Quarterly report pursuant to Section 13 or 15(d)

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

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MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Summary Of Mortgages, Loans Payable And Other Obligations (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Aug. 10, 2023
Debt Instrument [Line Items]        
Principal balance outstanding $ 1,900,000 $ 1,900,000    
Secured Debt        
Debt Instrument [Line Items]        
Principal balance outstanding 1,867,223 1,868,983    
Unamortized deferred financing costs (14,074) (15,086)    
Total mortgages, loans payable and other obligations, net $ 1,853,149 1,853,897    
Secured Debt | Signature Place        
Debt Instrument [Line Items]        
Effective rate (as a percent) 3.74%      
Principal balance outstanding $ 43,000 43,000    
Secured Debt | Liberty Towers        
Debt Instrument [Line Items]        
Effective rate (as a percent) 3.37%      
Principal balance outstanding $ 265,000 265,000    
Secured Debt | Portside 2 at East Pier        
Debt Instrument [Line Items]        
Effective rate (as a percent) 4.56%      
Principal balance outstanding $ 96,613 97,000    
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 $ 117,000 117,000    
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 | 145 Front at City Square        
Debt Instrument [Line Items]        
Principal balance outstanding $ 62,746 63,000    
Secured Debt | 145 Front at City Square | SOFR        
Debt Instrument [Line Items]        
Interest rate, variable (as a percent) 1.84%      
Derivative, cap interest rate     4.00%  
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 $ 41,000 41,000    
Secured Debt | BLVD 475 N/S        
Debt Instrument [Line Items]        
Effective rate (as a percent) 2.91%      
Principal balance outstanding $ 165,000 165,000    
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 | Soho Lofts        
Debt Instrument [Line Items]        
Effective rate (as a percent) 3.77%      
Principal balance outstanding $ 158,034 158,777    
Secured Debt | Soho Lofts | Prime Rate | Floating Rate        
Debt Instrument [Line Items]        
Interest rate, variable (as a percent) 2.75%      
Secured Debt | Soho Lofts | Prime Rate | Fixed Rate        
Debt Instrument [Line Items]        
Interest rate, variable (as a percent) 3.00%      
Secured Debt | Port Imperial South 4/5 Garage        
Debt Instrument [Line Items]        
Effective rate (as a percent) 4.85%      
Principal balance outstanding $ 31,511 31,645    
Secured Debt | The Emery at Overlook Ridge (h)        
Debt Instrument [Line Items]        
Effective rate (as a percent) 3.21%      
Principal balance outstanding $ 71,758 $ 72,000    
Secured Debt | The Emery at Overlook Ridge (h) | Prime Rate | Floating Rate        
Debt Instrument [Line Items]        
Interest rate, variable (as a percent) 2.75%      
Secured Debt | The Emery at Overlook Ridge (h) | 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 1.00%      
Secured Debt | Riverhouse9 At Port Imperial        
Debt Instrument [Line Items]        
Derivative, cap interest rate 3.00%