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February 2008 » Market Analysis » New York Market Data
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Manhattan Office Rent Vacancy
- Total Manhattan Office Market vacancy decreased from 22.35 million RSF to 20.94 million RSF
- Total Midtown Office vacancy decreased from 12.49 million RSF to 11.57 million RSF
- Total Midtown South Office vacancy decreased from 4.38 million RSF to 4.15 million RSF
- Total Downtown Office vacancy decreased from 5.48 million RSF to 5.22 million RSF
- Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 10.38 million RSF to 9.64 million RSF
- Total Manhattan Office direct lease vacancy decreased from 19.16 million RSF to 17.92 million RSF.
- Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 2.11 million RSF to 1.93 million RSF
- Manhattan Office Sublease vacancy decreased from 3.19 million RSF to 3.01 million RSF.
- Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 4.11 million RSF to 3.85 million RSF
- Total vacant Office Sublease Space For Lease in Midtown South Manhattan increased from 0.27 million RSF to 0.3 million RSF.
- Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 4.68 million RSF to 4.43 million RSF
- Total vacant Office Sublease Space For Lease in Downtown Manhattan decreased from 0.8 million RSF to 0.79 million RSF
Manhattan Retail Rent Vacancy
- Total Available Manhattan Retail Space decreased from 1.06 million RSF to 1.05 million RSF
- Midtown Manhattan Retail vacancy increased from 0.21 million RSF to 0.23 million RSF.
- Midtown South Retail space vacancies decreased from 0.77 million RSF to 0.73 million RSF
- In Downtown Manhattan, Retail vacancy increased from 0.08 million RSF to 0.09 million RSF.
Manhattan Industrial Rent Vacancy
- Total Available Manhattan Industrial Space increased from 0.2 million RSF to 0.21 million RSF.
- Midtown Manhattan Industrial vacancy decreased from 0.097 million RSF to 0.093 million RSF
- Midtown South Industrial space vacancies increased from 0.095 million RSF to 0.115 million RSF.
- In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
