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December 2013
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November 2013
December 2013 New York Real Estate Market Data
Page 4
January 2014
December 7, 2013
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy increased from 37.19 million RSF to 38.35 million RSF.
Total Midtown Office vacancy increased from 21.68 million RSF to 21.92 million RSF.
Total Midtown South Office vacancy decreased from 6.19 million RSF to 6.17 million RSF
Total Downtown Office vacancy increased from 9.31 million RSF to 10.26 million RSF.
Total Manhattan Office direct lease vacancy increased from 32.86 million RSF to 34.51 million RSF.
Total vacant Office Direct Space For Rent in Midtown Manhattan increased from 18.45 million RSF to 19.14 million RSF.
Manhattan Office Sublease vacancy decreased from 4.33 million RSF to 3.85 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.23 million RSF to 2.78 million RSF
Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.88 million RSF to 5.79 million RSF
Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.31 million RSF to 0.38 million RSF.
Total vacant Office Direct Space For Rent in Downtown Manhattan increased from 8.53 million RSF to 9.58 million RSF.
Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.79 million RSF to 0.68 million RSF
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space increased from 0.84 million RSF to 0.87 million RSF.
Midtown Manhattan Retail vacancy stayed at 0.35 million RSF.
Midtown South Retail space vacancies increased from 0.32 million RSF to 0.35 million RSF.
In Downtown Manhattan, Retail vacancy stayed at 0.16 million RSF.
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space decreased from 0.08 million RSF to 0.07 million RSF
Midtown Manhattan Industrial vacancy decreased from 0.026 million RSF to 0.016 million RSF
Midtown South Industrial space vacancies increased from 0.054 million RSF to 0.055 million RSF.
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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