retained investment is accounted for under the equity method of accounting and was recorded at fair value which resulted in the recognition of a positive fair value adjustment of $5.0 million that is reflected in the Company's consolidated statements of operations within "Purchase price and other fair value adjustments." See Note 16, " Fair Value Measurements."

(5)The sales price excludes $10.8 million of reimbursable predevelopment costs incurred subsequent to the acquisition of the property in October 2025.

As of June 30, 2026, 10 East 53rd Street was classified as held for sale following the execution of an agreement to sell the property for $310.0 million. The transaction closed in August 2026.