v3.26.3
Investments in Unconsolidated Joint Ventures - Schedule of Mortgage Notes and Other Loans Payable Collateralized by the Respective Joint Venture Properties and Assignment of Leases (Details) - USD ($)
$ in Thousands
Oct. 31, 2026
Sep. 30, 2026
Dec. 31, 2025
Debt Instrument [Line Items]      
Total fixed rate debt   $ 2,159,386 $ 2,075,222
Total floating rate debt   57,413 79,277
Due from joint ventures      
Debt Instrument [Line Items]      
Total fixed rate debt   12,387,080 10,791,783
Total floating rate debt   500,435 1,687,249
Total fixed rate and floating rate debt   12,887,515 12,479,032
Deferred financing costs, net   (98,473) (100,882)
Total joint venture mortgages and other loans payable, net   12,789,042 12,378,150
Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   5,806,311 5,415,627
Total floating rate debt   177,899 481,571
Total fixed rate and floating rate debt   5,984,210 5,897,198
Deferred financing costs, net   (47,305) (50,476)
Total joint venture mortgages and other loans payable, net   $ 5,936,905 5,846,722
650 Fifth Avenue | Wharton Properties | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   50.00%  
Interest rate, fixed rate debt (as a percent)   5.45%  
Total fixed rate debt   $ 65,000 65,000
Interest rate, floating rate debt (as a percent)   2.25%  
Total floating rate debt   $ 210,000 210,000
650 Fifth Avenue | Wharton Properties | Due from joint ventures | Subsequent Event      
Debt Instrument [Line Items]      
Extinguishment of secured debt, bearing fixed interest, amount $ 65,000    
Secured debt, bearing fixed interest, mezzanine loan amount 2,000    
650 Fifth Avenue | Wharton Properties | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   32,500 32,500
Total floating rate debt   $ 105,000 105,000
1515 Broadway | Private Investor | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   56.87%  
Interest rate, fixed rate debt (as a percent)   3.93%  
Total fixed rate debt   $ 666,175 718,949
1515 Broadway | Private Investor | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 378,847 408,859
919 Third Avenue | Vornado Realty Trust | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   51.00%  
Interest rate, fixed rate debt (as a percent)   6.41%  
Total fixed rate debt   $ 500,000 500,000
919 Third Avenue | Vornado Realty Trust | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 255,000 255,000
245 Park Avenue | Allianz Real Estate of America | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   50.10%  
Interest rate, fixed rate debt (as a percent)   4.30%  
Total fixed rate debt   $ 1,768,000 1,768,000
245 Park Avenue | Allianz Real Estate of America | Due from joint ventures | Subsequent Event      
Debt Instrument [Line Items]      
Total fixed rate debt $ 2,000,000    
Fixed interest term 5 years    
245 Park Avenue | Allianz Real Estate of America | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 885,768 885,768
115 Spring Street | New York State Teacher's Retirement System | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   51.00%  
Interest rate, fixed rate debt (as a percent)   5.50%  
Total fixed rate debt   $ 66,621 65,550
115 Spring Street | New York State Teacher's Retirement System | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 33,977 33,431
280 Park Avenue | U.S. Affiliate of Mori Trust Co., Ltd | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   50.00%  
Interest rate, fixed rate debt (as a percent)   5.84%  
Total fixed rate debt   $ 1,075,000 1,075,000
280 Park Avenue | U.S. Affiliate of Mori Trust Co., Ltd | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 537,500 537,500
Worldwide Plaza | RXR Realty / New York REIT | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   25.05%  
Interest rate, fixed rate debt (as a percent)   3.98%  
Total fixed rate debt   $ 1,200,000 1,200,000
Worldwide Plaza | RXR Realty / New York REIT | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 300,600 300,600
220 East 42nd Street | A fund managed by Meritz Alternative Investment Management | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   51.00%  
Interest rate, fixed rate debt (as a percent)   6.77%  
Total fixed rate debt   $ 496,412 496,412
220 East 42nd Street | A fund managed by Meritz Alternative Investment Management | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 253,170 253,170
100 Park Avenue | Rockpoint Capital | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   50.80%  
Interest rate, fixed rate debt (as a percent)   5.73%  
Total fixed rate debt   $ 382,872 382,872
100 Park Avenue | Rockpoint Capital | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 194,499 194,499
15 Beekman | A fund managed by Meritz Alternative Investment Management | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   20.00%  
Interest rate, fixed rate debt (as a percent)   4.83%  
Total fixed rate debt   $ 117,000 120,000
15 Beekman | A fund managed by Meritz Alternative Investment Management | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 23,400 24,000
11 Madison Avenue | PGIM Real Estate | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   60.00%  
Interest rate, fixed rate debt (as a percent)   5.62%  
Total fixed rate debt   $ 1,400,000 1,400,000
11 Madison Avenue | PGIM Real Estate | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 840,000 840,000
One Madison Avenue | National Pension Service of Korea / Hines Interest LP / International Investor | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   25.50%  
Interest rate, fixed rate debt (as a percent)   5.81%  
Total fixed rate debt   $ 1,650,000 0
Total floating rate debt   0 1,163,814
One Madison Avenue | National Pension Service of Korea / Hines Interest LP / International Investor | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   420,750 0
Total floating rate debt   $ 0 296,772
One Vanderbilt Avenue | National Pension Service of Korea / Hines Interest LP / Mori Building Co., Ltd | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   55.01%  
Interest rate, fixed rate debt (as a percent)   2.95%  
Total fixed rate debt   $ 3,000,000 3,000,000
One Vanderbilt Avenue | National Pension Service of Korea / Hines Interest LP / Mori Building Co., Ltd | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total fixed rate debt   $ 1,650,300 1,650,300
450 Park Avenue | Korean Institutional Investor / Israeli Institutional Investor | Due from joint ventures      
Debt Instrument [Line Items]      
Economic interest (as a percent)   25.10%  
Interest rate, floating rate debt (as a percent)   2.10%  
Total floating rate debt   $ 290,435 290,435
450 Park Avenue | Korean Institutional Investor / Israeli Institutional Investor | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total floating rate debt   72,899 72,899
11 West 34th Street | Private Investor / Wharton Properties | Due from joint ventures      
Debt Instrument [Line Items]      
Total floating rate debt   0 23,000
11 West 34th Street | Private Investor / Wharton Properties | Due from joint ventures | Common Stock      
Debt Instrument [Line Items]      
Total floating rate debt   $ 0 $ 6,900