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December 2008 » Market Analysis » New York Industrial Report
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| NEW YORK INDUSTRIAL VACANT SPACE (In Millions of Rentable Square Feet) |
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| Direct | Sublease | Total | % Vacant | % Monthly Change | |
| Midtown Manhattan Industrial | 0.02 | 0.0 | 0.02 | 0.5 % | -808.41 % |
| Midtown South Manhattan Industrial | 0.1 | 0.24 | 0.34 | 5.4 % | 2.41 % |
| Downtown Manhattan Industrial | 0.0 | 0.0 | 0.0 | 0.0 % | 100.0 % |
| Total Manhattan Industrial | 0.12 | 0.24 | 0.37 | 3.1 % | -48.85 % |
| NEW YORK INDUSTRIAL VACANT SPACE NOW AND IN THE NEXT TWO YEARS (In Millions of Rentable Square Feet) |
|||||
| Direct | Sublease | Total | % Vacant | % Monthly Change | |
| Midtown Manhattan Industrial | 0.02 | 0.0 | 0.02 | 0.45 % | -808.41 % |
| Midtown South Manhattan Industrial | 0.55 | 0.24 | 0.79 | 11.52 % abc | 2.41 % |
| Downtown Manhattan Industrial | 0.01 | 0.0 | 0.01 | 0.0 % | 0 % |
| Total Manhattan Industrial | 0.58 | 0.24 | 0.82 | % | -17.41 % |
Manhattan Industrial Rent Vacancy
- Total Available Manhattan Industrial Space decreased from 0.55 million RSF to 0.37 million RSF
- Midtown Manhattan Industrial vacancy decreased from 0.194 million RSF to 0.021 million RSF
- Midtown South Industrial space vacancies decreased from 0.351 million RSF to 0.345 million RSF
- In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
