Schedule of Long-Term Debt Instruments [Table Text Block] |
Property
|
Maturity
|
|
Interest Rate
|
|
|
December 31,
2023
|
|
|
December 31,
2022
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flatbush Gardens, Brooklyn, NY (a)
|
6/1/2032
|
|
|
3.125 |
% |
|
$ |
329,000 |
|
|
$ |
329,000 |
|
250 Livingston Street, Brooklyn, NY (b)
|
6/6/2029
|
|
|
3.63 |
% |
|
|
125,000 |
|
|
|
125,000 |
|
141 Livingston Street, Brooklyn, NY (c)
|
3/6/2031
|
|
|
3.21 |
% |
|
|
100,000 |
|
|
|
100,000 |
|
Tribeca House, Manhattan, NY (d)
|
3/6/2028
|
|
|
4.506 |
% |
|
|
360,000 |
|
|
|
360,000 |
|
Aspen, Manhattan, NY (e)
|
7/1/2028
|
|
|
3.68 |
% |
|
|
61,004 |
|
|
|
62,554 |
|
Clover House, Brooklyn, NY (f)
|
12/1/2029
|
|
|
3.53 |
% |
|
|
82,000 |
|
|
|
82,000 |
|
10 West 65th Street, Manhattan, NY (g)
|
11/1/2027
|
|
|
SOFR + 2.50 |
% |
|
|
31,836 |
|
|
|
32,222 |
|
1010 Pacific Street, Brooklyn, NY (h)
|
9/1/2024
|
|
|
LIBOR + 3.60 |
% |
|
|
— |
|
|
|
43,477 |
|
1010 Pacific Street, Brooklyn, NY (h)
|
9/15/2025
|
|
|
5.55 |
% |
|
|
60,000 |
|
|
|
— |
|
1010 Pacific Street, Brooklyn, NY (h)
|
9/15/2025
|
|
|
6.37 |
% |
|
|
20,000 |
|
|
|
— |
|
Dean Street, Brooklyn, NY (i)
|
9/22/2023
|
|
|
Prime + 1.60 |
% |
|
|
— |
|
|
|
36,985 |
|
Dean Street, Brooklyn, NY (i)
|
8/10/2026
|
|
|
SOFR + 4 |
% |
|
|
42,909 |
|
|
|
— |
|
Dean Street, Brooklyn, NY (i)
|
8/10/2026
|
|
|
SOFR + 10 |
% |
|
|
7,280 |
|
|
|
— |
|
Total debt
|
|
|
|
|
|
$ |
1,219,029 |
|
|
$ |
1,171,238 |
|
Unamortized debt issuance costs
|
|
|
|
|
|
|
(13,405 |
) |
|
|
(9,650 |
) |
Total debt, net of unamortized debt issuance costs
|
|
|
|
|
|
$ |
1,205,624 |
|
|
$ |
1,161,588 |
|
|