Schedule III - Real Estate and Accumulated Depreciation | Column A Column B Column C Initial Cost Column D Cost Capitalized Subsequent To Acquisition Column E Gross Amount at Which Carried at Close of Period Column F Column G Column H Column I Description Encumbrances Land Building & Improvements Land Building & Improvements Land Building & Improvements Total Accumulated Depreciation Date of Construction Date Acquired Life on Which Depreciation is Computed 420 Lexington Ave(1) $ 300,000 $ — $ 107,832 $ — $ 225,667 $ — $ 333,499 $ 333,499 $ 133,978 1927 3/1998 Various 711 Third Avenue(1) — 19,844 42,499 — 73,270 19,844 115,769 135,613 45,066 1955 5/1998 Various 555 W. 57th Street(1) — 18,846 78,704 — 62,242 18,846 140,946 159,792 69,817 1971 1/1999 Various 220 East 42nd Street(1) — 50,373 203,727 635 161,705 51,008 365,432 416,440 108,450 1929 2/2003 Various 461 Fifth Avenue(1) — — 62,695 — 25,581 — 88,276 88,276 29,680 1988 10/2003 Various 750 Third Avenue(1) — 51,093 205,972 — 45,551 51,093 251,523 302,616 101,854 1958 7/2004 Various 625 Madison Avenue(1) — — 246,673 — 44,646 — 291,319 291,319 118,380 1956 10/2004 Various 485 Lexington Avenue(1) 450,000 77,517 326,825 765 125,806 78,282 452,631 530,913 183,003 1956 12/2004 Various 609 Fifth Avenue(1) — 36,677 145,954 — 49,527 36,677 195,481 232,158 43,777 1925 6/2006 Various 810 Seventh Avenue(1) — 114,077 476,386 — 74,433 114,077 550,819 664,896 176,354 1970 1/2007 Various 1185 Avenue of the Americas(1) — — 728,213 — 62,893 — 791,106 791,106 265,896 1969 1/2007 Various 1350 Avenue of the Americas(1) — 91,038 380,744 (97 ) 50,773 90,941 431,517 522,458 136,853 1966 1/2007 Various 100 Summit Lake Drive(2) — 10,526 43,109 (3,337 ) (94 ) 7,189 43,015 50,204 18,936 1988 1/2007 Various 200 Summit Lake Drive(2) — 11,183 47,906 (5,321 ) (9,102 ) 5,862 38,804 44,666 21,203 1990 1/2007 Various 500 Summit Lake Drive(2) — 9,777 39,048 (3,601 ) (7,875 ) 6,176 31,173 37,349 14,523 1986 1/2007 Various 360 Hamilton Avenue(2) — 29,497 118,250 (2,625 ) 8,005 26,872 126,255 153,127 43,901 2000 1/2007 Various 1-6 Landmark Square(3) 100,000 50,947 195,167 (23,095 ) (33,824 ) 27,852 161,343 189,195 79,012 1973-1984 1/2007 Various 7 Landmark Square(3) — 2,088 7,748 (367 ) 669 1,721 8,417 10,138 1,539 2007 1/2007 Various 1010 Washington Boulevard(3) — 7,747 30,423 (1,259 ) 2,928 6,488 33,351 39,839 12,489 1988 1/2007 Various 1055 Washington Boulevard(3) — 13,516 53,228 (5,130 ) (9,986 ) 8,386 43,242 51,628 20,382 1987 6/2007 Various 1 Madison Avenue(1) — 172,641 654,394 905 18,411 173,546 672,805 846,351 193,033 1960 8/2007 Various 100 Church Street(1) 213,208 32,494 79,996 2,500 103,936 34,994 183,932 218,926 53,269 1959 1/2010 Various 125 Park Avenue(1) — 120,900 189,714 — 80,884 120,900 270,598 391,498 77,542 1923 10/2010 Various Williamsburg(4) — 3,677 14,708 2,523 (4,550 ) 6,200 10,158 16,358 2,127 2010 12/2010 Various 110 East 42nd Street(1) — 34,000 46,411 2,196 31,942 36,196 78,353 114,549 17,400 1921 5/2011 Various 400 East 58th Street(1)(5) 39,931 17,549 30,916 — 7,833 17,549 38,749 56,298 6,119 1929 1/2012 Various 752 Madison Avenue(1) — 282,415 7,131 1,871 1,183 284,286 8,314 292,600 1,380 1996/2012 1/2012 Various 762 Madison Avenue(1)(5) 771 6,153 10,461 — 109 6,153 10,570 16,723 1,884 1910 1/2012 Various 19-21 East 65th Street(1) — — 7,389 — 1,100 — 8,489 8,489 1,228 1928-1940 1/2012 Various 304 Park Avenue(1) — 54,189 75,619 300 15,024 54,489 90,643 145,132 19,315 1930 6/2012 Various 