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February 2014
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January 2014
February 2014 New York Real Estate Market Data
Page 4
March 2014
February 7, 2014
Manhattan Office Rent Vacancy
Total Manhattan Office Market vacancy decreased from 38.58 million RSF to 37.09 million RSF
Total Midtown Office vacancy decreased from 22.01 million RSF to 21.22 million RSF
Total Midtown South Office vacancy decreased from 5.89 million RSF to 5.78 million RSF
Total Downtown Office vacancy decreased from 10.68 million RSF to 10.09 million RSF
Total Manhattan Office direct lease vacancy decreased from 34.73 million RSF to 33.43 million RSF.
Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 19.21 million RSF to 18.61 million RSF
Manhattan Office Sublease vacancy decreased from 3.85 million RSF to 3.65 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 2.8 million RSF to 2.6 million RSF
Total vacant Office Direct Space For Rent in Midtown South Manhattan decreased from 5.53 million RSF to 5.48 million RSF
Total vacant Office Sublease Space For Lease in Midtown South Manhattan decreased from 0.36 million RSF to 0.3 million RSF
Total vacant Office Direct Space For Rent in Downtown Manhattan decreased from 9.99 million RSF to 9.34 million RSF
Total vacant Office Sublease Space For Lease in Downtown Manhattan increased from 0.69 million RSF to 0.75 million RSF.
Manhattan Retail Rent Vacancy
Total Available Manhattan Retail Space decreased from 0.88 million RSF to 0.8 million RSF
Midtown Manhattan Retail vacancy decreased from 0.36 million RSF to 0.26 million RSF
Midtown South Retail space vacancies increased from 0.35 million RSF to 0.38 million RSF.
In Downtown Manhattan, Retail vacancy stayed at 0.16 million RSF.
Manhattan Industrial Rent Vacancy
Total Available Manhattan Industrial Space decreased from 0.07 million RSF to 0.06 million RSF
Midtown Manhattan Industrial vacancy stayed at 0.02 million RSF.
Midtown South Industrial space vacancies decreased from 0.055 million RSF to 0.042 million RSF
In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
Page 4
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