In December 2025, we closed on the acquisition of 130 Mercer Street (555-557 Broadway, "The Scholastic Building"), located in the SoHo submarket of Manhattan, for a purchase price of $386.0 million. In connection with the acquisition, we

entered into a lease with the former owner for approximately 0.2 million square feet of office space in the building, with an initial term of 15-years and two renewal options of ten years each. We will redevelop the remaining office space, amenity and common areas of the building.


						Intangibles
Property	Date Acquired	Land		Building and Improvements		Assets		Liabilities		Total
130 Mercer Street(1)	12/17/2025	$	66,309	$	247,994	$	91,207	$	(25,180)	$	380,330
North 6th Street Collection(2)	6/30/2025	11,243		20,458		—		—		31,701
North 6th Street Collection(3)	September 2024-October 2024	44,924		146,826		10,984		(9,664)		193,070
North 6th Street Collection(4)	9/14/2023	4,851		20,936		1,573		(300)		27,060

(1) Includes approximately 396,000 square feet of space, comprised of 368,000 square feet of office space and 28,000 square feet of retail space. Includes capitalized transaction costs and closing credits amounting to $(5.7) million. (2) Includes two retail properties with eleven residential units on North 6th Street in Williamsburg, Brooklyn. Includes capitalized transaction costs of $0.7 million. (3) Includes nine retail properties with five residential units on North 6th Street in Williamsburg, Brooklyn. Includes capitalized transaction costs and closing credits amounting to $(1.9) million. (4) Includes two retail properties near the Wythe Avenue and North 6th Street corner in Williamsburg, Brooklyn. Includes capitalized transaction costs of $0.7 million.

In March 2024, we executed a buyout of the 10% non-controlling interest in two of our multifamily properties located at 561 10th Avenue and 345 East 94th Street in Manhattan for $14.2 million in cash and the assumption of $18.0 million of in-place debt. As there was no change in control, we accounted for this acquisition as an equity transaction in accordance with Accounting Standards Codification 810-10 and no gain or loss was recognized.


Property	Date of Disposal	Sales Price		Gain on Disposition
Metro Center, Stamford, Connecticut(1)	12/22/2025	$	64,000	$	21,848
First Stamford Place, Stamford, Connecticut(2)	5/22/2024	165,807		26,472
500 Mamaroneck Avenue, Harrison, New York(3)	4/5/2023	53,000		11,075
69-97 and 103-107 Main Street, Westport, Connecticut	2/1/2023	40,000		15,689


(1) In connection with the sale of Metro Center, we repaid the related $71.6 million mortgage. (2) 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 a non-cash gain upon the disposition. (3) The gain is net of approximately $4.5 million of post-closing costs we accrued related to our commitment to reimburse the buyer for a lease that did not occur. We funded the buyer for these costs and we have no further obligations or contingencies related to this property.

In April 2024, we worked with the First Stamford Place mortgage lender to structure a consensual foreclosure. On May 22, 2024, a receiver was appointed and we ended our management and control of the property. In connection with this, we removed the related assets and property liabilities from our consolidated balance sheet and recognized a gain in the consolidated statements of operations of $13.3 million for the year ended December 31, 2024. We also recorded a contract asset of $170.4

million that represented the consideration not yet received for the senior mortgage obligation, including applicable accrued interest, we expected to be released upon the final resolution of the foreclosure process on First Stamford Place. On February 5, 2025, the consensual foreclosure of First Stamford Place was completed and we were released of the senior mortgage obligation and derecognized the debt associated with property in receivership and the related contract asset.

In connection with the completion of the consensual foreclosure we concluded that we are no longer the primary beneficiary of the entity that holds the First Stamford Place mezzanine debt obligation as we no longer have the power to direct the activities that most significantly impact the VIE's economic performance, nor the right to receive the benefits from the VIE. As a result, the entity was deconsolidated during the three months ended March 31, 2025 and we recognized a gain of $13.2 million from the mezzanine debt obligation. The gain is included as a component of gain on disposition of property in the accompanying consolidated statement of operations.