635 Sixth Avenue(1) — 24,180 37,158 163 51,103 24,343 88,261 112,604 10,931 1902 9/2012 Various 641 Sixth Avenue(1) — 45,668 67,316 308 9,760 45,976 77,076 123,052 15,891 1902 9/2012 Various 1080 Amsterdam(1)(6) 35,807 — 27,445 — 20,503 — 47,948 47,948 5,441 1932 10/2012 Various 315 West 33rd Street(1) 250,000 195,834 164,429 — 15,133 195,834 179,562 375,396 25,397 2000-2001 11/2013 Various 562 Fifth Avenue(1) — 57,052 10,487 — 1,213 57,052 11,700 68,752 4,458 1909/1920/1921 11/2013 Various Column A Column B Column C Initial Cost Column D Cost Capitalized Subsequent To Acquisition Column E Gross Amount at Which Carried at Close of Period Column F Column G Column H Column I Description Encumbrances Land Building & Improvements Land Building & Improvements Land Building & Improvements Total Accumulated Depreciation Date of Construction Date Acquired Life on Which Depreciation is Computed 719 Seventh Avenue(1)(7) 50,000 41,850 — (670 ) 46,232 41,180 46,232 87,412 3,025 1927 7/2014 Various 115 Spring Street(1) 65,550 11,078 44,799 — 1,850 11,078 46,649 57,727 5,248 1900 7/2014 Various 1640 Flatbush Avenue(4) — 6,226 501 — 503 6,226 1,004 7,230 50 1966 3/2015 Various 110 Greene Street(1)(5) — 45,120 215,470 — 12,923 45,120 228,393 273,513 23,683 1910 7/2015 Various 185 Broadway(1)(8) 111,869 13,400 34,175 32,022 (6,310 ) 45,422 27,865 73,287 419 1921 8/2015 Various 30 East 40th Street(1)(9) — 4,650 20,000 2 6,654 4,652 26,654 31,306 2,017 1927 8/2015 Various 133 Greene Street(1) 15,523 3,446 27,542 — — 3,446 27,542 30,988 119 1900 10/2018 Various 712 Madison Avenue(1) 28,000 7,207 47,397 — — 7,207 47,397 54,604 — 1900/1980 12/2018 Various Other(10) — 1,738 16,225 (2 ) (1 ) 1,736 16,224 17,960 4,068 Total $ 1,660,659 $ 1,776,213 $ 5,370,786 $ (1,314 ) $ 1,368,250 $ 1,774,899 $ 6,739,036 $ 8,513,935 $ 2,099,137 (1) Property located in New York, New York. (2) Property located in Westchester County, New York. (3) Property located in Connecticut. (4) Property located in Brooklyn, New York. (5) We own a 90.0% interest in this property. (6) We own a 92.5% interest in this property. (7) We own a 75.0% interest in this property. (8) Properties at 5-7 Dey Street, 183 Broadway, and 185 Broadway were demolished in preparation of the development site for the 185 Broadway project. (9) We own a 60.0% interest in this property. (10) Other includes tenant improvements of eEmerge, capitalized interest and corporate improvements. The changes in real estate for the years ended December 31, 2018 , 2017 and 2016 are as follows (in thousands): 2018 2017 2016 Balance at beginning of year $ 10,206,122 $ 12,743,332 $ 16,681,602 Property acquisitions 52,939 13,323 29,230 Improvements 267,726 342,014 426,060 Retirements/disposals/deconsolidation (2,012,852 ) (2,892,547 ) (4,393,560 ) Balance at end of year $ 8,513,935 $ 10,206,122 $ 12,743,332 The aggregate cost of land, buildings and improvements, before depreciation, for Federal income tax purposes at December 31, 2018 was $9.9 billion (unaudited). The changes in accumulated depreciation, exclusive of amounts relating to equipment, autos, and furniture and fixtures, for the years ended December 31, 2018 , 2017 and 2016 are as follows (in thousands): 2018 2017 2016 Balance at beginning of year $ 2,300,116 $ 2,264,694 $ 2,060,706 Depreciation for year 245,033 347,015 353,502 Retirements/disposals/deconsolidation (446,012 ) (311,593 ) (149,514 ) Balance at end of year $ 2,099,137 $ 2,300,116 $ 2,264,694 |