Quarterly report [Sections 13 or 15(d)]

MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Mortgages, Loans Payable And Other Obligations (Details)

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MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Mortgages, Loans Payable And Other Obligations (Details) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 11, 2024
Jun. 30, 2025
Dec. 31, 2024
Debt Instrument [Line Items]      
Principal balance outstanding   $ 1,800,000 $ 1,700,000
Carrying value of encumbered properties   2,000,000  
Secured Debt      
Debt Instrument [Line Items]      
Principal balance outstanding   1,469,905 1,333,966
Unamortized deferred financing costs   (9,941) (10,492)
Total mortgages, loans payable and other obligations, net   $ 1,459,964 1,323,474
Secured Debt | Portside 2 at East Pier      
Debt Instrument [Line Items]      
Effective rate (as a percent)   4.56%  
Principal balance outstanding   $ 94,614 95,427
Debt instrument, percent guaranteed 10.00%    
Secured Debt | BLVD 425      
Debt Instrument [Line Items]      
Effective rate (as a percent)   4.17%  
Principal balance outstanding   $ 131,000 131,000
Secured Debt | BLVD 401      
Debt Instrument [Line Items]      
Effective rate (as a percent)   4.29%  
Principal balance outstanding   $ 114,500 115,515
Secured Debt | Portside at East Pier      
Debt Instrument [Line Items]      
Principal balance outstanding   $ 56,500 56,500
Derivative, cap interest rate   3.50%  
Secured Debt | Portside at East Pier | SOFR      
Debt Instrument [Line Items]      
Interest rate, variable (as a percent)   2.75%  
Secured Debt | The Upton      
Debt Instrument [Line Items]      
Principal balance outstanding   $ 75,000 75,000
Secured Debt | The Upton | SOFR      
Debt Instrument [Line Items]      
Interest rate, variable (as a percent)   1.58%  
Secured Debt | RiverHouse 9 At Port Imperial      
Debt Instrument [Line Items]      
Principal balance outstanding   $ 110,000 110,000
Secured Debt | RiverHouse 9 At Port Imperial | SOFR      
Debt Instrument [Line Items]      
Interest rate, variable (as a percent)   1.41%  
Secured Debt | Quarry Place at Tuckahoe      
Debt Instrument [Line Items]      
Effective rate (as a percent)   4.48%  
Principal balance outstanding   $ 0 41,000
Unamortized deferred financing costs   (100)  
Carrying value of encumbered properties   $ 41,000  
Secured Debt | BLVD 475      
Debt Instrument [Line Items]      
Effective rate (as a percent)   2.91%  
Principal balance outstanding   $ 162,969 164,712
Secured Debt | Haus25      
Debt Instrument [Line Items]      
Effective rate (as a percent)   6.04%  
Principal balance outstanding   $ 343,061 343,061
Secured Debt | RiverHouse 11 at Port Imperial      
Debt Instrument [Line Items]      
Effective rate (as a percent)   4.52%  
Principal balance outstanding   $ 100,000 100,000
Secured Debt | Sable      
Debt Instrument [Line Items]      
Effective rate (as a percent)   5.20%  
Principal balance outstanding   $ 181,544 0
Secured Debt | Port Imperial South 4/5 Garage      
Debt Instrument [Line Items]      
Effective rate (as a percent)   4.85%  
Principal balance outstanding   $ 30,815 31,098
Secured Debt | The Emery at Overlook Ridge      
Debt Instrument [Line Items]      
Effective rate (as a percent)   3.21%  
Principal balance outstanding   $ 69,902 $ 70,653
Secured Debt | The Emery at Overlook Ridge | Prime Rate | Floating Rate      
Debt Instrument [Line Items]      
Interest rate, variable (as a percent)   2.75%  
Secured Debt | The Emery at Overlook Ridge | Prime Rate | Fixed Rate      
Debt Instrument [Line Items]      
Interest rate, variable (as a percent)   3.00%  
Secured Debt | Upton      
Debt Instrument [Line Items]      
Derivative, cap interest rate   3.50%  
Secured Debt | Riverhouse9 At Port Imperial      
Debt Instrument [Line Items]      
Derivative, cap interest rate   3.50%