Public Storage New York — Initial Cost, Land increased by 0.8% to $316.90M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $314.29M to $316.90M.
Provides context on the historical capital investment required to enter or expand within the New York market.
The original purchase price paid for land parcels in the New York market at the time of acquisition. This serves as the...
Standard historical cost accounting metric for real estate assets.
psa_segment_new_york_initial_cost_land| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $277.12M | $281.50M | $314.29M | $314.29M | $316.90M |
| QoQ Change | — | +1.6% | +11.6% | +0.0% | +0.8% |
| YoY Change | — | +1.6% | +11.6% | +0.0% | +0.8% |