Organization and Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of commercial office properties

As of September 30, 2017, we owned the following interests in properties in the New York Metropolitan area, primarily in midtown Manhattan. Our investments in the New York Metropolitan area also include investments in Brooklyn, Westchester County, Connecticut and New Jersey, which are collectively known as the Suburban properties:



Location	Type	Number of Properties	Approximate Square Feet (unaudited)	Weighted Average Occupancy⁽¹⁾ (unaudited)
Commercial:
Manhattan	Office	16	8,463,245	95.7	%
	Retail⁽²⁾⁽³⁾	5	364,816	98.0	%
	Fee Interest	1	176,530	100.0	%
		22	9,004,591	95.9	%
Suburban	Office⁽⁴⁾	15	2,746,000	84.6	%
	Retail	1	52,000	100.0	%
		16	2,798,000	84.9	%
Total commercial properties		38	11,802,591	93.2	%
Residential:
Manhattan	Residential⁽²⁾	—	222,855	88.0	%
Total portfolio		38	12,025,446	93.2	%


(1)	The weighted average occupancy for commercial properties represents the total occupied square feet divided by total square footage at acquisition. The weighted average occupancy for residential properties represents the total occupied units divided by total available units.

(2)

As of September 30, 2017, we owned a building at 315 West 33rd Street, also known as The Olivia, that was comprised of approximately 270,132 square feet (unaudited) of retail space and approximately 222,855 square feet (unaudited) of residential space. For the purpose of this report, we have included this building in the number of retail properties we own. However, we have included only the retail square footage in the retail approximate square footage, and have listed the balance of the square footage as residential square footage.


(3)	Includes two unconsolidated joint venture retail properties at 131-137 Spring Street comprised of approximately 68,342 square feet.


(4)	Includes the properties at 16 Court Street in Brooklyn, New York, and 125 Chubb Avenue in Lyndhurst, New Jersey which are classified as held for sale at September 30, 2017. The sales closed in October 2017.

RECKSON OPERATING PARTNERSHIP LP 10-Q