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December 2017 » Market Analysis » New York Market Data
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Manhattan Office Rent Vacancy
- Total Manhattan Office Market vacancy decreased from 38.36 million RSF to 37.06 million RSF
- Total Midtown Office vacancy decreased from 23.62 million RSF to 22.28 million RSF
- Total Midtown South Office vacancy increased from 6.79 million RSF to 6.86 million RSF.
- Total Downtown Office vacancy decreased from 7.95 million RSF to 7.93 million RSF
- Total Manhattan Office direct lease vacancy decreased from 33.1 million RSF to 31.58 million RSF.
- Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 19.99 million RSF to 18.76 million RSF
- Manhattan Office Sublease vacancy increased from 5.25 million RSF to 5.48 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 3.63 million RSF to 3.52 million RSF
- Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.82 million RSF to 5.77 million RSF
- Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.97 million RSF to 1.09 million RSF.
- Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 7.29 million RSF to 7.06 million RSF
- Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.66 million RSF to 0.87 million RSF.
Manhattan Retail Rent Vacancy
- Total Available Manhattan Retail Space decreased from 1.32 million RSF to 1.28 million RSF
- Midtown Manhattan Retail vacancy stayed at 0.52 million RSF.
- Midtown South Retail space vacancies decreased from 0.57 million RSF to 0.55 million RSF
- In Downtown Manhattan, Retail vacancy decreased from 0.23 million RSF to 0.21 million RSF
Manhattan Industrial Rent Vacancy
- Total Available Manhattan Industrial Space increased from 0.0 million RSF to 0.01 million RSF.
- Midtown Manhattan Industrial vacancy increased from 0.003 million RSF to 0.005 million RSF.
- Midtown South Industrial space vacancies stayed at 0.0 million RSF.
- In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
