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August 2014
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July 2014
August 2014 New York Real Estate Market Data
Page 4
September 2014
August 7, 2014
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy decreased from 35.88 million RSF to 35.69 million RSF
Total Midtown Office vacancy increased from 20.95 million RSF to 20.99 million RSF.
Total Midtown South Office vacancy increased from 5.86 million RSF to 5.92 million RSF.
Total Downtown Office vacancy decreased from 9.07 million RSF to 8.78 million RSF
Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 18.78 million RSF to 18.62 million RSF
Total Manhattan Office direct lease vacancy decreased from 32.55 million RSF to 32.12 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan increased from 2.16 million RSF to 2.37 million RSF.
Manhattan Office Sublease vacancy increased from 3.34 million RSF to 3.57 million RSF.
Total vacant Office Direct Space For Rent in Midtown South Manhattan increased from 5.34 million RSF to 5.38 million RSF.
Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.52 million RSF to 0.54 million RSF.
Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 8.42 million RSF to 8.12 million RSF
Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.65 million RSF to 0.67 million RSF.
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space increased from 0.94 million RSF to 0.95 million RSF.
Midtown Manhattan Retail vacancy stayed at 0.3 million RSF.
Midtown South Retail space vacancies decreased from 0.43 million RSF to 0.39 million RSF
In Downtown Manhattan, Retail vacancy increased from 0.21 million RSF to 0.26 million RSF.
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space decreased from 0.06 million RSF to 0.05 million RSF
Midtown Manhattan Industrial vacancy stayed at 0.01 million RSF.
Midtown South Industrial space vacancies stayed at 0.04 million RSF.
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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